MCB Bank (KAR:MCB) PE Ratio without NRI: 8.73 (As of Jul. 03, 2026) — 20% Above Median


KAR:MCB MCB Bank Ltd KAR:MCB
68 GF Score
Price ₨423.75
GF Value ₨235.55
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MCB Bank PE Ratio without NRI?

MCB Bank KAR:MCB -0.72% 68 PE Ratio without NRI is 8.73 as of Jul. 03, 2026, which is 20% above its 10-year median of 7.25. GuruFocus rates KAR:MCB with a GF Score™ of 68/100 and a GF Value™ of ₨235.55 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,448 Banks companies, MCB Bank ranks better than 75.41% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-03), MCB Bank's share price is ₨423.75. MCB Bank's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₨48.53. Therefore, MCB Bank's PE Ratio without NRI for today is 8.73.

During the past 13 years, MCB Bank's highest PE Ratio without NRI was 15.05. The lowest was 2.61. And the median was 7.25.

MCB Bank's EPS without NRI for the three months ended in Mar. 2026 was ₨11.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₨48.53.

As of today (2026-07-03), MCB Bank's share price is ₨423.75. MCB Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₨48.00. Therefore, MCB Bank's PE Ratio (TTM) for today is 8.83.

Warning Sign:

MCB Bank Ltd stock PE Ratio (=8.41) is close to 5-year high of 8.95.

During the past years, MCB Bank's highest PE Ratio (TTM) was 14.91. The lowest was 2.61. And the median was 7.29.

MCB Bank's EPS (Diluted) for the three months ended in Mar. 2026 was ₨11.07. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₨48.00.

MCB Bank's EPS (Basic) for the three months ended in Mar. 2026 was ₨11.07. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₨48.00.


MCB Bank  (KAR:MCB) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


MCB Bank PE Ratio without NRI Related Terms


MCB Bank PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for MCB Bank's PE Ratio without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MCB Bank PE Ratio without NRI Chart

MCB Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 4.01 3.15 5.23 7.65

MCB Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.48 5.84 7.62 7.65 7.57

MCB Bank PE Ratio without NRI Competitor Comparison

For the Banks - Regional subindustry, MCB Bank's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MCB Bank PE Ratio without NRI vs Banks Industry

For the Banks industry and Financial Services sector, MCB Bank's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where MCB Bank's PE Ratio without NRI falls into.


KAR:MCB
68GF Score
MCB Bank Ltd KAR:MCB
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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MCB Bank PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

MCB Bank's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=423.75/48.528
=8.73

MCB Bank's Share Price of today is ₨423.75.
MCB Bank's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨48.53.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 8.73 mean?
MCB Bank (KAR:MCB) has a PE Ratio without NRI of 8.73 as of Jul. 03, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on MCB Bank and its competitors. This is 20% above median its historical median of 7.25. Over the past decade, MCB Bank's PE Ratio without NRI has ranged from 2.61 to 15.05. According to the industry distribution chart, MCB Bank ranks #356 out of 1448 companies in the Banks industry, placing it in the top 24.6%.
Is MCB Bank's PE Ratio without NRI too high?
MCB Bank's current PE Ratio without NRI of 8.73 is 20% above median its 10-year median of 7.25. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 15.05. The Banks industry median PE Ratio without NRI is 11.48. MCB Bank's value of 8.73 is 24% below this industry median. Based on the distribution chart, MCB Bank ranks #356 out of 1448 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, MCB Bank has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCB Bank's PE Ratio without NRI compare to competitors?
According to the Banks industry distribution chart, MCB Bank ranks #356 out of 1448 companies for PE Ratio without NRI. This places MCB Bank in the top 25% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 11.48. MCB Bank's value of 8.73 is 24% below this benchmark. Historically, MCB Bank's own PE Ratio without NRI has ranged from 2.61 to 15.05 over the past decade. While the company's 10-year median is 7.25 vs. the industry median of 11.48, MCB Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for a Banks company?
The median PE Ratio without NRI among Banks companies is 11.48, based on 1,448 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MCB Bank's current PE Ratio without NRI of 8.73 is 24% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on MCB Bank and its competitors. For the Banks industry, the median PE Ratio without NRI is 11.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCB Bank's current PE Ratio without NRI is 8.73, which is 20% above median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCB Bank stock overvalued right now?
Based on GuruFocus' analysis, MCB Bank (KAR:MCB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨235.55, compared to a current price of ₨423.75 — trading 79.9% above its estimated fair value. The current PE Ratio without NRI is 8.73, which is 20% above median its 10-year median of 7.25 and 24% below the Banks industry median of 11.48. MCB Bank's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For MCB Bank (KAR:MCB), the current PE Ratio without NRI is 8.73 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MCB Bank (KAR:MCB) Overvalued in 2026?

Based on GuruFocus' analysis, MCB Bank stock appears to be overvalued. The current stock price of ₨423.75 is trading 79.9% above its estimated GF Value™ of ₨235.55. GuruFocus considers MCB Bank to be Significantly Overvalued.

Key valuation signals for KAR:MCB:

  • PE Ratio without NRI: 8.73 (20% above median its 10-year median of 7.25)
  • GF Value™: ₨235.55 vs. price of ₨423.75 (79.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 24% below the Banks median (#356 of 1448)

No single metric tells the full story. See the KAR:MCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MCB Bank Business Description

Address 15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK
MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Treasury, International banking and others. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.
68GF Score

Get the complete analysis for KAR:MCB

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨423.75
Price
₨235.55
GF Value