Pakistan Stock ExchangeKAR:PSX +10.01%71 Pretax Margin % is 91.74% as of Mar. 2026, which is 158% above its 10-year median of 35.52. GuruFocus rates KAR:PSX with a GF Score™ of 71/100 and a GF Value™ of ₨28.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 777 Capital Markets companies, Pakistan Stock Exchange ranks better than 94.08% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Pakistan Stock Exchange Pretax Margin % Related Terms
Pakistan Stock Exchange Pretax Margin % Historical Data
* 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.
KAR:PSX vs SPGI, CME, MCO: Pretax Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, Pakistan Stock Exchange's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
Pakistan Stock Exchange Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Pakistan Stock Exchange's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Pakistan Stock Exchange's Pretax Margin % falls into.
* 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.
Pakistan Stock Exchange (KAR:PSX) has a Pretax Margin % of 91.74% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pakistan Stock Exchange and its competitors. This is 158% above median its historical median of 35.52. Over the past decade, Pakistan Stock Exchange's Pretax Margin % has ranged from 12.56 to 102.79. According to the industry distribution chart, Pakistan Stock Exchange ranks #46 out of 777 companies in the Capital Markets industry, placing it in the top 5.9%.
Is Pakistan Stock Exchange's Pretax Margin % too high?
Pakistan Stock Exchange's current Pretax Margin % of 91.74% is 158% above median its 10-year median of 35.52. Over the past 10 years, this metric has ranged from a low of 12.56 to a high of 102.79. The Capital Markets industry median Pretax Margin % is 20.36. Pakistan Stock Exchange's value of 91.74% is 350.6% above this industry median. Based on the distribution chart, Pakistan Stock Exchange ranks #46 out of 777 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Pakistan Stock Exchange has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Stock Exchange's Pretax Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Pakistan Stock Exchange ranks #46 out of 777 companies for Pretax Margin %. This places Pakistan Stock Exchange in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.36. Pakistan Stock Exchange's value of 91.74% is 350.6% above this benchmark. Historically, Pakistan Stock Exchange's own Pretax Margin % has ranged from 12.56 to 102.79 over the past decade. While the company's 10-year median is 35.52 vs. the industry median of 20.36, Pakistan Stock Exchange has consistently been above 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 Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.36, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan Stock Exchange's current Pretax Margin % of 91.74% is 350.6% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pakistan Stock Exchange and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Stock Exchange's current Pretax Margin % is 91.74%, which is 158% above median its own 10-year median of 35.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Stock Exchange (KAR:PSX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨28.14, compared to a current price of ₨53.74 — trading 91% above its estimated fair value. The current Pretax Margin % is 91.74%, which is 158% above median its 10-year median of 35.52 and 350.6% above the Capital Markets industry median of 20.36. Pakistan Stock Exchange's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Pakistan Stock Exchange (KAR:PSX), the current Pretax Margin % is 91.74% as of Mar. 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 Pakistan Stock Exchange (KAR:PSX) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan Stock Exchange stock appears to be overvalued.
The current stock price of ₨53.74 is trading 91% above its estimated GF Value™ of ₨28.14.
GuruFocus considers Pakistan Stock Exchange to be Significantly Overvalued.
Key valuation signals for KAR:PSX:
Pretax Margin %: 91.74% (158% above median its 10-year median of 35.52)
GF Value™: ₨28.14 vs. price of ₨53.74 (91% above fair value)
Industry Position: 350.6% above the Capital Markets median (#46 of 777)
No single metric tells the full story. See the KAR:PSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan Stock Exchange Ltd is engaged in conducting, regulating and controlling the trade or business of purchasing, selling and trading in debentures stock, government papers, shares, scrips, stocks, bonds, loans, and any other instruments and securities. The products of the company involve Equity Segments, known as Ready Market (T+2), Bills & Bonds (for trading in government debt securities & corporate debt), Futures Counter, Deliverable Futures Contracts, Stock Index Futures, Negotiated Deal Market, REIT, Exchange Traded Funds and GEM Board.
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