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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pakistan National Shipping's retained earnings for the quarter that ended in Mar. 2026 was ₨100,462 Mil.
Pakistan National Shipping's quarterly retained earnings
declined
from Sep. 2025 (₨103,192 Mil) to Dec. 2025 (₨99,825 Mil) but then
increased
from Dec. 2025 (₨99,825 Mil) to Mar. 2026 (₨100,462 Mil).
Pakistan National Shipping's annual retained earnings
increased
from Jun. 2023 (₨68,068 Mil) to Jun. 2024 (₨84,952 Mil) and
increased
from Jun. 2024 (₨84,952 Mil) to Jun. 2025 (₨99,477 Mil).
Pakistan National Shipping (KAR:PNSC) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Pakistan National Shipping Retained Earnings 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.
Pakistan National Shipping Retained Earnings Chart
Pakistan National Shipping Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of ₨100,462 Mil mean?
Pakistan National Shipping (KAR:PNSC) has a Retained Earnings of ₨100,462 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Pakistan National Shipping and its competitors.
Is Pakistan National Shipping's Retained Earnings too high?
Pakistan National Shipping's current Retained Earnings is ₨100,462 Mil. Overall, Pakistan National Shipping has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's Retained Earnings compare to KEX?
Pakistan National Shipping's Retained Earnings of ₨100,462 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Pakistan National Shipping and its competitors. Pakistan National Shipping's current Retained Earnings is ₨100,462 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨303.01, compared to a current price of ₨532.41 — trading 75.7% above its estimated fair value. The current Retained Earnings is ₨100,462 Mil. Pakistan National Shipping's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Pakistan National Shipping (KAR:PNSC), the current Retained Earnings is ₨100,462 Mil 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 National Shipping (KAR:PNSC) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued.
The current stock price of ₨532.41 is trading 75.7% above its estimated GF Value™ of ₨303.01.
GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.
Key valuation signals for KAR:PNSC:
Retained Earnings: ₨100,462 Mil
GF Value™: ₨303.01 vs. price of ₨532.41 (75.7% above fair value)
No single metric tells the full story. See the KAR:PNSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
81GF Score
Get the complete analysis for KAR:PNSC
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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