Pakistan National Shipping (KAR:PNSC) ROE %: 6.25% (As of Mar. 2026) — 29% Below Median


KAR:PNSC Pakistan National Shipping Corp Ltd KAR:PNSC
81 GF Score
Price ₨613.04
GF Value ₨300.41
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Pakistan National Shipping ROE %?

Pakistan National Shipping KAR:PNSC +0.81% 81 ROE % is 6.25% as of Mar. 2026, which is 29% below its 10-year median of 8.80. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨300.41 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 991 Transportation companies, Pakistan National Shipping ranks better than 68.72% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pakistan National Shipping's annualized net income for the quarter that ended in Mar. 2026 was ₨6,513 Mil. Pakistan National Shipping's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₨104,138 Mil. Therefore, Pakistan National Shipping's annualized ROE % for the quarter that ended in Mar. 2026 was 6.25%.

The historical rank and industry rank for Pakistan National Shipping's ROE % or its related term are showing as below:

KAR:PNSC' s ROE % Range Over the Past 10 Years
Min: 5.36   Med: 8.8   Max: 52.88
Current: 12.09

During the past 13 years, Pakistan National Shipping's highest ROE % was 52.88%. The lowest was 5.36%. And the median was 8.80%.

KAR:PNSC's ROE % is ranked better than
68.72% of 991 companies
in the Transportation industry
Industry Median: 7.62 vs KAR:PNSC: 12.09

Pakistan National Shipping  (KAR:PNSC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6513.324/104137.964
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6513.324 / 62961.1)*(62961.1 / 144847.335)*(144847.335 / 104137.964)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.34 %*0.4347*1.3909
=ROA %*Equity Multiplier
=4.49 %*1.3909
=6.25 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6513.324/104137.964
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6513.324 / 5913.176) * (5913.176 / 5989.52) * (5989.52 / 62961.1) * (62961.1 / 144847.335) * (144847.335 / 104137.964)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1015 * 0.9873 * 9.51 % * 0.4347 * 1.3909
=6.25 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Pakistan National Shipping ROE % Related Terms


Pakistan National Shipping ROE % Historical Data

* Premium members only.

The historical data trend for Pakistan National Shipping's ROE % 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.

Pakistan National Shipping ROE % Chart

Pakistan National Shipping Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.31 14.21 52.88 25.32 21.32

Pakistan National Shipping Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 29.45 19.85 14.10 8.20 6.25

Pakistan National Shipping ROE % Competitor Comparison

For the Marine Shipping subindustry, Pakistan National Shipping's ROE %, along with its competitors' market caps and ROE % 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 National Shipping ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Pakistan National Shipping's ROE % distribution charts can be found below:

* The bar in red indicates where Pakistan National Shipping's ROE % falls into.


KAR:PNSC
81GF Score
Pakistan National Shipping Corp Ltd KAR:PNSC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan National Shipping ROE % Calculation

Pakistan National Shipping's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=20447.468/( (88312.968+103488.495)/ 2 )
=20447.468/95900.7315
=21.32 %

Pakistan National Shipping's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6513.324/( (103819.038+104456.89)/ 2 )
=6513.324/104137.964
=6.25 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.25% mean?
Pakistan National Shipping (KAR:PNSC) has a ROE % of 6.25% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Pakistan National Shipping and its competitors. This is 29% below median its historical median of 8.80. Over the past decade, Pakistan National Shipping's ROE % has ranged from 5.36 to 52.88. According to the industry distribution chart, Pakistan National Shipping ranks #310 out of 991 companies in the Transportation industry, placing it in the top 31.3%.
Is Pakistan National Shipping's ROE % too high?
Pakistan National Shipping's current ROE % of 6.25% is 29% below median its 10-year median of 8.80. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 52.88. The Transportation industry median ROE % is 7.62. Pakistan National Shipping's value of 6.25% is 18% below this industry median. Based on the distribution chart, Pakistan National Shipping ranks #310 out of 991 companies in the Transportation industry, which is above the industry midpoint. 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 ROE % compare to competitors?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #310 out of 991 companies for ROE %. This puts Pakistan National Shipping in the upper half of its industry. The industry median ROE % is 7.62. Pakistan National Shipping's value of 6.25% is 18% below this benchmark. Historically, Pakistan National Shipping's own ROE % has ranged from 5.36 to 52.88 over the past decade. While the company's 10-year median is 8.80 vs. the industry median of 7.62, Pakistan National Shipping 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 ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan National Shipping's current ROE % of 6.25% is 18% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Pakistan National Shipping and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan National Shipping's current ROE % is 6.25%, which is 29% below median its own 10-year median of 8.80. 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 ₨300.41, compared to a current price of ₨613.04 — trading 104.1% above its estimated fair value. The current ROE % is 6.25%, which is 29% below median its 10-year median of 8.80 and 18% below the Transportation industry median of 7.62. Pakistan National Shipping's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Pakistan National Shipping (KAR:PNSC), the current ROE % is 6.25% 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 ₨613.04 is trading 104.1% above its estimated GF Value™ of ₨300.41. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

  • ROE %: 6.25% (29% below median its 10-year median of 8.80)
  • GF Value™: ₨300.41 vs. price of ₨613.04 (104.1% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 18% below the Transportation median (#310 of 991)

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 Business Description

Address PNSC Building, Moulvi Tamizuddin Khan Road, P.O. BOX No. 5350, Karachi, SD, PAK, 74000
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

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨613.04
Price
₨300.41
GF Value