Meezan Bank (KAR:MEBL) Cyclically Adjusted PS Ratio: 6.73 (As of Jul. 28, 2026) — 54% Above Median

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KAR:MEBL Meezan Bank Ltd KAR:MEBL
72 GF Score
Price ₨563.80
GF Value ₨243.91
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Meezan Bank Cyclically Adjusted PS Ratio?

Meezan Bank KAR:MEBL +4.39% 72 Cyclically Adjusted PS Ratio is 6.73 as of Jul. 28, 2026, which is 54% above its 10-year median of 4.38. GuruFocus rates KAR:MEBL with a GF Score™ of 72/100 and a GF Value™ of ₨243.91 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,302 Banks companies, Meezan Bank ranks worse than 87.79% on this metric.

As of today (2026-07-28), Meezan Bank's current share price is ₨563.80. Meezan Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨83.78. Meezan Bank's Cyclically Adjusted PS Ratio for today is 6.73.

The historical rank and industry rank for Meezan Bank's Cyclically Adjusted PS Ratio or its related term are showing as below:

KAR:MEBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.31   Med: 4.38   Max: 6.66
Current: 6.45

During the past years, Meezan Bank's highest Cyclically Adjusted PS Ratio was 6.66. The lowest was 2.31. And the median was 4.38.

KAR:MEBL's Cyclically Adjusted PS Ratio is ranked worse than
87.79% of 1302 companies
in the Banks industry
Industry Median: 3.405 vs KAR:MEBL: 6.45

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Meezan Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨40.697. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₨83.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meezan Bank  (KAR:MEBL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Meezan Bank Cyclically Adjusted PS Ratio Related Terms


Meezan Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Meezan Bank's Cyclically Adjusted PS Ratio 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.

Meezan Bank Cyclically Adjusted PS Ratio Chart

Meezan Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 3.17 3.56 3.85 5.65

Meezan Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio 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 3.68 4.65 5.77 5.65 5.40

Meezan Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Meezan Bank's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Meezan Bank Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Meezan Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Meezan Bank's Cyclically Adjusted PS Ratio falls into.


KAR:MEBL
72GF Score
Meezan Bank Ltd KAR:MEBL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meezan Bank Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Meezan Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=563.80/83.78
=6.73

* 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.

Meezan Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Meezan Bank's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=40.697/330.2130*330.2130
=40.697

Current CPI (Mar. 2026) = 330.2130.

Meezan Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.663 241.018 5.019
201609 3.618 241.428 4.949
201612 3.409 241.432 4.663
201703 3.929 243.801 5.322
201706 4.331 244.955 5.838
201709 4.513 246.819 6.038
201712 3.588 246.524 4.806
201803 4.453 249.554 5.892
201806 4.940 251.989 6.474
201809 4.852 252.439 6.347
201812 5.769 251.233 7.583
201903 6.223 254.202 8.084
201906 8.222 256.143 10.600
201909 8.323 256.759 10.704
201912 7.922 256.974 10.180
202003 10.174 258.115 13.016
202006 10.994 257.797 14.082
202009 11.119 260.280 14.106
202012 10.121 260.474 12.831
202103 10.588 264.877 13.200
202106 11.068 271.696 13.452
202109 11.820 274.310 14.229
202112 12.886 278.802 15.262
202203 14.518 287.504 16.675
202206 17.078 296.311 19.032
202209 20.394 296.808 22.689
202212 25.926 296.797 28.845
202303 25.289 301.836 27.667
202306 30.750 305.109 33.280
202309 39.569 307.789 42.452
202312 43.330 306.746 46.645
202403 41.250 312.332 43.612
202406 43.010 314.175 45.206
202409 46.054 315.301 48.232
202412 45.435 315.605 47.538
202503 39.389 319.799 40.672
202506 40.784 322.561 41.752
202509 40.826 324.800 41.506
202512 37.878 324.054 38.598
202603 40.697 330.213 40.697

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 6.73 mean?
Meezan Bank (KAR:MEBL) has a Cyclically Adjusted PS Ratio of 6.73 as of Jul. 28, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Meezan Bank and its competitors. This is 54% above median its historical median of 4.38. Over the past decade, Meezan Bank's Cyclically Adjusted PS Ratio has ranged from 2.31 to 6.66. According to the industry distribution chart, Meezan Bank ranks #1143 out of 1302 companies in the Banks industry, placing it in the top 87.8%.
Is Meezan Bank's Cyclically Adjusted PS Ratio too high?
Meezan Bank's current Cyclically Adjusted PS Ratio of 6.73 is 54% above median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 6.66. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Meezan Bank's value of 6.73 is 97.7% above this industry median. Based on the distribution chart, Meezan Bank ranks #1143 out of 1302 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Meezan Bank has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meezan Bank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Meezan Bank ranks #1143 out of 1302 companies for Cyclically Adjusted PS Ratio. This places Meezan Bank in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. Meezan Bank's value of 6.73 is 97.7% above this benchmark. Historically, Meezan Bank's own Cyclically Adjusted PS Ratio has ranged from 2.31 to 6.66 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 3.41, Meezan Bank 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 Cyclically Adjusted PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.41, based on 1,302 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meezan Bank's current Cyclically Adjusted PS Ratio of 6.73 is 97.7% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Meezan Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meezan Bank's current Cyclically Adjusted PS Ratio is 6.73, which is 54% above median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meezan Bank stock overvalued right now?
Based on GuruFocus' analysis, Meezan Bank (KAR:MEBL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨243.91, compared to a current price of ₨563.80 — trading 131.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.73, which is 54% above median its 10-year median of 4.38 and 97.7% above the Banks industry median of 3.41. Meezan Bank's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Meezan Bank (KAR:MEBL), the current Cyclically Adjusted PS Ratio is 6.73 as of Jul. 28, 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 Meezan Bank (KAR:MEBL) Overvalued in 2026?

Based on GuruFocus' analysis, Meezan Bank stock appears to be overvalued. The current stock price of ₨563.80 is trading 131.2% above its estimated GF Value™ of ₨243.91. GuruFocus considers Meezan Bank to be Significantly Overvalued.

Key valuation signals for KAR:MEBL:

  • Cyclically Adjusted PS Ratio: 6.73 (54% above median its 10-year median of 4.38)
  • GF Value™: ₨243.91 vs. price of ₨563.80 (131.2% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 97.7% above the Banks median (#1143 of 1302)

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


Meezan Bank Business Description

Address Meezan House C-25, Estate Avenue, SITE, Karachi, SD, PAK, 75730
Meezan Bank Ltd is an Islamic commercial bank registered in Pakistan. It is engaged in corporate, commercial, consumer, investment and retail banking activities. The group also provides credit facilities for import finance, export re-finance, long-term finance, documentary credit requirements and project financing needs of customers. In addition, it offers investment banking solutions, commercial banking as well as providing diverse financial solutions to small and medium enterprises. Its reportable segments are Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. Geographically, the Bank operates only in Pakistan.
72GF Score

Get the complete analysis for KAR:MEBL

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨563.80
Price
₨243.91
GF Value