Pakistan Petroleum (KAR:PPL) Cyclically Adjusted PS Ratio: 2.85 (As of Jul. 11, 2026) — 76% Above Median


KAR:PPL Pakistan Petroleum Ltd KAR:PPL
80 GF Score
Price ₨236.55
GF Value ₨79.28
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Pakistan Petroleum Cyclically Adjusted PS Ratio?

Pakistan Petroleum KAR:PPL +0.39% 80 Cyclically Adjusted PS Ratio is 2.85 as of Jul. 11, 2026, which is 76% above its 10-year median of 1.62. GuruFocus rates KAR:PPL with a GF Score™ of 80/100 and a GF Value™ of ₨79.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 704 Oil & Gas companies, Pakistan Petroleum ranks worse than 79.12% on this metric.

As of today (2026-07-11), Pakistan Petroleum's current share price is ₨236.55. Pakistan Petroleum's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨83.04. Pakistan Petroleum's Cyclically Adjusted PS Ratio for today is 2.85.

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

KAR:PPL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.62   Max: 3.46
Current: 3

During the past years, Pakistan Petroleum's highest Cyclically Adjusted PS Ratio was 3.46. The lowest was 0.86. And the median was 1.62.

KAR:PPL's Cyclically Adjusted PS Ratio is ranked worse than
79.12% of 704 companies
in the Oil & Gas industry
Industry Median: 1.005 vs KAR:PPL: 3.00

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.

Pakistan Petroleum's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨22.622. 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 ₨83.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Petroleum  (KAR:PPL) 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.


Pakistan Petroleum Cyclically Adjusted PS Ratio Related Terms


Pakistan Petroleum Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pakistan Petroleum'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.

Pakistan Petroleum Cyclically Adjusted PS Ratio Chart

Pakistan Petroleum Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.17 0.91 1.63 2.19

Pakistan Petroleum 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 2.51 2.19 2.62 2.94 2.39

KAR:PPL vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Pakistan Petroleum'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.


Pakistan Petroleum Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pakistan Petroleum's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:PPL
80GF Score
Pakistan Petroleum Ltd KAR:PPL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pakistan Petroleum 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.

Pakistan Petroleum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=236.55/83.04
=2.85

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

For example, Pakistan Petroleum'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)
=22.622/330.2130*330.2130
=22.622

Current CPI (Mar. 2026) = 330.2130.

Pakistan Petroleum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.627 241.018 10.450
201609 6.957 241.428 9.515
201612 7.832 241.432 10.712
201703 8.852 243.801 11.989
201706 19.520 244.955 26.314
201709 11.877 246.819 15.890
201712 10.619 246.524 14.224
201803 11.369 249.554 15.044
201806 12.676 251.989 16.611
201809 14.088 252.439 18.428
201812 14.970 251.233 19.676
201903 14.895 254.202 19.349
201906 16.467 256.143 21.229
201909 15.391 256.759 19.794
201912 16.076 256.974 20.658
202003 15.033 258.115 19.232
202006 11.561 257.797 14.809
202009 14.450 260.280 18.332
202012 13.414 260.474 17.005
202103 13.578 264.877 16.927
202106 13.437 271.696 16.331
202109 16.022 274.310 19.287
202112 17.215 278.802 20.389
202203 18.795 287.504 21.587
202206 22.897 296.311 25.517
202209 26.762 296.808 29.774
202212 24.035 296.797 26.741
202303 28.263 301.836 30.920
202306 26.805 305.109 29.010
202309 28.670 307.789 30.759
202312 26.830 306.746 28.883
202403 27.748 312.332 29.337
202406 23.784 314.175 24.998
202409 24.545 315.301 25.706
202412 22.530 315.605 23.573
202503 23.707 319.799 24.479
202506 19.264 322.561 19.721
202509 21.087 324.800 21.438
202512 22.682 324.054 23.113
202603 22.622 330.213 22.622

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 2.85 mean?
Pakistan Petroleum (KAR:PPL) has a Cyclically Adjusted PS Ratio of 2.85 as of Jul. 11, 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 Pakistan Petroleum and its competitors. This is 76% above median its historical median of 1.62. Over the past decade, Pakistan Petroleum's Cyclically Adjusted PS Ratio has ranged from 0.86 to 3.46. According to the industry distribution chart, Pakistan Petroleum ranks #557 out of 704 companies in the Oil & Gas industry, placing it in the top 79.1%.
Is Pakistan Petroleum's Cyclically Adjusted PS Ratio too high?
Pakistan Petroleum's current Cyclically Adjusted PS Ratio of 2.85 is 76% above median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 3.46. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.01. Pakistan Petroleum's value of 2.85 is 183.6% above this industry median. Based on the distribution chart, Pakistan Petroleum ranks #557 out of 704 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Pakistan Petroleum has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Petroleum's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Pakistan Petroleum ranks #557 out of 704 companies for Cyclically Adjusted PS Ratio. This places Pakistan Petroleum in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.01. Pakistan Petroleum's value of 2.85 is 183.6% above this benchmark. Historically, Pakistan Petroleum's own Cyclically Adjusted PS Ratio has ranged from 0.86 to 3.46 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.01, Pakistan Petroleum 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.01, based on 704 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. Pakistan Petroleum's current Cyclically Adjusted PS Ratio of 2.85 is 183.6% 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 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 Pakistan Petroleum and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Petroleum's current Cyclically Adjusted PS Ratio is 2.85, which is 76% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Petroleum (KAR:PPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨79.28, compared to a current price of ₨236.55 — trading 198.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.85, which is 76% above median its 10-year median of 1.62 and 183.6% above the Oil & Gas industry median of 1.01. Pakistan Petroleum's overall GF Score™ is 80/100 with 6 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 Pakistan Petroleum (KAR:PPL), the current Cyclically Adjusted PS Ratio is 2.85 as of Jul. 11, 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 Petroleum (KAR:PPL) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Petroleum stock appears to be overvalued. The current stock price of ₨236.55 is trading 198.4% above its estimated GF Value™ of ₨79.28. GuruFocus considers Pakistan Petroleum to be Significantly Overvalued.

Key valuation signals for KAR:PPL:

  • Cyclically Adjusted PS Ratio: 2.85 (76% above median its 10-year median of 1.62)
  • GF Value™: ₨79.28 vs. price of ₨236.55 (198.4% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 183.6% above the Oil & Gas median (#557 of 704)

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


Pakistan Petroleum Business Description

Industry EnergyOil & Gas
Address Dr. Ziauddin Ahmed Road, P.O. Box 3942, 4th Floor, PIDC House, Karachi, SD, PAK, 75530
Pakistan Petroleum Ltd, or PPL along with its subsidiaries is engaged in conducting exploration, prospecting, development, and production of oil and natural gas resources. The company is organised into one operating segment i.e. exploration, development and production of oil, gas and barytes. It operates several producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur and Shahdadpur West.
80GF Score

Get the complete analysis for KAR:PPL

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

₨236.55
Price
₨79.28
GF Value