Pakistan State Oil Co (KAR:PSO) Debt-to-EBITDA : 1.02 (As of Mar. 2026) — 74% Below Median

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KAR:PSO Pakistan State Oil Co Ltd KAR:PSO
83 GF Score
Price ₨350.66
GF Value ₨258.61
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Pakistan State Oil Co Debt-to-EBITDA?

Pakistan State Oil Co KAR:PSO +0.26% 83 Debt-to-EBITDA is 1.02 as of Mar. 2026, which is 74% below its 10-year median of 3.88. GuruFocus rates KAR:PSO with a GF Score™ of 83/100 and a GF Value™ of ₨258.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 720 Oil & Gas companies, Pakistan State Oil Co ranks worse than 53.06% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Pakistan State Oil Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₨295,022 Mil. Pakistan State Oil Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₨23,649 Mil. Pakistan State Oil Co's annualized EBITDA for the quarter that ended in Mar. 2026 was ₨311,595 Mil. Pakistan State Oil Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.02.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Pakistan State Oil Co's Debt-to-EBITDA or its related term are showing as below:

KAR:PSO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 3.88   Max: 19.29
Current: 2.14

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pakistan State Oil Co was 19.29. The lowest was 1.07. And the median was 3.88.

KAR:PSO's Debt-to-EBITDA is ranked worse than
53.06% of 720 companies
in the Oil & Gas industry
Industry Median: 1.925 vs KAR:PSO: 2.14

Pakistan State Oil Co  (KAR:PSO) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Pakistan State Oil Co Debt-to-EBITDA Related Terms


Pakistan State Oil Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Pakistan State Oil Co's Debt-to-EBITDA 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 State Oil Co Debt-to-EBITDA Chart

Pakistan State Oil Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.07 7.20 4.07 4.38

Pakistan State Oil Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 5.19 4.57 3.01 5.02 1.02

KAR:PSO vs MPC, VLO, PSX: Debt-to-EBITDA Comparison

For the Oil & Gas Refining & Marketing subindustry, Pakistan State Oil Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 State Oil Co Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pakistan State Oil Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pakistan State Oil Co's Debt-to-EBITDA falls into.


KAR:PSO
83GF Score
Pakistan State Oil Co Ltd KAR:PSO
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan State Oil Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Pakistan State Oil Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(372095.022 + 21788.181) / 90016.351
=4.38

Pakistan State Oil Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(295022.006 + 23648.878) / 311594.868
=1.02

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.02 mean?
Pakistan State Oil Co (KAR:PSO) has a Debt-to-EBITDA of 1.02 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pakistan State Oil Co. This is 74% below median its historical median of 3.88. Over the past decade, Pakistan State Oil Co's Debt-to-EBITDA has ranged from 1.07 to 19.29. According to the industry distribution chart, Pakistan State Oil Co ranks #382 out of 720 companies in the Oil & Gas industry, placing it in the top 53.1%.
Is Pakistan State Oil Co's Debt-to-EBITDA too high?
Pakistan State Oil Co's current Debt-to-EBITDA of 1.02 is 74% below median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 19.29. The Oil & Gas industry median Debt-to-EBITDA is 1.93. Pakistan State Oil Co's value of 1.02 is 47% below this industry median. Based on the distribution chart, Pakistan State Oil Co ranks #382 out of 720 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Pakistan State Oil Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan State Oil Co's Debt-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Pakistan State Oil Co ranks #382 out of 720 companies for Debt-to-EBITDA. This places Pakistan State Oil Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.93. Pakistan State Oil Co's value of 1.02 is 47% below this benchmark. Historically, Pakistan State Oil Co's own Debt-to-EBITDA has ranged from 1.07 to 19.29 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 1.93, Pakistan State Oil Co 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 Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.93, based on 720 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan State Oil Co's current Debt-to-EBITDA of 1.02 is 47% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pakistan State Oil Co. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan State Oil Co's current Debt-to-EBITDA is 1.02, which is 74% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan State Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Pakistan State Oil Co (KAR:PSO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨258.61, compared to a current price of ₨350.66 — trading 35.6% above its estimated fair value. The current Debt-to-EBITDA is 1.02, which is 74% below median its 10-year median of 3.88 and 47% below the Oil & Gas industry median of 1.93. Pakistan State Oil Co's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Pakistan State Oil Co (KAR:PSO), the current Debt-to-EBITDA is 1.02 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 State Oil Co (KAR:PSO) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan State Oil Co stock appears to be overvalued. The current stock price of ₨350.66 is trading 35.6% above its estimated GF Value™ of ₨258.61. GuruFocus considers Pakistan State Oil Co to be Significantly Overvalued.

Key valuation signals for KAR:PSO:

  • Debt-to-EBITDA: 1.02 (74% below median its 10-year median of 3.88)
  • GF Value™: ₨258.61 vs. price of ₨350.66 (35.6% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 47% below the Oil & Gas median (#382 of 720)

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


Pakistan State Oil Co Business Description

Industry EnergyOil & Gas
Address PSO House, Khayaban-e-Iqbal, Clifton, Karachi, SD, PAK, 75600
Pakistan State Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum and related products. It also blends and markets lubricating oils. It comprises three reportable segments: Petroleum products, Liquefied Natural Gas (LNG), and Others. The majority of the company's revenues are derived from the petroleum products segment.
83GF Score

Get the complete analysis for KAR:PSO

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

₨350.66
Price
₨258.61
GF Value