Pakistan Refinery (KAR:PRL) EV-to-EBITDA: 1.68 (As of Jul. 31, 2026) — 39% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:PRL Pakistan Refinery Ltd KAR:PRL
73 GF Score
Price ₨56.63
GF Value ₨32.78
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Pakistan Refinery EV-to-EBITDA?

Pakistan Refinery KAR:PRL -1.29% 73 EV-to-EBITDA is 1.68 as of Jul. 31, 2026, which is 39% below its 10-year median of 2.74. GuruFocus rates KAR:PRL with a GF Score™ of 73/100 and a GF Value™ of ₨32.78 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 763 Oil & Gas companies, Pakistan Refinery ranks better than 92.92% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Pakistan Refinery's enterprise value is ₨43,788 Mil. Pakistan Refinery's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₨25,999 Mil. Therefore, Pakistan Refinery's EV-to-EBITDA for today is 1.68.

The historical rank and industry rank for Pakistan Refinery's EV-to-EBITDA or its related term are showing as below:

KAR:PRL' s EV-to-EBITDA Range Over the Past 10 Years
Min: -87.6   Med: 2.74   Max: 799.55
Current: 1.69

During the past 13 years, the highest EV-to-EBITDA of Pakistan Refinery was 799.55. The lowest was -87.60. And the median was 2.74.

KAR:PRL's EV-to-EBITDA is ranked better than
92.92% of 763 companies
in the Oil & Gas industry
Industry Median: 7.62 vs KAR:PRL: 1.69

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-31), Pakistan Refinery's stock price is ₨56.63. Pakistan Refinery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₨19.060. Therefore, Pakistan Refinery's PE Ratio (TTM) for today is 2.97.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Pakistan Refinery  (KAR:PRL) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Pakistan Refinery's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=56.63/19.060
=2.97

Pakistan Refinery's share price for today is ₨56.63.
Pakistan Refinery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨19.060.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Pakistan Refinery EV-to-EBITDA Related Terms


Pakistan Refinery EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Pakistan Refinery's EV-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 Refinery EV-to-EBITDA Chart

Pakistan Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.27 0.37 3.81 2.69 35.62

Pakistan Refinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-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 -87.27 35.62 8.09 6.54 0.99

KAR:PRL vs MPC, VLO, PSX: EV-to-EBITDA Comparison

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

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

* The bar in red indicates where Pakistan Refinery's EV-to-EBITDA falls into.


KAR:PRL
73GF Score
Pakistan Refinery Ltd KAR:PRL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan Refinery EV-to-EBITDA Calculation

Pakistan Refinery's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=43788.438/25999.117
=1.68

Pakistan Refinery's current Enterprise Value is ₨43,788 Mil.
Pakistan Refinery's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨25,999 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 1.68 mean?
Pakistan Refinery (KAR:PRL) has a EV-to-EBITDA of 1.68 as of Jul. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pakistan Refinery. This is 39% below median its historical median of 2.74. According to the industry distribution chart, Pakistan Refinery ranks #54 out of 763 companies in the Oil & Gas industry, placing it in the top 7.1%.
Is Pakistan Refinery's EV-to-EBITDA too high?
Pakistan Refinery's current EV-to-EBITDA of 1.68 is 39% below median its 10-year median of 2.74. The Oil & Gas industry median EV-to-EBITDA is 7.62. Pakistan Refinery's value of 1.68 is 78% below this industry median. Based on the distribution chart, Pakistan Refinery ranks #54 out of 763 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Pakistan Refinery has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Refinery's EV-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Pakistan Refinery ranks #54 out of 763 companies for EV-to-EBITDA. This places Pakistan Refinery in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 7.62. Pakistan Refinery's value of 1.68 is 78% below this benchmark. While the company's 10-year median is 2.74 vs. the industry median of 7.62, Pakistan Refinery 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 EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.62, based on 763 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan Refinery's current EV-to-EBITDA of 1.68 is 78% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pakistan Refinery. For the Oil & Gas industry, the median EV-to-EBITDA is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Refinery's current EV-to-EBITDA is 1.68, which is 39% below median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Refinery stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Refinery (KAR:PRL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨32.78, compared to a current price of ₨56.63 — trading 72.8% above its estimated fair value. The current EV-to-EBITDA is 1.68, which is 39% below median its 10-year median of 2.74 and 78% below the Oil & Gas industry median of 7.62. Pakistan Refinery's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Pakistan Refinery (KAR:PRL), the current EV-to-EBITDA is 1.68 as of Jul. 31, 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 Refinery (KAR:PRL) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Refinery stock appears to be overvalued. The current stock price of ₨56.63 is trading 72.8% above its estimated GF Value™ of ₨32.78. GuruFocus considers Pakistan Refinery to be Significantly Overvalued.

Key valuation signals for KAR:PRL:

  • EV-to-EBITDA: 1.68 (39% below median its 10-year median of 2.74)
  • GF Value™: ₨32.78 vs. price of ₨56.63 (72.8% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 78% below the Oil & Gas median (#54 of 763)

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


Pakistan Refinery Business Description

Industry EnergyOil & Gas
Address Korangi Creek Road, P.O. Box 4612, Karachi, PAK, 75190
Pakistan Refinery Ltd is a manufacturer and supplier of petroleum products to the domestic market and Pakistan defence forces. Its products include liquefied petroleum gas, motor gasoline, kerosene oil, jet fuels, high-speed diesel and furnace oil. Its refinery operates at two locations; the main processing facility is located at Korangi Creek with supporting crude berthing and storage facility at Keamari.
73GF Score

Get the complete analysis for KAR:PRL

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

₨56.63
Price
₨32.78
GF Value