National Bank of Pakistan (KAR:NBP) EV-to-OCF: -0.26 (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:NBP National Bank of Pakistan KAR:NBP
68 GF Score
Price ₨170.55
GF Value ₨96.33
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is National Bank of Pakistan EV-to-OCF?

National Bank of Pakistan KAR:NBP +2.16% 68 EV-to-OCF is -0.26 as of Sep. 21, 2026. GuruFocus rates KAR:NBP with a GF Score™ of 68/100 and a GF Value™ of ₨96.33 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,489 Banks companies, National Bank of Pakistan ranks better than 69.17% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, National Bank of Pakistan's Enterprise Value is ₨34,200 Mil. National Bank of Pakistan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₨-132,117 Mil. Therefore, National Bank of Pakistan's EV-to-OCF for today is -0.26.

The historical rank and industry rank for National Bank of Pakistan's EV-to-OCF or its related term are showing as below:

KAR:NBP' s EV-to-OCF Range Over the Past 10 Years
Min: -10.25   Med: -0.24   Max: 2
Current: 0.08

During the past 13 years, the highest EV-to-OCF of National Bank of Pakistan was 2.00. The lowest was -10.25. And the median was -0.24.

KAR:NBP's EV-to-OCF is ranked better than
69.17% of 1489 companies
in the Banks industry
Industry Median: 4.16 vs KAR:NBP: 0.08

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-09-21), National Bank of Pakistan's stock price is ₨170.55. National Bank of Pakistan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₨35.181. Therefore, National Bank of Pakistan's PE Ratio (TTM) for today is 4.85.


National Bank of Pakistan  (KAR:NBP) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

National Bank of Pakistan's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=170.55/35.181
=4.85

National Bank of Pakistan's share price for today is ₨170.55.
National Bank of Pakistan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨35.181.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


National Bank of Pakistan EV-to-OCF Related Terms


National Bank of Pakistan EV-to-OCF Historical Data

* Premium members only.

The historical data trend for National Bank of Pakistan's EV-to-OCF 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.

National Bank of Pakistan EV-to-OCF Chart

National Bank of Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 20.48 32.09 25.93 -250.64

National Bank of Pakistan Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 13.23 35.33 -250.57 58.86 -25.62

National Bank of Pakistan EV-to-OCF Competitor Comparison

For the Banks - Regional subindustry, National Bank of Pakistan's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


National Bank of Pakistan EV-to-OCF vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of Pakistan's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where National Bank of Pakistan's EV-to-OCF falls into.


KAR:NBP
68GF Score
National Bank of Pakistan KAR:NBP
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Bank of Pakistan EV-to-OCF Calculation

National Bank of Pakistan's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=34200.198/-132117.257
=-0.26

National Bank of Pakistan's current Enterprise Value is ₨34,200 Mil.
National Bank of Pakistan's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-132,117 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-OCF →
What does a EV-to-OCF of -0.26 mean?
National Bank of Pakistan (KAR:NBP) has a EV-to-OCF of -0.26 as of Sep. 21, 2026. According to the industry distribution chart, National Bank of Pakistan ranks #459 out of 1489 companies in the Banks industry, placing it in the top 30.8%.
Is National Bank of Pakistan's EV-to-OCF too high?
National Bank of Pakistan's current EV-to-OCF is -0.26. Based on the distribution chart, National Bank of Pakistan ranks #459 out of 1489 companies in the Banks industry, which is above the industry midpoint. Overall, National Bank of Pakistan has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Pakistan's EV-to-OCF compare to competitors?
According to the Banks industry distribution chart, National Bank of Pakistan ranks #459 out of 1489 companies for EV-to-OCF. This puts National Bank of Pakistan in the upper half of its industry. The industry median EV-to-OCF is 4.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Banks company?
The median EV-to-OCF among Banks companies is 4.16, based on 1,489 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median EV-to-OCF is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Pakistan's current EV-to-OCF is -0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Pakistan stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Pakistan (KAR:NBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨96.33, compared to a current price of ₨170.55 — trading 77% above its estimated fair value. The current EV-to-OCF is -0.26. National Bank of Pakistan's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For National Bank of Pakistan (KAR:NBP), the current EV-to-OCF is -0.26 as of Sep. 21, 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 National Bank of Pakistan (KAR:NBP) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Pakistan stock appears to be overvalued. The current stock price of ₨170.55 is trading 77% above its estimated GF Value™ of ₨96.33. GuruFocus considers National Bank of Pakistan to be Significantly Overvalued.

Key valuation signals for KAR:NBP:

  • EV-to-OCF: -0.26
  • GF Value™: ₨96.33 vs. price of ₨170.55 (77% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


National Bank of Pakistan Business Description

Address I.I. Chundrigar Road, NBP Building, Karachi, SD, PAK
National Bank of Pakistan is a commercial bank that provides banking and related services in Pakistan and overseas. The bank offers diversified banking services across retail, commercial, corporate and investment, Islamic, treasury, and international banking segments. Geographically, it derives a majority of its revenue from Pakistan. Approximately the Bank operates an extensive domestic network of 1,503 branches, including the Export Processing Zone branch in Karachi, and maintains 14 international branches.
68GF Score

Get the complete analysis for KAR:NBP

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

₨170.55
Price
₨96.33
GF Value