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Pakistan RefineryKAR:PRL +1.30%78 EV-to-OCF is 1.94 as of Aug. 12, 2026, which is 646% above its 10-year median of 0.26. GuruFocus rates KAR:PRL with a GF Score™ of 78/100 and a GF Value™ of ₨32.96 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,027 Oil & Gas companies, Pakistan Refinery ranks better than 67.96% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Pakistan Refinery's Enterprise Value is ₨52,854 Mil.
Pakistan Refinery's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₨27,242 Mil. Therefore, Pakistan Refinery's EV-to-OCF for today is 1.94.
The historical rank and industry rank for Pakistan Refinery's EV-to-OCF or its related term are showing as below:
KAR:PRL'
s EV-to-OCF Range Over the Past 10 Years
Min: -64.86 Med: 0.26 Max: 30.84
Current: 1.77
During the past 13 years, the highest EV-to-OCF of Pakistan Refinery was 30.84. The lowest was -64.86. And the median was 0.26.
KAR:PRL's EV-to-OCF is ranked better than 67.96% of 1027
companies
in the Oil & Gas industry
Industry Median: 5.74
vs KAR:PRL: 1.77
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.
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.
Pakistan Refinery's PE Ratio (TTM) for today is calculated as:
Pakistan Refinery's share price for today is ₨71.02.
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.
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.
Pakistan Refinery EV-to-OCF Related Terms
Pakistan Refinery EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Pakistan Refinery'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.
For the Oil & Gas Refining & Marketing subindustry, Pakistan Refinery'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.
Pakistan Refinery EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pakistan Refinery's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Pakistan Refinery's EV-to-OCF falls into.
Pakistan Refinery's current Enterprise Value is ₨52,854 Mil.
Pakistan Refinery's Cash Flow from Operations 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 ₨27,242 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.
Pakistan Refinery (KAR:PRL) has a EV-to-OCF of 1.94 as of Aug. 12, 2026. This is 646% above median its historical median of 0.26. According to the industry distribution chart, Pakistan Refinery ranks #329 out of 1027 companies in the Oil & Gas industry, placing it in the top 32%.
Is Pakistan Refinery's EV-to-OCF too high?
Pakistan Refinery's current EV-to-OCF of 1.94 is 646% above median its 10-year median of 0.26. The Oil & Gas industry median EV-to-OCF is 5.74. Pakistan Refinery's value of 1.94 is 66.2% below this industry median. Based on the distribution chart, Pakistan Refinery ranks #329 out of 1027 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Pakistan Refinery has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Refinery's EV-to-OCF compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Pakistan Refinery ranks #329 out of 1027 companies for EV-to-OCF. This puts Pakistan Refinery in the upper half of its industry. The industry median EV-to-OCF is 5.74. Pakistan Refinery's value of 1.94 is 66.2% below this benchmark. While the company's 10-year median is 0.26 vs. the industry median of 5.74, 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-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.74, based on 1,027 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. Pakistan Refinery's current EV-to-OCF of 1.94 is 66.2% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Refinery's current EV-to-OCF is 1.94, which is 646% above median its own 10-year median of 0.26. 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 ₨32.96, compared to a current price of ₨71.02 — trading 115.5% above its estimated fair value. The current EV-to-OCF is 1.94, which is 646% above median its 10-year median of 0.26 and 66.2% below the Oil & Gas industry median of 5.74. Pakistan Refinery's overall GF Score™ is 78/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Pakistan Refinery (KAR:PRL), the current EV-to-OCF is 1.94 as of Aug. 12, 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 ₨71.02 is trading 115.5% above its estimated GF Value™ of ₨32.96.
GuruFocus considers Pakistan Refinery to be Significantly Overvalued.
Key valuation signals for KAR:PRL:
EV-to-OCF: 1.94 (646% above median its 10-year median of 0.26)
GF Value™: ₨32.96 vs. price of ₨71.02 (115.5% above fair value)
Industry Position: 66.2% below the Oil & Gas median (#329 of 1027)
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 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.
78GF Score
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