Pakistan Refinery (KAR:PRL) Equity-to-Asset: 0.25 (As of Mar. 2026) — 108% Above Median

Author: Vera Yuan Vera Yuan
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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
66 GF Score
Price ₨83.37
GF Value ₨33.09
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Pakistan Refinery Equity-to-Asset?

Pakistan Refinery KAR:PRL -1.22% 66 Equity-to-Asset is 0.25 as of Mar. 2026, which is 108% above its 10-year median of 0.12. GuruFocus rates KAR:PRL with a GF Score™ of 66/100 and a GF Value™ of ₨33.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,032 Oil & Gas companies, Pakistan Refinery ranks worse than 77.81% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pakistan Refinery's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₨38,684 Mil. Pakistan Refinery's Total Assets for the quarter that ended in Mar. 2026 was ₨154,917 Mil. Therefore, Pakistan Refinery's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.25.

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

KAR:PRL' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03   Med: 0.12   Max: 0.29
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Pakistan Refinery was 0.29. The lowest was -0.03. And the median was 0.12.

KAR:PRL's Equity-to-Asset is ranked worse than
77.81% of 1032 companies
in the Oil & Gas industry
Industry Median: 0.49 vs KAR:PRL: 0.25

Pakistan Refinery  (KAR:PRL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Pakistan Refinery Equity-to-Asset Related Terms


Pakistan Refinery Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Pakistan Refinery's Equity-to-Asset 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 Equity-to-Asset Chart

Pakistan Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.26 0.24 0.27 0.25

Pakistan Refinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.23 0.25 0.23 0.23 0.25

KAR:PRL vs MPC, VLO, PSX: Equity-to-Asset Comparison

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

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

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


KAR:PRL
66GF Score
Pakistan Refinery Ltd KAR:PRL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan Refinery Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Pakistan Refinery's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=26604.224/107940.926
=0.25

Pakistan Refinery's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=38684.078/154916.714
=0.25

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.25 mean?
Pakistan Refinery (KAR:PRL) has a Equity-to-Asset of 0.25 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Pakistan Refinery and its competitors. This is 108% above median its historical median of 0.12. According to the industry distribution chart, Pakistan Refinery ranks #803 out of 1032 companies in the Oil & Gas industry, placing it in the top 77.8%.
Is Pakistan Refinery's Equity-to-Asset too high?
Pakistan Refinery's current Equity-to-Asset of 0.25 is 108% above median its 10-year median of 0.12. The Oil & Gas industry median Equity-to-Asset is 0.49. Pakistan Refinery's value of 0.25 is 49% below this industry median. Based on the distribution chart, Pakistan Refinery ranks #803 out of 1032 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Pakistan Refinery has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Refinery's Equity-to-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Pakistan Refinery ranks #803 out of 1032 companies for Equity-to-Asset. This places Pakistan Refinery in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Pakistan Refinery's value of 0.25 is 49% below this benchmark. While the company's 10-year median is 0.12 vs. the industry median of 0.49, 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan Refinery's current Equity-to-Asset of 0.25 is 49% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Pakistan Refinery and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Refinery's current Equity-to-Asset is 0.25, which is 108% above median its own 10-year median of 0.12. 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 ₨33.09, compared to a current price of ₨83.37 — trading 151.9% above its estimated fair value. The current Equity-to-Asset is 0.25, which is 108% above median its 10-year median of 0.12 and 49% below the Oil & Gas industry median of 0.49. Pakistan Refinery's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Pakistan Refinery (KAR:PRL), the current Equity-to-Asset is 0.25 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 Refinery (KAR:PRL) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Refinery stock appears to be overvalued. The current stock price of ₨83.37 is trading 151.9% above its estimated GF Value™ of ₨33.09. GuruFocus considers Pakistan Refinery to be Significantly Overvalued.

Key valuation signals for KAR:PRL:

  • Equity-to-Asset: 0.25 (108% above median its 10-year median of 0.12)
  • GF Value™: ₨33.09 vs. price of ₨83.37 (151.9% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 49% below the Oil & Gas median (#803 of 1032)

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.
66GF Score

Get the complete analysis for KAR:PRL

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

₨83.37
Price
₨33.09
GF Value