National RefineryKAR:NRL 70 Median PS Value is ₨450.60 as of Jun. 28, 2026, which is 100% below its 10-year median of 0.61. GuruFocus rates KAR:NRL with a GF Score™ of 70/100 and a GF Value™ of ₨330.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 555 Oil & Gas companies, National Refinery ranks better than 69.01% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for National Refinery's Median PS Value or its related term are showing as below:
KAR:NRL'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.29 Med: 0.61 Max: 0.95
Current: 0.81
During the past 13 years, the highest Price to Median PS Value of National Refinery was 0.95. The lowest was 0.29. And the median was 0.61.
KAR:NRL's Price-to-Median-PS-Value is ranked better than 69.01% of 555
companies
in the Oil & Gas industry
Industry Median: 1.06
vs KAR:NRL: 0.81
National Refinery (KAR:NRL) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
National Refinery's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
365.16
/
450.60
=
0.81
* 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 Refinery Median PS Value Related Terms
National Refinery Median PS Value Historical Data
* Premium members only.
The historical data trend for National Refinery's Median PS Value 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.
KAR:NRL vs VLO, MPC, PSX: Median PS Value Comparison
For the Oil & Gas Refining & Marketing subindustry, National Refinery's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Refinery Price-to-Median-PS-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Refinery's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where National Refinery's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.0965.
National Refinery's Revenue per Share 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 ₨4669.413.
* 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 Refinery (KAR:NRL) has a Median PS Value of ₨450.60 as of Jun. 28, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on National Refinery and its competitors. This is 73769% above median its historical median of 0.61. Over the past decade, National Refinery's Median PS Value has ranged from 0.29 to 0.95. According to the industry distribution chart, National Refinery ranks #172 out of 555 companies in the Oil & Gas industry, placing it in the top 31%.
Is National Refinery's Median PS Value too high?
National Refinery's current Median PS Value of ₨450.60 is 73769% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.95. Based on the distribution chart, National Refinery ranks #172 out of 555 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, National Refinery has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Refinery's Median PS Value compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, National Refinery ranks #172 out of 555 companies for Median PS Value. This puts National Refinery in the upper half of its industry. The industry median Median PS Value is 1.06. Historically, National Refinery's own Median PS Value has ranged from 0.29 to 0.95 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Oil & Gas company?
The median Median PS Value among Oil & Gas companies is 1.06, based on 555 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on National Refinery and its competitors. For the Oil & Gas industry, the median Median PS Value is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Refinery's current Median PS Value is ₨450.60, which is 73769% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Refinery stock overvalued right now?
Based on GuruFocus' analysis, National Refinery (KAR:NRL) is currently considered Fairly Valued. The stock's GF Value™ is ₨330.68, compared to a current price of ₨365.16 — trading 10.4% above its estimated fair value. The current Median PS Value is ₨450.60, which is 73769% above median its 10-year median of 0.61. National Refinery's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For National Refinery (KAR:NRL), the current Median PS Value is ₨450.60 as of Jun. 28, 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 Refinery (KAR:NRL) Overvalued in 2026?
Based on GuruFocus' analysis, National Refinery stock appears to be overvalued.
The current stock price of ₨365.16 is trading 10.4% above its estimated GF Value™ of ₨330.68.
GuruFocus considers National Refinery to be Fairly Valued.
Key valuation signals for KAR:NRL:
Median PS Value: ₨450.60 (73769% above median its 10-year median of 0.61)
GF Value™: ₨330.68 vs. price of ₨365.16 (10.4% above fair value)
No single metric tells the full story. See the KAR:NRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Refinery Ltd is a Pakistan-based company engaged in manufacturing and supplying fuel products, lubes, BTX, asphalts and specialty products for domestic consumption and export. It is also involved in the crude oil refining business. The company operates through two segments namely Fuel and Lube. The Fuel segment, which is the key revenue driver, is engaged in the production of high-speed diesel, naphtha, motor gasoline, liquefied petroleum gas, jet fuels, and furnace oil. The Lube segment produces multiple grades of lube base oils, bitumen, waxes and rubber process oil and some quantities of other fuel products. It derives maximum revenue from Fuel Segment.
70GF Score
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