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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, National Bank Of Malawi's share price is MWK9649.99.
National Bank Of Malawi's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was MWK1,089.11. Hence, National Bank Of Malawi's PS Ratio for today is 8.86.
Good Sign:
National Bank Of Malawi PLC stock PS Ratio (=8.86) is close to 1-year low of 8.86.
The historical rank and industry rank for National Bank Of Malawi's PS Ratio or its related term are showing as below:
MSW:NBM'
s PS Ratio Range Over the Past 10 Years
Min: 2.35 Med: 6.64 Max: 275.1
Current: 8.86
During the past 11 years, National Bank Of Malawi's highest PS Ratio was 275.10. The lowest was 2.35. And the median was 6.64.
MSW:NBM's PS Ratio is ranked worse than 96.63% of 1514
companies
in the Banks industry
Industry Median: 3.03
vs MSW:NBM: 8.86
National Bank Of Malawi PLC has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of National Bank Of Malawi was 61.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 53.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 45.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 25.20% per year.
During the past 11 years, National Bank Of Malawi's highest 3-Year average Revenue per Share Growth Rate was 53.50% per year. The lowest was 5.10% per year. And the median was 24.70% per year.
Back to Basics: PS Ratio
National Bank Of Malawi (MSW:NBM) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
* 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 Banks - Regional subindustry, National Bank Of Malawi's PS Ratio, along with its competitors' market caps and PS Ratio 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 Malawi PS Ratio vs Banks Industry
For the Banks industry and Financial Services sector, National Bank Of Malawi's PS Ratio distribution charts can be found below:
* The bar in red indicates where National Bank Of Malawi's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
National Bank Of Malawi's Share Price of today is MWK9649.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. National Bank Of Malawi's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was MWK1,089.11.
* 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.
It can also be calculated from the numbers for the whole company:
National Bank Of Malawi (MSW:NBM) has a PS Ratio of 8.86 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on National Bank Of Malawi and its competitors. This is 33% above median its historical median of 6.64. Over the past decade, National Bank Of Malawi's PS Ratio has ranged from 2.35 to 275.10. According to the industry distribution chart, National Bank Of Malawi ranks #1463 out of 1514 companies in the Banks industry, placing it in the top 96.6%.
Is National Bank Of Malawi's PS Ratio too high?
National Bank Of Malawi's current PS Ratio of 8.86 is 33% above median its 10-year median of 6.64. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 275.10. The Banks industry median PS Ratio is 3.03. National Bank Of Malawi's value of 8.86 is 192.4% above this industry median. Based on the distribution chart, National Bank Of Malawi ranks #1463 out of 1514 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, National Bank Of Malawi has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank Of Malawi's PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, National Bank Of Malawi ranks #1463 out of 1514 companies for PS Ratio. This places National Bank Of Malawi in the lower half of its industry. The industry median PS Ratio is 3.03. National Bank Of Malawi's value of 8.86 is 192.4% above this benchmark. Historically, National Bank Of Malawi's own PS Ratio has ranged from 2.35 to 275.10 over the past decade. While the company's 10-year median is 6.64 vs. the industry median of 3.03, National Bank Of Malawi has consistently been above 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 PS Ratio for a Banks company?
The median PS Ratio among Banks companies is 3.03, based on 1,514 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank Of Malawi's current PS Ratio of 8.86 is 192.4% above 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on National Bank Of Malawi and its competitors. For the Banks industry, the median PS Ratio is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank Of Malawi's current PS Ratio is 8.86, which is 33% above median its own 10-year median of 6.64. 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 Malawi stock overvalued right now?
Based on GuruFocus' analysis, National Bank Of Malawi (MSW:NBM) is currently considered Modestly Overvalued. The stock's GF Value™ is MWK7,767.69, compared to a current price of MWK9,649.99 — trading 24.2% above its estimated fair value. The current PS Ratio is 8.86, which is 33% above median its 10-year median of 6.64 and 192.4% above the Banks industry median of 3.03. National Bank Of Malawi's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For National Bank Of Malawi (MSW:NBM), the current PS Ratio is 8.86 as of Jul. 20, 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 Malawi (MSW:NBM) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank Of Malawi stock appears to be overvalued.
The current stock price of MWK9,649.99 is trading 24.2% above its estimated GF Value™ of MWK7,767.69.
GuruFocus considers National Bank Of Malawi to be Modestly Overvalued.
Key valuation signals for MSW:NBM:
PS Ratio: 8.86 (33% above median its 10-year median of 6.64)
GF Value™: MWK7,767.69 vs. price of MWK9,649.99 (24.2% above fair value)
Industry Position: 192.4% above the Banks median (#1463 of 1514)
No single metric tells the full story. See the MSW:NBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank Of Malawi PLC provides personal, corporate, and investment banking as well as stockbroking, insurance, and pension administration services in Malawi. Its business operations are divided into three segments including Retail and corporate banking that incorporates savings, deposits, investment savings products, consumer loans, current accounts, overdrafts, loans, and other credit facilities, trade finance, and corporate leasing; Treasury segment offers financial instruments trading, dealings in foreign currency, stock broking and derivative products; and Other operations comprising fund management, custodial services and providing training services. Revenue from Retail and corporate banking is one of the majority sources of income for the Bank.
100GF Score
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