Tenaga Nasional BhdTNABY 78 PS Ratio is 1.20 as of Jul. 11, 2026, which is 12% below its 10-year median of 1.36. GuruFocus rates TNABY with a GF Score™ of 78/100 and a GF Value™ of $14.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 499 Utilities - Regulated companies, Tenaga Nasional Bhd ranks better than 55.51% on this metric.
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, Tenaga Nasional Bhd's share price is $13.77.
Tenaga Nasional Bhd's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $11.47. Hence, Tenaga Nasional Bhd's PS Ratio for today is 1.20.
Good Sign:
Tenaga Nasional Bhd stock PS Ratio (=1.21) is close to 2-year low of 1.14.
The historical rank and industry rank for Tenaga Nasional Bhd's PS Ratio or its related term are showing as below:
TNABY'
s PS Ratio Range Over the Past 10 Years
Min: 0.93 Med: 1.36 Max: 1.93
Current: 1.21
During the past 13 years, Tenaga Nasional Bhd's highest PS Ratio was 1.93. The lowest was 0.93. And the median was 1.36.
TNABY's PS Ratio is ranked better than 55.51% of 499
companies
in the Utilities - Regulated industry
Industry Median: 1.43
vs TNABY: 1.21
Tenaga Nasional Bhd has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Tenaga Nasional Bhd was 16.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 9.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 7.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.90% per year.
During the past 13 years, Tenaga Nasional Bhd's highest 3-Year average Revenue per Share Growth Rate was 11.80% per year. The lowest was -2.70% per year. And the median was 5.60% per year.
Back to Basics: PS Ratio
Tenaga Nasional Bhd (OTCPK:TNABY) 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.
Tenaga Nasional Bhd PS Ratio Related Terms
Tenaga Nasional Bhd PS Ratio Historical Data
* Premium members only.
The historical data trend for Tenaga Nasional Bhd's PS Ratio 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 Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd'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.
Tenaga Nasional Bhd PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's PS Ratio distribution charts can be found below:
* The bar in red indicates where Tenaga Nasional Bhd'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.
Tenaga Nasional Bhd's Share Price of today is $13.77. Tenaga Nasional Bhd'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 $11.47.
* 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:
Tenaga Nasional Bhd (TNABY) has a PS Ratio of 1.20 as of Jul. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Tenaga Nasional Bhd and its competitors. This is 12% below median its historical median of 1.36. Over the past decade, Tenaga Nasional Bhd's PS Ratio has ranged from 0.93 to 1.93. According to the industry distribution chart, Tenaga Nasional Bhd ranks #222 out of 499 companies in the Utilities - Regulated industry, placing it in the top 44.5%.
Is Tenaga Nasional Bhd's PS Ratio too high?
Tenaga Nasional Bhd's current PS Ratio of 1.20 is 12% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.93. The Utilities - Regulated industry median PS Ratio is 1.43. Tenaga Nasional Bhd's value of 1.20 is 16.1% below this industry median. Based on the distribution chart, Tenaga Nasional Bhd ranks #222 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Tenaga Nasional Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tenaga Nasional Bhd's PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Tenaga Nasional Bhd ranks #222 out of 499 companies for PS Ratio. This puts Tenaga Nasional Bhd in the upper half of its industry. The industry median PS Ratio is 1.43. Tenaga Nasional Bhd's value of 1.20 is 16.1% below this benchmark. Historically, Tenaga Nasional Bhd's own PS Ratio has ranged from 0.93 to 1.93 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.43, Tenaga Nasional Bhd 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 PS Ratio for an Utilities - Regulated company?
The median PS Ratio among Utilities - Regulated companies is 1.43, based on 499 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. Tenaga Nasional Bhd's current PS Ratio of 1.20 is 16.1% 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 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 Tenaga Nasional Bhd and its competitors. For the Utilities - Regulated industry, the median PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaga Nasional Bhd's current PS Ratio is 1.20, which is 12% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaga Nasional Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tenaga Nasional Bhd (TNABY) is currently considered Fairly Valued. The stock's GF Value™ is $14.36, compared to a current price of $13.77 — trading 4.1% below its estimated fair value. The current PS Ratio is 1.20, which is 12% below median its 10-year median of 1.36 and 16.1% below the Utilities - Regulated industry median of 1.43. Tenaga Nasional Bhd'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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Tenaga Nasional Bhd (TNABY), the current PS Ratio is 1.20 as of Jul. 11, 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 Tenaga Nasional Bhd (TNABY) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaga Nasional Bhd stock appears to be undervalued.
The current stock price of $13.77 is trading 4.1% below its estimated GF Value™ of $14.36.
GuruFocus considers Tenaga Nasional Bhd to be Fairly Valued.
Key valuation signals for TNABY:
PS Ratio: 1.20 (12% below median its 10-year median of 1.36)
GF Value™: $14.36 vs. price of $13.77 (4.1% below fair value)
Industry Position: 16.1% below the Utilities - Regulated median (#222 of 499)
No single metric tells the full story. See the TNABY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaga Nasional Bhd is an electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and retail of electricity. TNB segments includes Power Generation, Grid, Distribution Network, and Retail. The company encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers. The company generates maximum revenue through the sale of electricity in Malaysia. Its customers are mainly commercial operations, residential consumers, and large industrial entities.
78GF Score
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