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.
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.
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, NLB Banka a.d. Skopje's share price is MKD53500.00.
NLB Banka a.d. Skopje's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was MKD7,776.52. Hence, NLB Banka a.d. Skopje's PS Ratio for today is 6.88.
Good Sign:
NLB Banka a.d. Skopje stock PS Ratio (=6.52) is close to 2-year low of 5.94.
The historical rank and industry rank for NLB Banka a.d. Skopje's PS Ratio or its related term are showing as below:
XMAE:TNB'
s PS Ratio Range Over the Past 10 Years
Min: 1.68 Med: 5.29 Max: 29.18
Current: 6.88
During the past 13 years, NLB Banka a.d. Skopje's highest PS Ratio was 29.18. The lowest was 1.68. And the median was 5.29.
XMAE:TNB's PS Ratio is ranked worse than 93.53% of 1515
companies
in the Banks industry
Industry Median: 3.06
vs XMAE:TNB: 6.88
NLB Banka a.d. Skopje has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of NLB Banka a.d. Skopje was 6.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 13.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 12.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 13 years, NLB Banka a.d. Skopje's highest 3-Year average Revenue per Share Growth Rate was 14.00% per year. The lowest was -0.80% per year. And the median was 5.50% per year.
NLB Banka a.d. Skopje (XMAE:TNB) 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, NLB Banka a.d. Skopje'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.
NLB Banka a.d. Skopje PS Ratio vs Banks Industry
For the Banks industry and Financial Services sector, NLB Banka a.d. Skopje's PS Ratio distribution charts can be found below:
* The bar in red indicates where NLB Banka a.d. Skopje'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.
NLB Banka a.d. Skopje's Share Price of today is MKD53500.00. NLB Banka a.d. Skopje's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD7,776.52.
* 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:
NLB Banka a.d. Skopje (XMAE:TNB) has a PS Ratio of 6.88 as of Aug. 03, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NLB Banka a.d. Skopje and its competitors. This is 30% above median its historical median of 5.29. Over the past decade, NLB Banka a.d. Skopje's PS Ratio has ranged from 1.68 to 29.18. According to the industry distribution chart, NLB Banka a.d. Skopje ranks #1417 out of 1515 companies in the Banks industry, placing it in the top 93.5%.
Is NLB Banka a.d. Skopje's PS Ratio too high?
NLB Banka a.d. Skopje's current PS Ratio of 6.88 is 30% above median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 29.18. The Banks industry median PS Ratio is 3.06. NLB Banka a.d. Skopje's value of 6.88 is 124.8% above this industry median. Based on the distribution chart, NLB Banka a.d. Skopje ranks #1417 out of 1515 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, NLB Banka a.d. Skopje has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NLB Banka a.d. Skopje's PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, NLB Banka a.d. Skopje ranks #1417 out of 1515 companies for PS Ratio. This places NLB Banka a.d. Skopje in the lower half of its industry. The industry median PS Ratio is 3.06. NLB Banka a.d. Skopje's value of 6.88 is 124.8% above this benchmark. Historically, NLB Banka a.d. Skopje's own PS Ratio has ranged from 1.68 to 29.18 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 3.06, NLB Banka a.d. Skopje 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 3.06, based on 1,515 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. NLB Banka a.d. Skopje's current PS Ratio of 6.88 is 124.8% 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 NLB Banka a.d. Skopje and its competitors. For the Banks industry, the median PS Ratio is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NLB Banka a.d. Skopje's current PS Ratio is 6.88, which is 30% above median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NLB Banka a.d. Skopje stock overvalued right now?
Based on GuruFocus' analysis, NLB Banka a.d. Skopje (XMAE:TNB) is currently considered Fairly Valued. The stock's GF Value™ is MKD54,502.84, compared to a current price of MKD53,500.00 — trading 1.8% below its estimated fair value. The current PS Ratio is 6.88, which is 30% above median its 10-year median of 5.29 and 124.8% above the Banks industry median of 3.06. NLB Banka a.d. Skopje's overall GF Score™ is 79/100 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 NLB Banka a.d. Skopje (XMAE:TNB), the current PS Ratio is 6.88 as of Aug. 03, 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 NLB Banka a.d. Skopje (XMAE:TNB) Overvalued in 2026?
Based on GuruFocus' analysis, NLB Banka a.d. Skopje stock appears to be undervalued.
The current stock price of MKD53,500.00 is trading 1.8% below its estimated GF Value™ of MKD54,502.84.
GuruFocus considers NLB Banka a.d. Skopje to be Fairly Valued.
Key valuation signals for XMAE:TNB:
PS Ratio: 6.88 (30% above median its 10-year median of 5.29)
GF Value™: MKD54,502.84 vs. price of MKD53,500.00 (1.8% below fair value)
Industry Position: 124.8% above the Banks median (#1417 of 1515)
No single metric tells the full story. See the XMAE:TNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NLB Banka a.d. Skopje is a bank in the Republic of Macedonia. It provides general banking services like accepting deposits, granting loans and advances, foreign exchange, asset management, retail banking services, brokerage services, custody services, and many others. The bank operates in the Republic of Macedonia, EU countries, Non-EU countries in Europe, and other countries.
79GF Score
Get the complete analysis for XMAE:TNB
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAE:TNB has been successfully added to your 
