Nepal Bank (XNEP:NBL) PS Ratio: 3.23 (As of Aug. 12, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

XNEP:NBL Nepal Bank Ltd XNEP:NBL
81 GF Score
Price NPR267.00
GF Value NPR291.92
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nepal Bank PS Ratio?

Nepal Bank XNEP:NBL +0.41% 81 PS Ratio is 3.23 as of Aug. 12, 2026, which is 14% below its 10-year median of 3.74. GuruFocus rates XNEP:NBL with a GF Score™ of 81/100 and a GF Value™ of NPR291.92 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,514 Banks companies, Nepal Bank ranks worse than 53.5% 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, Nepal Bank's share price is NPR267.00. Nepal Bank's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was NPR82.72. Hence, Nepal Bank's PS Ratio for today is 3.23.

The historical rank and industry rank for Nepal Bank's PS Ratio or its related term are showing as below:

XNEP:NBL' s PS Ratio Range Over the Past 10 Years
Min: 2.1   Med: 3.74   Max: 8.63
Current: 3.22

During the past 13 years, Nepal Bank's highest PS Ratio was 8.63. The lowest was 2.10. And the median was 3.74.

XNEP:NBL's PS Ratio is ranked worse than
53.5% of 1514 companies
in the Banks industry
Industry Median: 3.06 vs XNEP:NBL: 3.22

Nepal Bank's Revenue per Sharefor the three months ended in Apr. 2026 was NPR23.34. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was NPR82.72.

Good Sign:

Nepal Bank Ltd has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Nepal Bank was 11.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 4.30% per year.

During the past 13 years, Nepal Bank's highest 3-Year average Revenue per Share Growth Rate was 14.10% per year. The lowest was -53.20% per year. And the median was 0.50% per year.

Back to Basics: PS Ratio


Nepal Bank  (XNEP:NBL) 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.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

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.


Nepal Bank PS Ratio Related Terms


Nepal Bank PS Ratio Historical Data

* Premium members only.

The historical data trend for Nepal Bank'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.

Nepal Bank PS Ratio Chart

Nepal Bank Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 5.38 3.67 4.15 3.60

Nepal Bank Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
PS Ratio 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 3.33 3.60 3.00 3.04 3.24

Nepal Bank PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Nepal Bank'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.


Nepal Bank PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Nepal Bank's PS Ratio distribution charts can be found below:

* The bar in red indicates where Nepal Bank's PS Ratio falls into.


XNEP:NBL
81GF Score
Nepal Bank Ltd XNEP:NBL
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nepal Bank PS Ratio Calculation

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.

Nepal Bank's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=267.00/82.716
=3.23

Nepal Bank's Share Price of today is NPR267.00.
Nepal Bank's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR82.72.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 3.23 mean?
Nepal Bank (XNEP:NBL) has a PS Ratio of 3.23 as of Aug. 12, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Nepal Bank and its competitors. This is 14% below median its historical median of 3.74. Over the past decade, Nepal Bank's PS Ratio has ranged from 2.10 to 8.63. According to the industry distribution chart, Nepal Bank ranks #810 out of 1514 companies in the Banks industry, placing it in the top 53.5%.
Is Nepal Bank's PS Ratio too high?
Nepal Bank's current PS Ratio of 3.23 is 14% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 8.63. The Banks industry median PS Ratio is 3.06. Nepal Bank's value of 3.23 is 5.6% above this industry median. Based on the distribution chart, Nepal Bank ranks #810 out of 1514 companies in the Banks industry, which is below the industry midpoint. Overall, Nepal Bank has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nepal Bank's PS Ratio compare to competitors?
According to the Banks industry distribution chart, Nepal Bank ranks #810 out of 1514 companies for PS Ratio. This places Nepal Bank in the lower half of its industry. The industry median PS Ratio is 3.06. Nepal Bank's value of 3.23 is 5.6% above this benchmark. Historically, Nepal Bank's own PS Ratio has ranged from 2.10 to 8.63 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 3.06, Nepal Bank 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 1,514 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. Nepal Bank's current PS Ratio of 3.23 is 5.6% 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 Nepal Bank 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. Nepal Bank's current PS Ratio is 3.23, which is 14% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nepal Bank stock overvalued right now?
Based on GuruFocus' analysis, Nepal Bank (XNEP:NBL) is currently considered Fairly Valued. The stock's GF Value™ is NPR291.92, compared to a current price of NPR267.00 — trading 8.5% below its estimated fair value. The current PS Ratio is 3.23, which is 14% below median its 10-year median of 3.74 and 5.6% above the Banks industry median of 3.06. Nepal Bank's overall GF Score™ is 81/100 with 2 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 Nepal Bank (XNEP:NBL), the current PS Ratio is 3.23 as of Aug. 12, 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 Nepal Bank (XNEP:NBL) Overvalued in 2026?

Based on GuruFocus' analysis, Nepal Bank stock appears to be undervalued. The current stock price of NPR267.00 is trading 8.5% below its estimated GF Value™ of NPR291.92. GuruFocus considers Nepal Bank to be Fairly Valued.

Key valuation signals for XNEP:NBL:

  • PS Ratio: 3.23 (14% below median its 10-year median of 3.74)
  • GF Value™: NPR291.92 vs. price of NPR267.00 (8.5% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 5.6% above the Banks median (#810 of 1514)

No single metric tells the full story. See the XNEP:NBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nepal Bank Business Description

Address Dharmapath, Newroad, G.P.O, Box: 36, Kathmandu, NPL
Nepal Bank Ltd is engaged in providing banking products and services. It offers products and services such as deposits and accounts services, loans and advances to corporate and consumers, remittance services, and products. The bank operates in the segments of Banking, Treasury, Remittance, and Government. It derives maximum revenue from the Banking segment, which involves functions like collecting deposits and lending activities, among other similar activities. It provides banking through its branch offices in different geographical locations within the country.
81GF Score

Get the complete analysis for XNEP:NBL

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

NPR267.00
Price
NPR291.92
GF Value