Pakistan RefineryKAR:PRL +0.58%81 Return-on-Tangible-Equity is 118.09% as of Mar. 2026, which is 730% above its 10-year median of 14.23. GuruFocus rates KAR:PRL with a GF Score™ of 81/100 and a GF Value™ of ₨32.36 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 947 Oil & Gas companies, Pakistan Refinery ranks better than 91.76% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Pakistan Refinery's annualized net income for the quarter that ended in Mar. 2026 was ₨39,770 Mil. Pakistan Refinery's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨33,676 Mil. Therefore, Pakistan Refinery's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 118.09%.
The historical rank and industry rank for Pakistan Refinery's Return-on-Tangible-Equity or its related term are showing as below:
KAR:PRL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -455.31 Med: 14.23 Max: 100.12
Current: 41.37
During the past 13 years, Pakistan Refinery's highest Return-on-Tangible-Equity was 100.12%. The lowest was -455.31%. And the median was 14.23%.
KAR:PRL's Return-on-Tangible-Equity is ranked better than 91.76% of 947
companies
in the Oil & Gas industry
Industry Median: 6.74
vs KAR:PRL: 41.37
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Pakistan Refinery Return-on-Tangible-Equity Related Terms
Pakistan Refinery Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pakistan Refinery's Return-on-Tangible-Equity 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:PRL vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Pakistan Refinery's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Pakistan Refinery Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pakistan Refinery's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pakistan Refinery's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 118.09% mean?
Pakistan Refinery (KAR:PRL) has a Return-on-Tangible-Equity of 118.09% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Pakistan Refinery and its competitors. This is 730% above median its historical median of 14.23. According to the industry distribution chart, Pakistan Refinery ranks #78 out of 947 companies in the Oil & Gas industry, placing it in the top 8.2%.
Is Pakistan Refinery's Return-on-Tangible-Equity too high?
Pakistan Refinery's current Return-on-Tangible-Equity of 118.09% is 730% above median its 10-year median of 14.23. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. Pakistan Refinery's value of 118.09% is 1652.1% above this industry median. Based on the distribution chart, Pakistan Refinery ranks #78 out of 947 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Pakistan Refinery has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Refinery's Return-on-Tangible-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Pakistan Refinery ranks #78 out of 947 companies for Return-on-Tangible-Equity. This places Pakistan Refinery in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.74. Pakistan Refinery's value of 118.09% is 1652.1% above this benchmark. While the company's 10-year median is 14.23 vs. the industry median of 6.74, Pakistan Refinery 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 Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 947 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan Refinery's current Return-on-Tangible-Equity of 118.09% is 1652.1% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Pakistan Refinery and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Refinery's current Return-on-Tangible-Equity is 118.09%, which is 730% above median its own 10-year median of 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Refinery stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Refinery (KAR:PRL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨32.36, compared to a current price of ₨36.29 — trading 12.1% above its estimated fair value. The current Return-on-Tangible-Equity is 118.09%, which is 730% above median its 10-year median of 14.23 and 1652.1% above the Oil & Gas industry median of 6.74. Pakistan Refinery's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Pakistan Refinery (KAR:PRL), the current Return-on-Tangible-Equity is 118.09% as of Mar. 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 Pakistan Refinery (KAR:PRL) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan Refinery stock appears to be overvalued.
The current stock price of ₨36.29 is trading 12.1% above its estimated GF Value™ of ₨32.36.
GuruFocus considers Pakistan Refinery to be Modestly Overvalued.
Key valuation signals for KAR:PRL:
Return-on-Tangible-Equity: 118.09% (730% above median its 10-year median of 14.23)
GF Value™: ₨32.36 vs. price of ₨36.29 (12.1% above fair value)
Industry Position: 1652.1% above the Oil & Gas median (#78 of 947)
No single metric tells the full story. See the KAR:PRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan Refinery Ltd is a manufacturer and supplier of petroleum products to the domestic market and Pakistan defence forces. Its products include liquefied petroleum gas, motor gasoline, kerosene oil, jet fuels, high-speed diesel and furnace oil. Its refinery operates at two locations; the main processing facility is located at Korangi Creek with supporting crude berthing and storage facility at Keamari.
81GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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