Obermatt

Pakistan Petroleum

PSX:PPL · PK0081801018
Oil, Gas & Consumable FuelsLarge

360

58
Profit price41
Owner Earnings Yield93
Dividend Yield73
Price/Sales10
EV / Gross Profit72
Price/Book56
Return on Capital71
Cash Return on Capital74
Return on Equity59
EBIT Margin85
Gross Profitability27
Cash Conversion6
Accruals13
Owner Earnings Margin80
Sales growth8
Profit Growth61
Long-Term EPS Growth37
Owner Earnings Growth49
Reinvestment62
Price momentum77
Debt load97
Refinancing96
Debt Payback100
Liquidity3
Analyst ratings82
Opinion Changes50
Price Target Upside94
Market mood88
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Pakistan Petroleum clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryPakistan
IndustryOil, Gas & Consumable Fuels
SizeLarge
TypePublic Company
ExchangeKASE
Founded1950
Employees1,543
Websiteppl.com.pk
ISINPK0081801018
Last UpdateApr 2, 2026
Index & Theme
Power GridMining TechnologyFuelOil and GasSales

Description

Pakistan Petroleum Limited (PPL) engages in the exploration, development, and production of oil and gas resources. The company’s operations encompass a range of activities, including the exploration of new oil and gas fields, the development of exist…

Analysis

Middle-of-the-road

Pakistan Petroleum Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 10.1×; owner earnings: the cash an owner could take out each year.

Growth is tepid; the safety picture is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
98
2023202420252026

All-time high

98

Mar 2026

All-time low

41

Jan 2023

Average rank

76

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
10
14
31
33
Price/Earnings
55
71
91
91
Price/Book
56
70
81
95
Dividend Yield
73
65
86
58
Value (overall)
48
43
74
66

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →