Sri Lankan (CSE) Market Analysis & Valuation
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies260
- 7D2.7%
- 3M19.8%
- 1Y30.9%
- YTD16.4%
The Consumer Staples and Financials sectors drove a 2.7% in the market over the last week. As for the past 12 months, the market is up 31%. Looking forward, earnings are forecast to grow by 15% annually.
Trending IndustriesRenewable Energy
Market Valuation and Performance
Has the Sri Lankan Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | LK₨4.8t | LK₨6.4t | LK₨460.1b | 9.1x | 10.5x | 0.7x |
| Sat, 30 Mar 2024 | LK₨4.5t | LK₨6.4t | LK₨464.8b | 8.7x | 9.6x | 0.7x |
| Mon, 26 Feb 2024 | LK₨4.1t | LK₨6.4t | LK₨456.3b | 7.7x | 9x | 0.6x |
| Wed, 24 Jan 2024 | LK₨4.2t | LK₨6.5t | LK₨379.8b | 7.8x | 11x | 0.6x |
| Fri, 22 Dec 2023 | LK₨4.3t | LK₨6.5t | LK₨373.4b | 7.8x | 11.6x | 0.7x |
| Sun, 19 Nov 2023 | LK₨4.4t | LK₨6.6t | LK₨378.3b | 7.9x | 11.5x | 0.7x |
| Tue, 17 Oct 2023 | LK₨4.4t | LK₨6.8t | LK₨392.1b | 7.6x | 11.3x | 0.7x |
| Thu, 14 Sep 2023 | LK₨4.6t | LK₨6.8t | LK₨391.1b | 7.8x | 11.8x | 0.7x |
| Sat, 12 Aug 2023 | LK₨4.7t | LK₨6.7t | LK₨468.1b | 7.4x | 10x | 0.7x |
| Mon, 10 Jul 2023 | LK₨4.3t | LK₨6.9t | LK₨518.4b | 6.7x | 8.4x | 0.6x |
| Wed, 07 Jun 2023 | LK₨3.7t | LK₨7.0t | LK₨517.4b | 6x | 7.2x | 0.5x |
| Fri, 05 May 2023 | LK₨3.8t | LK₨6.7t | LK₨646.2b | 5.6x | 5.8x | 0.6x |
| Sun, 02 Apr 2023 | LK₨3.9t | LK₨6.8t | LK₨675.5b | 6.1x | 5.8x | 0.6x |
| Tue, 28 Feb 2023 | LK₨3.9t | LK₨6.8t | LK₨672.9b | 5.5x | 5.8x | 0.6x |
| Thu, 26 Jan 2023 | LK₨3.9t | LK₨6.6t | LK₨760.2b | 5.4x | 5.1x | 0.6x |
| Sat, 24 Dec 2022 | LK₨3.8t | LK₨6.5t | LK₨752.1b | 5.2x | 5x | 0.6x |
| Mon, 21 Nov 2022 | LK₨3.4t | LK₨6.5t | LK₨751.9b | 5.1x | 4.5x | 0.5x |
| Wed, 19 Oct 2022 | LK₨3.9t | LK₨6.0t | LK₨716.1b | 6.8x | 5.4x | 0.6x |
| Fri, 16 Sep 2022 | LK₨4.4t | LK₨6.0t | LK₨716.2b | 7x | 6.1x | 0.7x |
| Sun, 14 Aug 2022 | LK₨3.9t | LK₨5.7t | LK₨657.7b | 6.6x | 5.9x | 0.7x |
| Tue, 12 Jul 2022 | LK₨3.1t | LK₨5.3t | LK₨618.2b | 6x | 5.1x | 0.6x |
| Thu, 09 Jun 2022 | LK₨3.4t | LK₨5.3t | LK₨621.8b | 6.6x | 5.5x | 0.6x |
| Sat, 07 May 2022 | LK₨3.2t | LK₨4.9t | LK₨512.9b | 6.1x | 6.3x | 0.7x |
| Mon, 04 Apr 2022 | LK₨3.6t | LK₨4.7t | LK₨477.9b | 6.7x | 7.4x | 0.8x |
| Wed, 02 Mar 2022 | LK₨5.2t | LK₨4.7t | LK₨473.5b | 9.5x | 11x | 1.1x |
| Fri, 28 Jan 2022 | LK₨5.7t | LK₨4.2t | LK₨402.3b | 12.1x | 14.1x | 1.4x |
| Sun, 26 Dec 2021 | LK₨5.4t | LK₨4.2t | LK₨392.1b | 10.4x | 13.7x | 1.3x |
| Tue, 23 Nov 2021 | LK₨4.8t | LK₨4.1t | LK₨391.4b | 9.4x | 12.2x | 1.2x |
| Thu, 21 Oct 2021 | LK₨4.3t | LK₨3.9t | LK₨352.4b | 8.5x | 12.2x | 1.1x |
| Sat, 18 Sep 2021 | LK₨3.9t | LK₨3.9t | LK₨352.4b | 8.4x | 11.1x | 1x |
| Mon, 16 Aug 2021 | LK₨3.5t | LK₨3.9t | LK₨353.8b | 8.5x | 9.9x | 0.9x |
| Mon, 31 May 2021 | LK₨3.2t | LK₨3.5t | LK₨312.5b | 8.2x | 10.4x | 0.9x |
Price to Earnings Ratio
10.1x
Current Market PE
- Investors are optimistic on the Sri Lankan market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 10.5x which is higher than its 3-year average PE of 8.8x.
Past Earnings Growth
- The earnings for Sri Lankan listed companies have grown 14% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Sri Lankan Market?
| LK Market | 2.71% | |
| Energy | 4.63% | |
| Consumer Staples | 3.58% | |
| Materials | 3.18% | |
| Industrials | 3.10% | |
| Financials | 2.92% | |
| Tech | 2.16% | |
| Utilities | 1.69% | |
| Consumer Discretionary | 1.01% | |
| Telecom | -0.21% | |
| Healthcare | -1.38% | |
| Real Estate | -1.84% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 14.7x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 9.3% which is higher than its past year's earnings decline of 32.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 66% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Industrials sector is expected to see its earnings grow by 9.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| LION.N0000 Lion Brewery (Ceylon) | LK₨1.20k | 9.1% +LK₨8.0b | 70.2% | PE12.7x | Consumer Staples | |
| COMB.N0000 Commercial Bank of Ceylon | LK₨115.00 | 4.5% +LK₨6.7b | 115.4% | PB0.7x | Financials | |
| BIL.N0000 Browns Investments | LK₨6.60 | 6.5% +LK₨5.7b | 20.0% | PE6.1x | Consumer Staples | |
| CCS.N0000 Ceylon Cold Stores | LK₨62.00 | 10.5% +LK₨5.6b | 59.0% | PE18x | Consumer Staples | |
| VONE.N0000 Vallibel One | LK₨58.60 | 8.5% +LK₨5.2b | 72.4% | PE7x | Industrials |
