Botswanan (BSE) Market Analysis & Valuation

Market Valuation and Performance

Has the Botswanan Market valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 24 Apr 2026	P67.6b	P53.2b	P5.7b	10.6x	11.8x	1.3x
Sun, 22 Mar 2026	P67.5b	P52.9b	P5.2b	10.2x	13.1x	1.3x
Tue, 17 Feb 2026	P67.4b	P53.0b	P5.2b	10.2x	13.1x	1.3x
Thu, 15 Jan 2026	P67.4b	P52.5b	P5.2b	10.2x	13x	1.3x
Sat, 13 Dec 2025	P66.1b	P52.4b	P5.2b	10.2x	12.8x	1.3x
Mon, 10 Nov 2025	P64.8b	P52.1b	P5.0b	10.2x	13x	1.2x
Wed, 08 Oct 2025	P64.8b	P51.2b	P4.9b	10.6x	13.1x	1.3x
Fri, 05 Sep 2025	P64.0b	P51.6b	P5.1b	10.9x	12.6x	1.2x
Sun, 03 Aug 2025	P63.3b	P51.3b	P5.0b	10.9x	12.8x	1.2x
Tue, 01 Jul 2025	P62.7b	P51.2b	P4.9b	11.2x	12.7x	1.2x
Thu, 29 May 2025	P61.6b	P51.2b	P5.0b	10.8x	12.4x	1.2x
Sat, 26 Apr 2025	P61.2b	P51.0b	P5.0b	10.5x	12.2x	1.2x
Mon, 24 Mar 2025	P60.3b	P51.1b	P5.2b	10.8x	11.5x	1.2x
Wed, 19 Feb 2025	P60.2b	P49.8b	P5.0b	10.5x	12.1x	1.2x
Fri, 17 Jan 2025	P60.2b	P49.1b	P5.0b	10.5x	12.1x	1.2x
Sun, 15 Dec 2024	P60.0b	P49.2b	P5.0b	10.5x	12x	1.2x
Tue, 12 Nov 2024	P59.0b	P48.9b	P4.9b	10x	11.9x	1.2x
Thu, 10 Oct 2024	P57.1b	P48.9b	P4.9b	9.7x	11.5x	1.2x
Sat, 07 Sep 2024	P55.3b	P46.9b	P4.8b	9x	11.6x	1.2x
Mon, 05 Aug 2024	P54.9b	P46.8b	P5.3b	8.2x	10.3x	1.2x
Wed, 03 Jul 2024	P53.8b	P46.1b	P5.3b	7.5x	10.1x	1.2x
Fri, 31 May 2024	P52.6b	P46.2b	P5.4b	7.5x	9.8x	1.1x
Sun, 28 Apr 2024	P52.5b	P46.0b	P5.3b	8.9x	9.9x	1.1x
Tue, 26 Mar 2024	P52.1b	P46.2b	P5.7b	8.4x	9.1x	1.1x
Thu, 22 Feb 2024	P50.9b	P39.0b	P5.6b	8.7x	9.2x	1.3x
Sat, 20 Jan 2024	P50.4b	P38.7b	P5.4b	9x	9.4x	1.3x
Mon, 18 Dec 2023	P50.4b	P38.8b	P5.4b	9.2x	9.3x	1.3x
Wed, 15 Nov 2023	P49.6b	P38.7b	P5.3b	9.2x	9.4x	1.3x
Fri, 13 Oct 2023	P49.2b	P38.4b	P5.3b	9.2x	9.3x	1.3x
Sun, 10 Sep 2023	P48.2b	P37.7b	P5.2b	9.5x	9.2x	1.3x
Tue, 08 Aug 2023	P46.3b	P36.6b	P4.9b	9.5x	9.5x	1.3x
Thu, 06 Jul 2023	P44.7b	P36.6b	P4.9b	9.1x	9.1x	1.2x
Sat, 03 Jun 2023	P43.6b	P35.1b	P4.9b	9.1x	9x	1.2x
Mon, 01 May 2023	P43.4b	P35.1b	P4.9b	9.3x	8.9x	1.2x

Current Market PE

Investors are relatively neutral on the Batswana market at the moment, indicating that they expect earnings will grow in line with historical growth rates.

The market is trading close to its 3-year average PE ratio of 11.1x.

Past Earnings Growth

The earnings for Batswana listed companies have grown 5.6% per year over the last three years.
Revenues for these companies have grown 15% 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 Botswanan Market?


BW Market	0.07%
Financials	0.11%
Real Estate	0.074%
Consumer Discretionary	0.052%
Energy	0%	0
Industrials	0%	0
Consumer Staples	0%	0
Telecom	0%	0

Sector PE

Investors favour the Energy sector the most for future growth which is trading above its 3-year average PE ratio.

It looks like investors are confident that earnings will grow faster in the future than they have historically.

Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Company	Last Price	7D	1Y	Valuation	Sector
FNBB-EQO First National Bank of Botswana	P5.67	0.2% +P25.4m	10.1%	PB2.9x	Financials
ABBL-EQO Absa Bank Botswana	P7.65	0.1% +P8.5m	7.6%	PB1.8x	Financials
NAP-EQU New African Properties	P4.06	0.2% +P6.0m	1.2%	PE12x	Real Estate
CHOB-EQO Chobe Holdings	P18.55	0.3% +P4.5m	5.9%	PE9.9x	Consumer Discretionary
BIHL-EQO Botswana Insurance Holdings	P23.51	0.04% +P2.8m	4.2%	PE20x	Financials

Company

Last Price

Valuation

Sector

FNBB-EQO First National Bank of Botswana

P5.67

0.2%
+P25.4m

10.1%

PB2.9x

Financials

ABBL-EQO Absa Bank Botswana

P7.65