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Kuwaiti (PR) Market Analysis & Valuation

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies137
  • 7D0.7%
  • 3M-5.2%
  • 1Y8.8%
  • YTD-2.9%

Over the last 7 days, the market has remained flat, although notably the Information Technology sector gained 5.4% in that time. More promisingly, the market is up 8.8% over the past year. As for the next few years, earnings are expected to grow by 9.3% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026د.ك50.3bد.ك16.4bد.ك3.0b14.6x16.5x3.1x
Sun, 08 Feb 2026د.ك50.7bد.ك16.4bد.ك3.1b15.2x16.6x3.1x
Tue, 06 Jan 2026د.ك51.7bد.ك16.6bد.ك3.1b16x16.7x3.1x
Thu, 04 Dec 2025د.ك51.5bد.ك16.5bد.ك3.1b16.6x16.7x3.1x
Sat, 01 Nov 2025د.ك52.7bد.ك16.5bد.ك3.2b18.9x16.6x3.2x
Mon, 29 Sep 2025د.ك51.0bد.ك16.3bد.ك3.2b17.6x16.2x3.1x
Wed, 27 Aug 2025د.ك50.0bد.ك16.3bد.ك3.2b16.7x15.8x3.1x
Fri, 25 Jul 2025د.ك50.1bد.ك16.3bد.ك2.8b16.9x18.1x3.1x
Sun, 22 Jun 2025د.ك46.6bد.ك16.3bد.ك2.7b14.8x17.1x2.9x
Tue, 20 May 2025د.ك47.3bد.ك16.3bد.ك2.7b14.8x17.3x2.9x
Thu, 17 Apr 2025د.ك45.9bد.ك16.2bد.ك2.7b15x16.9x2.8x
Sat, 15 Mar 2025د.ك45.8bد.ك16.1bد.ك2.7b15.6x17.1x2.8x
Mon, 10 Feb 2025د.ك45.9bد.ك15.9bد.ك2.6b14.4x17.8x2.9x
Wed, 08 Jan 2025د.ك43.8bد.ك15.9bد.ك2.5b14.2x17.2x2.8x
Fri, 06 Dec 2024د.ك42.7bد.ك16.1bد.ك2.5b15.1x17x2.7x
Sun, 03 Nov 2024د.ك41.9bد.ك16.0bد.ك2.5b14.7x16.7x2.6x
Tue, 01 Oct 2024د.ك41.8bد.ك15.9bد.ك2.5b14.6x16.9x2.6x
Thu, 29 Aug 2024د.ك42.0bد.ك15.9bد.ك2.5b14.1x17x2.6x
Sat, 27 Jul 2024د.ك41.8bد.ك15.6bد.ك2.5b13.9x17x2.7x
Mon, 24 Jun 2024د.ك40.9bد.ك15.5bد.ك2.4b13.6x16.7x2.6x
Wed, 22 May 2024د.ك41.4bد.ك15.4bد.ك2.4b13.3x16.9x2.7x
Fri, 19 Apr 2024د.ك40.6bد.ك15.1bد.ك2.5b13.8x16.5x2.7x
Sun, 17 Mar 2024د.ك43.4bد.ك15.0bد.ك2.6b15.1x16.9x2.9x
Tue, 13 Feb 2024د.ك43.0bد.ك14.9bد.ك2.6b14.8x16.5x2.9x
Thu, 11 Jan 2024د.ك42.1bد.ك15.3bد.ك2.6b13.9x15.9x2.7x
Sat, 09 Dec 2023د.ك39.3bد.ك15.3bد.ك2.6b13.5x15.1x2.6x
Mon, 06 Nov 2023د.ك39.0bد.ك14.9bد.ك2.5b13.3x15.6x2.6x
Wed, 04 Oct 2023د.ك40.4bد.ك14.9bد.ك2.4b14.1x16.9x2.7x
Fri, 01 Sep 2023د.ك41.3bد.ك14.8bد.ك2.4b14x17.2x2.8x
Sun, 30 Jul 2023د.ك42.7bد.ك14.4bد.ك2.3b15x18.5x3x
Tue, 27 Jun 2023د.ك41.3bد.ك14.5bد.ك2.2b14.6x18.9x2.8x
Thu, 25 May 2023د.ك39.6bد.ك14.5bد.ك2.2b14x18.1x2.7x
Sat, 22 Apr 2023د.ك42.2bد.ك14.0bد.ك2.2b14.1x19.6x3x
Mon, 20 Mar 2023د.ك41.6bد.ك13.6bد.ك2.0b13.5x21.2x3.1x
Price to Earnings Ratio

21.2x


Total Market Cap: د.ك41.6bTotal Earnings: د.ك2.0bTotal Revenue: د.ك13.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Kuwaiti Market Price to Earnings3Y Average 17.2x202420252026
Current Market PE
  • Investors are relatively neutral on the Kuwaiti 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 17.2x.
Past Earnings Growth
  • The earnings for Kuwaiti listed companies have grown 16% per year over the last three years.
  • Revenues for these companies have grown 6.4% 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 Kuwaiti Market?

KW Market0.69%
Tech5.41%
Utilities2.82%
Telecom2.00%
Consumer Staples1.28%
Financials0.74%
Materials0.47%
Real Estate0.25%
Consumer Discretionary0.17%
Energy0.07%
Healthcare0%0
Industrials-0.93%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 37.8x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 39% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 6.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
KFH Kuwait Finance House K.S.C.Pد.ك0.811.6%
+د.ك223.7m		11.6%PB2.2xFinancials
OOREDOO National Mobile Telecommunications Company K.S.C.Pد.ك1.785.9%
+د.ك49.6m		58.1%PE11.5xTelecom
BOUBYAN Boubyan Bank K.S.C.Pد.ك0.691.2%
+د.ك35.3m		11.4%PB2.7xFinancials
ZAIN Mobile Telecommunications Company K.S.C.Pد.ك0.561.4%
+د.ك34.6m		20.5%PE10.2xTelecom
BURG Burgan Bank K.P.S.Cد.ك0.212.9%
+د.ك22.4m		-4.5%PB0.8xFinancials
See more

Market Insights

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Stella Ong
From Europe to Asia, global markets surged in 2025 while U.S. earnings growth became more concentrated. Early signs suggest this might continue.
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What the next 25 years will look like 🔮

Latest News

ZAIN
د.ك0.56
Mobile Telecommunications Company K.S.C.P
7D
1.4%
1Y
20.5%
KFH
د.ك0.81
Kuwait Finance House K.S.C.P
7D
1.6%
1Y
11.6%
JAZEERA
د.ك1.65
Jazeera Airways K.S.C.P
7D
-7.7%
1Y
73.5%
NBK
د.ك0.94
National Bank of KuwaitK.P
7D
-0.8%
1Y
-3.5%
MABANEE
د.ك0.96
Mabanee Company K.P.S.C
7D
-0.5%
1Y
28.4%
KINS
د.ك0.68
Kuwait Insurance CompanyK.P
7D
12.4%
1Y
20.6%
BOURSA
د.ك2.83
Boursa Kuwait Securities Company K.P.S.C
7D
-2.4%
1Y
4.0%
BOUBYAN
د.ك0.69
Boubyan Bank K.S.C.P
7D
1.2%
1Y
11.4%

BOUBYAN: Upcoming Meetings And Dividend Plan Will Support Steady Outlook

Analysts maintained their KWD fair value estimate for Boubyan Bank K.S.C.P. at KWD 0.73, citing largely stable assumptions around the discount rate, revenue growth, profit margin, and future P/E. What's in the News Boubyan Bank K.S.C.P. has scheduled a Special/Extraordinary Shareholders Meeting for March 10, 2026 at 13:00 Arab Standard Time in Kuwait City, Kuwait (Key Developments).
BURG
د.ك0.21
Burgan Bank K.P.S.C
7D
2.9%
1Y
-4.5%

BURG: Steady Fair Value And Margins Will Support A More Attractive Future P/E

Narrative Update on Burgan Bank K.P.S.C. Analysts have kept their KWD price target for Burgan Bank K.P.S.C. broadly steady, with only a slight fine tuning that reflects updated assumptions for revenue growth of 16.25%, profit margin of 27.35%, and a forward P/E of 16.60x. Valuation Changes Fair Value: KWD 0.24 is unchanged, indicating no adjustment to the central valuation outcome.
ALG
د.ك1.12
Ali Al-Ghanim Sons Automotive Company K.S.C.P
7D
-2.3%
1Y
17.1%
KIB
د.ك0.29
Kuwait International Bank K.S.C.P
7D
2.8%
1Y
36.7%
GBK
د.ك0.34
Gulf Bank K.S.C.P
7D
-0.6%
1Y
7.2%
NOOR
د.ك0.40
Noor Financial Investment Company - KPSC
7D
-3.9%
1Y
25.0%
GIH
د.ك0.47
Gulf Investment House - KPSC
7D
11.4%
1Y
-20.3%
OOREDOO
د.ك1.78
National Mobile Telecommunications Company K.S.C.P
7D
5.9%
1Y
58.1%
UNICAP
د.ك0.27
Unicap Investment and Finance Company K.S.C.P
7D
-9.6%
1Y
23.6%