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Sri Lankan (CSE) Market Analysis & Valuation

UpdatedSep 24, 2023
DataAggregated Company Financials
Companies271
  • 7D-1.4%
  • 3M13.2%
  • 1Y2.7%
  • YTD16.0%

Over the last 7 days, the market has dropped 1.4%, driven by a decline of 1.9% in the Financials sector. Although the market performance has been flat over the past year. Earnings are forecast to grow by 19% annually.

Trending IndustriesRenewable Energy

Market Valuation and Performance

Has the Sri Lankan Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Sep 2023LK₨4.6tLK₨6.7tLK₨392.8b7.8x11.7x0.7x
Tue, 22 Aug 2023LK₨4.6tLK₨6.7tLK₨410.0b7.7x11.3x0.7x
Thu, 20 Jul 2023LK₨4.5tLK₨6.9tLK₨517.6b7x8.6x0.6x
Sat, 17 Jun 2023LK₨4.0tLK₨7.1tLK₨516.1b6x7.7x0.6x
Mon, 15 May 2023LK₨3.8tLK₨6.7tLK₨677.6b5.6x5.6x0.6x
Wed, 12 Apr 2023LK₨4.0tLK₨6.8tLK₨675.1b6x5.9x0.6x
Fri, 10 Mar 2023LK₨4.0tLK₨6.8tLK₨675.4b6.1x6x0.6x
Sun, 05 Feb 2023LK₨3.9tLK₨6.5tLK₨731.3b5.5x5.4x0.6x
Tue, 03 Jan 2023LK₨3.8tLK₨6.5tLK₨752.2b5.4x5.1x0.6x
Thu, 01 Dec 2022LK₨3.8tLK₨6.5tLK₨750.3b5.4x5.1x0.6x
Sat, 29 Oct 2022LK₨3.8tLK₨6.1tLK₨731.0b6.6x5.2x0.6x
Mon, 26 Sep 2022LK₨4.3tLK₨6.0tLK₨715.9b7.5x6x0.7x
Wed, 24 Aug 2022LK₨4.0tLK₨6.0tLK₨716.1b6.4x5.5x0.7x
Fri, 22 Jul 2022LK₨3.3tLK₨5.2tLK₨614.8b6.4x5.3x0.6x
Sun, 19 Jun 2022LK₨3.3tLK₨5.3tLK₨622.0b6.6x5.3x0.6x
Tue, 17 May 2022LK₨3.6tLK₨4.9tLK₨499.9b7x7.2x0.7x
Thu, 14 Apr 2022LK₨3.5tLK₨4.7tLK₨477.1b6.8x7.3x0.7x
Sat, 12 Mar 2022LK₨4.7tLK₨4.7tLK₨477.5b8.6x9.8x1x
Mon, 07 Feb 2022LK₨5.7tLK₨4.4tLK₨425.7b11x13.4x1.3x
Wed, 05 Jan 2022LK₨5.7tLK₨4.2tLK₨392.1b11.2x14.6x1.4x
Fri, 03 Dec 2021LK₨5.0tLK₨4.1tLK₨391.3b9.4x12.7x1.2x
Sun, 31 Oct 2021LK₨4.5tLK₨3.9tLK₨355.4b8.8x12.6x1.1x
Tue, 28 Sep 2021LK₨4.1tLK₨3.9tLK₨352.4b8.5x11.6x1x
Thu, 26 Aug 2021LK₨3.9tLK₨3.9tLK₨353.8b8.7x11.2x1x
Fri, 02 Jul 2021LK₨3.4tLK₨3.9tLK₨353.2b8x9.8x0.9x
Mon, 05 Apr 2021LK₨3.1tLK₨3.5tLK₨310.8b8x9.9x0.9x
Thu, 07 Jan 2021LK₨2.9tLK₨3.3tLK₨220.2b10.3x13.2x0.9x
Wed, 30 Sep 2020LK₨2.6tLK₨3.3tLK₨201.0b10.5x12.8x0.8x
Price to Earnings Ratio

12.8x


Total Market Cap: LK₨2.6tTotal Earnings: LK₨201.0bTotal Revenue: LK₨3.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Market Price to Earnings3Y Average 9.4x202120222023
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 11.7x which is higher than its 3-year average PE of 9.4x.
Past Earnings Growth
  • The earnings for Sri Lankan listed companies have grown 25% per year over the last three years.
  • Revenues for these companies have grown 28% 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-1.41%
Consumer Staples0.12%
Healthcare-0.82%
Utilities-0.94%
Tech-1.24%
Consumer Discretionary-1.24%
Industrials-1.86%
Materials-1.92%
Financials-1.94%
Telecom-2.83%
Energy-2.85%
Real Estate-3.07%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 21.1x.
    • 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 Consumer Discretionary sector, expecting annual earnings growth of 69% over the next 5 years.
  • This is better than its past earnings growth rate of 27% per year.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
BREW.N0000 Ceylon Beverage HoldingsLK₨1.24k18.1%
+LK₨4.0b
61.7%PE7.8xConsumer Staples
LION.N0000 Lion Brewery (Ceylon)LK₨900.002.3%
+LK₨1.6b
74.5%PE10.1xConsumer Staples
CTC.N0000 Ceylon TobaccoLK₨1.00k0.5%
+LK₨936.6m
44.0%PE7.4xConsumer Staples
BUKI.N0000 Bukit DarahLK₨403.501.4%
+LK₨561.0m
29.7%PE4.8xConsumer Staples
CARG.N0000 Cargills (Ceylon)LK₨350.000.6%
+LK₨515.4m
52.0%PE17.6xConsumer Staples
See more
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BREW.N0000

LK₨1,240.50

Ceylon Beverage Holdings

7D

18.1%

1Y

61.7%

AHUN.N0000

LK₨79.60

Aitken Spence Hotel Holdings

7D

1.4%

1Y

31.4%

LION.N0000

LK₨900.00

Lion Brewery (Ceylon)

7D

2.3%

1Y

74.5%

CARG.N0000

LK₨350.00

Cargills (Ceylon)

7D

0.6%

1Y

52.0%

LOLC.N0000

LK₨419.00

LOLC Holdings

7D

-1.4%

1Y

-19.2%

LOFC.N0000

LK₨5.10

LOLC Finance

7D

-1.9%

1Y

-42.0%

CSF.N0000

LK₨0.50

Nation Lanka Finance

7D

25.0%

1Y

-28.6%

BUKI.N0000

LK₨403.50

Bukit Darah

7D

1.4%

1Y

29.7%

VONE.N0000

LK₨43.60

Vallibel One

7D

-5.6%

1Y

-9.4%

SAMP.N0000

LK₨68.10

Sampath Bank

7D

-3.5%

1Y

69.8%

TJL.N0000

LK₨35.80

Teejay Lanka

7D

1.7%

1Y

-7.5%

CTC.N0000

LK₨1,000.00

Ceylon Tobacco

7D

0.5%

1Y

44.0%

SLTL.N0000

LK₨83.10

Sri Lanka Telecom

7D

-2.9%

1Y

84.3%

HNB.N0000

LK₨169.00

Hatton National Bank

7D

-3.4%

1Y

109.2%

HAYL.N0000

LK₨92.80

Hayleys

7D

-3.9%

1Y

-6.3%

EXPO.N0000

LK₨139.50

Expolanka Holdings

7D

-1.6%

1Y

-36.9%