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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | LK₨4.6t | LK₨6.7t | LK₨392.8b | 7.8x | 11.7x | 0.7x |
| Tue, 22 Aug 2023 | LK₨4.6t | LK₨6.7t | LK₨410.0b | 7.7x | 11.3x | 0.7x |
| Thu, 20 Jul 2023 | LK₨4.5t | LK₨6.9t | LK₨517.6b | 7x | 8.6x | 0.6x |
| Sat, 17 Jun 2023 | LK₨4.0t | LK₨7.1t | LK₨516.1b | 6x | 7.7x | 0.6x |
| Mon, 15 May 2023 | LK₨3.8t | LK₨6.7t | LK₨677.6b | 5.6x | 5.6x | 0.6x |
| Wed, 12 Apr 2023 | LK₨4.0t | LK₨6.8t | LK₨675.1b | 6x | 5.9x | 0.6x |
| Fri, 10 Mar 2023 | LK₨4.0t | LK₨6.8t | LK₨675.4b | 6.1x | 6x | 0.6x |
| Sun, 05 Feb 2023 | LK₨3.9t | LK₨6.5t | LK₨731.3b | 5.5x | 5.4x | 0.6x |
| Tue, 03 Jan 2023 | LK₨3.8t | LK₨6.5t | LK₨752.2b | 5.4x | 5.1x | 0.6x |
| Thu, 01 Dec 2022 | LK₨3.8t | LK₨6.5t | LK₨750.3b | 5.4x | 5.1x | 0.6x |
| Sat, 29 Oct 2022 | LK₨3.8t | LK₨6.1t | LK₨731.0b | 6.6x | 5.2x | 0.6x |
| Mon, 26 Sep 2022 | LK₨4.3t | LK₨6.0t | LK₨715.9b | 7.5x | 6x | 0.7x |
| Wed, 24 Aug 2022 | LK₨4.0t | LK₨6.0t | LK₨716.1b | 6.4x | 5.5x | 0.7x |
| Fri, 22 Jul 2022 | LK₨3.3t | LK₨5.2t | LK₨614.8b | 6.4x | 5.3x | 0.6x |
| Sun, 19 Jun 2022 | LK₨3.3t | LK₨5.3t | LK₨622.0b | 6.6x | 5.3x | 0.6x |
| Tue, 17 May 2022 | LK₨3.6t | LK₨4.9t | LK₨499.9b | 7x | 7.2x | 0.7x |
| Thu, 14 Apr 2022 | LK₨3.5t | LK₨4.7t | LK₨477.1b | 6.8x | 7.3x | 0.7x |
| Sat, 12 Mar 2022 | LK₨4.7t | LK₨4.7t | LK₨477.5b | 8.6x | 9.8x | 1x |
| Mon, 07 Feb 2022 | LK₨5.7t | LK₨4.4t | LK₨425.7b | 11x | 13.4x | 1.3x |
| Wed, 05 Jan 2022 | LK₨5.7t | LK₨4.2t | LK₨392.1b | 11.2x | 14.6x | 1.4x |
| Fri, 03 Dec 2021 | LK₨5.0t | LK₨4.1t | LK₨391.3b | 9.4x | 12.7x | 1.2x |
| Sun, 31 Oct 2021 | LK₨4.5t | LK₨3.9t | LK₨355.4b | 8.8x | 12.6x | 1.1x |
| Tue, 28 Sep 2021 | LK₨4.1t | LK₨3.9t | LK₨352.4b | 8.5x | 11.6x | 1x |
| Thu, 26 Aug 2021 | LK₨3.9t | LK₨3.9t | LK₨353.8b | 8.7x | 11.2x | 1x |
| Fri, 02 Jul 2021 | LK₨3.4t | LK₨3.9t | LK₨353.2b | 8x | 9.8x | 0.9x |
| Mon, 05 Apr 2021 | LK₨3.1t | LK₨3.5t | LK₨310.8b | 8x | 9.9x | 0.9x |
| Thu, 07 Jan 2021 | LK₨2.9t | LK₨3.3t | LK₨220.2b | 10.3x | 13.2x | 0.9x |
| Wed, 30 Sep 2020 | LK₨2.6t | LK₨3.3t | LK₨201.0b | 10.5x | 12.8x | 0.8x |
Price to Earnings Ratio
12.8x
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 Staples | 0.12% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| BREW.N0000 Ceylon Beverage Holdings | LK₨1.24k | 18.1% +LK₨4.0b | 61.7% | PE7.8x | Consumer Staples | |
| LION.N0000 Lion Brewery (Ceylon) | LK₨900.00 | 2.3% +LK₨1.6b | 74.5% | PE10.1x | Consumer Staples | |
| CTC.N0000 Ceylon Tobacco | LK₨1.00k | 0.5% +LK₨936.6m | 44.0% | PE7.4x | Consumer Staples | |
| BUKI.N0000 Bukit Darah | LK₨403.50 | 1.4% +LK₨561.0m | 29.7% | PE4.8x | Consumer Staples | |
| CARG.N0000 Cargills (Ceylon) | LK₨350.00 | 0.6% +LK₨515.4m | 52.0% | PE17.6x | Consumer Staples |
Market Insights
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