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Sri Lankan (CSE) Market Analysis & Valuation

UpdatedMay 12, 2026
DataAggregated Company Financials
Companies263
  • 7D1.2%
  • 3M-2.2%
  • 1Y42.9%
  • YTD0.7%

Over the last 7 days, the market has risen 1.2%, driven by gains in the Financials and Industrials sectors of 1.2% and 1.9%, respectively. As for the past 12 months, the market is up 43%. As for the next few years, earnings are expected to grow by 28% per annum.

Trending IndustriesRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 13 May 2026LK₨8.2tLK₨8.0tLK₨748.1b13.3x10.9x1x
Fri, 10 Apr 2026LK₨7.7tLK₨8.0tLK₨748.5b12.4x10.2x1x
Sun, 08 Mar 2026LK₨7.9tLK₨7.8tLK₨785.8b12.8x10.1x1x
Tue, 03 Feb 2026LK₨8.3tLK₨7.9tLK₨802.8b13.6x10.4x1.1x
Thu, 01 Jan 2026LK₨7.9tLK₨7.8tLK₨797.6b13x9.9x1x
Sat, 29 Nov 2025LK₨8.0tLK₨7.8tLK₨797.0b12.9x10.1x1x
Mon, 27 Oct 2025LK₨8.1tLK₨7.3tLK₨852.3b14x9.5x1.1x
Wed, 24 Sep 2025LK₨7.5tLK₨7.3tLK₨849.3b12.4x8.8x1x
Fri, 22 Aug 2025LK₨7.2tLK₨7.4tLK₨847.7b11.8x8.5x1x
Sun, 20 Jul 2025LK₨6.6tLK₨7.1tLK₨795.4b11.7x8.4x0.9x
Tue, 17 Jun 2025LK₨6.2tLK₨7.2tLK₨797.1b10.9x7.7x0.9x
Thu, 15 May 2025LK₨5.7tLK₨6.9tLK₨698.1b9.4x8.1x0.8x
Sat, 12 Apr 2025LK₨5.4tLK₨6.9tLK₨691.9b8.8x7.9x0.8x
Mon, 10 Mar 2025LK₨5.6tLK₨6.9tLK₨690.9b9.3x8.1x0.8x
Wed, 05 Feb 2025LK₨5.9tLK₨6.6tLK₨654.7b10.8x9.1x0.9x
Fri, 03 Jan 2025LK₨5.7tLK₨6.6tLK₨649.6b10.2x8.8x0.9x
Sun, 01 Dec 2024LK₨4.7tLK₨6.6tLK₨655.7b8.7x7.1x0.7x
Tue, 29 Oct 2024LK₨4.2tLK₨6.5tLK₨563.8b8.1x7.5x0.7x
Thu, 26 Sep 2024LK₨4.2tLK₨6.5tLK₨563.1b7.7x7.5x0.7x
Sat, 24 Aug 2024LK₨4.1tLK₨6.5tLK₨553.1b7.8x7.5x0.6x
Mon, 22 Jul 2024LK₨4.3tLK₨6.3tLK₨510.4b8.1x8.3x0.7x
Wed, 19 Jun 2024LK₨4.5tLK₨6.3tLK₨510.5b8.3x8.8x0.7x
Fri, 17 May 2024LK₨4.8tLK₨6.5tLK₨465.6b8.7x10.2x0.7x
Sun, 14 Apr 2024LK₨4.6tLK₨6.4tLK₨464.0b9x10x0.7x
Tue, 12 Mar 2024LK₨4.4tLK₨6.4tLK₨460.7b8.2x9.5x0.7x
Thu, 08 Feb 2024LK₨4.0tLK₨6.4tLK₨376.4b7.6x10.7x0.6x
Sat, 06 Jan 2024LK₨4.4tLK₨6.5tLK₨384.7b8.1x11.3x0.7x
Mon, 04 Dec 2023LK₨4.4tLK₨6.6tLK₨369.9b7.9x11.9x0.7x
Wed, 01 Nov 2023LK₨4.4tLK₨6.6tLK₨371.6b7.8x11.7x0.7x
Fri, 29 Sep 2023LK₨4.6tLK₨6.8tLK₨392.2b7.8x11.7x0.7x
Sun, 27 Aug 2023LK₨4.5tLK₨6.7tLK₨410.0b7.5x11.1x0.7x
Tue, 25 Jul 2023LK₨4.5tLK₨6.9tLK₨516.9b7.3x8.8x0.7x
Thu, 22 Jun 2023LK₨4.0tLK₨7.1tLK₨515.7b6x7.7x0.6x
Sat, 20 May 2023LK₨3.7tLK₨6.7tLK₨664.6b5.4x5.6x0.6x
Price to Earnings Ratio

5.6x


Total Market Cap: LK₨3.7tTotal Earnings: LK₨664.6bTotal Revenue: LK₨6.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Market Price to Earnings3Y Average 9.2x202420252026
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 10.9x which is higher than its 3-year average PE of 9.2x.
Past Earnings Growth
  • The earnings for Sri Lankan listed companies have grown 4.0% per year over the last three years.
  • Revenues for these companies have grown 6.1% 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 Market1.20%
Real Estate7.09%
Tech2.55%
Industrials1.91%
Financials1.20%
Materials1.11%
Consumer Discretionary0.93%
Consumer Staples0.72%
Telecom0.45%
Utilities0.15%
Healthcare0.03%
Energy-0.53%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 17.2x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings growth rate of 21% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 8.1% 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
HAYL.N0000 HayleysLK₨241.004.6%
+LK₨7.9b
77.5%PE13.1xIndustrials
OSEA.N0000 Overseas Realty (Ceylon)LK₨54.1013.2%
+LK₨7.8b
139.4%PE7.1xReal Estate
MELS.N0000 MelstacorpLK₨192.003.5%
+LK₨7.6b
42.2%PE12.1xConsumer Staples
LFIN.N0000 LB FinanceLK₨168.258.5%
+LK₨7.3b
76.9%PE7.3xFinancials
JKH.N0000 John Keells HoldingsLK₨20.601.5%
+LK₨5.3b
2.0%PE39.1xIndustrials
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