Sri Lankan (CSE) Materials Sector Analysis

Sector Valuation and Performance

Has the Sri Lankan Materials Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 03 Jul 2026	LK₨370.5b	LK₨438.6b	LK₨30.3b	13.1x	12.2x	0.8x
Sun, 31 May 2026	LK₨363.2b	LK₨433.1b	LK₨28.3b	12.3x	12.9x	0.8x
Tue, 28 Apr 2026	LK₨366.6b	LK₨420.0b	LK₨29.2b	11.8x	12.5x	0.9x
Thu, 26 Mar 2026	LK₨342.5b	LK₨405.7b	LK₨30.7b	11.1x	11.2x	0.8x
Sat, 21 Feb 2026	LK₨374.1b	LK₨405.7b	LK₨30.6b	11.9x	12.2x	0.9x
Mon, 19 Jan 2026	LK₨387.0b	LK₨405.7b	LK₨30.6b	13.1x	12.6x	1x
Wed, 17 Dec 2025	LK₨362.6b	LK₨405.7b	LK₨30.6b	12.2x	11.8x	0.9x
Fri, 14 Nov 2025	LK₨362.9b	LK₨395.4b	LK₨30.1b	12.4x	12.1x	0.9x
Sun, 12 Oct 2025	LK₨366.1b	LK₨391.6b	LK₨30.3b	12.5x	12.1x	0.9x
Tue, 09 Sep 2025	LK₨328.3b	LK₨391.6b	LK₨30.3b	11.1x	10.8x	0.8x
Thu, 07 Aug 2025	LK₨317.1b	LK₨379.2b	LK₨28.9b	11x	11x	0.8x
Sat, 05 Jul 2025	LK₨303.1b	LK₨378.8b	LK₨28.7b	10.5x	10.6x	0.8x
Mon, 02 Jun 2025	LK₨277.3b	LK₨376.5b	LK₨29.4b	9.5x	9.4x	0.7x
Wed, 30 Apr 2025	LK₨262.2b	LK₨371.8b	LK₨29.1b	9.5x	9x	0.7x
Fri, 28 Mar 2025	LK₨252.3b	LK₨371.8b	LK₨29.1b	9.1x	8.7x	0.7x
Sun, 23 Feb 2025	LK₨267.4b	LK₨372.7b	LK₨29.1b	9.4x	9.2x	0.7x
Tue, 21 Jan 2025	LK₨257.8b	LK₨367.4b	LK₨31.7b	10.1x	8.1x	0.7x
Thu, 19 Dec 2024	LK₨231.7b	LK₨367.4b	LK₨31.7b	8.8x	7.3x	0.6x
Sat, 16 Nov 2024	LK₨205.7b	LK₨367.4b	LK₨31.7b	8.1x	6.5x	0.6x
Mon, 14 Oct 2024	LK₨195.5b	LK₨360.1b	LK₨30.8b	7.9x	6.4x	0.5x
Wed, 11 Sep 2024	LK₨174.5b	LK₨360.1b	LK₨30.8b	7.3x	5.7x	0.5x
Fri, 09 Aug 2024	LK₨183.3b	LK₨359.8b	LK₨30.8b	7.8x	5.9x	0.5x
Sun, 07 Jul 2024	LK₨193.5b	LK₨355.1b	LK₨29.7b	8.5x	6.5x	0.5x
Tue, 04 Jun 2024	LK₨194.9b	LK₨354.2b	LK₨29.4b	8x	6.6x	0.6x
Thu, 02 May 2024	LK₨192.6b	LK₨353.9b	LK₨27.4b	8.2x	7x	0.5x
Sat, 30 Mar 2024	LK₨183.4b	LK₨353.8b	LK₨27.4b	7.8x	6.7x	0.5x
Mon, 26 Feb 2024	LK₨163.5b	LK₨352.9b	LK₨27.1b	6.6x	6x	0.5x
Wed, 24 Jan 2024	LK₨161.8b	LK₨352.1b	LK₨22.2b	6.3x	7.3x	0.5x
Fri, 22 Dec 2023	LK₨163.4b	LK₨352.1b	LK₨22.2b	6.2x	7.4x	0.5x
Sun, 19 Nov 2023	LK₨164.1b	LK₨352.1b	LK₨22.2b	6.1x	7.4x	0.5x
Tue, 17 Oct 2023	LK₨175.3b	LK₨366.6b	LK₨29.0b	5.5x	6x	0.5x
Thu, 14 Sep 2023	LK₨184.6b	LK₨366.6b	LK₨29.0b	5.7x	6.4x	0.5x
Sat, 12 Aug 2023	LK₨179.6b	LK₨373.3b	LK₨30.5b	5.8x	5.9x	0.5x
Mon, 10 Jul 2023	LK₨178.6b	LK₨382.3b	LK₨38.9b	5.2x	4.6x	0.5x

Current Industry PE

Investors are optimistic on the Sri Lankan Materials industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 12.2x which is higher than its 3-year average PE of 8.6x.

The industry is trading close to its 3-year average PS ratio of 0.66x.

Past Earnings Growth

The earnings for companies in the Materials industry have declined 8.0% per year over the last three years.
Meanwhile revenues for these companies have grown 4.7% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Sri Lankan Materials sector?


LK Market	-0.94%
Materials	-1.57%
Basic Materials	1.70%
Packaging	-1.22%
Chemicals	-1.99%
Metals and Mining	-2.61%

Industry PE

Investors are most optimistic about the Metals and Mining industry, which is trading close to its 3-year average PE ratio of 14.6x.

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

Investors are most pessimistic about the Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.8x.

Forecasted Growth

Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 6.6% over the next 5 years.
However this is lower than its past earnings growth rate of 14% per year.

In contrast, the Chemicals industry is expected to see its earnings grow by 6.6% per year over the next few years.

	Company	Last Price	7D	1Y	Valuation
	GLAS.N0000 PGP Glass Ceylon	LK₨57.40	2.3% +LK₨1.2b	10.4%	PE13.5x
	TKYO.N0000 Tokyo Cement Company (Lanka)	LK₨89.30	0.9% +LK₨352.8m	15.7%	PE15.3x

Company

Last Price

Valuation

GLAS.N0000 PGP Glass Ceylon

LK₨57.40

2.3%
+LK₨1.2b

10.4%

PE13.5x

TKYO.N0000 Tokyo Cement Company (Lanka)

LK₨89.30

0.9%
+LK₨352.8m

15.7%

PE15.3x

New major risk - Market cap size

The company's market capitalization is less than US$10m. Market cap: LK₨3.33b (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Market cap is less than US$10m (LK₨3.33b market cap, or US$9.90m). Minor Risk Revenue is less than US$5m (LK₨902m revenue, or US$2.7m).

Sri Lankan (CSE) Materials Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

PGP Glass Ceylon PLC, Annual General Meeting, Jul 24, 2026

Dividend increased to LK₨2.50

Fourth quarter dividend increased to LK₨0.75

Fourth quarter dividend increased to LK₨0.37

New minor risk - Share price stability

Upcoming dividend of LK₨0.50 per share

Upcoming dividend of LK₨0.40 per share

New major risk - Market cap size

First quarter 2026 earnings released: EPS: LK₨6.23 (vs LK₨5.49 in 1Q 2025)

New major risk - Financial position