Sri Lankan (CSE) Telecom Sector Analysis

UpdatedJan 13, 2026

DataAggregated Company Financials

Companies2

7D5.9%
3M13.1%
1Y96.5%
YTD6.0%

In the last week, the Telecom industry is up 4.6%, with all of the companies up. In the last 12 months, the industry was up 94%. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 13 Jan 2026	LK₨449.8b	LK₨292.6b	LK₨30.5b	16x	14.8x	1.5x
Thu, 11 Dec 2025	LK₨415.7b	LK₨292.6b	LK₨30.5b	14.6x	13.6x	1.4x
Sat, 08 Nov 2025	LK₨401.7b	LK₨288.8b	LK₨28.2b	14.8x	14.3x	1.4x
Mon, 06 Oct 2025	LK₨367.5b	LK₨288.8b	LK₨28.2b	13.8x	13x	1.3x
Wed, 03 Sep 2025	LK₨363.5b	LK₨288.8b	LK₨28.2b	13.7x	12.9x	1.3x
Fri, 01 Aug 2025	LK₨288.2b	LK₨285.0b	LK₨18.8b	17.6x	15.3x	1x
Sun, 29 Jun 2025	LK₨285.6b	LK₨285.0b	LK₨18.8b	17.4x	15.2x	1x
Tue, 27 May 2025	LK₨273.4b	LK₨285.0b	LK₨18.8b	17.4x	14.6x	1x
Thu, 24 Apr 2025	LK₨232.9b	LK₨282.3b	LK₨15.6b	22.1x	15x	0.8x
Sat, 22 Mar 2025	LK₨239.4b	LK₨282.3b	LK₨15.6b	22.9x	15.4x	0.8x
Mon, 17 Feb 2025	LK₨242.1b	LK₨281.7b	LK₨10.5b	11.4x	23x	0.9x
Wed, 15 Jan 2025	LK₨228.9b	LK₨281.7b	LK₨10.5b	9.8x	21.8x	0.8x
Fri, 13 Dec 2024	LK₨222.5b	LK₨281.7b	LK₨10.5b	9.2x	21.2x	0.8x
Sun, 10 Nov 2024	LK₨219.7b	LK₨279.2b	LK₨7.9b	9x	27.9x	0.8x
Tue, 08 Oct 2024	LK₨197.3b	LK₨283.1b	LK₨6.4b	9.1x	30.7x	0.7x
Thu, 05 Sep 2024	LK₨187.4b	LK₨283.1b	LK₨6.4b	8.5x	29.1x	0.7x
Sat, 03 Aug 2024	LK₨203.1b	LK₨287.7b	LK₨9.5b	5.5x	21.4x	0.7x
Mon, 01 Jul 2024	LK₨229.7b	LK₨287.7b	LK₨9.5b	5.7x	24.2x	0.8x
Wed, 29 May 2024	LK₨247.7b	LK₨287.7b	LK₨9.5b	6.4x	26.1x	0.9x
Fri, 26 Apr 2024	LK₨257.6b	LK₨294.2b	LK₨16.2b	4.8x	15.9x	0.9x
Sun, 24 Mar 2024	LK₨264.5b	LK₨294.2b	LK₨16.2b	4.8x	16.3x	0.9x
Tue, 20 Feb 2024	LK₨255.9b	LK₨303.9b	LK₨2.6b	12.9x	99.6x	0.8x
Thu, 18 Jan 2024	LK₨238.2b	LK₨303.9b	LK₨2.6b	10.9x	92.7x	0.8x
Sat, 16 Dec 2023	LK₨241.9b	LK₨303.9b	LK₨2.6b	11.1x	94.1x	0.8x
Mon, 13 Nov 2023	LK₨262.4b	LK₨301.8b	LK₨5.7b	11.6x	45.9x	0.9x
Wed, 11 Oct 2023	LK₨253.8b	LK₨301.8b	LK₨5.7b	13x	44.4x	0.8x
Fri, 08 Sep 2023	LK₨246.5b	LK₨301.8b	LK₨5.7b	13.6x	43.1x	0.8x
Sun, 06 Aug 2023	LK₨272.3b	LK₨298.2b	-LK₨5,820,531,000.00	56.2x	-46.8x	0.9x
Tue, 04 Jul 2023	LK₨257.3b	LK₨298.2b	-LK₨5,820,531,000.00	56.5x	-44.2x	0.9x
Thu, 01 Jun 2023	LK₨238.5b	LK₨298.2b	-LK₨5,820,531,000.00	51.1x	-41x	0.8x
Sat, 29 Apr 2023	LK₨255.8b	LK₨285.8b	-LK₨28,629,921,000.00	34.3x	-8.9x	0.9x
Mon, 27 Mar 2023	LK₨287.8b	LK₨285.8b	-LK₨28,629,921,000.00	42.3x	-10.1x	1x
Wed, 22 Feb 2023	LK₨219.9b	LK₨285.8b	-LK₨28,629,921,000.00	31.1x	-7.7x	0.8x
Fri, 20 Jan 2023	LK₨187.5b	LK₨269.7b	-LK₨11,485,791,000.00	12.5x	-16.3x	0.7x

Price to Earnings Ratio

-16.3x

Fri, 20 Jan 2023

Current Industry PE

There are only 2 companies in the Sri Lankan Communication Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

Total earnings for the Communication Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.8% per year.
This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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


LK Market	2.33%
Telecom	5.87%
Telecom Services and Carriers	9.82%
Wireless Telecom	3.69%

Industry PE

Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio.

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

Investors are most pessimistic about the Wireless Telecom industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.0x.

Forecasted Growth

Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 20% over the next 5 years.
However this is lower than its past earnings growth rate of 98% per year.