Sri Lankan (CSE) Telecom Sector Analysis

UpdatedMar 09, 2026

DataAggregated Company Financials

Companies2

7D-2.9%
3M17.0%
1Y94.6%
YTD10.3%

Over the last 7 days, the Telecom industry has dropped 2.9%, driven by declines from every company within the industry. In the past year, the industry has gained 95%. 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, 10 Mar 2026	LK₨468.3b	LK₨292.6b	LK₨30.5b	16.2x	15.4x	1.6x
Thu, 05 Feb 2026	LK₨486.2b	LK₨292.6b	LK₨30.5b	17.6x	16x	1.7x
Sat, 03 Jan 2026	LK₨424.5b	LK₨292.6b	LK₨30.5b	14.9x	13.9x	1.5x
Mon, 01 Dec 2025	LK₨421.5b	LK₨292.6b	LK₨30.5b	15x	13.8x	1.4x
Wed, 29 Oct 2025	LK₨385.1b	LK₨288.8b	LK₨28.2b	14.4x	13.7x	1.3x
Fri, 26 Sep 2025	LK₨356.2b	LK₨288.8b	LK₨28.2b	13.4x	12.6x	1.2x
Sun, 24 Aug 2025	LK₨330.5b	LK₨288.8b	LK₨28.2b	12.7x	11.7x	1.1x
Tue, 22 Jul 2025	LK₨283.5b	LK₨285.0b	LK₨18.8b	17.2x	15.1x	1x
Thu, 19 Jun 2025	LK₨281.3b	LK₨285.0b	LK₨18.8b	17.2x	15x	1x
Sat, 17 May 2025	LK₨247.9b	LK₨285.0b	LK₨18.8b	16x	13.2x	0.9x
Mon, 14 Apr 2025	LK₨233.6b	LK₨282.3b	LK₨15.6b	22.2x	15x	0.8x
Wed, 12 Mar 2025	LK₨232.9b	LK₨282.3b	LK₨15.6b	22.2x	15x	0.8x
Fri, 07 Feb 2025	LK₨235.8b	LK₨281.7b	LK₨10.5b	10.8x	22.4x	0.8x
Sun, 05 Jan 2025	LK₨232.6b	LK₨281.7b	LK₨10.5b	9.9x	22.1x	0.8x
Tue, 03 Dec 2024	LK₨212.6b	LK₨281.7b	LK₨10.5b	8.7x	20.2x	0.8x
Thu, 31 Oct 2024	LK₨221.0b	LK₨283.1b	LK₨6.4b	10.5x	34.3x	0.8x
Sat, 28 Sep 2024	LK₨202.9b	LK₨283.1b	LK₨6.4b	9.1x	31.5x	0.7x
Mon, 26 Aug 2024	LK₨205.2b	LK₨283.1b	LK₨6.4b	8.6x	31.9x	0.7x
Wed, 24 Jul 2024	LK₨205.9b	LK₨287.7b	LK₨9.5b	5.5x	21.7x	0.7x
Fri, 21 Jun 2024	LK₨235.6b	LK₨287.7b	LK₨9.5b	5.9x	24.9x	0.8x
Sun, 19 May 2024	LK₨249.3b	LK₨287.7b	LK₨9.5b	6.6x	26.3x	0.9x
Tue, 16 Apr 2024	LK₨261.4b	LK₨294.2b	LK₨16.2b	4.9x	16.1x	0.9x
Thu, 14 Mar 2024	LK₨254.2b	LK₨294.2b	LK₨16.2b	4.5x	15.7x	0.9x
Sat, 10 Feb 2024	LK₨245.6b	LK₨303.9b	LK₨2.6b	11.8x	95.6x	0.8x
Mon, 08 Jan 2024	LK₨241.3b	LK₨303.9b	LK₨2.6b	11.2x	93.9x	0.8x
Wed, 06 Dec 2023	LK₨254.7b	LK₨303.9b	LK₨2.6b	11.3x	99.1x	0.8x
Fri, 03 Nov 2023	LK₨256.3b	LK₨301.8b	LK₨5.7b	11.9x	44.8x	0.8x
Sun, 01 Oct 2023	LK₨243.0b	LK₨301.8b	LK₨5.7b	13.3x	42.5x	0.8x
Tue, 29 Aug 2023	LK₨245.8b	LK₨301.8b	LK₨5.7b	13.9x	43x	0.8x
Thu, 27 Jul 2023	LK₨267.8b	LK₨298.2b	-LK₨5,820,531,000.00	58.5x	-46x	0.9x
Sat, 24 Jun 2023	LK₨264.6b	LK₨298.2b	-LK₨5,820,531,000.00	58.2x	-45.5x	0.9x
Mon, 22 May 2023	LK₨233.5b	LK₨298.2b	-LK₨5,820,531,000.00	50x	-40.1x	0.8x
Wed, 19 Apr 2023	LK₨266.1b	LK₨285.8b	-LK₨28,629,921,000.00	37.2x	-9.3x	0.9x
Fri, 17 Mar 2023	LK₨231.0b	LK₨285.8b	-LK₨28,629,921,000.00	30.3x	-8.1x	0.8x

Price to Earnings Ratio

-8.1x

Fri, 17 Mar 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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

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


LK Market	-4.25%
Telecom	-2.91%
Wireless Telecom	-2.61%
Telecom Services and Carriers	-3.50%

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 7.9x.

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.