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Latvian (OMX) Market Analysis & Valuation

UpdatedAug 11, 2026
DataAggregated Company Financials
Companies11
  • 7D0.3%
  • 3M4.3%
  • 1Y-5.8%
  • YTD-2.5%

The Consumer Discretionary sector gained 4.7% while the market remained flat over the last week. The past year hasn't been profitable, with the market dropping 5.8%.

Market Valuation and Performance

Has the Latvian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026€447.9m€754.9m€30.3m7.7x14.8x0.6x
Thu, 09 Jul 2026€440.3m€711.1m€24.4m8.6x18.1x0.6x
Sat, 06 Jun 2026€381.0m€619.0m€20.2m6.8x18.9x0.6x
Mon, 04 May 2026€375.4m€603.1m€13.8m11.9x27.3x0.6x
Wed, 01 Apr 2026€356.9m€603.1m€13.7m12x26.1x0.6x
Fri, 27 Feb 2026€370.0m€585.3m€11.7m14.8x31.6x0.6x
Sun, 25 Jan 2026€396.2m€575.6m€9.4m23.9x42.3x0.7x
Tue, 23 Dec 2025€379.0m€575.6m€9.4m22.4x40.4x0.7x
Thu, 20 Nov 2025€334.3m€578.5m€11.4m14.3x29.2x0.6x
Sat, 18 Oct 2025€331.0m€577.4m€10.9m14.5x30.5x0.6x
Mon, 15 Sep 2025€344.0m€577.4m€10.9m15.1x31.7x0.6x
Wed, 13 Aug 2025€341.6m€572.4m€14.2m13x24x0.6x
Fri, 11 Jul 2025€330.1m€565.8m€16.1m12.3x20.5x0.6x
Sun, 08 Jun 2025€327.6m€565.8m€16.1m12.4x20.3x0.6x
Tue, 06 May 2025€331.6m€567.7m€16.9m12.3x19.6x0.6x
Thu, 03 Apr 2025€322.6m€555.1m€17.2m12.5x18.7x0.6x
Sat, 01 Mar 2025€320.2m€546.9m€17.3m12.2x18.5x0.6x
Mon, 27 Jan 2025€325.5m€548.8m€17.6m12.5x18.5x0.6x
Wed, 25 Dec 2024€324.6m€562.0m€19.3m14.5x16.9x0.6x
Fri, 22 Nov 2024€321.3m€562.8m€18.4m11.4x17.5x0.6x
Sun, 20 Oct 2024€330.2m€557.8m€17.1m11.9x19.4x0.6x
Tue, 17 Sep 2024€320.8m€557.8m€17.1m11.7x18.8x0.6x
Thu, 15 Aug 2024€487.9m€675.5m-€40,374,652.0014.5x-12.1x0.7x
Sat, 13 Jul 2024€510.1m€650.7m-€39,055,451.0013.5x-13.1x0.8x
Mon, 10 Jun 2024€681.9m€650.7m-€39,055,451.0012.8x-17.5x1x
Wed, 08 May 2024€703.6m€702.0m-€41,580,062.0013.4x-16.9x1x
Fri, 05 Apr 2024€714.0m€702.0m-€41,524,092.0013.9x-17.2x1x
Sun, 03 Mar 2024€739.1m€848.5m€5.7m14.5x130.6x0.9x
Tue, 30 Jan 2024€752.4m€878.6m€3.0m15.1x249.2x0.9x
Thu, 28 Dec 2023€730.7m€878.6m€3.0m15.1x242x0.8x
Sat, 25 Nov 2023€751.3m€1.0b€41.3m16.7x18.2x0.7x
Mon, 23 Oct 2023€734.8m€1.0b€43.6m13.8x16.9x0.7x
Wed, 20 Sep 2023€721.7m€1.0b€43.6m12.7x16.6x0.7x
Fri, 18 Aug 2023€742.8m€1.1b€53.7m10.1x13.8x0.7x
Price to Earnings Ratio

13.8x


Total Market Cap: €742.8mTotal Earnings: €53.7mTotal Revenue: €1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Market Price to Earnings3Y Average 34.8x202420252026
Current Market PE
  • Investors are pessimistic on the Latvian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 14.8x which is lower than its 3-year average PE of 34.8x.
Past Earnings Growth
  • The earnings for companies in the Latvian industry have declined 17% per year over the last three years.
  • Revenues have also declined 11% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Latvian Market?

LV Market0.30%
Consumer Discretionary4.68%
Tech2.75%
Real Estate0%0
Materials0%0
Healthcare0%0
Utilities0%0
Consumer Staples-0.046%
Industrials-0.44%
Financials-1.18%
Sector PE
  • Investors favour the Financials sector the most for future growth, which is trading above its 3-year average PE ratio of 27.9x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Tech 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.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
VIRSI AS Virsi-A€4.295.7%
+€3.5m
9.2%PE11.6xConsumer Discretionary
SAF1R SAF Tehnika€13.203.5%
+€1.3m
125.3%PE7.6xTech
RKB1R AS Rigas kugu buvetava€0.330.6%
+€23.3k
9.2%n/aIndustrials
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