Narrative Update • May 23

The Communication Services sector gained 6.8% while the market remained flat over the last week. Meanwhile, the market is actually up 28% over the past year. Earnings are forecast to grow by 12% annually.
Has the Pakistani Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | PK₨17.7t | PK₨21.6t | PK₨2.0t | 10.2x | 9x | 0.8x |
| Mon, 04 May 2026 | PK₨16.9t | PK₨21.5t | PK₨2.0t | 9.5x | 8.6x | 0.8x |
| Wed, 01 Apr 2026 | PK₨15.5t | PK₨21.0t | PK₨1.9t | 8.5x | 8.3x | 0.7x |
| Fri, 27 Feb 2026 | PK₨17.6t | PK₨21.1t | PK₨1.9t | 10.1x | 9.3x | 0.8x |
| Sun, 25 Jan 2026 | PK₨19.7t | PK₨21.0t | PK₨1.9t | 11.8x | 10.6x | 0.9x |
| Tue, 23 Dec 2025 | PK₨18.0t | PK₨21.6t | PK₨1.9t | 11.6x | 9.7x | 0.8x |
| Thu, 20 Nov 2025 | PK₨17.2t | PK₨21.6t | PK₨1.9t | 11.4x | 9.3x | 0.8x |
| Sat, 18 Oct 2025 | PK₨17.7t | PK₨22.1t | PK₨1.8t | 12.3x | 9.8x | 0.8x |
| Mon, 15 Sep 2025 | PK₨17.0t | PK₨21.5t | PK₨1.7t | 11.4x | 9.9x | 0.8x |
| Wed, 13 Aug 2025 | PK₨16.3t | PK₨21.2t | PK₨1.7t | 11.4x | 9.6x | 0.8x |
| Fri, 11 Jul 2025 | PK₨15.3t | PK₨21.3t | PK₨1.7t | 10.9x | 9x | 0.7x |
| Sun, 08 Jun 2025 | PK₨14.0t | PK₨21.3t | PK₨1.7t | 9.2x | 8.2x | 0.7x |
| Tue, 06 May 2025 | PK₨12.8t | PK₨20.6t | PK₨1.7t | 9x | 7.7x | 0.6x |
| Thu, 03 Apr 2025 | PK₨13.5t | PK₨21.1t | PK₨1.6t | 8.3x | 8.2x | 0.6x |
| Sat, 01 Mar 2025 | PK₨13.0t | PK₨21.1t | PK₨1.7t | 8.7x | 7.6x | 0.6x |
| Mon, 27 Jan 2025 | PK₨13.3t | PK₨20.9t | PK₨1.7t | 9.1x | 7.8x | 0.6x |
| Wed, 25 Dec 2024 | PK₨13.6t | PK₨22.2t | PK₨1.7t | 8.5x | 7.8x | 0.6x |
| Fri, 22 Nov 2024 | PK₨11.9t | PK₨22.0t | PK₨1.7t | 7.4x | 6.9x | 0.5x |
| Sun, 20 Oct 2024 | PK₨10.6t | PK₨22.2t | PK₨1.8t | 6.7x | 6x | 0.5x |
| Tue, 17 Sep 2024 | PK₨10.0t | PK₨22.1t | PK₨1.8t | 6.3x | 5.4x | 0.5x |
| Thu, 15 Aug 2024 | PK₨9.9t | PK₨21.8t | PK₨1.8t | 6.4x | 5.5x | 0.5x |
| Sat, 13 Jul 2024 | PK₨10.1t | PK₨21.6t | PK₨1.8t | 6.4x | 5.8x | 0.5x |
| Mon, 10 Jun 2024 | PK₨9.4t | PK₨21.6t | PK₨1.7t | 6.1x | 5.4x | 0.4x |
| Wed, 08 May 2024 | PK₨9.6t | PK₨21.6t | PK₨1.8t | 5.8x | 5.3x | 0.4x |
| Fri, 05 Apr 2024 | PK₨9.3t | PK₨21.0t | PK₨1.8t | 5.6x | 5.1x | 0.4x |
| Sun, 03 Mar 2024 | PK₨9.2t | PK₨20.7t | PK₨1.8t | 5.6x | 5.2x | 0.4x |
| Tue, 30 Jan 2024 | PK₨9.1t | PK₨20.3t | PK₨1.7t | 5.9x | 5.4x | 0.4x |
| Thu, 28 Dec 2023 | PK₨8.7t | PK₨20.2t | PK₨1.7t | 5.7x | 5.2x | 0.4x |
| Sat, 25 Nov 2023 | PK₨8.4t | PK₨20.0t | PK₨1.7t | 5.6x | 5.1x | 0.4x |
| Mon, 23 Oct 2023 | PK₨7.3t | PK₨19.2t | PK₨1.5t | 5.5x | 4.9x | 0.4x |
| Wed, 20 Sep 2023 | PK₨6.7t | PK₨19.3t | PK₨1.5t | 5.2x | 4.6x | 0.3x |
| Fri, 18 Aug 2023 | PK₨7.1t | PK₨19.2t | PK₨1.4t | 5.7x | 5.1x | 0.4x |
| Sun, 16 Jul 2023 | PK₨6.8t | PK₨19.2t | PK₨1.4t | 5.9x | 5x | 0.4x |
| Tue, 13 Jun 2023 | PK₨6.4t | PK₨19.0t | PK₨1.4t | 5.6x | 4.7x | 0.3x |
4.7x
Which sectors have driven the changes within the Pakistani Market?
| PK Market | -1.18% | |
| Telecom | 5.07% | |
| Real Estate | 1.73% | |
| Consumer Discretionary | 0.25% | |
| Consumer Staples | -0.075% | |
| Healthcare | -0.26% | |
| Industrials | -0.45% | |
| Financials | -0.88% | |
| Tech | -0.98% | |
| Materials | -1.84% | |
| Utilities | -2.52% | |
| Energy | -2.72% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| PTC Pakistan Telecommunication | PK₨67.54 | 5.2% +PK₨17.1b | 159.6% | PS1.2x | Telecom | |
| SCBPL Standard Chartered Bank (Pakistan) | PK₨66.99 | 4.1% +PK₨10.1b | 10.3% | PB2.5x | Financials | |
| COLG Colgate-Palmolive (Pakistan) | PK₨1.16k | 2.8% +PK₨7.6b | -15.6% | PE15.9x | Consumer Staples | |
| PSYL Pakistan Synthetics | PK₨126.17 | 45.1% +PK₨5.4b | 102.3% | PE37.3x | Materials | |
| THCCL Thatta Cement | PK₨66.14 | 22.7% +PK₨5.2b | 68.3% | PE9.1x | Materials |