Pakistani (KSE) Market Analysis & Valuation
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies426
- 7D0.9%
- 3M-0.02%
- 1Y-13.0%
- YTD-3.9%
In the last week, the market has stayed flat, however the Consumer Staples sector stood out, gaining 3.4%. As for last year, the market is down 13%. Earnings are forecast to grow by 8.7% annually.
Market Valuation and Performance
Has the Pakistani Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | PK₨6.2t | PK₨18.9t | PK₨1.4t | 5.5x | 4.5x | 0.3x |
| Thu, 27 Apr 2023 | PK₨6.1t | PK₨18.2t | PK₨1.3t | 5.6x | 4.7x | 0.3x |
| Sat, 25 Mar 2023 | PK₨6.1t | PK₨18.0t | PK₨1.3t | 5.3x | 4.5x | 0.3x |
| Mon, 20 Feb 2023 | PK₨6.4t | PK₨17.3t | PK₨1.4t | 5.2x | 4.7x | 0.4x |
| Wed, 18 Jan 2023 | PK₨6.1t | PK₨17.2t | PK₨1.4t | 5.2x | 4.5x | 0.4x |
| Fri, 16 Dec 2022 | PK₨6.5t | PK₨17.1t | PK₨1.3t | 5.5x | 4.8x | 0.4x |
| Sun, 13 Nov 2022 | PK₨6.8t | PK₨17.1t | PK₨1.3t | 5.8x | 5.1x | 0.4x |
| Tue, 11 Oct 2022 | PK₨6.8t | PK₨15.8t | PK₨1.4t | 6.1x | 5x | 0.4x |
| Thu, 08 Sep 2022 | PK₨6.9t | PK₨14.0t | PK₨1.4t | 5.6x | 5x | 0.5x |
| Sat, 06 Aug 2022 | PK₨6.9t | PK₨13.7t | PK₨1.4t | 5.7x | 5x | 0.5x |
| Mon, 04 Jul 2022 | PK₨6.9t | PK₨13.4t | PK₨1.4t | 5.6x | 5x | 0.5x |
| Wed, 01 Jun 2022 | PK₨7.1t | PK₨13.1t | PK₨1.4t | 5.7x | 5.2x | 0.5x |
| Fri, 29 Apr 2022 | PK₨7.5t | PK₨12.9t | PK₨1.3t | 5.9x | 5.7x | 0.6x |
| Sun, 27 Mar 2022 | PK₨7.3t | PK₨12.3t | PK₨1.3t | 5.7x | 5.6x | 0.6x |
| Tue, 22 Feb 2022 | PK₨7.7t | PK₨11.8t | PK₨1.2t | 6.6x | 6.2x | 0.6x |
| Thu, 20 Jan 2022 | PK₨7.6t | PK₨11.6t | PK₨1.2t | 6.6x | 6.1x | 0.7x |
| Sat, 18 Dec 2021 | PK₨7.5t | PK₨11.6t | PK₨1.2t | 6.8x | 6x | 0.6x |
| Mon, 15 Nov 2021 | PK₨7.7t | PK₨11.6t | PK₨1.2t | 7.2x | 6.3x | 0.7x |
| Wed, 13 Oct 2021 | PK₨7.6t | PK₨10.8t | PK₨1.2t | 7.6x | 6.6x | 0.7x |
| Fri, 10 Sep 2021 | PK₨8.1t | PK₨10.9t | PK₨1.1t | 9.1x | 7.7x | 0.7x |
| Sun, 08 Aug 2021 | PK₨8.2t | PK₨10.5t | PK₨1.1t | 9.4x | 7.7x | 0.8x |
| Sat, 01 May 2021 | PK₨7.6t | PK₨9.9t | PK₨981.5b | 8.6x | 7.8x | 0.8x |
| Tue, 02 Feb 2021 | PK₨8.2t | PK₨9.1t | PK₨816.5b | 11.1x | 10.1x | 0.9x |
| Fri, 06 Nov 2020 | PK₨7.2t | PK₨9.1t | PK₨724.5b | 10.2x | 10x | 0.8x |
| Mon, 10 Aug 2020 | PK₨7.2t | PK₨8.9t | PK₨644.0b | 11.6x | 11.1x | 0.8x |
Price to Earnings Ratio
9.2x
Current Market PE
- Investors are pessimistic on the Pakistani market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 4.5x which is lower than its 3-year average PE of 7.1x.
Past Earnings Growth
- The earnings for Pakistani listed companies have grown 26% per year over the last three years.
- Revenues for these companies have grown 26% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Pakistani Market?
| PK Market | 0.90% | |
| Consumer Staples | 3.44% | |
| Consumer Discretionary | 2.81% | |
| Materials | 2.01% | |
| Industrials | -0.46% | |
| Real Estate | -0.49% | |
| Financials | -0.61% | |
| Utilities | -0.79% | |
| Tech | -0.89% | |
| Energy | -1.19% | |
| Telecom | -1.46% | |
| Healthcare | -2.13% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth even though it's trading below its 3-year average PE ratio of 21.6x.
- Analysts are expecting annual earnings growth of 28.5%, which is lower than the prior year's growth of 44.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 75% over the next 5 years.
- This is better than its past earnings decline of 28% per year.
- In contrast, the Energy industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| COLG Colgate-Palmolive (Pakistan) | PK₨1.54k | 12.2% +PK₨20.3b | 19.6% | PE22.2x | Consumer Staples | |
| LUCK Lucky Cement | PK₨513.40 | 8.9% +PK₨13.2b | 5.1% | PE3.6x | Materials | |
| UPFL Unilever Pakistan Foods | PK₨23.40k | 7.3% +PK₨10.2b | n/a | PE15.7x | Consumer Staples | |
| PMPK Philip Morris (Pakistan) | PK₨378.52 | 31.0% +PK₨5.5b | -28.0% | PE21.2x | Consumer Staples | |
| ENGRO Engro | PK₨280.81 | 3.3% +PK₨5.1b | 5.4% | PE7.7x | Materials |
Market Insights
The best luxury goods are typically “better quality” than their cheaper counterparts in the sense that they are more durable...
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