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Pakistani (KSE) Market Analysis & Valuation

UpdatedJul 21, 2026
DataAggregated Company Financials
Companies443
  • 7D-2.7%
  • 3M1.4%
  • 1Y18.2%
  • YTD-3.0%

Over the last 7 days, the market has dropped 2.7%, driven by pullbacks in every sector, especially the Financials sector. In the last year, the market is actually up 18%. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jul 2026PK₨18.3tPK₨21.7tPK₨2.0t9.9x9.3x0.8x
Thu, 18 Jun 2026PK₨18.8tPK₨21.7tPK₨2.0t10.5x9.5x0.9x
Sat, 16 May 2026PK₨17.2tPK₨21.5tPK₨2.0t9.6x8.8x0.8x
Mon, 13 Apr 2026PK₨17.4tPK₨21.2tPK₨1.9t9.7x9.2x0.8x
Wed, 11 Mar 2026PK₨16.4tPK₨20.9tPK₨1.9t9.1x8.7x0.8x
Fri, 06 Feb 2026PK₨19.7tPK₨21.1tPK₨1.9t11.3x10.5x0.9x
Sun, 04 Jan 2026PK₨18.7tPK₨21.0tPK₨1.9t11.6x10x0.9x
Tue, 02 Dec 2025PK₨17.7tPK₨21.6tPK₨1.9t11.1x9.5x0.8x
Thu, 30 Oct 2025PK₨17.1tPK₨22.1tPK₨1.8t12.1x9.4x0.8x
Sat, 27 Sep 2025PK₨17.8tPK₨22.1tPK₨1.7t12.3x10.3x0.8x
Mon, 25 Aug 2025PK₨16.5tPK₨21.4tPK₨1.7t11.5x9.9x0.8x
Wed, 23 Jul 2025PK₨15.4tPK₨21.3tPK₨1.7t10.8x9x0.7x
Fri, 20 Jun 2025PK₨13.7tPK₨21.3tPK₨1.7t9.1x8.1x0.6x
Sun, 18 May 2025PK₨13.5tPK₨20.6tPK₨1.7t8.7x8.1x0.7x
Tue, 15 Apr 2025PK₨13.3tPK₨21.2tPK₨1.6t8.4x8.1x0.6x
Thu, 13 Mar 2025PK₨13.2tPK₨21.1tPK₨1.6t8.1x8x0.6x
Sat, 08 Feb 2025PK₨12.7tPK₨21.1tPK₨1.7t8.6x7.5x0.6x
Mon, 06 Jan 2025PK₨13.8tPK₨21.4tPK₨1.7t9x8x0.6x
Wed, 04 Dec 2024PK₨12.6tPK₨22.2tPK₨1.7t8.1x7.3x0.6x
Fri, 01 Nov 2024PK₨11.1tPK₨22.0tPK₨1.7t7.3x6.4x0.5x
Sun, 29 Sep 2024PK₨10.1tPK₨22.2tPK₨1.8t6.3x5.5x0.5x
Tue, 27 Aug 2024PK₨10.0tPK₨21.8tPK₨1.8t6.4x5.5x0.5x
Thu, 25 Jul 2024PK₨10.0tPK₨21.6tPK₨1.8t6.6x5.7x0.5x
Sat, 22 Jun 2024PK₨9.9tPK₨21.6tPK₨1.7t6.3x5.7x0.5x
Mon, 20 May 2024PK₨9.9tPK₨21.6tPK₨1.8t5.9x5.4x0.5x
Wed, 17 Apr 2024PK₨9.6tPK₨21.2tPK₨1.9t5.6x5.2x0.5x
Fri, 15 Mar 2024PK₨9.1tPK₨20.9tPK₨1.8t5.6x5.1x0.4x
Sun, 11 Feb 2024PK₨9.1tPK₨20.4tPK₨1.7t5.6x5.3x0.4x
Tue, 09 Jan 2024PK₨9.2tPK₨20.3tPK₨1.7t6x5.5x0.5x
Thu, 07 Dec 2023PK₨9.1tPK₨20.2tPK₨1.7t6.2x5.4x0.5x
Sat, 04 Nov 2023PK₨7.6tPK₨19.9tPK₨1.7t5.1x4.5x0.4x
Mon, 02 Oct 2023PK₨6.8tPK₨19.2tPK₨1.5t5.3x4.6x0.4x
Wed, 30 Aug 2023PK₨7.0tPK₨19.3tPK₨1.4t5.4x4.9x0.4x
Fri, 28 Jul 2023PK₨7.0tPK₨19.2tPK₨1.4t5.8x5.1x0.4x
Price to Earnings Ratio

5.1x


Total Market Cap: PK₨7.0tTotal Earnings: PK₨1.4tTotal Revenue: PK₨19.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Market Price to Earnings3Y Average 7.3x202420252026
Current Market PE
  • Investors are optimistic on the Pakistani market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 9.3x which is higher than its 3-year average PE of 7.3x.
Past Earnings Growth
  • The earnings for Pakistani listed companies have grown 13% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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-2.70%
Telecom-0.04%
Real Estate-1.71%
Consumer Staples-1.96%
Materials-2.12%
Financials-2.55%
Healthcare-2.73%
Energy-3.17%
Consumer Discretionary-3.47%
Utilities-4.14%
Industrials-4.36%
Tech-4.85%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading close to its 3-year average PE ratio of 17.3x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 4.6% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
UBL United BankPK₨474.364.5%
+PK₨51.0b		29.6%PB2.8xFinancials
MEBL Meezan BankPK₨542.372.6%
+PK₨24.8b		52.2%PB3.4xFinancials
PTC Pakistan TelecommunicationPK₨70.535.1%
+PK₨17.4b		194.4%PS1.3xTelecom
LUCK Lucky CementPK₨450.002.6%
+PK₨16.6b		26.0%PE7.9xMaterials
ENGROH Engro HoldingPK₨278.554.9%
+PK₨15.8b		29.2%PE5.2xMaterials
See more

Market Insights

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A strong brand today doesn't guarantee a strong brand forever. Even the most established names can see their pricing power fade over time. In an industry landscape being reshaped by new entrants, shifting tastes and disruptive technology, it's worth understanding how to tell a temporary dip from a permanent decline.
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Latest News

PNSC
PK₨556.19
Pakistan National Shipping
7D
-3.2%
1Y
40.7%
PTC
PK₨70.53
Pakistan Telecommunication
7D
5.1%
1Y
194.4%
FCCL
PK₨54.70
Fauji Cement
7D
7.4%
1Y
19.4%
UBL
PK₨474.36
United Bank
7D
4.5%
1Y
29.6%
BML
PK₨57.50
Bank Makramah
7D
-5.6%
1Y
-40.6%
KPUS
PK₨1,515.89
Khairpur Sugar Mills
7D
-37.9%
1Y
937.3%
IBFL
PK₨302.18
Ibrahim Fibres
7D
-8.1%
1Y
-9.0%
LUCK
PK₨450.00
Lucky Cement
7D
2.6%
1Y
26.0%
New Narrative • Jul 03

Discounted Cash Flow Valuation of Lucky Cement Limited (LUCK)

Intrinsic Value Assessment Based on the Discounted Cash Flow (DCF) valuation using the Free Cash Flow to Firm (FCFF) approach, the estimated intrinsic value of Lucky Cement Limited is PKR 511.80 per share under the base case assumptions. The valuation incorporates projected revenue growth gradually declining from 8% to 4%, a stable EBIT margin of 22.07%, and a terminal growth rate of 3.0%.
OGDC
PK₨315.84
Oil and Gas Development
7D
-1.1%
1Y
39.4%
FFC
PK₨550.21
Fauji Fertilizer
7D
1.3%
1Y
17.2%
Narrative Update • Jun 26

FFC: Board Review And Higher P/E Assumptions Will Shape Fair Outlook

Analysts have increased their price target on Fauji Fertilizer from PKR 530 to PKR 618. They cite updated assumptions regarding the discount rate, revenue trends, profit margins, and future P/E expectations.
TSML
PK₨662.07
Tandlianwala Sugar Mills
7D
-7.7%
1Y
164.8%
PPL
PK₨219.78
Pakistan Petroleum
7D
-1.3%
1Y
31.1%
NBP
PK₨203.05
National Bank of Pakistan
7D
3.7%
1Y
63.9%
MEBL
PK₨542.37
Meezan Bank
7D
2.6%
1Y
52.2%
ENGROH
PK₨278.55
Engro Holding
7D
4.9%
1Y
29.2%
MARI
PK₨650.27
Mari Energies
7D
-0.6%
1Y
3.6%