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Pakistani (KSE) Market Analysis & Valuation

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies440
  • 7D6.3%
  • 3M-10.5%
  • 1Y31.2%
  • YTD-4.5%

The market is up 6.3% in the last 7 days, led by the Energy and all sectors gaining ground. As for the past 12 months, the market is up 31%. Looking forward, earnings are forecast to grow by 14% 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 Apr 2026PK₨17.8tPK₨21.2tPK₨1.9t10.1x9.4x0.8x
Thu, 19 Mar 2026PK₨16.1tPK₨21.0tPK₨1.9t9x8.6x0.8x
Sat, 14 Feb 2026PK₨18.8tPK₨21.1tPK₨1.9t11.3x10x0.9x
Mon, 12 Jan 2026PK₨19.2tPK₨21.0tPK₨1.9t11.5x10.3x0.9x
Wed, 10 Dec 2025PK₨17.9tPK₨21.6tPK₨1.9t11.4x9.6x0.8x
Fri, 07 Nov 2025PK₨16.9tPK₨21.6tPK₨1.9t10.9x9.1x0.8x
Sun, 05 Oct 2025PK₨18.4tPK₨22.1tPK₨1.8t12.1x10.3x0.8x
Tue, 02 Sep 2025PK₨16.6tPK₨21.5tPK₨1.7t11.1x9.6x0.8x
Thu, 31 Jul 2025PK₨15.5tPK₨21.3tPK₨1.7t11x9.1x0.7x
Sat, 28 Jun 2025PK₨14.2tPK₨21.3tPK₨1.7t9.5x8.3x0.7x
Mon, 26 May 2025PK₨13.5tPK₨21.1tPK₨1.7t8.8x8x0.6x
Wed, 23 Apr 2025PK₨13.4tPK₨21.2tPK₨1.6t8.5x8.2x0.6x
Fri, 21 Mar 2025PK₨13.5tPK₨21.1tPK₨1.6t8.6x8.3x0.6x
Sun, 16 Feb 2025PK₨12.9tPK₨21.1tPK₨1.7t8.6x7.7x0.6x
Tue, 14 Jan 2025PK₨13.4tPK₨21.3tPK₨1.7t8.7x7.9x0.6x
Thu, 12 Dec 2024PK₨13.5tPK₨22.2tPK₨1.7t8.3x7.8x0.6x
Sat, 09 Nov 2024PK₨11.4tPK₨22.5tPK₨1.7t7.4x6.6x0.5x
Mon, 07 Oct 2024PK₨10.3tPK₨22.2tPK₨1.8t6.4x5.7x0.5x
Wed, 04 Sep 2024PK₨9.9tPK₨22.0tPK₨1.8t6.6x5.4x0.5x
Fri, 02 Aug 2024PK₨9.8tPK₨21.7tPK₨1.8t6.4x5.6x0.5x
Sun, 30 Jun 2024PK₨9.9tPK₨21.6tPK₨1.7t6.3x5.7x0.5x
Tue, 28 May 2024PK₨10.0tPK₨21.6tPK₨1.8t5.8x5.5x0.5x
Thu, 25 Apr 2024PK₨9.7tPK₨21.3tPK₨1.9t5.6x5.2x0.5x
Sat, 23 Mar 2024PK₨8.9tPK₨21.0tPK₨1.8t5.4x5x0.4x
Mon, 19 Feb 2024PK₨8.6tPK₨20.4tPK₨1.7t5.4x5x0.4x
Wed, 17 Jan 2024PK₨9.2tPK₨20.3tPK₨1.7t5.9x5.5x0.5x
Fri, 15 Dec 2023PK₨9.3tPK₨20.2tPK₨1.7t6.2x5.6x0.5x
Sun, 12 Nov 2023PK₨7.9tPK₨20.0tPK₨1.7t5.2x4.7x0.4x
Tue, 10 Oct 2023PK₨7.0tPK₨19.2tPK₨1.5t5.4x4.7x0.4x
Thu, 07 Sep 2023PK₨6.7tPK₨19.3tPK₨1.5t5.3x4.6x0.3x
Sat, 05 Aug 2023PK₨7.2tPK₨19.2tPK₨1.4t5.8x5.2x0.4x
Mon, 03 Jul 2023PK₨6.3tPK₨19.0tPK₨1.4t5.4x4.6x0.3x
Wed, 31 May 2023PK₨6.3tPK₨18.9tPK₨1.4t5.5x4.6x0.3x
Fri, 28 Apr 2023PK₨6.2tPK₨18.2tPK₨1.3t5.5x4.7x0.3x
Price to Earnings Ratio

4.7x


Total Market Cap: PK₨6.2tTotal Earnings: PK₨1.3tTotal Revenue: PK₨18.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Market Price to Earnings3Y Average 6.9x202420252026
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 9.4x which is higher than its 3-year average PE of 6.9x.
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 5.1% 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 Market6.35%
Consumer Discretionary8.99%
Industrials8.91%
Energy8.38%
Utilities7.81%
Healthcare6.97%
Real Estate6.86%
Financials5.75%
Materials5.34%
Telecom4.75%
Tech3.66%
Consumer Staples3.63%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 6.8x.
    • 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 Tech sector, expecting annual earnings growth of 23% over the next 5 years.
  • However this is lower than its past earnings growth rate of 36% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 3.4% 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₨415.8421.3%
+PK₨183.1b		50.6%PB2.5xFinancials
OGDC Oil and Gas DevelopmentPK₨326.6511.3%
+PK₨142.7b		53.9%PE8.8xEnergy
NBP National Bank of PakistanPK₨215.8020.1%
+PK₨76.7b		144.2%PB0.9xFinancials
PPL Pakistan PetroleumPK₨239.7711.8%
+PK₨68.8b		40.4%PE8.1xEnergy
LUCK Lucky CementPK₨440.867.5%
+PK₨45.1b		25.9%PE7.9xMaterials
See more

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PPL
PK₨239.77
Pakistan Petroleum
7D
11.8%
1Y
40.4%
OGDC
PK₨326.65
Oil and Gas Development
7D
11.3%
1Y
53.9%
NBP
PK₨215.80
National Bank of Pakistan
7D
20.1%
1Y
144.2%
UBL
PK₨415.84
United Bank
7D
21.3%
1Y
50.6%
BOP
PK₨36.60
Bank of Punjab
7D
27.1%
1Y
220.5%
ISIL
PK₨1,871.48
Ismail Industries
7D
-1.2%
1Y
7.4%
MARI
PK₨669.69
Mari Energies
7D
3.6%
1Y
2.5%
FCEPL
PK₨77.57
FrieslandCampina Engro Pakistan
7D
-2.3%
1Y
-13.6%
ACPL
PK₨244.23
Attock Cement Pakistan
7D
-10.2%
1Y
-14.9%
HUBC
PK₨224.99
Hub Power
7D
9.0%
1Y
54.9%
KOIL
PK₨62.12
Kohinoor Industries
7D
-40.6%
1Y
491.1%
ASIC
PK₨37.91
Asia Insurance
7D
-21.3%
1Y
170.8%
SML
PK₨131.04
Shakarganj
7D
-8.6%
1Y
200.9%
BML
PK₨60.51
Bank Makramah
7D
-2.8%
1Y
-17.8%
SCL
PK₨750.00
Shield
7D
-22.9%
1Y
168.7%
LUCK
PK₨440.86
Lucky Cement
7D
7.5%
1Y
25.9%

Renewable Power Shift And Congo Expansion Will Support A Stronger Long Term Cement Story

Catalysts About Lucky Cement Lucky Cement is a large cement producer with integrated manufacturing operations in Pakistan and overseas, along with interests in power and other industrial segments. What are the underlying business or industry changes driving this perspective?