Header cover image

Pakistani (KSE) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies420
  • 7D-2.0%
  • 3M0.3%
  • 1Y45.9%
  • YTD-2.4%

Over the past 7 days, the market has dropped 2.0% with the Energy sector contributing the most to the decline. On the other hand, the Communication Services has risen by 5.9%. In contrast to the last week, the market is actually up 46% over the past year. Earnings are forecast to grow by 9.7% 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, 19 Mar 2024PK₨9.0tPK₨20.9tPK₨1.8t5.6x5x0.4x
Thu, 15 Feb 2024PK₨8.9tPK₨20.4tPK₨1.7t5.6x5.2x0.4x
Sat, 13 Jan 2024PK₨9.3tPK₨20.3tPK₨1.7t6x5.6x0.5x
Mon, 11 Dec 2023PK₨9.4tPK₨20.2tPK₨1.7t6.3x5.6x0.5x
Wed, 08 Nov 2023PK₨7.7tPK₨19.9tPK₨1.7t5.1x4.6x0.4x
Fri, 06 Oct 2023PK₨6.9tPK₨19.2tPK₨1.5t5.4x4.7x0.4x
Sun, 03 Sep 2023PK₨6.7tPK₨19.3tPK₨1.5t5.2x4.6x0.3x
Tue, 01 Aug 2023PK₨7.2tPK₨19.2tPK₨1.4t5.9x5.2x0.4x
Thu, 29 Jun 2023PK₨6.3tPK₨19.0tPK₨1.4t5.4x4.6x0.3x
Sat, 27 May 2023PK₨6.2tPK₨18.8tPK₨1.4t5.3x4.6x0.3x
Mon, 24 Apr 2023PK₨6.1tPK₨18.2tPK₨1.3t5.4x4.6x0.3x
Wed, 22 Mar 2023PK₨6.2tPK₨18.0tPK₨1.3t5.3x4.6x0.3x
Fri, 17 Feb 2023PK₨6.4tPK₨17.3tPK₨1.4t5.3x4.7x0.4x
Sun, 15 Jan 2023PK₨6.4tPK₨17.2tPK₨1.4t5.4x4.7x0.4x
Tue, 13 Dec 2022PK₨6.5tPK₨17.1tPK₨1.3t5.6x4.9x0.4x
Thu, 10 Nov 2022PK₨6.8tPK₨17.1tPK₨1.3t5.8x5x0.4x
Sat, 08 Oct 2022PK₨6.8tPK₨15.4tPK₨1.4t6x5x0.4x
Mon, 05 Sep 2022PK₨7.0tPK₨14.0tPK₨1.4t5.8x5x0.5x
Wed, 03 Aug 2022PK₨6.7tPK₨13.7tPK₨1.4t5.4x4.8x0.5x
Fri, 01 Jul 2022PK₨6.9tPK₨13.4tPK₨1.4t5.6x4.9x0.5x
Sun, 29 May 2022PK₨7.1tPK₨13.1tPK₨1.4t5.7x5.2x0.5x
Tue, 26 Apr 2022PK₨7.6tPK₨12.8tPK₨1.3t6.2x5.8x0.6x
Thu, 24 Mar 2022PK₨7.2tPK₨12.3tPK₨1.3t5.6x5.6x0.6x
Sat, 19 Feb 2022PK₨7.7tPK₨11.8tPK₨1.2t6.7x6.2x0.7x
Mon, 17 Jan 2022PK₨7.8tPK₨11.6tPK₨1.2t6.8x6.2x0.7x
Wed, 15 Dec 2021PK₨7.4tPK₨11.6tPK₨1.2t6.5x5.9x0.6x
Fri, 12 Nov 2021PK₨7.8tPK₨11.6tPK₨1.2t7.2x6.4x0.7x
Sun, 10 Oct 2021PK₨7.7tPK₨10.8tPK₨1.2t7.9x6.7x0.7x
Tue, 07 Sep 2021PK₨8.1tPK₨10.9tPK₨1.1t9.2x7.6x0.7x
Thu, 05 Aug 2021PK₨8.2tPK₨10.5tPK₨1.1t9.4x7.8x0.8x
Sun, 09 May 2021PK₨7.6tPK₨9.9tPK₨981.5b8.6x7.8x0.8x
Price to Earnings Ratio

7.9x


Total Market Cap: PK₨7.8tTotal Earnings: PK₨981.5bTotal Revenue: PK₨9.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Market Price to Earnings3Y Average 5.7x202220232024
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 5.0x which is lower than its 3-year average PE of 5.7x.
Past Earnings Growth
  • The earnings for Pakistani listed companies have grown 22% per year over the last three years.
  • Revenues for these companies have grown 28% 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-1.98%
Telecom5.92%
Real Estate-0.75%
Materials-1.53%
Consumer Discretionary-1.64%
Financials-1.91%
Consumer Staples-2.03%
Utilities-2.20%
Tech-2.41%
Energy-2.67%
Healthcare-3.14%
Industrials-3.40%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 14.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 38.2% which is higher than its past year's earnings decline of 6.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 57% over the next 5 years.
  • This is better than its past earnings growth rate of 29% per year.
  • In contrast, the Financials 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?

CompanyLast Price7D1YValuationSector
PIAA Pakistan International AirlinesPK₨22.2223.2%
+PK₨21.9b
518.9%PS0.5xIndustrials
MEBL Meezan BankPK₨196.365.0%
+PK₨16.8b
106.3%PB2.8xFinancials
PTC Pakistan TelecommunicationPK₨14.197.5%
+PK₨5.0b
142.6%PS0.4xTelecom
FFC Fauji FertilizerPK₨120.121.8%
+PK₨2.7b
18.9%PE3.4xMaterials
PSEL Pakistan ServicesPK₨895.007.6%
+PK₨2.1b
-35.5%PS2.1xConsumer Discretionary
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

FFC

PK₨120.12

Fauji Fertilizer

7D

1.8%

1Y

18.9%

MEBL

PK₨196.36

Meezan Bank

7D

5.0%

1Y

106.3%

HBL

PK₨108.60

Habib Bank

7D

-5.3%

1Y

47.5%

SCBPL

PK₨34.95

Standard Chartered Bank (Pakistan)

7D

-9.3%

1Y

74.8%

OGDC

PK₨123.33

Oil and Gas Development

7D

-3.6%

1Y

42.0%

MCB

PK₨186.71

MCB Bank

7D

-6.0%

1Y

63.6%

ISIL

PK₨1,050.00

Ismail Industries

7D

-12.5%

1Y

160.6%

BAFL

PK₨51.75

Bank Alfalah

7D

-10.7%

1Y

73.9%

PPL

PK₨110.93

Pakistan Petroleum

7D

-3.2%

1Y

66.4%

NBP

PK₨29.99

National Bank of Pakistan

7D

3.1%

1Y

35.3%

PAKT

PK₨992.00

Pakistan Tobacco

7D

-2.7%

1Y

37.8%

PTC

PK₨14.19

Pakistan Telecommunication

7D

7.5%

1Y

142.6%

LCI

PK₨799.81

Lucky Core Industries

7D

2.8%

1Y

46.8%

PIAA

PK₨22.22

Pakistan International Airlines

7D

23.2%

1Y

518.9%

UPFL

PK₨21,500.00

Unilever Pakistan Foods

7D

1.4%

1Y

17.8%

PSEL

PK₨895.00

Pakistan Services

7D

7.6%

1Y

-35.5%