Pakistani (KSE) Market Analysis & Valuation
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies442
- 7D-3.4%
- 3M4.0%
- 1Y43.9%
- YTD10.2%
Over the last 7 days, the market has dropped 3.4%, driven by declines in every sector, especially the Financials sector. In the last year, the market is actually up 44%. As for the next few years, earnings are expected to grow by 11% per annum.
Market Valuation and Performance
Has the Pakistani Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | PK₨9.9t | PK₨21.6t | PK₨1.8t | 6.5x | 5.7x | 0.5x |
| Mon, 24 Jun 2024 | PK₨9.9t | PK₨21.6t | PK₨1.7t | 6.3x | 5.7x | 0.5x |
| Wed, 22 May 2024 | PK₨9.9t | PK₨21.6t | PK₨1.8t | 6.1x | 5.4x | 0.5x |
| Fri, 19 Apr 2024 | PK₨9.5t | PK₨21.2t | PK₨1.9t | 5.5x | 5.1x | 0.4x |
| Sun, 17 Mar 2024 | PK₨9.0t | PK₨20.9t | PK₨1.8t | 5.6x | 5x | 0.4x |
| Tue, 13 Feb 2024 | PK₨8.8t | PK₨20.4t | PK₨1.7t | 5.5x | 5.2x | 0.4x |
| Thu, 11 Jan 2024 | PK₨9.2t | PK₨20.3t | PK₨1.7t | 6x | 5.5x | 0.5x |
| Sat, 09 Dec 2023 | PK₨9.4t | PK₨20.2t | PK₨1.7t | 6.2x | 5.6x | 0.5x |
| Mon, 06 Nov 2023 | PK₨7.6t | PK₨19.9t | PK₨1.7t | 5.1x | 4.6x | 0.4x |
| Wed, 04 Oct 2023 | PK₨6.9t | PK₨19.2t | PK₨1.5t | 5.3x | 4.6x | 0.4x |
| Fri, 01 Sep 2023 | PK₨6.8t | PK₨19.3t | PK₨1.5t | 5.2x | 4.7x | 0.4x |
| Sun, 30 Jul 2023 | PK₨7.0t | PK₨19.2t | PK₨1.4t | 5.8x | 5.1x | 0.4x |
| Tue, 27 Jun 2023 | PK₨6.3t | PK₨19.0t | PK₨1.4t | 5.4x | 4.6x | 0.3x |
| Thu, 25 May 2023 | PK₨6.1t | PK₨18.8t | PK₨1.4t | 5.3x | 4.5x | 0.3x |
| Sat, 22 Apr 2023 | PK₨6.1t | PK₨18.2t | PK₨1.3t | 5.4x | 4.7x | 0.3x |
| Mon, 20 Mar 2023 | PK₨6.3t | PK₨18.0t | PK₨1.3t | 5.4x | 4.7x | 0.3x |
| Wed, 15 Feb 2023 | PK₨6.4t | PK₨17.3t | PK₨1.4t | 5.3x | 4.7x | 0.4x |
| Fri, 13 Jan 2023 | PK₨6.5t | PK₨17.2t | PK₨1.4t | 5.4x | 4.8x | 0.4x |
| Sun, 11 Dec 2022 | PK₨6.6t | PK₨17.1t | PK₨1.3t | 5.7x | 4.9x | 0.4x |
| Tue, 08 Nov 2022 | PK₨6.7t | PK₨16.9t | PK₨1.3t | 5.7x | 5.1x | 0.4x |
| Thu, 06 Oct 2022 | PK₨6.8t | PK₨15.4t | PK₨1.4t | 5.9x | 5x | 0.4x |
| Sat, 03 Sep 2022 | PK₨7.0t | PK₨14.0t | PK₨1.4t | 5.8x | 5.1x | 0.5x |
| Mon, 01 Aug 2022 | PK₨6.7t | PK₨13.7t | PK₨1.4t | 5.4x | 4.8x | 0.5x |
| Wed, 29 Jun 2022 | PK₨6.9t | PK₨13.4t | PK₨1.4t | 5.6x | 5x | 0.5x |
| Fri, 27 May 2022 | PK₨6.9t | PK₨13.1t | PK₨1.4t | 5.6x | 5.1x | 0.5x |
| Sun, 24 Apr 2022 | PK₨7.6t | PK₨12.8t | PK₨1.3t | 6.2x | 5.8x | 0.6x |
| Tue, 22 Mar 2022 | PK₨7.2t | PK₨12.3t | PK₨1.3t | 5.6x | 5.6x | 0.6x |
| Thu, 17 Feb 2022 | PK₨7.7t | PK₨11.8t | PK₨1.2t | 6.7x | 6.2x | 0.7x |
| Sat, 15 Jan 2022 | PK₨7.7t | PK₨11.6t | PK₨1.2t | 6.8x | 6.2x | 0.7x |
| Mon, 13 Dec 2021 | PK₨7.4t | PK₨11.6t | PK₨1.2t | 6.5x | 6x | 0.6x |
| Wed, 10 Nov 2021 | PK₨8.0t | PK₨11.5t | PK₨1.2t | 7.3x | 6.5x | 0.7x |
| Fri, 08 Oct 2021 | PK₨7.7t | PK₨10.8t | PK₨1.2t | 8.2x | 6.7x | 0.7x |
| Sun, 05 Sep 2021 | PK₨8.1t | PK₨10.5t | PK₨1.1t | 9.2x | 7.7x | 0.8x |
| Tue, 03 Aug 2021 | PK₨8.2t | PK₨10.5t | PK₨1.1t | 9.4x | 7.8x | 0.8x |
Price to Earnings Ratio
7.8x
Current Market PE
- Investors are relatively neutral on the Pakistani market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 5.4x.
Past Earnings Growth
- The earnings for Pakistani listed companies have grown 18% per year over the last three years.
- Revenues for these companies have grown 27% 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 | -3.41% | |
| Real Estate | -0.0085% | |
| Consumer Staples | -2.00% | |
| Industrials | -3.17% | |
| Energy | -3.19% | |
| Consumer Discretionary | -3.27% | |
| Materials | -3.34% | |
| Financials | -3.39% | |
| Tech | -4.84% | |
| Healthcare | -5.00% | |
| Utilities | -6.84% | |
| Telecom | -9.17% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 15.2x.
- 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 Materials sector, expecting annual earnings growth of 23% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Financials sector is expected to see its earnings grow by 4.3% per year 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 | |
|---|---|---|---|---|---|---|
| PAKT Pakistan Tobacco | PK₨973.08 | 3.9% +PK₨9.4b | 43.1% | PE9.1x | Consumer Staples | |
| PIAA Pakistan International Airlines | PK₨22.17 | 6.6% +PK₨7.2b | 544.5% | PS0.5x | Industrials | |
| CWSM Chakwal Spinning Mills | PK₨50.31 | 48.3% +PK₨2.0b | 3,654.5% | PB6.3x | Consumer Discretionary | |
| JDWS JDW Sugar Mills | PK₨549.29 | 5.9% +PK₨1.8b | 41.2% | PE3.3x | Consumer Staples | |
| GAL Ghandhara Automobiles | PK₨271.56 | 12.9% +PK₨1.8b | 532.1% | PE355.2x | Consumer Discretionary |
