Pakistani (KSE) Market Analysis & Valuation
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies420
- 7D1.7%
- 3M6.4%
- 1Y56.6%
- YTD6.1%
The market has climbed 1.7% in the last 7 days, lead by the Materials sector with a gain of 4.5%. In the last year, the market has climbed 57%. As for the next few years, earnings are expected to grow by 12% 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 Apr 2024 | PK₨9.7t | PK₨21.3t | PK₨1.8t | 5.7x | 5.3x | 0.5x |
| Mon, 25 Mar 2024 | PK₨8.9t | PK₨21.0t | PK₨1.8t | 5.4x | 5x | 0.4x |
| Wed, 21 Feb 2024 | PK₨8.6t | PK₨20.4t | PK₨1.7t | 5.4x | 5x | 0.4x |
| Fri, 19 Jan 2024 | PK₨9.1t | PK₨20.3t | PK₨1.7t | 5.9x | 5.4x | 0.4x |
| Sun, 17 Dec 2023 | PK₨9.4t | PK₨20.2t | PK₨1.7t | 6.3x | 5.6x | 0.5x |
| Tue, 14 Nov 2023 | PK₨8.0t | PK₨20.0t | PK₨1.7t | 5.3x | 4.8x | 0.4x |
| Thu, 12 Oct 2023 | PK₨7.0t | PK₨19.3t | PK₨1.5t | 5.5x | 4.8x | 0.4x |
| Sat, 09 Sep 2023 | PK₨6.7t | PK₨19.3t | PK₨1.5t | 5.3x | 4.6x | 0.3x |
| Mon, 07 Aug 2023 | PK₨7.2t | PK₨19.2t | PK₨1.4t | 5.8x | 5.2x | 0.4x |
| Wed, 05 Jul 2023 | PK₨6.6t | PK₨19.0t | PK₨1.4t | 5.5x | 4.9x | 0.3x |
| Fri, 02 Jun 2023 | PK₨6.2t | PK₨18.9t | PK₨1.4t | 5.5x | 4.6x | 0.3x |
| Sun, 30 Apr 2023 | PK₨6.2t | PK₨18.3t | PK₨1.4t | 5.4x | 4.6x | 0.3x |
| Tue, 28 Mar 2023 | PK₨6.1t | PK₨18.0t | PK₨1.3t | 5.2x | 4.5x | 0.3x |
| Thu, 23 Feb 2023 | PK₨6.3t | PK₨17.3t | PK₨1.4t | 5.3x | 4.6x | 0.4x |
| Sat, 21 Jan 2023 | PK₨6.1t | PK₨17.2t | PK₨1.4t | 5.2x | 4.5x | 0.4x |
| Mon, 19 Dec 2022 | PK₨6.5t | PK₨17.1t | PK₨1.3t | 5.5x | 4.8x | 0.4x |
| Wed, 16 Nov 2022 | PK₨6.8t | PK₨17.1t | PK₨1.3t | 5.7x | 5.1x | 0.4x |
| Fri, 14 Oct 2022 | PK₨6.8t | PK₨15.8t | PK₨1.4t | 5.9x | 5x | 0.4x |
| Sun, 11 Sep 2022 | PK₨6.9t | PK₨14.1t | PK₨1.4t | 5.7x | 5x | 0.5x |
| Tue, 09 Aug 2022 | PK₨7.0t | PK₨13.8t | PK₨1.4t | 5.6x | 5x | 0.5x |
| Thu, 07 Jul 2022 | PK₨6.8t | PK₨13.4t | PK₨1.4t | 5.5x | 4.9x | 0.5x |
| Sat, 04 Jun 2022 | PK₨7.0t | PK₨13.1t | PK₨1.4t | 5.5x | 5.2x | 0.5x |
| Mon, 02 May 2022 | PK₨7.5t | PK₨13.2t | PK₨1.3t | 5.9x | 5.6x | 0.6x |
| Wed, 30 Mar 2022 | PK₨7.4t | PK₨12.3t | PK₨1.3t | 5.8x | 5.7x | 0.6x |
| Fri, 25 Feb 2022 | PK₨7.4t | PK₨11.8t | PK₨1.3t | 6.3x | 5.9x | 0.6x |
| Sun, 23 Jan 2022 | PK₨7.6t | PK₨11.6t | PK₨1.2t | 6.6x | 6.2x | 0.7x |
| Tue, 21 Dec 2021 | PK₨7.5t | PK₨11.6t | PK₨1.2t | 6.8x | 6.1x | 0.6x |
| Thu, 18 Nov 2021 | PK₨7.8t | PK₨11.6t | PK₨1.2t | 7.2x | 6.3x | 0.7x |
| Sat, 16 Oct 2021 | PK₨7.7t | PK₨10.8t | PK₨1.2t | 7.9x | 6.6x | 0.7x |
| Mon, 13 Sep 2021 | PK₨8.2t | PK₨10.9t | PK₨1.1t | 9.2x | 7.7x | 0.8x |
| Wed, 11 Aug 2021 | PK₨8.2t | PK₨10.5t | PK₨1.1t | 9.3x | 7.7x | 0.8x |
| Sun, 06 Jun 2021 | PK₨8.1t | PK₨9.9t | PK₨981.6b | 9.3x | 8.3x | 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 5.6x.
Past Earnings Growth
- The earnings for Pakistani listed companies have grown 23% per year over the last three years.
- Revenues for these companies have grown 29% 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 | 1.72% | |
| Tech | 6.80% | |
| Materials | 4.45% | |
| Healthcare | 3.39% | |
| Consumer Discretionary | 3.36% | |
| Utilities | 2.81% | |
| Industrials | 2.01% | |
| Energy | 1.85% | |
| Real Estate | 1.06% | |
| Financials | 0.25% | |
| Telecom | -0.16% | |
| Consumer Staples | -1.82% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 14.4x.
- 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 roughly in line with its past earnings growth rate.
- In contrast, the Financials sector is expected to see its earnings grow by 3.2% 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 | |
|---|---|---|---|---|---|---|
| MARI Mari Petroleum | PK₨2.82k | 7.5% +PK₨26.2b | 77.3% | PE5.4x | Energy | |
| EFERT Engro Fertilizers | PK₨175.01 | 11.2% +PK₨23.6b | 108.4% | PE10.9x | Materials | |
| LUCK Lucky Cement | PK₨863.76 | 9.5% +PK₨22.0b | 115.3% | PE4.3x | Materials | |
| FATIMA Fatima Fertilizer | PK₨52.36 | 15.6% +PK₨14.8b | 83.7% | PE4.8x | Materials | |
| OGDC Oil and Gas Development | PK₨137.15 | 2.5% +PK₨14.2b | 59.5% | PE2.3x | Energy |
