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Pakistani (KSE) Market Analysis & Valuation

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies440
  • 7D0.5%
  • 3M5.6%
  • 1Y30.4%
  • YTD29.4%

The Real Estate sector gained 4.7% while the market remained flat over the last week. Meanwhile, the market is actually up 30% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025PK₨18.0tPK₨21.6tPK₨1.9t11.5x9.6x0.8x
Fri, 14 Nov 2025PK₨17.0tPK₨21.6tPK₨1.9t10.8x9.1x0.8x
Sun, 12 Oct 2025PK₨17.7tPK₨22.1tPK₨1.8t11.9x9.8x0.8x
Tue, 09 Sep 2025PK₨17.1tPK₨21.5tPK₨1.7t11.1x9.9x0.8x
Thu, 07 Aug 2025PK₨16.1tPK₨21.2tPK₨1.7t11.6x9.6x0.8x
Sat, 05 Jul 2025PK₨15.0tPK₨21.3tPK₨1.7t10.6x8.8x0.7x
Mon, 02 Jun 2025PK₨13.7tPK₨21.3tPK₨1.7t9x8.1x0.6x
Wed, 30 Apr 2025PK₨13.0tPK₨21.1tPK₨1.6t8.7x7.9x0.6x
Fri, 28 Mar 2025PK₨13.5tPK₨21.1tPK₨1.6t8.3x8.2x0.6x
Sun, 23 Feb 2025PK₨13.0tPK₨21.1tPK₨1.7t9.1x7.7x0.6x
Tue, 21 Jan 2025PK₨13.8tPK₨21.4tPK₨1.7t9.2x8x0.6x
Thu, 19 Dec 2024PK₨13.5tPK₨22.2tPK₨1.7t8x7.8x0.6x
Sat, 16 Nov 2024PK₨11.6tPK₨22.0tPK₨1.7t7.2x6.7x0.5x
Mon, 14 Oct 2024PK₨10.6tPK₨22.2tPK₨1.8t6.6x5.9x0.5x
Wed, 11 Sep 2024PK₨10.0tPK₨22.1tPK₨1.8t6.4x5.5x0.5x
Fri, 09 Aug 2024PK₨9.9tPK₨21.7tPK₨1.8t6.5x5.6x0.5x
Sun, 07 Jul 2024PK₨10.1tPK₨21.6tPK₨1.8t6.4x5.8x0.5x
Tue, 04 Jun 2024PK₨10.0tPK₨21.7tPK₨1.8t5.8x5.5x0.5x
Thu, 02 May 2024PK₨9.5tPK₨21.4tPK₨1.8t5.5x5.2x0.4x
Sat, 30 Mar 2024PK₨9.2tPK₨21.0tPK₨1.8t5.4x5.1x0.4x
Mon, 26 Feb 2024PK₨8.9tPK₨20.5tPK₨1.7t5.6x5.2x0.4x
Wed, 24 Jan 2024PK₨9.3tPK₨20.3tPK₨1.7t5.8x5.5x0.5x
Fri, 22 Dec 2023PK₨8.9tPK₨20.2tPK₨1.7t5.9x5.4x0.4x
Sun, 19 Nov 2023PK₨8.2tPK₨20.0tPK₨1.7t5.3x4.9x0.4x
Tue, 17 Oct 2023PK₨7.2tPK₨19.2tPK₨1.5t5.4x4.8x0.4x
Thu, 14 Sep 2023PK₨6.7tPK₨19.3tPK₨1.5t5.2x4.6x0.3x
Sat, 12 Aug 2023PK₨7.1tPK₨19.2tPK₨1.4t5.7x5.2x0.4x
Mon, 10 Jul 2023PK₨6.6tPK₨19.0tPK₨1.4t5.6x4.9x0.3x
Wed, 07 Jun 2023PK₨6.3tPK₨18.9tPK₨1.4t5.6x4.6x0.3x
Fri, 05 May 2023PK₨6.3tPK₨18.4tPK₨1.4t5.2x4.5x0.3x
Sun, 02 Apr 2023PK₨6.1tPK₨18.1tPK₨1.3t5.2x4.5x0.3x
Tue, 28 Feb 2023PK₨6.3tPK₨17.8tPK₨1.4t5.2x4.6x0.4x
Thu, 26 Jan 2023PK₨6.2tPK₨17.2tPK₨1.4t5.3x4.5x0.4x
Sat, 24 Dec 2022PK₨6.3tPK₨17.1tPK₨1.3t5.3x4.6x0.4x
Price to Earnings Ratio

4.6x


Total Market Cap: PK₨6.3tTotal Earnings: PK₨1.3tTotal Revenue: PK₨17.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Market Price to Earnings3Y Average 6.4x202320242025
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 9.6x which is higher than its 3-year average PE of 6.4x.
Past Earnings Growth
  • The earnings for Pakistani listed companies have grown 11% per year over the last three years.
  • Revenues for these companies have grown 8.0% 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 Market0.52%
Real Estate4.66%
Utilities2.36%
Tech2.16%
Consumer Discretionary1.32%
Industrials1.03%
Financials0.70%
Materials0.22%
Consumer Staples0.13%
Energy0.10%
Healthcare-0.18%
Telecom-1.52%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading above its 3-year average PE ratio of 16.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 9.6%, which is higher than its past year's earnings growth of 1.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 4.7% 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₨390.743.7%
+PK₨34.6b
119.0%PB2.2xFinancials
MLCF Maple Leaf Cement FactoryPK₨126.4013.9%
+PK₨16.2b
167.3%PE10.3xMaterials
KTML Kohinoor Textile MillsPK₨73.4718.7%
+PK₨15.6b
180.0%PE3.9xConsumer Discretionary
PPL Pakistan PetroleumPK₨224.152.5%
+PK₨14.7b
8.9%PE7xEnergy
OGDC Oil and Gas DevelopmentPK₨275.601.2%
+PK₨13.8b
23.8%PE7.1xEnergy
See more

Latest News

OGDC: Exploration Upside Will Support Stronger Future Cash Returns

Analysts have raised their price target on the company from 400 dollars to 425 dollars, citing slightly higher long term revenue growth expectations that more than offset modestly lower projected profit margins and a richer future earnings multiple. What's in the News Government of Pakistan executed three exploration agreements covering one offshore and two onshore blocks, expanding OGDCL's portfolio in Eastern Offshore Indus C and key onshore areas, and reinforcing its long term growth prospects (Key Developments) OGDCL commenced 1,100 BPD oil production from its new Pasakhi 14 development well in District Hyderabad, using advanced drilling technologies to optimize output and reservoir integrity (Key Developments) OGDCL announced a gas and condensate discovery at Bitrism East 1 in Sindh, with combined test potential of 22.5 MMSCFD gas and 690 BPD condensate, supporting indigenous energy supply (Key Developments) Soghri North Well 1 was brought into production with 14 MMSCFD gas and 430 BPD condensate capacity, connected via a new 14 km flow line to Dakhni Plant for early monetization (Key Developments) The company proposed and then secured shareholder approval for a final cash dividend of PKR 5 per share for FY 2025, in addition to three interim dividends already paid (Key Developments) Valuation Changes Fair Value: raised slightly from 400 dollars to 425 dollars, reflecting a modest upward revision to intrinsic valuation.