Pakistani (KSE) Auto Components Industry Analysis

Industry Valuation and Performance

Has the Pakistani Auto Components Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 12 May 2026	PK₨101.9b	PK₨171.3b	PK₨11.6b	8.5x	8.8x	0.6x
Thu, 09 Apr 2026	PK₨99.2b	PK₨168.6b	PK₨10.6b	8.1x	9.3x	0.6x
Sat, 07 Mar 2026	PK₨92.0b	PK₨168.6b	PK₨10.6b	8x	8.6x	0.5x
Mon, 02 Feb 2026	PK₨107.6b	PK₨165.9b	PK₨8.8b	12x	12.3x	0.6x
Wed, 31 Dec 2025	PK₨96.2b	PK₨165.9b	PK₨8.8b	12.1x	11x	0.6x
Fri, 28 Nov 2025	PK₨93.3b	PK₨167.4b	PK₨8.8b	11.4x	10.6x	0.6x
Sun, 26 Oct 2025	PK₨97.5b	PK₨162.6b	PK₨8.9b	13.6x	11x	0.6x
Tue, 23 Sep 2025	PK₨101.4b	PK₨160.2b	PK₨8.9b	13.3x	11.4x	0.6x
Thu, 21 Aug 2025	PK₨103.5b	PK₨160.3b	PK₨9.9b	15.4x	10.5x	0.6x
Sat, 19 Jul 2025	PK₨88.4b	PK₨161.5b	PK₨10.1b	13.9x	8.7x	0.5x
Mon, 16 Jun 2025	PK₨79.5b	PK₨163.0b	PK₨10.4b	11.5x	7.6x	0.5x
Wed, 14 May 2025	PK₨156.5b	PK₨267.5b	PK₨26.8b	6.7x	5.9x	0.6x
Fri, 11 Apr 2025	PK₨151.8b	PK₨253.5b	PK₨24.2b	7.4x	6.3x	0.6x
Sun, 09 Mar 2025	PK₨146.6b	PK₨253.5b	PK₨24.1b	7x	6.1x	0.6x
Tue, 04 Feb 2025	PK₨153.8b	PK₨237.6b	PK₨23.3b	6.9x	6.6x	0.6x
Thu, 02 Jan 2025	PK₨160.4b	PK₨239.0b	PK₨23.4b	6.4x	6.9x	0.7x
Sat, 30 Nov 2024	PK₨154.1b	PK₨239.1b	PK₨23.5b	6.2x	6.6x	0.6x
Mon, 28 Oct 2024	PK₨141.0b	PK₨220.6b	PK₨20.3b	6.9x	6.9x	0.6x
Wed, 25 Sep 2024	PK₨143.1b	PK₨202.2b	PK₨17.6b	6.8x	8.1x	0.7x
Fri, 23 Aug 2024	PK₨151.0b	PK₨205.8b	PK₨11.2b	10x	13.5x	0.7x
Sun, 21 Jul 2024	PK₨169.0b	PK₨204.3b	PK₨11.3b	11.8x	15x	0.8x
Tue, 18 Jun 2024	PK₨136.8b	PK₨205.5b	PK₨11.4b	9.9x	12x	0.7x
Thu, 16 May 2024	PK₨131.7b	PK₨205.0b	PK₨11.4b	9x	11.5x	0.6x
Sat, 13 Apr 2024	PK₨116.2b	PK₨191.3b	PK₨8.3b	8x	14x	0.6x
Mon, 11 Mar 2024	PK₨116.3b	PK₨191.9b	PK₨8.4b	7x	13.9x	0.6x
Wed, 07 Feb 2024	PK₨98.5b	PK₨186.6b	PK₨7.9b	6.7x	12.5x	0.5x
Fri, 05 Jan 2024	PK₨67.1b	PK₨185.8b	PK₨7.8b	7.2x	8.6x	0.4x
Sun, 03 Dec 2023	PK₨68.1b	PK₨179.7b	PK₨7.1b	7.4x	9.6x	0.4x
Tue, 31 Oct 2023	PK₨56.3b	PK₨175.8b	PK₨7.1b	5.9x	7.9x	0.3x
Thu, 28 Sep 2023	PK₨47.4b	PK₨172.2b	PK₨6.7b	7.2x	7.1x	0.3x
Sat, 26 Aug 2023	PK₨48.2b	PK₨169.5b	PK₨6.3b	6.9x	7.7x	0.3x
Mon, 24 Jul 2023	PK₨42.6b	PK₨167.9b	PK₨5.7b	5.5x	7.4x	0.3x
Wed, 21 Jun 2023	PK₨35.3b	PK₨163.6b	PK₨5.3b	5.7x	6.6x	0.2x
Fri, 19 May 2023	PK₨36.1b	PK₨162.0b	PK₨6.6b	5.1x	5.4x	0.2x

Current Industry PE

Investors are relatively neutral on the Pakistani Auto Components industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 9.4x.

The industry is trading close to its 3-year average PS ratio of 0.55x.

Past Earnings Growth

The earnings for companies in the Auto Components industry have grown 21% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Pakistani Consumer Discretionary industry?


PK Market	3.86%
Consumer Discretionary	3.74%
Auto Components	2.05%
Tires and Rubber	8.23%
Auto Parts and Equipment	1.21%

Industry PE

Investors are most optimistic about the Tires and Rubber industry even though it's trading below its 3-year average PE ratio of 49.9x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 8.8x.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
TBL Treet Battery	PK₨9.56	6.1% +PK₨595.4m	-13.8%	n/a
PTL Panther Tyres	PK₨54.80	6.6% +PK₨569.5m	33.8%	PE8.5x
GTYR Ghandhara Tyre and Rubber	PK₨30.52	12.5% +PK₨413.4m	-17.4%	PS0.2x
ATBA Atlas Battery	PK₨230.94	3.3% +PK₨259.8m	-9.5%	PE103.3x
LOADS Loads	PK₨13.73	4.1% +PK₨200.5m	-4.7%	PE16.2x

New major risk - Earnings quality

The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (20% accrual ratio). Market cap is less than US$10m (PK₨2.47b market cap, or US$8.83m). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share).

Pakistani (KSE) Auto Components Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Third quarter 2026 earnings released: PK₨1.42 loss per share (vs PK₨4.27 loss in 3Q 2025)

Third quarter 2026 earnings released: EPS: PK₨31.27 (vs PK₨20.90 in 3Q 2025)

Third quarter 2026 earnings released: EPS: PK₨1.85 (vs PK₨0.82 in 3Q 2025)

Bela Automotives Ltd. to Report Q3, 2026 Results on Apr 29, 2026

Third quarter 2026 earnings released: EPS: PK₨0.16 (vs PK₨0.073 in 3Q 2025)

Third quarter 2026 earnings released: EPS: PK₨5.44 (vs PK₨3.54 in 3Q 2025)

Treet Battery Limited to Report Q4, 2026 Results on Apr 28, 2026

Ghandhara Tyre and Rubber Company Limited to Report Q3, 2026 Results on Apr 30, 2026

Investor sentiment improves as stock rises 20%

New major risk - Earnings quality