Has the Pakistani Oil and Gas Industry valuation changed over the past few years?
|Mon, 29 Nov 2021||PK₨1.1t||PK₨2.9t||PK₨256.7b||6.3x|
|Wed, 27 Oct 2021||PK₨1.2t||PK₨2.7t||PK₨241.1b||6.6x|
|Fri, 24 Sep 2021||PK₨1.1t||PK₨2.6t||PK₨227.3b||6.6x|
|Sun, 22 Aug 2021||PK₨1.2t||PK₨2.6t||PK₨224.0b||6.8x|
|Fri, 09 Jul 2021||PK₨1.3t||PK₨2.6t||PK₨224.0b||7.2x|
|Thu, 01 Apr 2021||PK₨1.3t||PK₨2.3t||PK₨190.0b||9.5x|
|Sun, 03 Jan 2021||PK₨1.2t||PK₨2.0t||PK₨170.9b||5.6x|
|Wed, 07 Oct 2020||PK₨1.2t||PK₨2.1t||PK₨169.5b||5.7x|
|Tue, 30 Jun 2020||PK₨1.1t||PK₨2.2t||PK₨172.6b||5.4x|
|Fri, 03 Apr 2020||PK₨842.5b||PK₨2.5t||PK₨202.1b||4.3x|
|Mon, 06 Jan 2020||PK₨1.5t||PK₨2.7t||PK₨211.3b||7x|
|Thu, 10 Oct 2019||PK₨1.2t||PK₨2.7t||PK₨215.3b||5.1x|
|Wed, 03 Jul 2019||PK₨1.3t||PK₨2.7t||PK₨210.0b||5.5x|
|Sat, 06 Apr 2019||PK₨1.6t||PK₨2.6t||PK₨203.5b||9.4x|
|Tue, 08 Jan 2019||PK₨1.4t||PK₨2.5t||PK₨197.7b||8x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 6.7x. However, future earnings are expected to decline by 1.1% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Oil and Gas industry have grown 11% per year over the last three years, and revenues for these companies have grown 7.1% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Pakistani Oil and Gas industry?
|Oil and Gas Storage and Transportation||-1.84%|
|Oil and Gas Exploration and Production||-4.91%|
|Oil and Gas Refining and Marketing||-8.06%|
Industry PE: Investors are most optimistic about the Oil and Gas Refining and Marketing industry even though it's trading below its 3-year average PE ratio of 13.9x. However analysts are expecting annual earnings growth of 1.1%, which is lower than the prior year's growth of 359% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Oil and Gas Exploration and Production industry, which is trading below its 3-year average of 5.8x.
Forecasted Growth: Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 1.1% over the next 5 years. Meanwhile, the Oil and Gas Exploration and Production industry is expected to see its earnings growth to stay flat over the next few years.
Which companies have driven the market over the last 7 days?
|No data available|
Oil and Gas Development
Byco Petroleum Pakistan
Pakistan State Oil