Header cover image

Pakistani (KSE) Financials Sector Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies84
  • 7D-0.6%
  • 3M11.4%
  • 1Y50.6%
  • YTD-1.2%

In the last week, the Financials industry is flat overall, with United Bank standing out by going down 3.9%. The past year has been better, since the industry has gained 51% in that time. Looking forward, earnings are forecast to grow by 4.5% annually.

Sector Valuation and Performance

Has the Pakistani Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024PK₨1.8tPK₨2.3tPK₨556.2b4x3.3x0.8x
Fri, 19 Jan 2024PK₨1.8tPK₨2.2tPK₨547.6b4.2x3.3x0.8x
Sun, 17 Dec 2023PK₨1.9tPK₨2.2tPK₨545.5b4.3x3.5x0.9x
Tue, 14 Nov 2023PK₨1.6tPK₨2.2tPK₨534.1b4x3x0.7x
Thu, 12 Oct 2023PK₨1.4tPK₨2.0tPK₨471.3b4.7x3x0.7x
Sat, 09 Sep 2023PK₨1.4tPK₨2.0tPK₨459.1b4.6x3x0.7x
Mon, 07 Aug 2023PK₨1.5tPK₨1.8tPK₨390.2b4.8x3.7x0.8x
Wed, 05 Jul 2023PK₨1.2tPK₨1.8tPK₨380.2b4.3x3.3x0.7x
Fri, 02 Jun 2023PK₨1.2tPK₨1.8tPK₨380.4b4.1x3.1x0.6x
Sun, 30 Apr 2023PK₨1.2tPK₨1.7tPK₨358.3b4.5x3.4x0.7x
Tue, 28 Mar 2023PK₨1.2tPK₨1.7tPK₨332.6b4.8x3.5x0.7x
Thu, 23 Feb 2023PK₨1.2tPK₨1.6tPK₨315.8b5.2x3.9x0.8x
Sat, 21 Jan 2023PK₨1.1tPK₨1.6tPK₨303.3b4.5x3.8x0.7x
Mon, 19 Dec 2022PK₨1.2tPK₨1.5tPK₨302.7b5.2x4.1x0.8x
Wed, 16 Nov 2022PK₨1.3tPK₨1.5tPK₨299.2b5.4x4.3x0.8x
Fri, 14 Oct 2022PK₨1.3tPK₨1.4tPK₨288.3b5.2x4.4x0.9x
Sun, 11 Sep 2022PK₨1.4tPK₨1.4tPK₨300.3b5.2x4.5x1x
Tue, 09 Aug 2022PK₨1.4tPK₨1.3tPK₨313.0b5.4x4.4x1x
Thu, 07 Jul 2022PK₨1.3tPK₨1.3tPK₨317.5b5x4.2x1x
Sat, 04 Jun 2022PK₨1.5tPK₨1.3tPK₨315.9b5.2x4.6x1.1x
Mon, 02 May 2022PK₨1.6tPK₨1.3tPK₨313.5b5.9x5x1.2x
Wed, 30 Mar 2022PK₨1.5tPK₨1.3tPK₨300.8b5.7x5.1x1.2x
Fri, 25 Feb 2022PK₨1.6tPK₨1.3tPK₨286.8b6.1x5.5x1.3x
Sun, 23 Jan 2022PK₨1.6tPK₨1.2tPK₨283.5b6.7x5.8x1.3x
Tue, 21 Dec 2021PK₨1.6tPK₨1.2tPK₨283.5b6.3x5.6x1.3x
Thu, 18 Nov 2021PK₨1.6tPK₨1.2tPK₨283.6b6.2x5.8x1.3x
Sat, 16 Oct 2021PK₨1.6tPK₨1.3tPK₨287.8b7x5.6x1.3x
Mon, 13 Sep 2021PK₨1.6tPK₨1.3tPK₨285.3b8.1x5.5x1.3x
Wed, 11 Aug 2021PK₨1.6tPK₨1.3tPK₨285.4b7.8x5.6x1.3x
Sun, 06 Jun 2021PK₨1.6tPK₨1.3tPK₨286.2b6.9x5.5x1.3x
Wed, 10 Mar 2021PK₨1.6tPK₨1.2tPK₨264.3b7.4x5.9x1.3x
Price to Earnings Ratio

5.9x


Total Market Cap: PK₨1.6tTotal Earnings: PK₨264.3bTotal Revenue: PK₨1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Financials Sector Price to Earnings3Y Average 4.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Pakistani Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 3.3x which is lower than its 3-year average PE of 4.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 24% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Pakistani Financials sector?

PK Market-1.60%
Financials-0.63%
Diversified Financial2.31%
Insurance0.71%
Mortgage Finance0%
Mortgage REITs0%
Banks-0.65%
Consumer Finance-2.39%
Capital Markets-2.66%
Industry PE
  • Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 4.2x.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 4.5% over the next 5 years.
  • In contrast, the Banks industry is expected to see its earnings grow by 4.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SCBPL Standard Chartered Bank (Pakistan)PK₨37.102.5%
+PK₨3.5b
68.6%PB1.5x
ABL Allied BankPK₨86.352.4%
+PK₨2.3b
32.6%PB0.6x
JSBL JS BankPK₨9.188.4%
+PK₨1.5b
104.5%PB0.4x
FABL Faysal BankPK₨31.663.0%
+PK₨1.4b
33.2%PB0.5x
BIPL BankIslami PakistanPK₨24.613.6%
+PK₨953.5m
93.8%PB0.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

FABL

PK₨31.66

Faysal Bank

7D

3.0%

1Y

33.2%

HMB

PK₨57.20

Habib Metropolitan Bank

7D

-3.1%

1Y

73.4%

MEBL

PK₨165.61

Meezan Bank

7D

-2.4%

1Y

72.6%

ABL

PK₨86.35

Allied Bank

7D

2.4%

1Y

32.6%

BAHL

PK₨84.00

Bank AL Habib

7D

-0.7%

1Y

59.5%

UBL

PK₨179.13

United Bank

7D

-3.9%

1Y

74.8%

JSBL

PK₨9.18

JS Bank

7D

8.4%

1Y

104.5%

BIPL

PK₨24.61

BankIslami Pakistan

7D

3.6%

1Y

93.8%

BOK

PK₨11.27

Bank of Khyber

7D

-4.3%

1Y

-11.6%

JSCL

PK₨15.07

Jahangir Siddiqui

7D

-4.7%

1Y

38.0%

AKBL

PK₨23.89

Askari Bank

7D

2.5%

1Y

49.3%

BML

PK₨2.18

Bank Makramah

7D

3.8%

1Y

2.8%

AHCL

PK₨35.56

Arif Habib

7D

-4.3%

1Y

9.6%

JGICL

PK₨42.11

Jubilee General Insurance

7D

8.0%

1Y

60.4%

SCBPL

PK₨37.10

Standard Chartered Bank (Pakistan)

7D

2.5%

1Y

68.6%

NBP

PK₨27.93

National Bank of Pakistan

7D

-2.0%

1Y

15.6%