Pakistani (KSE) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies90
- 7D-3.4%
- 3M11.4%
- 1Y72.5%
- YTD30.7%
The Financials industry is down 2.5% over the last week with United Bank the worst performer, down 3.5%. This takes the industry's 12 month performance to a gain of 77%. Looking forward, earnings are forecast to grow by 4.4% annually.
Sector Valuation and Performance
Has the Pakistani Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | PK₨2.1t | PK₨2.6t | PK₨606.7b | 4.3x | 3.5x | 0.8x |
| Sun, 23 Jun 2024 | PK₨2.1t | PK₨2.6t | PK₨606.8b | 4.2x | 3.5x | 0.8x |
| Tue, 21 May 2024 | PK₨2.2t | PK₨2.7t | PK₨654.4b | 3.9x | 3.3x | 0.8x |
| Thu, 18 Apr 2024 | PK₨2.1t | PK₨2.6t | PK₨627.8b | 4.2x | 3.4x | 0.8x |
| Sat, 16 Mar 2024 | PK₨1.9t | PK₨2.4t | PK₨594.6b | 4x | 3.1x | 0.8x |
| Mon, 12 Feb 2024 | PK₨1.8t | PK₨2.2t | PK₨550.6b | 4.1x | 3.4x | 0.8x |
| Wed, 10 Jan 2024 | PK₨1.8t | PK₨2.2t | PK₨545.5b | 4.1x | 3.3x | 0.8x |
| Fri, 08 Dec 2023 | PK₨1.9t | PK₨2.2t | PK₨545.1b | 4.6x | 3.4x | 0.9x |
| Sun, 05 Nov 2023 | PK₨1.5t | PK₨2.2t | PK₨533.5b | 3.8x | 2.9x | 0.7x |
| Tue, 03 Oct 2023 | PK₨1.4t | PK₨2.0t | PK₨471.3b | 4.4x | 2.9x | 0.7x |
| Thu, 31 Aug 2023 | PK₨1.4t | PK₨2.0t | PK₨454.1b | 4.9x | 3.2x | 0.7x |
| Sat, 29 Jul 2023 | PK₨1.4t | PK₨1.8t | PK₨390.2b | 4.9x | 3.6x | 0.8x |
| Mon, 26 Jun 2023 | PK₨1.1t | PK₨1.8t | PK₨380.2b | 3.7x | 3x | 0.6x |
| Wed, 24 May 2023 | PK₨1.2t | PK₨1.8t | PK₨373.5b | 4.3x | 3.2x | 0.7x |
| Fri, 21 Apr 2023 | PK₨1.2t | PK₨1.7t | PK₨335.3b | 4.7x | 3.6x | 0.7x |
| Sun, 19 Mar 2023 | PK₨1.2t | PK₨1.6t | PK₨333.9b | 5.1x | 3.6x | 0.7x |
| Tue, 14 Feb 2023 | PK₨1.2t | PK₨1.6t | PK₨303.7b | 4.8x | 4.1x | 0.8x |
| Thu, 12 Jan 2023 | PK₨1.2t | PK₨1.6t | PK₨303.3b | 4.7x | 3.9x | 0.8x |
| Sat, 10 Dec 2022 | PK₨1.3t | PK₨1.5t | PK₨301.7b | 5.2x | 4.2x | 0.8x |
| Mon, 07 Nov 2022 | PK₨1.2t | PK₨1.5t | PK₨294.5b | 5.1x | 4.2x | 0.8x |
| Wed, 05 Oct 2022 | PK₨1.3t | PK₨1.4t | PK₨286.2b | 5.2x | 4.4x | 0.9x |
| Fri, 02 Sep 2022 | PK₨1.4t | PK₨1.4t | PK₨301.0b | 5.5x | 4.6x | 1x |
| Sun, 31 Jul 2022 | PK₨1.3t | PK₨1.3t | PK₨317.5b | 5.1x | 4.1x | 1x |
| Tue, 28 Jun 2022 | PK₨1.3t | PK₨1.4t | PK₨317.7b | 5x | 4.2x | 1x |
| Thu, 26 May 2022 | PK₨1.5t | PK₨1.3t | PK₨315.9b | 5.2x | 4.6x | 1.1x |
| Sat, 23 Apr 2022 | PK₨1.6t | PK₨1.3t | PK₨304.4b | 6.1x | 5.2x | 1.2x |
| Mon, 21 Mar 2022 | PK₨1.5t | PK₨1.3t | PK₨300.8b | 5.6x | 5.1x | 1.2x |
| Wed, 16 Feb 2022 | PK₨1.6t | PK₨1.2t | PK₨285.8b | 6.6x | 5.8x | 1.3x |
| Fri, 14 Jan 2022 | PK₨1.7t | PK₨1.2t | PK₨283.5b | 7.1x | 5.9x | 1.3x |
| Sun, 12 Dec 2021 | PK₨1.6t | PK₨1.2t | PK₨283.5b | 6.1x | 5.6x | 1.3x |
| Tue, 09 Nov 2021 | PK₨1.7t | PK₨1.2t | PK₨283.6b | 6.3x | 5.9x | 1.4x |
| Thu, 07 Oct 2021 | PK₨1.6t | PK₨1.3t | PK₨287.3b | 7.2x | 5.4x | 1.2x |
| Sat, 04 Sep 2021 | PK₨1.6t | PK₨1.3t | PK₨285.4b | 7.6x | 5.5x | 1.2x |
| Mon, 02 Aug 2021 | PK₨1.6t | PK₨1.3t | PK₨285.4b | 8.1x | 5.5x | 1.2x |
Price to Earnings Ratio
5.5x
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 3.6x which is lower than its 3-year average PE of 4.1x.
- The industry is trading close to its 3-year average PS ratio of 0.93x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 27% 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 | -3.41% | |
| Financials | -3.39% | |
| Diversified Financial | 3.47% | |
| Consumer Finance | 2.46% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | -1.59% | |
| Banks | -3.46% | |
| Capital Markets | -5.63% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 14.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 6.1x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 4.4% over the next 5 years.
- In contrast, the Banks industry is expected to see its earnings grow by 4.4% 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 | |
|---|---|---|---|---|---|
| SILK Silkbank | PK₨1.03 | 13.2% +PK₨1.1b | 1.0% | n/a | |
| IGIHL IGI Holdings | PK₨132.35 | 4.4% +PK₨800.2m | 45.6% | PE4.8x | |
| FABL Faysal Bank | PK₨51.70 | 0.8% +PK₨607.1m | 101.1% | PB0.9x | |
| BAFL Bank Alfalah | PK₨66.67 | 0.5% +PK₨536.2m | 69.7% | PB0.7x | |
| JSGCL JS Global Capital | PK₨165.20 | 9.2% +PK₨381.7m | n/a | PE21.3x |