Pakistani (KSE) Basic Materials Industry Analysis

Industry Valuation and Performance

Has the Pakistani Basic Materials Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 17 Jun 2026	PK₨1.7t	PK₨1.1t	PK₨180.1b	9.5x	9.4x	1.5x
Fri, 15 May 2026	PK₨1.5t	PK₨1.1t	PK₨180.1b	7.7x	8.4x	1.3x
Sun, 12 Apr 2026	PK₨1.6t	PK₨1.1t	PK₨176.3b	8.4x	8.9x	1.4x
Tue, 10 Mar 2026	PK₨1.3t	PK₨1.1t	PK₨176.3b	6.8x	7.4x	1.2x
Thu, 05 Feb 2026	PK₨1.8t	PK₨1.1t	PK₨177.6b	12.2x	10.1x	1.6x
Sat, 03 Jan 2026	PK₨1.8t	PK₨1.1t	PK₨176.4b	12x	10.3x	1.7x
Mon, 01 Dec 2025	PK₨1.7t	PK₨1.1t	PK₨176.4b	12x	9.9x	1.6x
Wed, 29 Oct 2025	PK₨1.7t	PK₨1.1t	PK₨171.2b	10.5x	10.1x	1.6x
Fri, 26 Sep 2025	PK₨1.8t	PK₨1.0t	PK₨168.0b	11.8x	10.9x	1.8x
Sun, 24 Aug 2025	PK₨1.6t	PK₨1.0t	PK₨158.7b	10.5x	10.2x	1.6x
Tue, 22 Jul 2025	PK₨1.4t	PK₨1.0t	PK₨149.8b	10.3x	9.4x	1.4x
Thu, 19 Jun 2025	PK₨1.3t	PK₨1.0t	PK₨146.9b	9.3x	8.9x	1.3x
Sat, 17 May 2025	PK₨1.3t	PK₨1.0t	PK₨146.9b	9.5x	9x	1.3x
Mon, 14 Apr 2025	PK₨1.2t	PK₨1.0t	PK₨135.8b	8.7x	9.1x	1.2x
Wed, 12 Mar 2025	PK₨1.2t	PK₨1.0t	PK₨135.4b	8.7x	8.5x	1.2x
Fri, 07 Feb 2025	PK₨1.0t	PK₨987.1b	PK₨123.7b	9.7x	8.2x	1x
Sun, 05 Jan 2025	PK₨1.0t	PK₨975.8b	PK₨121.1b	10.5x	8.4x	1x
Tue, 03 Dec 2024	PK₨981.6b	PK₨975.8b	PK₨121.1b	9x	8.1x	1x
Thu, 31 Oct 2024	PK₨854.2b	PK₨980.7b	PK₨119.6b	8.6x	7.1x	0.9x
Sat, 28 Sep 2024	PK₨728.1b	PK₨972.8b	PK₨117.8b	7.5x	6.2x	0.7x
Mon, 26 Aug 2024	PK₨693.6b	PK₨954.4b	PK₨92.9b	7.2x	7.5x	0.7x
Wed, 24 Jul 2024	PK₨713.6b	PK₨953.2b	PK₨89.3b	7.9x	8x	0.7x
Fri, 21 Jun 2024	PK₨716.1b	PK₨953.2b	PK₨89.3b	8.1x	8x	0.8x
Sun, 19 May 2024	PK₨698.9b	PK₨957.2b	PK₨90.6b	7.3x	7.7x	0.7x
Tue, 16 Apr 2024	PK₨637.4b	PK₨960.4b	PK₨95.6b	6.6x	6.7x	0.7x
Thu, 14 Mar 2024	PK₨600.3b	PK₨959.7b	PK₨95.4b	6.4x	6.3x	0.6x
Sat, 10 Feb 2024	PK₨610.8b	PK₨953.0b	PK₨96.5b	6.8x	6.3x	0.6x
Mon, 08 Jan 2024	PK₨646.4b	PK₨945.1b	PK₨89.1b	7.8x	7.3x	0.7x
Wed, 06 Dec 2023	PK₨649.6b	PK₨945.1b	PK₨89.1b	7.4x	7.3x	0.7x
Fri, 03 Nov 2023	PK₨524.6b	PK₨936.2b	PK₨88.7b	6.1x	5.9x	0.6x
Sun, 01 Oct 2023	PK₨465.7b	PK₨896.5b	PK₨80.9b	5.7x	5.8x	0.5x
Tue, 29 Aug 2023	PK₨478.4b	PK₨919.2b	PK₨88.2b	5.8x	5.4x	0.5x
Thu, 27 Jul 2023	PK₨481.3b	PK₨917.0b	PK₨87.8b	6.3x	5.5x	0.5x
Sat, 24 Jun 2023	PK₨433.3b	PK₨917.0b	PK₨87.8b	5.8x	4.9x	0.5x

Current Industry PE

Investors are optimistic on the Pakistani Basic Materials industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 9.4x which is higher than its 3-year average PE of 8.0x.

The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Basic Materials industry have grown 27% per year over the last three years.
Revenues for these companies have grown 7.4% 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 Materials industry?


PK Market	4.55%
Materials	6.07%
Basic Materials	8.40%
Construction Materials	8.40%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
LUCK Lucky Cement	PK₨469.82	8.7% +PK₨55.2b	40.1%	PE8.3x
BWCL Bestway Cement	PK₨474.61	5.0% +PK₨13.5b	18.0%	PE11.7x
MLCF Maple Leaf Cement Factory	PK₨97.67	13.6% +PK₨12.2b	18.7%	PE9.1x
FCCL Fauji Cement	PK₨57.51	8.7% +PK₨11.3b	26.2%	PE9.6x
KOHC Kohat Cement	PK₨102.35	13.3% +PK₨11.1b	33.2%	PE9.6x

New major risk - Earnings quality

The company has a high level of non-cash earnings. Accrual ratio: 44% 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 Risk High level of non-cash earnings (44% accrual ratio). Minor Risk High level of debt (85% net debt to equity).

Pakistani (KSE) Basic Materials Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 16%

Less than half of directors are independent

Now 22% overvalued after recent price rise

Price target increased by 9.6% to PK₨328

New minor risk - Share price stability

Investor sentiment improves as stock rises 23%

Investor sentiment improves as stock rises 23%

Third quarter 2026 earnings released: EPS: PK₨0.89 (vs PK₨0.57 in 3Q 2025)

New major risk - Earnings quality

Dadabhoy Cement Industries Limited to Report Q3, 2026 Results on Apr 30, 2026

Third quarter dividend of PK₨10.00 announced