Pakistani (KSE) Real Estate Sector Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies7
- 7D0.08%
- 3M-0.3%
- 1Y-6.8%
- YTD-3.1%
The Real Estate is pretty flat in the last 7 days, but TPL Properties has stood out, gaining 6.2%. Unfortunately though, the industry is down 6.8% over the past 12 months.
Sector Valuation and Performance
Has the Pakistani Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | PK₨52.4b | PK₨15.7b | PK₨12.9b | 4.3x | 4.1x | 3.3x |
| Thu, 21 Mar 2024 | PK₨50.6b | PK₨15.6b | PK₨10.3b | 4.3x | 4.9x | 3.3x |
| Sat, 17 Feb 2024 | PK₨51.0b | PK₨15.7b | PK₨12.2b | 3.2x | 4.2x | 3.3x |
| Mon, 15 Jan 2024 | PK₨53.2b | PK₨15.7b | PK₨12.2b | 3.3x | 4.3x | 3.4x |
| Wed, 13 Dec 2023 | PK₨55.1b | PK₨15.7b | PK₨12.2b | 3.2x | 4.5x | 3.5x |
| Fri, 10 Nov 2023 | PK₨52.6b | PK₨21.7b | PK₨15.6b | 4.2x | 3.4x | 2.4x |
| Sun, 08 Oct 2023 | PK₨55.4b | PK₨14.2b | PK₨12.2b | 4x | 4.6x | 3.9x |
| Tue, 05 Sep 2023 | PK₨53.2b | PK₨19.6b | PK₨13.9b | 3.9x | 3.8x | 2.7x |
| Thu, 03 Aug 2023 | PK₨54.3b | PK₨19.6b | PK₨13.9b | 3.9x | 3.9x | 2.8x |
| Sat, 01 Jul 2023 | PK₨53.1b | PK₨19.6b | PK₨13.9b | 3.9x | 3.8x | 2.7x |
| Mon, 29 May 2023 | PK₨53.6b | PK₨21.5b | PK₨15.3b | 6.2x | 3.5x | 2.5x |
| Wed, 26 Apr 2023 | PK₨55.9b | PK₨21.2b | PK₨15.4b | 6.4x | 3.6x | 2.6x |
| Fri, 24 Mar 2023 | PK₨57.4b | PK₨25.3b | PK₨19.7b | 3.9x | 2.9x | 2.3x |
| Sun, 19 Feb 2023 | PK₨58.5b | PK₨21.0b | PK₨19.3b | 4.4x | 3x | 2.8x |
| Tue, 17 Jan 2023 | PK₨58.9b | PK₨20.8b | PK₨19.0b | 4.2x | 3.1x | 2.8x |
| Thu, 15 Dec 2022 | PK₨61.6b | PK₨15.5b | PK₨14.2b | 8.3x | 4.3x | 4x |
| Sat, 12 Nov 2022 | PK₨63.6b | PK₨14.2b | PK₨14.9b | 7.7x | 4.3x | 4.5x |
| Mon, 10 Oct 2022 | PK₨62.0b | PK₨7.3b | PK₨13.7b | 5.7x | 4.5x | 8.5x |
| Wed, 07 Sep 2022 | PK₨61.4b | PK₨4.3b | PK₨12.2b | 3.6x | 5x | 14.3x |
| Fri, 05 Aug 2022 | PK₨59.3b | PK₨4.5b | PK₨8.7b | 5.9x | 6.8x | 13.2x |
| Sun, 03 Jul 2022 | PK₨58.1b | PK₨4.5b | PK₨8.7b | 5.9x | 6.7x | 12.9x |
| Tue, 31 May 2022 | PK₨60.5b | PK₨4.5b | PK₨8.7b | 5.9x | 7x | 13.4x |
| Thu, 28 Apr 2022 | PK₨63.0b | PK₨4.5b | PK₨8.7b | 5.9x | 7.3x | 14x |
| Sat, 26 Mar 2022 | PK₨60.1b | PK₨4.5b | PK₨8.7b | 5.9x | 6.9x | 13.3x |
| Mon, 21 Feb 2022 | PK₨62.3b | PK₨4.8b | PK₨9.0b | 9.8x | 7x | 13.1x |
| Wed, 19 Jan 2022 | PK₨60.7b | PK₨4.8b | PK₨9.0b | 11.2x | 6.8x | 12.7x |
| Fri, 17 Dec 2021 | PK₨60.0b | PK₨4.8b | PK₨9.0b | 11.2x | 6.7x | 12.6x |
| Sun, 14 Nov 2021 | PK₨67.9b | PK₨4.8b | PK₨9.0b | 11.2x | 7.6x | 14.2x |
| Tue, 12 Oct 2021 | PK₨59.8b | PK₨5.0b | PK₨9.0b | 11.9x | 6.7x | 12x |
| Thu, 09 Sep 2021 | PK₨65.7b | PK₨4.4b | PK₨7.4b | 5x | 8.9x | 14.8x |
| Sat, 07 Aug 2021 | PK₨57.7b | PK₨4.6b | PK₨7.1b | 4.3x | 8.2x | 12.6x |
| Fri, 30 Apr 2021 | PK₨38.8b | PK₨4.6b | PK₨7.1b | 4.1x | 5.5x | 8.5x |
Price to Earnings Ratio
5.5x
Current Industry PE
- Investors are pessimistic on the Pakistani Real Estate 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 4.1x which is lower than its 3-year average PE of 5.3x.
- The 3-year average PS ratio of 7.8x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 51% 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 Real Estate sector?
| PK Market | 0.85% | |
| Real Estate | 0.077% | |
| Real Estate | 1.10% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| REITS | -0.55% | |
Industry PE
- Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 322x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 3.3x.
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 | |
|---|---|---|---|---|---|
| JVDC Javedan | PK₨34.89 | 2.8% +PK₨358.0m | -20.7% | PE4.5x | |
| TPLP TPL Properties | PK₨11.94 | 5.6% +PK₨353.5m | -16.1% | PS30.9x | |
| KOIL Kohinoor Industries | PK₨10.08 | 24.4% +PK₨60.0m | 55.1% | PE6.6x | |
| LSEPL LSE Proptech | PK₨4.65 | 13.1% +PK₨48.6m | n/a | n/a | |
| PACE Pace (Pakistan) | PK₨2.64 | 0.8% +PK₨5.6m | 22.8% | PS0.7x |