Header cover image

Pakistani (KSE) Real Estate Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies7
  • 7D-0.8%
  • 3M-5.6%
  • 1Y-13.7%
  • YTD-6.8%

Last week, the Real Estate industry hasn't moved much but TPL Properties is up 4.0% in that time. As for the longer term, the industry has declined 14% in the last year.

Sector Valuation and Performance

Has the Pakistani Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024PK₨50.6bPK₨15.7bPK₨12.2b3.2x4.1x3.2x
Mon, 22 Jan 2024PK₨53.2bPK₨15.7bPK₨12.2b3.3x4.3x3.4x
Wed, 20 Dec 2023PK₨52.3bPK₨15.7bPK₨12.2b3.2x4.3x3.3x
Fri, 17 Nov 2023PK₨52.7bPK₨21.7bPK₨15.6b4.1x3.4x2.4x
Sun, 15 Oct 2023PK₨54.8bPK₨14.2bPK₨12.5b3.3x4.4x3.9x
Tue, 12 Sep 2023PK₨53.4bPK₨19.6bPK₨13.9b3.8x3.8x2.7x
Thu, 10 Aug 2023PK₨54.0bPK₨19.6bPK₨13.9b3.7x3.9x2.8x
Sat, 08 Jul 2023PK₨54.0bPK₨19.6bPK₨13.9b3.9x3.9x2.8x
Mon, 05 Jun 2023PK₨52.1bPK₨19.7bPK₨13.9b3.8x3.7x2.6x
Wed, 03 May 2023PK₨55.9bPK₨21.3bPK₨15.1b6.5x3.7x2.6x
Fri, 31 Mar 2023PK₨56.4bPK₨25.4bPK₨18.6b4x3x2.2x
Sun, 26 Feb 2023PK₨58.2bPK₨21.0bPK₨19.3b4.3x3x2.8x
Tue, 24 Jan 2023PK₨58.2bPK₨21.0bPK₨19.3b4.3x3x2.8x
Thu, 22 Dec 2022PK₨58.4bPK₨15.5bPK₨14.2b8.3x4.1x3.8x
Sat, 19 Nov 2022PK₨63.2bPK₨14.2bPK₨14.9b7.6x4.2x4.5x
Mon, 17 Oct 2022PK₨63.0bPK₨7.3bPK₨13.7b5.7x4.6x8.6x
Wed, 14 Sep 2022PK₨61.9bPK₨4.3bPK₨12.2b3.6x5.1x14.4x
Fri, 12 Aug 2022PK₨61.8bPK₨4.3bPK₨12.2b3.7x5.1x14.4x
Sun, 10 Jul 2022PK₨58.7bPK₨4.5bPK₨8.7b5.9x6.8x13x
Tue, 07 Jun 2022PK₨57.9bPK₨4.5bPK₨8.7b5.9x6.7x12.8x
Thu, 05 May 2022PK₨62.7bPK₨4.5bPK₨8.7b5.9x7.2x13.9x
Sat, 02 Apr 2022PK₨63.7bPK₨4.5bPK₨8.7b5.9x7.3x14.1x
Mon, 28 Feb 2022PK₨60.6bPK₨4.8bPK₨9.0b9.6x6.8x12.7x
Wed, 26 Jan 2022PK₨60.0bPK₨4.8bPK₨9.0b11.2x6.7x12.6x
Fri, 24 Dec 2021PK₨59.5bPK₨4.8bPK₨9.0b11.2x6.6x12.5x
Sun, 21 Nov 2021PK₨69.0bPK₨4.8bPK₨9.0b11.2x7.7x14.5x
Tue, 19 Oct 2021PK₨57.9bPK₨5.0bPK₨9.0b11.6x6.4x11.6x
Thu, 16 Sep 2021PK₨71.1bPK₨4.4bPK₨7.4b5x9.6x16.1x
Sat, 14 Aug 2021PK₨58.9bPK₨4.6bPK₨7.1b4.3x8.3x12.9x
Wed, 09 Jun 2021PK₨43.3bPK₨4.6bPK₨7.1b4.1x6.1x9.5x
Tue, 02 Mar 2021PK₨37.8bPK₨4.8bPK₨7.0b4.2x5.4x7.8x
Price to Earnings Ratio

5.4x


Total Market Cap: PK₨37.8bTotal Earnings: PK₨7.0bTotal Revenue: PK₨4.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Real Estate Sector Price to Earnings3Y Average 5.3x202220232024
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 8.1x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 48% 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 Market4.10%
Real Estate-0.80%
REITS0.15%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Real Estate-2.19%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 319x.
    • 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 close to 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?

CompanyLast Price7D1YValuation
TPLP TPL PropertiesPK₨11.934.0%
+PK₨262.1m
-18.6%PE2.3x
PACE Pace (Pakistan)PK₨2.9213.6%
+PK₨97.6m
27.5%PS3.4x
LSEPL LSE ProptechPK₨3.7020.1%
+PK₨55.9m
n/an/a
DCR Dolmen City REITPK₨13.600.1%
+PK₨44.5m
0.1%PB0.4x
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

TPLP

PK₨11.93

TPL Properties

7D

4.0%

1Y

-18.6%

DCR

PK₨13.60

Dolmen City REIT

7D

0.1%

1Y

0.1%

PACE

PK₨2.92

Pace (Pakistan)

7D

13.6%

1Y

27.5%

KOIL

PK₨6.60

Kohinoor Industries

7D

-5.7%

1Y

19.6%

JVDC

PK₨33.01

Javedan

7D

-5.7%

1Y

-34.0%