Narrative Update • Jun 26
Have your own idea? Try our Stock Screener
Pakistani (KSE) Tech Sector Analysis
UpdatedJul 22, 2026
DataAggregated Company Financials
Companies10
- 7D-1.0%
- 3M-7.6%
- 1Y3.9%
- YTD-19.2%
The Tech is pretty flat in the last 7 days, but ITANZ Technologies has stood out, gaining 19%. As for the the longer term, the industry is up 3.9% over the past 12 months. As for the next few years, earnings are expected to grow by 22% per annum.
Sector Valuation and Performance
Has the Pakistani Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jul 2026 | PK₨325.2b | PK₨242.2b | PK₨22.7b | 15.1x | 14.3x | 1.3x |
| Fri, 19 Jun 2026 | PK₨341.0b | PK₨211.1b | PK₨20.9b | 18.3x | 16.3x | 1.6x |
| Sun, 17 May 2026 | PK₨317.5b | PK₨206.0b | PK₨20.6b | 13.6x | 15.4x | 1.5x |
| Tue, 14 Apr 2026 | PK₨308.5b | PK₨206.0b | PK₨20.6b | 9.2x | 15x | 1.5x |
| Thu, 12 Mar 2026 | PK₨256.2b | PK₨202.2b | PK₨19.5b | 10.3x | 13.1x | 1.3x |
| Sat, 07 Feb 2026 | PK₨343.8b | PK₨212.0b | PK₨18.8b | 13.4x | 18.3x | 1.6x |
| Mon, 05 Jan 2026 | PK₨361.2b | PK₨212.0b | PK₨18.8b | 13.9x | 19.2x | 1.7x |
| Wed, 03 Dec 2025 | PK₨338.2b | PK₨212.0b | PK₨18.8b | 14.2x | 18x | 1.6x |
| Fri, 31 Oct 2025 | PK₨327.8b | PK₨211.2b | PK₨18.8b | 19.4x | 17.4x | 1.6x |
| Sun, 28 Sep 2025 | PK₨326.1b | PK₨223.8b | PK₨17.7b | 18.6x | 18.4x | 1.5x |
| Tue, 26 Aug 2025 | PK₨311.3b | PK₨223.5b | PK₨17.2b | 18.8x | 18.1x | 1.4x |
| Thu, 24 Jul 2025 | PK₨276.0b | PK₨220.7b | PK₨16.2b | 18.4x | 17x | 1.3x |
| Sat, 21 Jun 2025 | PK₨254.1b | PK₨220.7b | PK₨16.2b | 16.2x | 15.7x | 1.2x |
| Mon, 19 May 2025 | PK₨269.4b | PK₨220.5b | PK₨16.2b | 16.2x | 16.6x | 1.2x |
| Wed, 16 Apr 2025 | PK₨265.8b | PK₨221.0b | PK₨15.4b | 19.8x | 17.3x | 1.2x |
| Fri, 14 Mar 2025 | PK₨270.2b | PK₨220.5b | PK₨14.6b | 21.7x | 18.5x | 1.2x |
| Sun, 09 Feb 2025 | PK₨288.6b | PK₨221.0b | PK₨14.9b | 15.6x | 19.3x | 1.3x |
| Tue, 07 Jan 2025 | PK₨311.0b | PK₨221.0b | PK₨14.9b | 17.8x | 20.8x | 1.4x |
| Thu, 05 Dec 2024 | PK₨282.7b | PK₨221.0b | PK₨14.9b | 14.2x | 18.9x | 1.3x |
| Sat, 02 Nov 2024 | PK₨242.1b | PK₨221.3b | PK₨15.1b | 11.5x | 16.1x | 1.1x |
| Mon, 30 Sep 2024 | PK₨220.1b | PK₨225.6b | PK₨14.9b | 12x | 14.8x | 1x |
| Wed, 28 Aug 2024 | PK₨232.8b | PK₨191.9b | PK₨12.8b | 17.6x | 18.1x | 1.2x |
| Fri, 26 Jul 2024 | PK₨225.0b | PK₨191.9b | PK₨12.8b | 13.6x | 17.5x | 1.2x |
| Sun, 23 Jun 2024 | PK₨209.2b | PK₨191.9b | PK₨12.8b | 11x | 16.3x | 1.1x |
| Tue, 21 May 2024 | PK₨195.7b | PK₨191.9b | PK₨12.8b | 11.1x | 15.3x | 1x |
| Thu, 18 Apr 2024 | PK₨184.2b | PK₨151.1b | PK₨15.7b | 11.8x | 11.7x | 1.2x |
| Sat, 16 Mar 2024 | PK₨183.1b | PK₨146.6b | PK₨15.7b | 11.2x | 11.7x | 1.2x |
| Mon, 12 Feb 2024 | PK₨173.2b | PK₨127.1b | PK₨14.1b | 10.2x | 12.2x | 1.4x |
| Wed, 10 Jan 2024 | PK₨187.4b | PK₨127.1b | PK₨14.1b | 11.2x | 13.3x | 1.5x |
| Fri, 08 Dec 2023 | PK₨208.2b | PK₨127.2b | PK₨13.9b | 13.4x | 15x | 1.6x |
| Sun, 05 Nov 2023 | PK₨175.6b | PK₨111.5b | PK₨13.4b | 11.8x | 13.1x | 1.6x |
| Tue, 03 Oct 2023 | PK₨161.9b | PK₨112.9b | PK₨14.2b | 12x | 11.4x | 1.4x |
| Thu, 31 Aug 2023 | PK₨168.1b | PK₨108.7b | PK₨14.3b | 10.7x | 11.7x | 1.5x |
| Sat, 29 Jul 2023 | PK₨174.5b | PK₨102.4b | PK₨14.5b | 13.7x | 12x | 1.7x |
Price to Earnings Ratio
12x
Current Industry PE
- Investors are pessimistic on the Pakistani Information Technology 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 14.3x which is lower than its 3-year average PE of 16.0x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 33% 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 Tech sector?
| PK Market | 0.82% | |
| Tech | -0.99% | |
| Software | 1.54% | |
| Tech Hardware | 0% | 0 |
| IT | -0.28% | |
| Communications | -3.91% | |
| Electronic Equipment and Components | -5.29% | |
Industry PE
- Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 18.0x.
- Analysts are expecting annual earnings growth of 22.3%, which is higher than its past year's earnings growth of 7.2% per year.
- Investors are most pessimistic about the Software industry, which is trading below its 3-year average of 11.8x.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 7.2% per year.
- In contrast, the IT industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| ITANZ ITANZ Technologies | PK₨41.14 | 18.7% +PK₨770.3m | n/a | n/a | |
| SELECT Select Technologies | PK₨29.09 | 1.0% +PK₨257.8m | n/a | PE14x | |
| NETSOL Netsol Technologies | PK₨121.64 | 1.5% +PK₨160.2m | -16.1% | PE3.8x | |
| OCTOPUS Octopus Digital | PK₨31.82 | 0.6% +PK₨31.5m | -40.9% | PE213.8x | |
| SYM Symmetry Group | PK₨11.50 | 0.9% +PK₨28.5m | -18.9% | PE18.1x |