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Palestinian (Al-Quds) Market Analysis & Valuation

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies36
  • 7D-0.4%
  • 3M-2.0%
  • 1Y19.9%
  • YTD-2.1%

In the last week, the market has been flat, with a notable exception in the Real Estate sector dropping 4.3%. As for the longer term, the market has risen 19% in the past 12 months. Earnings are forecast to grow by 3.1% annually.

Market Valuation and Performance

Has the Palestinian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026₪3.7b₪3.0b₪219.7m17.9x16.7x1.2x
Sun, 22 Feb 2026₪3.8b₪3.1b₪227.0m17.9x16.6x1.2x
Tue, 20 Jan 2026₪3.9b₪2.9b₪187.2m19.6x21.1x1.3x
Thu, 18 Dec 2025₪3.9b₪2.9b₪183.9m20.3x21x1.3x
Sat, 15 Nov 2025₪3.8b₪2.8b₪141.9m16.3x26.7x1.3x
Mon, 13 Oct 2025₪4.0b₪2.8b₪137.1m15.4x28.9x1.4x
Wed, 10 Sep 2025₪3.6b₪2.8b₪134.2m15.4x26.5x1.3x
Fri, 08 Aug 2025₪3.8b₪2.7b₪96.7m17.1x38.8x1.4x
Sun, 06 Jul 2025₪3.9b₪2.7b₪98.0m17.1x40x1.4x
Tue, 03 Jun 2025₪3.6b₪2.7b₪100.1m17.1x36.2x1.3x
Thu, 01 May 2025₪3.1b₪2.6b₪84.6m16.6x37.2x1.2x
Sat, 29 Mar 2025₪3.1b₪2.6b₪78.0m17.2x40.3x1.2x
Mon, 24 Feb 2025₪3.2b₪2.6b₪58.1m17.1x54.3x1.2x
Wed, 22 Jan 2025₪3.3b₪2.6b₪43.8m17.4x76.2x1.3x
Fri, 20 Dec 2024₪3.2b₪2.6b₪44.9m18.7x71.3x1.2x
Sun, 17 Nov 2024₪3.1b₪2.7b₪40.8m23.6x76.4x1.2x
Tue, 15 Oct 2024₪3.1b₪2.6b₪39.6m20.7x78x1.2x
Thu, 12 Sep 2024₪3.4b₪2.7b₪77.2m22x43.4x1.2x
Sat, 10 Aug 2024₪3.3b₪2.8b₪91.7m20.9x35.5x1.2x
Mon, 08 Jul 2024₪3.4b₪2.7b₪88.8m20.5x38.6x1.2x
Wed, 05 Jun 2024₪3.6b₪2.9b₪121.9m17.1x29.3x1.2x
Fri, 03 May 2024₪3.6b₪3.0b₪142.1m17.4x25x1.2x
Sun, 31 Mar 2024₪3.4b₪2.9b₪170.0m15.1x20.1x1.2x
Tue, 27 Feb 2024₪3.4b₪2.9b₪267.1m12.6x12.8x1.2x
Thu, 25 Jan 2024₪4.0b₪3.3b₪291.9m13.4x13.6x1.2x
Sat, 23 Dec 2023₪4.0b₪3.2b₪282.8m12.3x14.3x1.2x
Mon, 20 Nov 2023₪4.1b₪3.2b₪352.8m10.7x11.5x1.2x
Wed, 18 Oct 2023₪4.1b₪3.2b₪354.1m10.9x11.6x1.3x
Fri, 15 Sep 2023₪4.4b₪3.2b₪352.6m12x12.4x1.4x
Sun, 13 Aug 2023₪4.4b₪3.2b₪349.1m11.7x12.7x1.4x
Tue, 11 Jul 2023₪4.5b₪3.2b₪347.1m11.7x12.8x1.4x
Thu, 08 Jun 2023₪4.5b₪3.2b₪346.8m11.7x12.9x1.4x
Sat, 06 May 2023₪4.5b₪3.2b₪341.7m12.4x13.3x1.4x
Mon, 03 Apr 2023₪4.5b₪2.0b₪316.9m12.3x14.3x2.2x
Price to Earnings Ratio

14.3x


Total Market Cap: ₪4.5bTotal Earnings: ₪316.9mTotal Revenue: ₪2.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Palestinian Market Price to Earnings3Y Average 31.8x202420252026
Current Market PE
  • Investors are pessimistic on the Palestinian Territory, Occupied market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 16.6x which is lower than its 3-year average PE of 31.8x.
Past Earnings Growth
  • The earnings for Palestinian Territory, Occupied listed companies have declined 11% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Palestinian Market?

PS Market-0.37%
Industrials1.66%
Consumer Staples1.41%
Healthcare0.33%
Materials0%0
Consumer Discretionary0%0
Utilities0%0
Financials-0.18%
Telecom-0.55%
Real Estate-4.10%
Sector PE
  • Investors favour the Industrials sector the most for future growth which is trading above its 3-year average PE ratio.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 3.1% over the next 5 years.
  • However this is lower than its past earnings growth rate of 26% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 3.1% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
TNB National BankUS$1.396.9%
+US$10.2m
-4.1%PB0.9xFinancials
APIC Arab Palestinian InvestmentUS$1.801.7%
+US$4.8m
8.7%PE35.4xIndustrials
GMC Golden Wheat Mills P.L.Cد.أ1.849.5%
+د.أ2.4m
152.1%PE9.5xConsumer Staples
NIC National Insurance Company (Palestine)US$3.252.2%
+US$1.3m
17.3%PE11.9xFinancials
JPH Jerusalem PharmaceuticalsUS$4.851.0%
+US$900.0k
27.6%PE8.5xHealthcare
See more

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