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Palestinian (Al-Quds) Market Analysis & Valuation

UpdatedMay 12, 2026
DataAggregated Company Financials
Companies37
  • 7D2.7%
  • 3M0.8%
  • 1Y25.8%
  • YTD1.5%

The market has climbed 2.7% in the last 7 days, lead by the Financials sector with a gain of 3.5%. In the last year, the market has climbed 26%. As for the next few years, earnings are expected to grow by 8.4% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 13 May 2026₪3.9b₪3.1b₪222.1m19.2x17.5x1.3x
Fri, 10 Apr 2026₪3.7b₪3.0b₪218.7m18.9x17.1x1.2x
Sun, 08 Mar 2026₪3.7b₪3.1b₪225.9m17.8x16.4x1.2x
Tue, 03 Feb 2026₪3.9b₪3.0b₪188.5m19.7x20.6x1.3x
Thu, 01 Jan 2026₪3.8b₪2.9b₪187.2m20x20.4x1.3x
Sat, 29 Nov 2025₪3.8b₪2.9b₪154.5m20.9x24.3x1.3x
Mon, 27 Oct 2025₪3.9b₪2.8b₪138.9m15.4x28.3x1.4x
Wed, 24 Sep 2025₪3.7b₪2.8b₪133.9m14.9x27.7x1.3x
Fri, 22 Aug 2025₪3.7b₪2.8b₪132.0m15.4x27.9x1.3x
Sun, 20 Jul 2025₪4.0b₪2.7b₪96.4m16.9x41.2x1.5x
Tue, 17 Jun 2025₪3.7b₪2.7b₪100.5m17.1x36.5x1.3x
Thu, 15 May 2025₪3.3b₪2.6b₪78.1m15.8x42.4x1.3x
Sat, 12 Apr 2025₪3.0b₪2.6b₪81.3m17.2x37.3x1.2x
Mon, 10 Mar 2025₪3.1b₪2.6b₪73.8m17.5x42.5x1.2x
Wed, 05 Feb 2025₪3.2b₪2.5b₪42.3m16.9x75.1x1.3x
Fri, 03 Jan 2025₪3.3b₪2.6b₪44.9m17.8x72.8x1.3x
Sun, 01 Dec 2024₪3.1b₪2.6b₪45.3m18.1x68.3x1.2x
Tue, 29 Oct 2024₪3.1b₪2.6b₪35.0m21.3x87.4x1.2x
Thu, 26 Sep 2024₪3.2b₪2.6b₪37.4m20.5x84.2x1.2x
Sat, 24 Aug 2024₪3.3b₪2.8b₪91.3m20.6x36.3x1.2x
Mon, 22 Jul 2024₪3.4b₪2.8b₪92.3m20.2x37.2x1.2x
Wed, 19 Jun 2024₪3.6b₪2.8b₪102.1m20.5x34.9x1.3x
Fri, 17 May 2024₪3.5b₪2.9b₪137.4m16.7x25.4x1.2x
Sun, 14 Apr 2024₪3.4b₪2.9b₪167.5m14.9x20.4x1.2x
Tue, 12 Mar 2024₪3.4b₪3.0b₪227.1m13.2x15.2x1.1x
Thu, 08 Feb 2024₪3.5b₪3.0b₪261.8m13.4x13.5x1.2x
Sat, 06 Jan 2024₪4.1b₪3.2b₪283.2m13.8x14.3x1.3x
Mon, 04 Dec 2023₪4.0b₪3.2b₪332.6m10.8x12.1x1.2x
Wed, 01 Nov 2023₪4.2b₪3.2b₪353.8m10.6x11.7x1.3x
Fri, 29 Sep 2023₪4.4b₪3.2b₪354.1m11.7x12.3x1.3x
Sun, 27 Aug 2023₪4.4b₪3.3b₪352.5m12x12.5x1.4x
Tue, 25 Jul 2023₪4.4b₪3.2b₪347.1m11.7x12.8x1.4x
Thu, 22 Jun 2023₪4.5b₪3.2b₪347.6m11.8x12.8x1.4x
Sat, 20 May 2023₪4.5b₪3.2b₪341.7m12.2x13.2x1.4x
Price to Earnings Ratio

13.2x


Total Market Cap: ₪4.5bTotal Earnings: ₪341.7mTotal Revenue: ₪3.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Palestinian Market Price to Earnings3Y Average 32x202420252026
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 17.5x which is lower than its 3-year average PE of 32.0x.
Past Earnings Growth
  • The earnings for Palestinian Territory, Occupied listed companies have declined 13% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Palestinian Market?

PS Market2.71%
Telecom3.57%
Financials3.45%
Healthcare2.02%
Industrials1.88%
Consumer Staples0.74%
Materials0%0
Consumer Discretionary0%0
Utilities0%0
Real Estate-0.90%
Sector PE
  • Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 32.4x.
    • 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 8.4% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 8.4% 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
PADICO Palestine Development & InvestmentUS$1.967.7%
+US$35.0m
45.2%PE316.1xFinancials
BOP Bank of PalestineUS$1.535.5%
+US$22.4m
6.1%PB0.7xFinancials
TNB National BankUS$1.5014.5%
+US$21.5m
15.4%PB0.9xFinancials
ARKAAN Arkaan Real Estate P.L.CUS$2.146.5%
+US$17.1m
47.6%PE16.1xReal Estate
OOREDOO Wataniya Palestine Mobile Telecommunication - Public ShareholdingUS$1.845.1%
+US$15.9m
54.0%PE22.7xTelecom
See more

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