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Qatari (QE) Market Analysis & Valuation

UpdatedMar 18, 2025
DataAggregated Company Financials
Companies54
  • 7D-1.1%
  • 3M-1.5%
  • 1Y3.3%
  • YTD-1.1%

Over the last 7 days, the market has dropped 1.1%, driven by a decline of 1.4% in the Financials sector. As for the longer term, the market has actually risen by 3.3% in the last year. As for the next few years, earnings are expected to grow by 7.4% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Mar 2025ر.ق610.1bر.ق195.8bر.ق49.0b13.1x12.4x3.1x
Fri, 14 Feb 2025ر.ق620.7bر.ق195.2bر.ق49.0b13.7x12.7x3.2x
Sun, 12 Jan 2025ر.ق614.2bر.ق191.7bر.ق48.0b12.6x12.8x3.2x
Tue, 10 Dec 2024ر.ق616.4bر.ق191.7bر.ق48.0b13.2x12.8x3.2x
Thu, 07 Nov 2024ر.ق627.5bر.ق191.9bر.ق48.0b13.4x13.1x3.3x
Sat, 05 Oct 2024ر.ق613.9bر.ق189.8bر.ق47.0b13.8x13.1x3.2x
Mon, 02 Sep 2024ر.ق593.7bر.ق190.9bر.ق46.9b13.2x12.7x3.1x
Wed, 31 Jul 2024ر.ق587.4bر.ق190.3bر.ق46.7b13x12.6x3.1x
Fri, 28 Jun 2024ر.ق574.7bر.ق188.6bر.ق46.3b13x12.4x3x
Sun, 26 May 2024ر.ق553.2bر.ق188.7bر.ق46.3b13.1x12x2.9x
Tue, 23 Apr 2024ر.ق568.1bر.ق187.0bر.ق45.9b14.1x12.4x3x
Thu, 21 Mar 2024ر.ق588.8bر.ق184.9bر.ق45.5b13.7x12.9x3.2x
Sat, 17 Feb 2024ر.ق585.4bر.ق185.6bر.ق45.7b13.9x12.8x3.2x
Mon, 15 Jan 2024ر.ق611.8bر.ق185.6bر.ق45.5b14.4x13.4x3.3x
Wed, 13 Dec 2023ر.ق569.1bر.ق185.6bر.ق45.2b13.8x12.6x3.1x
Fri, 10 Nov 2023ر.ق585.8bر.ق185.6bر.ق45.2b14.2x13x3.2x
Sun, 08 Oct 2023ر.ق594.0bر.ق183.6bر.ق45.2b13.9x13.2x3.2x
Tue, 05 Sep 2023ر.ق598.9bر.ق185.0bر.ق45.5b13.7x13.2x3.2x
Thu, 03 Aug 2023ر.ق645.3bر.ق186.9bر.ق46.9b14.9x13.7x3.5x
Sat, 01 Jul 2023ر.ق592.9bر.ق186.0bر.ق46.6b13.4x12.7x3.2x
Mon, 29 May 2023ر.ق620.3bر.ق185.3bر.ق47.0b14.4x13.2x3.3x
Wed, 26 Apr 2023ر.ق576.5bر.ق180.2bر.ق46.9b13.8x12.3x3.2x
Fri, 24 Mar 2023ر.ق580.7bر.ق175.1bر.ق46.9b13.7x12.4x3.3x
Sun, 19 Feb 2023ر.ق595.6bر.ق185.8bر.ق47.6b14.3x12.5x3.2x
Tue, 17 Jan 2023ر.ق613.8bر.ق184.6bر.ق48.3b14.7x12.7x3.3x
Thu, 15 Dec 2022ر.ق625.7bر.ق183.0bر.ق48.0b14.5x13x3.4x
Sat, 12 Nov 2022ر.ق701.0bر.ق182.9bر.ق48.2b15.9x14.5x3.8x
Mon, 10 Oct 2022ر.ق724.9bر.ق177.7bر.ق48.0b16.7x15.1x4.1x
Wed, 07 Sep 2022ر.ق729.3bر.ق177.7bر.ق48.0b16.7x15.2x4.1x
Fri, 05 Aug 2022ر.ق743.6bر.ق176.7bر.ق44.7b17.7x16.6x4.2x
Sun, 03 Jul 2022ر.ق684.3bر.ق172.1bر.ق44.7b17x15.3x4x
Tue, 31 May 2022ر.ق726.8bر.ق172.1bر.ق44.7b17.5x16.2x4.2x
Thu, 28 Apr 2022ر.ق760.9bر.ق170.3bر.ق43.8b17.7x17.4x4.5x
Sat, 26 Mar 2022ر.ق779.1bر.ق167.6bر.ق42.9b18.1x18.2x4.6x
Price to Earnings Ratio

18.2x


Total Market Cap: ر.ق779.1bTotal Earnings: ر.ق42.9bTotal Revenue: ر.ق167.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Market Price to Earnings3Y Average 13.5x202320242025
Current Market PE
  • Investors are relatively neutral on the Qatari market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 13.5x.
Past Earnings Growth
  • The earnings for Qatari listed companies have grown 4.6% per year over the last three years.
  • Revenues for these companies have grown 5.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Qatari Market?

QA Market-1.12%
Healthcare3.93%
Consumer Discretionary2.60%
Industrials0.36%
Materials-0.06%
Consumer Staples-0.11%
Real Estate-0.20%
Energy-0.79%
Financials-1.38%
Tech-1.54%
Utilities-2.11%
Telecom-4.58%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 34.1x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 12.6x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 10% over the next 5 years.
  • However this is lower than its past earnings growth rate of 21% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 3.6% 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
ERES Ezdan Holding Group Q.P.S.Cر.ق1.014.7%
+ر.ق1.2b		18.9%PE253.9xReal Estate
IGRD Estithmar Holding Q.P.S.Cر.ق2.1311.8%
+ر.ق840.5m		21.8%PE19.7xIndustrials
QGTS Qatar Gas Transport Company Limited (Nakilat) (QPSC)ر.ق4.823.2%
+ر.ق831.0m		12.6%PE16.3xEnergy
QNNS Qatar Navigation Q.P.S.Cر.ق10.823.2%
+ر.ق386.3m		-4.3%PE11xIndustrials
QAMC Qatar Aluminium Manufacturing Company Q.P.S.Cر.ق1.312.8%
+ر.ق200.9m		0.9%PE11.9xMaterials
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IGRD

ر.ق2.13

Estithmar Holding Q.P.S.C

7D

11.8%

1Y

21.8%

Estithmar Holding Q.P.S.C.'s (DSM:IGRD) 27% Share Price Surge Not Quite Adding Up

Mar 17
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MCCS

ر.ق3.62

Mannai Corporation Q.P.S.C

7D

-5.9%

1Y

-13.6%

ERES

ر.ق1.01

Ezdan Holding Group Q.P.S.C

7D

4.7%

1Y

18.9%

QNNS

ر.ق10.82

Qatar Navigation Q.P.S.C

7D

3.2%

1Y

-4.3%

Here's Why Qatar Navigation Q.P.S.C (DSM:QNNS) Has Caught The Eye Of Investors

Mar 14
Here's Why Qatar Navigation Q.P.S.C (DSM:QNNS) Has Caught The Eye Of Investors

ORDS

ر.ق11.96

Ooredoo Q.P.S.C

7D

-5.3%

1Y

11.7%

QIIK

ر.ق10.70

Qatar International Islamic Bank (Q.P.S.C)

7D

-0.5%

1Y

-3.1%

DHBK

ر.ق1.95

Doha Bank Q.P.S.C

7D

-2.2%

1Y

26.9%

DUBK

ر.ق3.63

Dukhan Bank Q.P.S.C

7D

0.7%

1Y

-10.0%

MPHC

ر.ق1.42

Mesaieed Petrochemical Holding Company Q.P.S.C

7D

0.8%

1Y

-26.1%

Capital Allocation Trends At Mesaieed Petrochemical Holding Company Q.P.S.C (DSM:MPHC) Aren't Ideal

Mar 05
Capital Allocation Trends At Mesaieed Petrochemical Holding Company Q.P.S.C (DSM:MPHC) Aren't Ideal

CBQK

ر.ق4.54

Commercial Bank (P.S.Q.C.)

7D

-0.8%

1Y

-10.4%

QGTS

ر.ق4.82

Qatar Gas Transport Company Limited (Nakilat) (QPSC)

7D

3.2%

1Y

12.6%

QAMC

ر.ق1.31

Qatar Aluminium Manufacturing Company Q.P.S.C

7D

2.8%

1Y

0.9%

VFQS

ر.ق1.99

Vodafone Qatar P.Q.S.C

7D

1.9%

1Y

13.1%

QEWS

ر.ق14.96

Qatar Electricity & Water Company Q.P.S.C

7D

-0.6%

1Y

-8.5%

QNBK

ر.ق16.37

Qatar National Bank (Q.P.S.C.)

7D

-1.0%

1Y

11.4%

QIBK

ر.ق20.85

Qatar Islamic Bank (Q.P.S.C.)

7D

-1.1%

1Y

6.9%