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Qatari (QE) Market Analysis & Valuation
UpdatedMar 13, 2026
DataAggregated Company Financials
Companies53
- 7D-2.5%
- 3M-4.9%
- 1Y1.7%
- YTD-4.0%
Over the last 7 days, the market has dropped 2.5%, driven by a decline of 2.1% in the Financials sector. Overall the market has been flat in the last year. Earnings are forecast to grow by 6.3% annually.
Market Valuation and Performance
Has the Qatari Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 13 Mar 2026 | ر.ق617.6b | ر.ق203.8b | ر.ق51.2b | 11.5x | 12.1x | 3x |
| Sun, 08 Feb 2026 | ر.ق676.7b | ر.ق202.1b | ر.ق50.6b | 12.8x | 13.4x | 3.3x |
| Tue, 06 Jan 2026 | ر.ق653.9b | ر.ق201.4b | ر.ق50.7b | 12.3x | 12.9x | 3.2x |
| Thu, 04 Dec 2025 | ر.ق637.4b | ر.ق201.3b | ر.ق50.6b | 12.1x | 12.6x | 3.2x |
| Sat, 01 Nov 2025 | ر.ق651.9b | ر.ق202.2b | ر.ق50.8b | 12.5x | 12.8x | 3.2x |
| Mon, 29 Sep 2025 | ر.ق654.8b | ر.ق199.1b | ر.ق50.3b | 12.5x | 13x | 3.3x |
| Wed, 27 Aug 2025 | ر.ق676.8b | ر.ق199.1b | ر.ق50.3b | 12.9x | 13.5x | 3.4x |
| Fri, 25 Jul 2025 | ر.ق661.4b | ر.ق196.1b | ر.ق50.0b | 13.5x | 13.2x | 3.4x |
| Sun, 22 Jun 2025 | ر.ق605.2b | ر.ق196.7b | ر.ق49.5b | 11.9x | 12.2x | 3.1x |
| Tue, 20 May 2025 | ر.ق633.0b | ر.ق196.4b | ر.ق49.5b | 13.1x | 12.8x | 3.2x |
| Thu, 17 Apr 2025 | ر.ق600.0b | ر.ق196.1b | ر.ق49.2b | 12.4x | 12.2x | 3.1x |
| Sat, 15 Mar 2025 | ر.ق609.4b | ر.ق195.8b | ر.ق49.0b | 12.7x | 12.4x | 3.1x |
| Mon, 10 Feb 2025 | ر.ق619.7b | ر.ق195.8b | ر.ق47.7b | 13.4x | 13x | 3.2x |
| Wed, 08 Jan 2025 | ر.ق615.7b | ر.ق191.7b | ر.ق48.0b | 12.9x | 12.8x | 3.2x |
| Fri, 06 Dec 2024 | ر.ق615.5b | ر.ق191.7b | ر.ق48.0b | 13.1x | 12.8x | 3.2x |
| Sun, 03 Nov 2024 | ر.ق625.6b | ر.ق192.9b | ر.ق48.0b | 13.4x | 13x | 3.2x |
| Tue, 01 Oct 2024 | ر.ق620.7b | ر.ق189.8b | ر.ق47.0b | 13.9x | 13.2x | 3.3x |
| Thu, 29 Aug 2024 | ر.ق588.0b | ر.ق190.9b | ر.ق46.9b | 13x | 12.5x | 3.1x |
| Sat, 27 Jul 2024 | ر.ق585.2b | ر.ق190.3b | ر.ق46.7b | 13x | 12.5x | 3.1x |
| Mon, 24 Jun 2024 | ر.ق563.2b | ر.ق188.6b | ر.ق46.3b | 13.2x | 12.2x | 3x |
| Wed, 22 May 2024 | ر.ق561.9b | ر.ق188.7b | ر.ق46.3b | 13.2x | 12.1x | 3x |
| Fri, 19 Apr 2024 | ر.ق570.5b | ر.ق187.0b | ر.ق45.9b | 14x | 12.4x | 3.1x |
| Sun, 17 Mar 2024 | ر.ق590.4b | ر.ق184.9b | ر.ق45.4b | 13.8x | 13x | 3.2x |
| Tue, 13 Feb 2024 | ر.ق580.3b | ر.ق186.3b | ر.ق45.8b | 13.8x | 12.7x | 3.1x |
| Thu, 11 Jan 2024 | ر.ق610.6b | ر.ق185.6b | ر.ق45.2b | 14.4x | 13.5x | 3.3x |
| Sat, 09 Dec 2023 | ر.ق578.0b | ر.ق185.6b | ر.ق45.2b | 13.9x | 12.8x | 3.1x |
| Mon, 06 Nov 2023 | ر.ق586.6b | ر.ق188.4b | ر.ق45.7b | 14.1x | 12.8x | 3.1x |
| Wed, 04 Oct 2023 | ر.ق605.0b | ر.ق183.6b | ر.ق45.2b | 14.4x | 13.4x | 3.3x |
| Fri, 01 Sep 2023 | ر.ق602.9b | ر.ق185.0b | ر.ق45.5b | 13.7x | 13.2x | 3.3x |
| Sun, 30 Jul 2023 | ر.ق640.0b | ر.ق186.6b | ر.ق46.9b | 14.9x | 13.6x | 3.4x |
| Tue, 27 Jun 2023 | ر.ق592.9b | ر.ق186.0b | ر.ق46.6b | 13.4x | 12.7x | 3.2x |
| Thu, 25 May 2023 | ر.ق625.1b | ر.ق185.3b | ر.ق47.0b | 14.6x | 13.3x | 3.4x |
| Sat, 22 Apr 2023 | ر.ق576.5b | ر.ق182.5b | ر.ق46.9b | 13.8x | 12.3x | 3.2x |
| Mon, 20 Mar 2023 | ر.ق571.4b | ر.ق174.9b | ر.ق46.9b | 13.6x | 12.2x | 3.3x |
Price to Earnings Ratio
12.2x
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 12.8x.
Past Earnings Growth
- The earnings for Qatari listed companies have grown 3.0% per year over the last three years.
- Revenues for these companies have grown 5.2% 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 | -2.54% | |
| Healthcare | 3.11% | |
| Consumer Staples | 1.39% | |
| Consumer Discretionary | -1.72% | |
| Energy | -1.90% | |
| Utilities | -2.04% | |
| Financials | -2.10% | |
| Telecom | -3.02% | |
| Industrials | -3.24% | |
| Materials | -3.30% | |
| Tech | -4.50% | |
| Real Estate | -5.41% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 34.2x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
- The Consumer Discretionary sector is the least preferred by investors for future growth, which is trading below its 3-year average of 15.0x.
Forecasted Growth
- Analysts are most optimistic on the Financials sector, expecting annual earnings growth of 8.6% over the next 5 years.
- This is better than its past earnings growth rate of 5.3% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 60% 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 | Sector | |
|---|---|---|---|---|---|---|
| CBQK Commercial Bank (P.S.Q.C.) | ر.ق4.67 | 1.9% +ر.ق344.0m | 2.1% | PB0.7x | Financials | |
| MARK AlRayan Bank Q.P.S.C | ر.ق2.31 | 1.5% +ر.ق316.2m | 0.8% | PB0.8x | Financials | |
| DHBK Doha Bank Q.P.S.C | ر.ق3.03 | 3.1% +ر.ق282.1m | 54.5% | PB0.6x | Financials | |
| ZHCD Zad Holding Company Q.P.S.C | ر.ق14.60 | 3.5% +ر.ق140.8m | -2.0% | PE20.2x | Consumer Staples | |
| MPHC Mesaieed Petrochemical Holding Company Q.P.S.C | ر.ق1.03 | 1.0% +ر.ق125.6m | -26.0% | PE24.2x | Materials |
