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Tanzanian (DSEI) Market Analysis & Valuation

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies16
  • 7D-3.3%
  • 3M23.4%
  • 1Y76.2%
  • YTD47.7%

Over the last 7 days, the market has dropped 2.4%, driven by a decline of 3.4% in the Financials sector. In the last year, the market is actually up 77%.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026TSh22.3tTSh7.6tTSh1.9t21.6x11.6x2.9x
Fri, 20 Mar 2026TSh22.6tTSh7.6tTSh1.9t21.4x11.8x3x
Sun, 15 Feb 2026TSh22.0tTSh7.6tTSh1.9t23x11.5x2.9x
Tue, 13 Jan 2026TSh16.1tTSh7.4tTSh1.8t18x8.8x2.2x
Thu, 11 Dec 2025TSh13.5tTSh7.4tTSh1.8t12.9x7.4x1.8x
Sat, 08 Nov 2025TSh13.2tTSh7.3tTSh1.8t15.6x7.2x1.8x
Mon, 06 Oct 2025TSh13.2tTSh7.1tTSh1.8t16x7.5x1.9x
Wed, 03 Sep 2025TSh13.9tTSh7.1tTSh1.7t15.5x8.1x2x
Fri, 01 Aug 2025TSh13.5tTSh7.0tTSh1.7t14.6x8x1.9x
Sun, 29 Jun 2025TSh12.6tTSh6.7tTSh1.6t12.8x7.8x1.9x
Tue, 27 May 2025TSh13.0tTSh6.7tTSh1.6t10.3x8x1.9x
Thu, 24 Apr 2025TSh12.8tTSh6.6tTSh1.6t9.8x7.9x1.9x
Sat, 22 Mar 2025TSh12.6tTSh6.6tTSh1.6t9.8x7.8x1.9x
Mon, 17 Feb 2025TSh12.4tTSh6.6tTSh1.6t9.7x7.7x1.9x
Wed, 15 Jan 2025TSh12.0tTSh6.4tTSh1.6t9.9x7.7x1.9x
Fri, 13 Dec 2024TSh12.0tTSh6.4tTSh1.6t10.3x7.7x1.9x
Sun, 10 Nov 2024TSh12.2tTSh6.3tTSh1.6t10.8x7.5x1.9x
Tue, 08 Oct 2024TSh12.0tTSh6.2tTSh1.5t10.4x7.8x2x
Thu, 05 Sep 2024TSh12.2tTSh6.1tTSh1.5t9.9x8x2x
Sat, 03 Aug 2024TSh12.0tTSh6.1tTSh1.5t9.4x7.9x1.9x
Mon, 01 Jul 2024TSh11.6tTSh5.9tTSh1.4t7.4x8.1x2x
Wed, 29 May 2024TSh11.7tTSh5.8tTSh1.4t7.7x8.1x2x
Fri, 26 Apr 2024TSh11.6tTSh5.6tTSh1.4t7.3x8.5x2.1x
Sun, 24 Mar 2024TSh11.5tTSh5.6tTSh1.4t6.8x8.4x2.1x
Tue, 20 Feb 2024TSh11.4tTSh5.6tTSh1.4t6.6x8.4x2x
Thu, 18 Jan 2024TSh11.2tTSh5.4tTSh1.3t6.7x8.7x2.1x
Sat, 16 Dec 2023TSh11.2tTSh5.5tTSh1.3t7.6x8.7x2x
Mon, 13 Nov 2023TSh11.3tTSh5.4tTSh1.3t8x8.8x2.1x
Wed, 11 Oct 2023TSh11.3tTSh5.3tTSh1.2t7.4x9.1x2.1x
Fri, 08 Sep 2023TSh11.2tTSh5.3tTSh1.2t9.4x9x2.1x
Sun, 06 Aug 2023TSh10.8tTSh5.1tTSh1.2t8.9x9.1x2.1x
Tue, 04 Jul 2023TSh10.7tTSh4.2tTSh1.0t9.5x10.7x2.6x
Thu, 01 Jun 2023TSh10.8tTSh5.0tTSh1.1t8.6x9.5x2.2x
Sat, 29 Apr 2023TSh10.9tTSh4.9tTSh1.1t9.2x9.8x2.2x
Price to Earnings Ratio

9.8x


Total Market Cap: TSh10.9tTotal Earnings: TSh1.1tTotal Revenue: TSh4.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Tanzanian Market Price to Earnings3Y Average 8.5x202420252026
Current Market PE
  • Investors are optimistic on the Tanzanian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 11.6x which is higher than its 3-year average PE of 8.5x.
Past Earnings Growth
  • The earnings for Tanzanian listed companies have grown 20% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Tanzanian Market?

TZ Market-3.26%
Energy0%0
Industrials-0.38%
Consumer Staples-1.38%
Materials-1.62%
Telecom-1.88%
Financials-4.07%
Sector PE
  • Investors favour the Telecom sector the most for future growth even though it's trading below its 3-year average PE ratio of 30.9x.
    • 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. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 4.8x.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
TCC Tanzania CigaretteTSh12.52k1.0%
+TSh12.0b		-26.4%PE9.5xConsumer Staples
TOL TOL GasesTSh905.001.7%
+TSh862.6m		35.1%PE22.9xMaterials
TTP TatepaTSh610.003.4%
+TSh373.1m		408.3%PE-4.6xConsumer Staples
See more

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Latest News

CRDB
TSh2,760.00
CRDB Bank
7D
-7.4%
1Y
249.4%
NICO
TSh3,730.00
National Investment
7D
-5.8%
1Y
425.4%
VODA
TSh785.00
Vodacom Tanzania
7D
-1.9%
1Y
1.9%
NMB
TSh13,770.00
NMB Bank
7D
-0.2%
1Y
129.5%
TPCC
TSh7,260.00
Tanzania Portland Cement
7D
-1.8%
1Y
77.1%
DCB
TSh620.00
DCB Commercial Bank
7D
-10.8%
1Y
416.7%
TCC
TSh12,520.00
Tanzania Cigarette
7D
1.0%
1Y
-26.4%
TOL
TSh905.00
TOL Gases
7D
1.7%
1Y
35.1%
TBL
TSh9,870.00
Tanzania Breweries
7D
-2.4%
1Y
-9.4%
PAL
TSh450.00
Precision Air Services
7D
-14.3%
1Y
12.5%
TTP
TSh610.00
Tatepa
7D
3.4%
1Y
408.3%