Zimbabwean (ZSE) Market Analysis & Valuation

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 06 Jul 2025	Z$19.0b	Z$4.5b	Z$3.5b	1127.8x	5.4x	4.2x
Tue, 03 Jun 2025	Z$19.5b	Z$1.3b	Z$1.6b	1230.6x	12.3x	14.7x
Thu, 01 May 2025	Z$17.7b	Z$269.0b	Z$41.4b	0.3x	0.4x	0.07x
Sat, 29 Mar 2025	Z$17.7b	Z$269.0b	Z$41.4b	0.3x	0.4x	0.07x
Mon, 24 Feb 2025	Z$17.7b	Z$269.0b	Z$41.4b	0.3x	0.4x	0.07x
Wed, 22 Jan 2025	Z$19.3b	Z$810.1b	Z$91.4b	0.2x	0.2x	0.02x
Fri, 20 Dec 2024	Z$20.0b	Z$810.1b	Z$91.4b	0.2x	0.2x	0.02x
Sun, 17 Nov 2024	Z$28.0b	Z$993.6b	Z$87.3b	0.3x	0.3x	0.03x
Tue, 15 Oct 2024	Z$26.9b	Z$986.0b	Z$80.0b	0.4x	0.3x	0.03x
Thu, 12 Sep 2024	Z$26.6b	Z$986.7b	Z$80.2b	0.7x	0.3x	0.03x
Sat, 10 Aug 2024	Z$21.1b	Z$986.7b	Z$80.2b	0.6x	0.3x	0.02x
Mon, 08 Jul 2024	Z$14.5b	Z$1.0t	Z$80.2b	0.4x	0.2x	0.01x
Wed, 05 Jun 2024	Z$11.4b	Z$1.0t	Z$80.2b	0.3x	0.1x	0.01x
Fri, 03 May 2024	Z$10.4b	Z$2.3t	Z$382.6b	0.03x	0.03x	0.004x
Sun, 31 Mar 2024	Z$23.9t	Z$1.9t	Z$382.6b	63.6x	62.4x	12.7x
Tue, 27 Feb 2024	Z$11.5t	Z$1.9t	Z$383.0b	28x	30.1x	6.1x
Thu, 25 Jan 2024	Z$11.6t	Z$1.5t	Z$348.2b	30.9x	33.4x	7.6x
Sat, 23 Dec 2023	Z$5.1t	Z$1.5t	Z$348.2b	30.9x	14.8x	3.4x
Mon, 20 Nov 2023	Z$985.7b	Z$413.7b	Z$13.1b	41.8x	75x	2.4x
Wed, 18 Oct 2023	Z$1.0t	Z$305.6b	Z$13.4b	43.8x	76.9x	3.4x
Fri, 15 Sep 2023	Z$965.5b	Z$305.0b	Z$13.0b	31.2x	74.4x	3.2x
Sun, 13 Aug 2023	Z$842.3b	Z$305.0b	Z$13.0b	25.1x	64.9x	2.8x
Tue, 11 Jul 2023	Z$977.6b	Z$305.0b	Z$13.0b	24.8x	75.3x	3.2x
Thu, 08 Jun 2023	Z$785.3b	Z$288.8b	Z$10.8b	22.8x	72.7x	2.7x
Sat, 06 May 2023	Z$523.9b	Z$235.2b	Z$17.9b	48x	29.2x	2.2x
Mon, 03 Apr 2023	Z$469.1b	Z$226.8b	Z$17.6b	30.9x	26.6x	2.1x
Wed, 01 Mar 2023	Z$454.5b	Z$226.8b	Z$17.6b	30.9x	25.8x	2x
Fri, 27 Jan 2023	Z$370.4b	Z$185.8b	Z$15.3b	29.2x	24.2x	2x
Sun, 25 Dec 2022	Z$331.1b	Z$186.2b	Z$13.2b	24.2x	25x	1.8x
Tue, 22 Nov 2022	Z$282.2b	Z$186.2b	Z$13.2b	20.7x	21.3x	1.5x
Thu, 20 Oct 2022	Z$299.7b	Z$186.2b	Z$13.2b	21.9x	22.6x	1.6x
Sat, 17 Sep 2022	Z$178.5b	Z$85.2b	Z$5.7b	22x	31.2x	2.1x
Mon, 15 Aug 2022	Z$294.1b	Z$85.2b	Z$5.7b	37x	51.5x	3.5x
Wed, 13 Jul 2022	Z$313.5b	Z$74.7b	Z$6.2b	40.1x	50.3x	4.2x

Current Market PE

Investors are pessimistic on the Zimbabwean market, indicating that they anticipate earnings will not grow as fast as they have historically.

The market is trading at a PE ratio of 5.4x which is lower than its 3-year average PE of 27.2x.

Past Earnings Growth

The earnings for companies in the Zimbabwean industry have declined 17% per year over the last three years.
Revenues have also declined 61% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the Zimbabwean Market?


ZW Market	0.47%
Materials	15.12%
Industrials	4.95%
Consumer Discretionary	0%	0
Consumer Staples	-0.023%
Financials	-3.40%

Sector PE

Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 224x.

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.

Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.