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Pakistani (KSE) Market Analysis & Valuation

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies439
  • 7D4.2%
  • 3M9.9%
  • 1Y59.2%
  • YTD7.9%

The market is up 3.1% over the last week, with the Financials sector leading the way, up 6.3%. As for the past 12 months, the market is up 59%. Looking forward, earnings are forecast to grow by 13% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024PK₨9.7tPK₨21.6tPK₨1.7t6.3x5.6x0.5x
Fri, 17 May 2024PK₨9.8tPK₨21.6tPK₨1.8t5.8x5.4x0.5x
Sun, 14 Apr 2024PK₨9.5tPK₨21.2tPK₨1.9t5.6x5.1x0.4x
Tue, 12 Mar 2024PK₨9.2tPK₨20.9tPK₨1.8t5.7x5.1x0.4x
Thu, 08 Feb 2024PK₨9.2tPK₨20.3tPK₨1.7t5.7x5.4x0.5x
Sat, 06 Jan 2024PK₨9.3tPK₨20.3tPK₨1.7t6.1x5.5x0.5x
Mon, 04 Dec 2023PK₨8.8tPK₨20.2tPK₨1.7t6.1x5.3x0.4x
Wed, 01 Nov 2023PK₨7.4tPK₨19.6tPK₨1.6t5.4x4.6x0.4x
Fri, 29 Sep 2023PK₨6.9tPK₨19.3tPK₨1.4t5.3x4.7x0.4x
Sun, 27 Aug 2023PK₨7.0tPK₨19.2tPK₨1.4t5.7x4.9x0.4x
Tue, 25 Jul 2023PK₨6.9tPK₨19.2tPK₨1.4t5.9x5x0.4x
Thu, 22 Jun 2023PK₨6.1tPK₨19.0tPK₨1.4t5.3x4.5x0.3x
Sat, 20 May 2023PK₨6.2tPK₨18.8tPK₨1.3t5.3x4.6x0.3x
Mon, 17 Apr 2023PK₨6.0tPK₨18.2tPK₨1.3t5.4x4.6x0.3x
Wed, 15 Mar 2023PK₨6.3tPK₨17.9tPK₨1.3t5.3x4.7x0.4x
Fri, 10 Feb 2023PK₨6.5tPK₨17.3tPK₨1.4t5.3x4.8x0.4x
Sun, 08 Jan 2023PK₨6.5tPK₨17.2tPK₨1.4t5.5x4.8x0.4x
Tue, 06 Dec 2022PK₨6.6tPK₨17.1tPK₨1.3t5.7x4.9x0.4x
Thu, 03 Nov 2022PK₨6.7tPK₨16.8tPK₨1.3t5.7x5x0.4x
Sat, 01 Oct 2022PK₨6.7tPK₨15.2tPK₨1.4t5.8x4.9x0.4x
Mon, 29 Aug 2022PK₨7.1tPK₨13.9tPK₨1.4t5.7x5.1x0.5x
Wed, 27 Jul 2022PK₨6.7tPK₨13.7tPK₨1.4t5.4x4.8x0.5x
Fri, 24 Jun 2022PK₨7.0tPK₨13.4tPK₨1.4t5.6x5.1x0.5x
Sun, 22 May 2022PK₨7.1tPK₨13.0tPK₨1.3t5.7x5.3x0.5x
Tue, 19 Apr 2022PK₨7.7tPK₨12.4tPK₨1.3t6.2x5.9x0.6x
Thu, 17 Mar 2022PK₨7.4tPK₨12.3tPK₨1.3t5.8x5.6x0.6x
Sat, 12 Feb 2022PK₨7.8tPK₨11.7tPK₨1.2t6.8x6.3x0.7x
Mon, 10 Jan 2022PK₨7.7tPK₨11.6tPK₨1.2t7x6.2x0.7x
Wed, 08 Dec 2021PK₨7.3tPK₨11.6tPK₨1.2t6.7x5.9x0.6x
Fri, 05 Nov 2021PK₨8.0tPK₨11.5tPK₨1.2t7.4x6.5x0.7x
Sun, 03 Oct 2021PK₨7.7tPK₨10.8tPK₨1.1t8.4x6.9x0.7x
Tue, 31 Aug 2021PK₨8.2tPK₨10.5tPK₨1.1t9.3x7.7x0.8x
Wed, 07 Jul 2021PK₨8.2tPK₨10.5tPK₨1.1t9.1x7.7x0.8x
Price to Earnings Ratio

7.7x


Total Market Cap: PK₨8.2tTotal Earnings: PK₨1.1tTotal Revenue: PK₨10.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Pakistani Market Price to Earnings3Y Average 5.4x202220232024
Current Market PE
  • Investors are relatively neutral on the Pakistani 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 5.4x.
Past Earnings Growth
  • The earnings for Pakistani listed companies have grown 18% per year over the last three years.
  • Revenues for these companies have grown 27% 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 Pakistani Market?

PK Market4.17%
Energy7.56%
Financials7.27%
Healthcare6.31%
Tech5.69%
Materials4.70%
Utilities4.42%
Industrials2.54%
Real Estate1.11%
Telecom0.90%
Consumer Staples-0.30%
Consumer Discretionary-0.98%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 14.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 45.8%, which is higher than its past year's earnings growth of 5.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 71% over the next 5 years.
  • This is better than its past earnings growth rate of 24% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 4.0% 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
OGDC Oil and Gas DevelopmentPK₨131.2110.4%
+PK₨53.3b
74.9%PE2.4xEnergy
MEBL Meezan BankPK₨242.499.1%
+PK₨36.3b
189.6%PB2.2xFinancials
MCB MCB BankPK₨224.2613.9%
+PK₨32.5b
97.3%PB1.1xFinancials
UBL United BankPK₨239.819.7%
+PK₨26.0b
116.6%PB1.1xFinancials
MARI Mari PetroleumPK₨2.72k7.3%
+PK₨24.6b
80.8%PE5.4xEnergy
See more
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Market Insights

Last week, we looked at some of the reasons the healthcare sector has underperformed over the last few years...

Latest News

ILP

PK₨69.12

Interloop

7D

-15.1%

1Y

108.0%

LUCK

PK₨946.44

Lucky Cement

7D

5.6%

1Y

84.6%

EWIC

PK₨48.27

East West Insurance

7D

-8.5%

1Y

n/a

SRVI

PK₨998.80

Service Industries

7D

-0.7%

1Y

300.2%

PPL

PK₨119.76

Pakistan Petroleum

7D

7.1%

1Y

108.3%

OGDC

PK₨131.21

Oil and Gas Development

7D

10.4%

1Y

74.9%

ATLH

PK₨487.53

Atlas Honda

7D

-6.4%

1Y

97.1%

BAFL

PK₨66.12

Bank Alfalah

7D

15.0%

1Y

130.7%

UBL

PK₨239.81

United Bank

7D

9.7%

1Y

116.6%

ISIL

PK₨1,380.00

Ismail Industries

7D

-3.6%

1Y

n/a

GATM

PK₨20.35

Gul Ahmed Textile Mills

7D

-3.9%

1Y

17.5%

MARI

PK₨2,719.58

Mari Petroleum

7D

7.3%

1Y

80.8%

COLG

PK₨1,195.93

Colgate-Palmolive (Pakistan)

7D

-6.1%

1Y

-4.8%

MCB

PK₨224.26

MCB Bank

7D

13.9%

1Y

97.3%

MEBL

PK₨242.49

Meezan Bank

7D

9.1%

1Y

189.6%

KTML

PK₨81.01

Kohinoor Textile Mills

7D

-3.7%

1Y

56.5%