Pakistani (KSE) Market Analysis & Valuation
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies428
- 7D0.7%
- 3M3.1%
- 1Y12.2%
- YTD14.7%
The Consumer Discretionary sector gained 3.9% while the market remained flat over the last week. Meanwhile, the market is actually up 11% over the past year. Looking forward, earnings are forecast to grow by 3.3% annually.
Market Valuation and Performance
Has the Pakistani Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | PK₨7.4t | PK₨19.4t | PK₨1.6t | 5.4x | 4.7x | 0.4x |
| Thu, 28 Sep 2023 | PK₨6.9t | PK₨19.3t | PK₨1.5t | 5.2x | 4.7x | 0.4x |
| Sat, 26 Aug 2023 | PK₨7.0t | PK₨19.2t | PK₨1.4t | 5.7x | 4.9x | 0.4x |
| Mon, 24 Jul 2023 | PK₨6.9t | PK₨19.2t | PK₨1.4t | 5.9x | 5x | 0.4x |
| Wed, 21 Jun 2023 | PK₨6.2t | PK₨19.0t | PK₨1.3t | 5.3x | 4.6x | 0.3x |
| Fri, 19 May 2023 | PK₨6.2t | PK₨18.8t | PK₨1.3t | 5.2x | 4.6x | 0.3x |
| Sun, 16 Apr 2023 | PK₨6.0t | PK₨18.1t | PK₨1.3t | 5.4x | 4.6x | 0.3x |
| Tue, 14 Mar 2023 | PK₨6.4t | PK₨17.9t | PK₨1.3t | 5.3x | 4.7x | 0.4x |
| Thu, 09 Feb 2023 | PK₨6.5t | PK₨17.3t | PK₨1.4t | 5.2x | 4.8x | 0.4x |
| Sat, 07 Jan 2023 | PK₨6.5t | PK₨17.2t | PK₨1.4t | 5.4x | 4.8x | 0.4x |
| Mon, 05 Dec 2022 | PK₨6.7t | PK₨17.1t | PK₨1.3t | 5.8x | 4.9x | 0.4x |
| Wed, 02 Nov 2022 | PK₨6.7t | PK₨16.8t | PK₨1.3t | 5.7x | 5x | 0.4x |
| Fri, 30 Sep 2022 | PK₨6.7t | PK₨15.2t | PK₨1.4t | 5.8x | 4.9x | 0.4x |
| Sun, 28 Aug 2022 | PK₨7.1t | PK₨13.9t | PK₨1.4t | 5.7x | 5x | 0.5x |
| Tue, 26 Jul 2022 | PK₨6.7t | PK₨13.7t | PK₨1.4t | 5.3x | 4.8x | 0.5x |
| Thu, 23 Jun 2022 | PK₨7.0t | PK₨13.4t | PK₨1.4t | 5.5x | 5x | 0.5x |
| Sat, 21 May 2022 | PK₨7.1t | PK₨13.0t | PK₨1.3t | 5.7x | 5.3x | 0.5x |
| Mon, 18 Apr 2022 | PK₨7.7t | PK₨12.4t | PK₨1.3t | 6.3x | 5.9x | 0.6x |
| Wed, 16 Mar 2022 | PK₨7.4t | PK₨12.3t | PK₨1.3t | 5.8x | 5.6x | 0.6x |
| Fri, 11 Feb 2022 | PK₨7.8t | PK₨11.7t | PK₨1.2t | 6.8x | 6.2x | 0.7x |
| Sun, 09 Jan 2022 | PK₨7.7t | PK₨11.6t | PK₨1.2t | 7x | 6.2x | 0.7x |
| Tue, 07 Dec 2021 | PK₨7.3t | PK₨11.6t | PK₨1.2t | 6.7x | 5.9x | 0.6x |
| Thu, 04 Nov 2021 | PK₨8.0t | PK₨11.6t | PK₨1.2t | 7.5x | 6.5x | 0.7x |
| Sat, 02 Oct 2021 | PK₨7.7t | PK₨10.8t | PK₨1.1t | 8.4x | 6.9x | 0.7x |
| Mon, 30 Aug 2021 | PK₨8.1t | PK₨10.5t | PK₨1.1t | 9.4x | 7.7x | 0.8x |
| Tue, 06 Jul 2021 | PK₨8.2t | PK₨10.5t | PK₨1.1t | 9.1x | 7.7x | 0.8x |
| Fri, 09 Apr 2021 | PK₨7.8t | PK₨9.9t | PK₨981.5b | 8.9x | 7.9x | 0.8x |
| Thu, 31 Dec 2020 | PK₨7.9t | PK₨9.1t | PK₨816.5b | 10.7x | 9.7x | 0.9x |
Price to Earnings Ratio
10x
Current Market PE
- Investors are pessimistic on the Pakistani market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 4.7x which is lower than its 3-year average PE of 6.2x.
Past Earnings Growth
- The earnings for Pakistani listed companies have grown 29% per year over the last three years.
- Revenues for these companies have grown 29% 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 Market | 0.74% | |
| Consumer Discretionary | 3.62% | |
| Financials | 2.70% | |
| Consumer Staples | 1.00% | |
| Utilities | 0.31% | |
| Industrials | 0.21% | |
| Materials | -0.0036% | |
| Telecom | -0.70% | |
| Real Estate | -0.83% | |
| Healthcare | -1.12% | |
| Tech | -1.67% | |
| Energy | -1.88% | |
Sector PE
- Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 13.6x.
- It looks like investors are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 105% over the next 5 years.
- This is better than its past earnings decline of 5.9% per year.
- In contrast, the Utilities sector is expected to see its earnings decline by 10% 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 | |
|---|---|---|---|---|---|---|
| SCBPL Standard Chartered Bank (Pakistan) | PK₨32.65 | 16.6% +PK₨18.0b | 64.9% | PB1.3x | Financials | |
| PAKT Pakistan Tobacco | PK₨800.00 | 8.5% +PK₨16.0b | -8.5% | PE8.6x | Consumer Staples | |
| IBFL Ibrahim Fibres | PK₨300.00 | 19.4% +PK₨15.1b | 50.0% | PE73.4x | Consumer Discretionary | |
| BAHL Bank AL Habib | PK₨67.97 | 24.8% +PK₨15.0b | 28.1% | PB0.8x | Financials | |
| PSMC Pak Suzuki Motor | PK₨341.67 | 43.6% +PK₨8.5b | 123.3% | PS0.2x | Consumer Discretionary |
Market Insights
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