Pakistani (KSE) Financials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies85
- 7D4.9%
- 3M18.5%
- 1Y81.6%
- YTD17.3%
United Bank is up 9.7%, leading the way for the Financials industry, which has gained 4.9%. This means that the industry has gained 82% over the past year. Looking forward, earnings are forecast to grow by 3.2% annually.
Sector Valuation and Performance
Has the Pakistani Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | PK₨2.2t | PK₨2.7t | PK₨654.4b | 4x | 3.3x | 0.8x |
| Tue, 16 Apr 2024 | PK₨2.1t | PK₨2.6t | PK₨627.8b | 4.3x | 3.4x | 0.8x |
| Thu, 14 Mar 2024 | PK₨1.9t | PK₨2.4t | PK₨592.2b | 4x | 3.2x | 0.8x |
| Sat, 10 Feb 2024 | PK₨1.8t | PK₨2.2t | PK₨547.2b | 4.2x | 3.4x | 0.8x |
| Mon, 08 Jan 2024 | PK₨1.8t | PK₨2.2t | PK₨545.5b | 4.1x | 3.4x | 0.8x |
| Wed, 06 Dec 2023 | PK₨1.8t | PK₨2.2t | PK₨545.1b | 4.5x | 3.3x | 0.8x |
| Fri, 03 Nov 2023 | PK₨1.6t | PK₨2.2t | PK₨533.2b | 3.7x | 2.9x | 0.7x |
| Sun, 01 Oct 2023 | PK₨1.4t | PK₨2.0t | PK₨471.3b | 4.4x | 2.9x | 0.7x |
| Tue, 29 Aug 2023 | PK₨1.4t | PK₨1.9t | PK₨426.9b | 5x | 3.4x | 0.8x |
| Thu, 27 Jul 2023 | PK₨1.4t | PK₨1.8t | PK₨390.2b | 4.8x | 3.6x | 0.8x |
| Sat, 24 Jun 2023 | PK₨1.1t | PK₨1.8t | PK₨380.2b | 3.7x | 3x | 0.6x |
| Mon, 22 May 2023 | PK₨1.2t | PK₨1.8t | PK₨373.2b | 4.2x | 3.2x | 0.7x |
| Wed, 19 Apr 2023 | PK₨1.2t | PK₨1.7t | PK₨335.3b | 4.6x | 3.5x | 0.7x |
| Fri, 17 Mar 2023 | PK₨1.2t | PK₨1.6t | PK₨333.9b | 5.1x | 3.7x | 0.7x |
| Sun, 12 Feb 2023 | PK₨1.2t | PK₨1.6t | PK₨303.7b | 4.9x | 4.1x | 0.8x |
| Tue, 10 Jan 2023 | PK₨1.2t | PK₨1.6t | PK₨303.3b | 4.7x | 3.9x | 0.8x |
| Thu, 08 Dec 2022 | PK₨1.3t | PK₨1.5t | PK₨301.7b | 5.2x | 4.2x | 0.8x |
| Sat, 05 Nov 2022 | PK₨1.2t | PK₨1.5t | PK₨294.3b | 5.1x | 4.2x | 0.8x |
| Mon, 03 Oct 2022 | PK₨1.3t | PK₨1.4t | PK₨286.3b | 5.2x | 4.5x | 0.9x |
| Wed, 31 Aug 2022 | PK₨1.4t | PK₨1.4t | PK₨303.9b | 5.2x | 4.5x | 1x |
| Fri, 29 Jul 2022 | PK₨1.3t | PK₨1.3t | PK₨317.5b | 5.1x | 4.1x | 1x |
| Sun, 26 Jun 2022 | PK₨1.3t | PK₨1.4t | PK₨317.7b | 5x | 4.2x | 1x |
| Tue, 24 May 2022 | PK₨1.5t | PK₨1.3t | PK₨315.9b | 5.3x | 4.7x | 1.1x |
| Thu, 21 Apr 2022 | PK₨1.6t | PK₨1.3t | PK₨302.5b | 5.9x | 5.2x | 1.2x |
| Sat, 19 Mar 2022 | PK₨1.6t | PK₨1.3t | PK₨300.8b | 5.6x | 5.2x | 1.2x |
| Mon, 14 Feb 2022 | PK₨1.7t | PK₨1.2t | PK₨285.8b | 6.7x | 5.8x | 1.3x |
| Wed, 12 Jan 2022 | PK₨1.7t | PK₨1.2t | PK₨283.5b | 6.7x | 5.9x | 1.3x |
| Fri, 10 Dec 2021 | PK₨1.6t | PK₨1.2t | PK₨283.5b | 6x | 5.6x | 1.3x |
| Sun, 07 Nov 2021 | PK₨1.7t | PK₨1.2t | PK₨283.6b | 6.3x | 5.9x | 1.4x |
| Tue, 05 Oct 2021 | PK₨1.6t | PK₨1.3t | PK₨287.2b | 7.8x | 5.5x | 1.3x |
| Thu, 02 Sep 2021 | PK₨1.6t | PK₨1.3t | PK₨285.4b | 7.7x | 5.5x | 1.2x |
| Sat, 31 Jul 2021 | PK₨1.6t | PK₨1.3t | PK₨285.4b | 7.7x | 5.5x | 1.2x |
Price to Earnings Ratio
5.5x
Current Industry PE
- Investors are pessimistic on the Pakistani Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 3.3x which is lower than its 3-year average PE of 4.3x.
- The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 32% per year over the last three years.
- Revenues for these companies have grown 30% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Pakistani Financials sector?
| PK Market | 2.64% | |
| Financials | 4.95% | |
| Insurance | 5.33% | |
| Banks | 5.04% | |
| Capital Markets | 2.63% | |
| Diversified Financial | 2.56% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | -0.29% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 4.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 4.1x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 3.2% over the next 5 years.
- In contrast, the Banks industry is expected to see its earnings grow by 3.2% 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 | |
|---|---|---|---|---|---|
| UBL United Bank | PK₨213.93 | 9.7% +PK₨23.2b | 80.7% | PB1x | |
| MEBL Meezan Bank | PK₨223.49 | 5.8% +PK₨21.8b | 140.4% | PB2x | |
| MCB MCB Bank | PK₨216.38 | 6.5% +PK₨15.6b | 87.4% | PB1.1x | |
| BAHL Bank AL Habib | PK₨102.00 | 6.6% +PK₨7.1b | 131.6% | PB0.9x | |
| BAFL Bank Alfalah | PK₨62.43 | 6.6% +PK₨6.1b | 104.1% | PB0.7x |