Pakistani (KSE) Real Estate Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies8
- 7D4.4%
- 3M15.1%
- 1Y6.4%
- YTD6.3%
In the last week, the Real Estate industry is up 4.4%, with Dolmen City REIT up 6.0%. In the last 12 months, the industry was up 6.4%.
Sector Valuation and Performance
Has the Pakistani Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | PK₨58.4b | PK₨17.8b | PK₨13.0b | 5.7x | 4.5x | 3.3x |
| Tue, 16 Apr 2024 | PK₨52.8b | PK₨15.7b | PK₨12.9b | 4.4x | 4.1x | 3.4x |
| Thu, 14 Mar 2024 | PK₨51.3b | PK₨11.3b | PK₨5.1b | 4x | 10x | 4.5x |
| Sat, 10 Feb 2024 | PK₨51.7b | PK₨15.7b | PK₨12.2b | 3.2x | 4.2x | 3.3x |
| Mon, 08 Jan 2024 | PK₨53.6b | PK₨15.7b | PK₨12.2b | 3.3x | 4.4x | 3.4x |
| Wed, 06 Dec 2023 | PK₨53.5b | PK₨15.7b | PK₨12.2b | 3.2x | 4.4x | 3.4x |
| Fri, 03 Nov 2023 | PK₨51.9b | PK₨21.5b | PK₨20.5b | 2.9x | 2.5x | 2.4x |
| Sun, 01 Oct 2023 | PK₨54.8b | PK₨19.6b | PK₨13.9b | 3.9x | 3.9x | 2.8x |
| Tue, 29 Aug 2023 | PK₨53.5b | PK₨19.6b | PK₨13.9b | 3.6x | 3.8x | 2.7x |
| Thu, 27 Jul 2023 | PK₨54.0b | PK₨19.6b | PK₨13.9b | 4.1x | 3.9x | 2.8x |
| Sat, 24 Jun 2023 | PK₨51.9b | PK₨19.6b | PK₨13.9b | 3.7x | 3.7x | 2.7x |
| Mon, 22 May 2023 | PK₨54.0b | PK₨21.3b | PK₨15.1b | 6.3x | 3.6x | 2.5x |
| Wed, 19 Apr 2023 | PK₨55.3b | PK₨21.2b | PK₨15.4b | 6.4x | 3.6x | 2.6x |
| Fri, 17 Mar 2023 | PK₨57.7b | PK₨25.3b | PK₨19.7b | 4x | 2.9x | 2.3x |
| Sun, 12 Feb 2023 | PK₨57.7b | PK₨21.0b | PK₨19.3b | 4.4x | 3x | 2.7x |
| Tue, 10 Jan 2023 | PK₨58.1b | PK₨20.8b | PK₨19.0b | 4.1x | 3x | 2.8x |
| Thu, 08 Dec 2022 | PK₨61.2b | PK₨14.2b | PK₨14.9b | 8.3x | 4.1x | 4.3x |
| Sat, 05 Nov 2022 | PK₨62.4b | PK₨13.9b | PK₨13.7b | 7.7x | 4.5x | 4.5x |
| Mon, 03 Oct 2022 | PK₨62.1b | PK₨7.3b | PK₨13.7b | 5.1x | 4.5x | 8.5x |
| Wed, 31 Aug 2022 | PK₨60.7b | PK₨4.3b | PK₨12.2b | 3.7x | 5x | 14.2x |
| Fri, 29 Jul 2022 | PK₨57.3b | PK₨4.5b | PK₨8.7b | 5.9x | 6.6x | 12.7x |
| Sun, 26 Jun 2022 | PK₨57.0b | PK₨4.5b | PK₨8.7b | 5.9x | 6.6x | 12.6x |
| Tue, 24 May 2022 | PK₨58.1b | PK₨4.5b | PK₨8.7b | 5.9x | 6.7x | 12.9x |
| Thu, 21 Apr 2022 | PK₨65.0b | PK₨4.5b | PK₨8.7b | 5.9x | 7.5x | 14.4x |
| Sat, 19 Mar 2022 | PK₨59.4b | PK₨4.5b | PK₨8.7b | 5.9x | 6.8x | 13.2x |
| Mon, 14 Feb 2022 | PK₨62.5b | PK₨4.8b | PK₨9.0b | 9.8x | 7x | 13.1x |
| Wed, 12 Jan 2022 | PK₨61.0b | PK₨4.8b | PK₨9.0b | 11.2x | 6.8x | 12.8x |
| Fri, 10 Dec 2021 | PK₨60.4b | PK₨4.8b | PK₨9.0b | 11.2x | 6.7x | 12.7x |
| Sun, 07 Nov 2021 | PK₨67.3b | PK₨4.8b | PK₨9.0b | 11.2x | 7.5x | 14.1x |
| Tue, 05 Oct 2021 | PK₨66.1b | PK₨5.0b | PK₨9.0b | 15.4x | 7.3x | 13.3x |
| Thu, 02 Sep 2021 | PK₨61.4b | PK₨4.6b | PK₨7.1b | 4.3x | 8.7x | 13.4x |
| Sat, 31 Jul 2021 | PK₨52.5b | PK₨4.6b | PK₨7.1b | 4.3x | 7.4x | 11.5x |
Price to Earnings Ratio
6.1x
Current Industry PE
- Investors are pessimistic on the Pakistani Real Estate 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 4.5x which is lower than its 3-year average PE of 5.3x.
- The 3-year average PS ratio of 7.7x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 57% 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 Real Estate sector?
| PK Market | 2.64% | |
| Real Estate | 4.45% | |
| REITS | 6.04% | |
| Real Estate | 2.07% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
Industry PE
- Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 326x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 3.3x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DCR Dolmen City REIT | PK₨15.97 | 6.0% +PK₨2.0b | 15.7% | PB0.5x | |
| JVDC Javedan | PK₨38.46 | 4.2% +PK₨594.1m | -6.2% | PE5x | |
| FTSM First Tri-Star Modaraba | PK₨12.80 | 18.7% +PK₨42.7m | n/a | PE0.8x | |
| KOIL Kohinoor Industries | PK₨9.02 | 6.1% +PK₨15.8m | 20.3% | PE6.9x | |
| HUSI Husein Industries | PK₨18.81 | 7.5% +PK₨13.9m | 34.5% | PE7.9x |