PSX Sector Valuations

Sector P/E against the index Top 18 sectors by index weight. Bars below the dashed line are cheaper than the KSE-100 aggregate of 9.09×; bars beyond it are dearer. 3 sectors with no positive TTM P/E are omitted.

How the Pakistani market is priced, sector by sector — the trailing valuation of every KSE-100 sector, computed from PSX-official data for all 100 constituents. Use it to see which parts of the market are cheap or expensive on earnings, and where profitability sits.

How to read it. P/E (TTM) is the trailing price-to-earnings ratio, free-float market-cap weighted within each sector (the index-consistent basis) — not a simple average, so large names dominate as they do in the index. Earnings yield is its inverse (1 ÷ P/E), directly comparable to bond and T-bill yields. Constituents for which PSX publishes no positive TTM P/E (loss-makers, holding companies) are excluded from the P/E aggregate — their count is shown as a superscript. A sector whose aggregate P/E is distorted by a single near-breakeven name is marked n/m (not meaningful). Figures are the latest close; this is a reference snapshot, not investment advice.

IndexKSE-100

Constituents100

Sectors35

As of02 Sep 2026

SourcePSX

Sector	Cos.	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Commercial Banks	13¹	30.85%	1,536.4	7.52	13.29%
Oil & Gas Exploration Companies	4	12.53%	623.7	8.10	12.34%
Fertilizer	4	12.19%	607.5	10.23	9.78%
Cement	9	8.72%	434.1	10.64	9.40%
Inv. Banks / Inv. Cos. / Securities Cos.	2	5.33%	265.5	43.81	2.28%
Power Generation & Distribution	4	4.97%	248.0	11.98	8.35%
Technology & Communication	5¹	4.08%	202.6	24.78	4.04%
Automobile Assembler	7	3.66%	182.1	6.86	14.57%
Oil & Gas Marketing Companies	4¹	2.80%	139.2	4.07	24.59%
Food & Personal Care Products	7	2.43%	120.7	16.16	6.19%
Pharmaceuticals	7	2.41%	120.0	13.30	7.52%
Refinery	2	1.43%	71.4	5.57	17.95%
Textile Composite	4	1.35%	66.9	10.41	9.61%
Miscellaneous	3	0.94%	46.7	18.89	5.29%
Leather & Tanneries	1	0.92%	46.1	9.79	10.21%
Real Estate Investment Trust	2¹	0.72%	35.9	17.36	5.76%
Chemical	2	0.62%	30.7	9.87	10.14%
Property	1	0.55%	27.6	13.90	7.19%
Glass & Ceramics	2	0.54%	26.9	6.39	15.65%
Engineering	2	0.48%	23.8	11.85	8.44%
Cable & Electrical Goods	1	0.40%	19.7	10.85	9.22%
Insurance	1	0.39%	19.6	6.35	15.75%
Automobile Parts & Accessories	1	0.37%	18.3	4.95	20.20%
Tobacco	1	0.35%	17.5	10.41	9.61%
Paper, Board & Packaging	1	0.28%	13.9	23.09	4.33%
Transport	1	0.27%	13.3	13.63	7.34%
Sugar & Allied Industries	1	0.16%	7.8	5.14	19.46%
Synthetic & Rayon	1¹	0.08%	4.1	n/m	n/m
Close – End Mutual Fund	1	0.08%	3.8	9.01	11.10%
Modarabas	1	0.06%	3.1	4.81	20.79%
Textile Spinning	1	0.05%	2.7	3.45	28.99%
Vanaspati & Allied Industries	1	0.01%	0.6	5.40	18.52%
Textile Weaving	1¹	0.01%	0.4	n/m	n/m
Woollen	1¹	0.01%	0.3	n/m	n/m
Leasing Companies	1	0.00%	0.2	12.13	8.24%
KSE-100 (all sectors)	100⁷	100.04%	4,980.8	9.09	11.01%

Sector detail · companies & figures

Expand any sector to see its KSE-100 constituents and each company’s index weight, free-float market cap, trailing P/E and earnings yield.

Commercial Banks (13) · P/E 7.52

Companies13

Index wt30.85%

Free-float capPKR 1,536.4 bn

Sector P/E7.52

Earnings yield13.29%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
United Bank Limited	UBL	7.90%	393.6	7.54	13.26%
Meezan Bank Limited	MEBL	5.17%	257.6	11.25	8.89%
Habib Bank Limited	HBL	3.72%	185.2	7.17	13.95%
MCB Bank Limited	MCB	3.33%	166.0	8.89	11.25%
Bank AL Habib Limited	BAHL	2.70%	134.3	6.99	14.31%
National Bank of Pakistan	NBP	1.90%	94.7	5.28	18.94%
Bank Alfalah Limited	BAFL	1.64%	81.4	n/m	n/m
Faysal Bank Limited	FABL	1.02%	50.7	6.67	14.99%
The Bank of Punjab	BOP	0.96%	47.6	6.04	16.56%
Habib Metropolitan Bank Limited	HMB	0.95%	47.2	5.19	19.27%
Askari Bank Limited	AKBL	0.91%	45.3	5.92	16.89%
Allied Bank Limited	ABL	0.39%	19.5	5.86	17.06%
Standard Chartered Bank (Pak) Ltd	SCBPL	0.26%	13.1	12.08	8.28%

Oil & Gas Exploration Companies (4) · P/E 8.10

Companies4

Index wt12.53%

Free-float capPKR 623.7 bn

Sector P/E8.10

Earnings yield12.34%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Oil & Gas Development Company Limited	OGDC	4.30%	214.0	8.49	11.78%
Mari Energies Limited	MARI	3.20%	159.4	9.15	10.93%
Pakistan Petroleum Limited	PPL	3.12%	155.5	7.88	12.69%
Pakistan Oilfields Limited	POL	1.91%	94.9	6.49	15.41%

Fertilizer (4) · P/E 10.23

Companies4

Index wt12.19%

Free-float capPKR 607.5 bn

Sector P/E10.23

Earnings yield9.78%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Fauji Fertilizer Company Limited	FFC	8.78%	437.2	10.28	9.73%
Engro Fertilizers Limited	EFERT	2.23%	111.3	12.00	8.33%
Fatima Fertilizer Company Limited	FATIMA	0.98%	48.9	11.63	8.60%
Arif Habib Corporation Limited	AHCL	0.20%	10.1	2.98	33.56%

Cement (9) · P/E 10.64

Companies9

Index wt8.72%

Free-float capPKR 434.1 bn

Sector P/E10.64

Earnings yield9.40%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Lucky Cement Limited	LUCK	3.82%	190.5	13.62	7.34%
Maple Leaf Cement Factory Limited	MLCF	0.94%	46.8	12.32	8.12%
Fauji Cement Company Limited	FCCL	0.94%	46.6	8.22	12.17%
D.G. Khan Cement Company Limited	DGKC	0.91%	45.5	7.97	12.55%
Cherat Cement Company Limited	CHCC	0.71%	35.3	8.10	12.35%
Bestway Cement Limited	BWCL	0.58%	28.8	11.19	8.94%
Kohat Cement Company Limited	KOHC	0.43%	21.6	8.86	11.29%
Power Cement Limited	POWER	0.21%	10.3	7.94	12.59%
Pioneer Cement Limited	PIOC	0.18%	8.8	8.88	11.26%

Inv. Banks / Inv. Cos. / Securities Cos. (2) · P/E 43.81

Companies2

Index wt5.33%

Free-float capPKR 265.5 bn

Sector P/E43.81

Earnings yield2.28%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Engro Holdings Limited	ENGROH	4.85%	241.7	51.27	1.95%
Pakistan Stock Exchange Limited	PSX	0.48%	23.8	17.69	5.65%

Power Generation & Distribution (4) · P/E 11.98

Companies4

Index wt4.97%

Free-float capPKR 248.0 bn

Sector P/E11.98

Earnings yield8.35%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
The Hub Power Company Limited	HUBC	4.09%	203.8	11.11	9.00%
K-Electric Limited	KEL	0.40%	20.0	n/m	n/m
Kot Addu Power Company Limited	KAPCO	0.25%	12.5	14.64	6.83%
Nishat Power Limited	NPL	0.23%	11.7	7.90	12.66%

Technology & Communication (5) · P/E 24.78

Companies5

Index wt4.08%

Free-float capPKR 202.6 bn

Sector P/E24.78

Earnings yield4.04%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Systems Limited	SYS	2.46%	122.3	25.39	3.94%
Pakistan Telecommunication Company Ltd	PTC	0.82%	40.8	42.47	2.35%
TRG Pakistan Limited	TRG	0.40%	19.7	n/m	n/m
Air Link Communication Limited	AIRLINK	0.32%	15.7	13.92	7.18%
Hum Network Limited	HUMNL	0.08%	4.0	8.52	11.74%

Automobile Assembler (7) · P/E 6.86

Companies7

Index wt3.66%

Free-float capPKR 182.1 bn

Sector P/E6.86

Earnings yield14.57%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Millat Tractors Limited	MTL	1.09%	54.2	8.32	12.02%
Sazgar Engineering Works Limited	SAZEW	0.80%	39.8	4.82	20.75%
Indus Motor Company Limited	INDU	0.54%	27.0	5.95	16.81%
Atlas Honda Limited	ATLH	0.40%	19.8	8.86	11.29%
Ghandhara Industries Limited	GHNI	0.39%	19.5	8.05	12.42%
Ghandhara Automobiles Limited	GAL	0.30%	15.0	9.42	10.62%
Honda Atlas Cars (Pakistan) Limited	HCAR	0.14%	6.9	7.01	14.27%

Oil & Gas Marketing Companies (4) · P/E 4.07

Companies4

Index wt2.80%

Free-float capPKR 139.2 bn

Sector P/E4.07

Earnings yield24.59%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan State Oil Company Limited	PSO	1.72%	85.7	3.92	25.51%
Sui Northern Gas Pipelines Limited	SNGP	0.52%	25.8	4.43	22.57%
Attock Petroleum Limited	APL	0.37%	18.3	4.32	23.15%
Sui Southern Gas Company Limited	SSGC	0.19%	9.4	n/m	n/m

Food & Personal Care Products (7) · P/E 16.16

Companies7

Index wt2.43%

Free-float capPKR 120.7 bn

Sector P/E16.16

Earnings yield6.19%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Nestle Pakistan Limited	NESTLE	0.69%	34.2	20.36	4.91%
Colgate-Palmolive (Pakistan) Limited	COLG	0.58%	29.1	15.63	6.40%
National Foods Limited	NATF	0.43%	21.7	15.68	6.38%
Unilever Pakistan Foods Limited	UPFL	0.27%	13.4	22.70	4.41%
Murree Brewery Company Limited	MUREB	0.21%	10.2	7.33	13.64%
Fauji Foods Limited	FFL	0.16%	7.8	36.05	2.77%
Rafhan Maize Products Company Limited	RMPL	0.09%	4.3	12.62	7.92%

Pharmaceuticals (7) · P/E 13.30

Companies7

Index wt2.41%

Free-float capPKR 120.0 bn

Sector P/E13.30

Earnings yield7.52%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
The Searle Company Limited	SEARL	0.51%	25.3	18.90	5.29%
GlaxoSmithKline Pakistan Limited	GLAXO	0.42%	21.2	10.16	9.84%
Abbott Laboratories (Pakistan) Limited	ABOT	0.40%	19.9	10.77	9.29%
Highnoon Laboratories Limited	HINOON	0.40%	19.7	11.80	8.47%
AGP Limited	AGP	0.28%	14.1	21.96	4.55%
Haleon Pakistan Limited	HALEON	0.23%	11.3	12.75	7.84%
Citi Pharma Ltd.	CPHL	0.17%	8.4	15.37	6.51%

Refinery (2) · P/E 5.57

Companies2

Index wt1.43%

Free-float capPKR 71.4 bn

Sector P/E5.57

Earnings yield17.95%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Attock Refinery Limited	ATRL	1.02%	50.8	5.74	17.42%
Cnergyico PK Limited	CNERGY	0.41%	20.6	5.19	19.27%

Textile Composite (4) · P/E 10.41

Companies4

Index wt1.35%

Free-float capPKR 66.9 bn

Sector P/E10.41

Earnings yield9.61%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Interloop Limited	ILP	0.60%	29.8	12.39	8.07%
Nishat Mills Limited	NML	0.46%	22.7	9.95	10.05%
Kohinoor Textile Mills Limited	KTML	0.23%	11.7	11.61	8.61%
Mehmood Textile Mills Limited	MEHT	0.06%	2.7	3.72	26.88%

Miscellaneous (3) · P/E 18.89

Companies3

Index wt0.94%

Free-float capPKR 46.7 bn

Sector P/E18.89

Earnings yield5.29%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan Services Limited	PSEL	0.56%	27.6	42.61	2.35%
Shifa International Hospitals Limited	SHFA	0.27%	13.7	11.43	8.75%
Pakistan Aluminium Beverage Cans Limited	PABC	0.11%	5.4	8.57	11.67%

Leather & Tanneries (1) · P/E 9.79

Companies1

Index wt0.92%

Free-float capPKR 46.1 bn

Sector P/E9.79

Earnings yield10.21%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Service Industries Limited	SRVI	0.92%	46.1	9.79	10.21%

Real Estate Investment Trust (2) · P/E 17.36

Companies2

Index wt0.72%

Free-float capPKR 35.9 bn

Sector P/E17.36

Earnings yield5.76%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Dolmen City REIT	DCR	0.45%	22.4	17.36	5.76%
TPL REIT Fund I	TPLRF1	0.27%	13.5	n/m	n/m

Chemical (2) · P/E 9.87

Companies2

Index wt0.62%

Free-float capPKR 30.7 bn

Sector P/E9.87

Earnings yield10.14%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Lucky Core Industries Limited	LCI	0.41%	20.3	10.45	9.57%
Lotte Chemical Pakistan Limited	LOTCHEM	0.21%	10.4	8.90	11.24%

Property (1) · P/E 13.90

Companies1

Index wt0.55%

Free-float capPKR 27.6 bn

Sector P/E13.90

Earnings yield7.19%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Javedan Corporation Limited	JVDC	0.55%	27.6	13.90	7.19%

Glass & Ceramics (2) · P/E 6.39

Companies2

Index wt0.54%

Free-float capPKR 26.9 bn

Sector P/E6.39

Earnings yield15.65%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Ghani Glass Limited	GHGL	0.29%	14.5	5.74	17.42%
Tariq Glass Industries Limited	TGL	0.25%	12.4	7.36	13.59%

Engineering (2) · P/E 11.85

Companies2

Index wt0.48%

Free-float capPKR 23.8 bn

Sector P/E11.85

Earnings yield8.44%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
International Steels Limited	ISL	0.28%	13.7	10.68	9.36%
International Industries Limited	INIL	0.20%	10.0	13.92	7.18%

Cable & Electrical Goods (1) · P/E 10.85

Companies1

Index wt0.40%

Free-float capPKR 19.7 bn

Sector P/E10.85

Earnings yield9.22%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pak Elektron Limited	PAEL	0.40%	19.7	10.85	9.22%

Insurance (1) · P/E 6.35

Companies1

Index wt0.39%

Free-float capPKR 19.6 bn

Sector P/E6.35

Earnings yield15.75%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Adamjee Insurance Company Limited	AICL	0.39%	19.6	6.35	15.75%

Automobile Parts & Accessories (1) · P/E 4.95

Companies1

Index wt0.37%

Free-float capPKR 18.3 bn

Sector P/E4.95

Earnings yield20.20%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Thal Limited	THALL	0.37%	18.3	4.95	20.20%

Tobacco (1) · P/E 10.41

Companies1

Index wt0.35%

Free-float capPKR 17.5 bn

Sector P/E10.41

Earnings yield9.61%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan Tobacco Company Limited	PAKT	0.35%	17.5	10.41	9.61%

Paper, Board & Packaging (1) · P/E 23.09

Companies1

Index wt0.28%

Free-float capPKR 13.9 bn

Sector P/E23.09

Earnings yield4.33%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Packages Limited	PKGS	0.28%	13.9	23.09	4.33%

Transport (1) · P/E 13.63

Companies1

Index wt0.27%

Free-float capPKR 13.3 bn

Sector P/E13.63

Earnings yield7.34%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan International Bulk Terminal	PIBTL	0.27%	13.3	13.63	7.34%

Sugar & Allied Industries (1) · P/E 5.14

Companies1

Index wt0.16%

Free-float capPKR 7.8 bn

Sector P/E5.14

Earnings yield19.46%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
JDW Sugar Mills Limited	JDWS	0.16%	7.8	5.14	19.46%

Synthetic & Rayon (1) · P/E n/m

Companies1

Index wt0.08%

Free-float capPKR 4.1 bn

Sector P/En/m

Earnings yieldn/m

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Ibrahim Fibres Limited	IBFL	0.08%	4.1	n/m	n/m

Close – End Mutual Fund (1) · P/E 9.01

Companies1

Index wt0.08%

Free-float capPKR 3.8 bn

Sector P/E9.01

Earnings yield11.10%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
HBL Growth Fund	HGFA	0.08%	3.8	9.01	11.10%

Modarabas (1) · P/E 4.81

Companies1

Index wt0.06%

Free-float capPKR 3.1 bn

Sector P/E4.81

Earnings yield20.79%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
First Habib Modaraba	FHAM	0.06%	3.1	4.81	20.79%

Textile Spinning (1) · P/E 3.45

Companies1

Index wt0.05%

Free-float capPKR 2.7 bn

Sector P/E3.45

Earnings yield28.99%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Gadoon Textile Mills Limited	GADT	0.05%	2.7	3.45	28.99%

Vanaspati & Allied Industries (1) · P/E 5.40

Companies1

Index wt0.01%

Free-float capPKR 0.6 bn

Sector P/E5.40

Earnings yield18.52%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
S.S.Oil Mills Limited	SSOM	0.01%	0.6	5.40	18.52%

Textile Weaving (1) · P/E n/m

Companies1

Index wt0.01%

Free-float capPKR 0.4 bn

Sector P/En/m

Earnings yieldn/m

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Yousaf Weaving Mills Limited	YOUW	0.01%	0.4	n/m	n/m

Woollen (1) · P/E n/m

Companies1

Index wt0.01%

Free-float capPKR 0.3 bn

Sector P/En/m

Earnings yieldn/m

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Bannu Woollen Mills Limited	BNWM	0.01%	0.3	n/m	n/m

Leasing Companies (1) · P/E 12.13

Companies1

Index wt0.00%

Free-float capPKR 0.2 bn

Sector P/E12.13

Earnings yield8.24%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pak-Gulf Leasing Company Limited	PGLC	0.00%	0.2	12.13	8.24%