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 8.56×; 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 of21 Sep 2026

SourcePSX

Sector	Cos.	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Commercial Banks	13¹	30.74%	1,478.6	7.23	13.82%
Oil & Gas Exploration Companies	4	12.63%	607.4	6.56	15.25%
Fertilizer	4	12.38%	595.4	10.02	9.98%
Cement	9	8.62%	414.7	10.10	9.90%
Inv. Banks / Inv. Cos. / Securities Cos.	2	5.41%	260.6	42.98	2.33%
Power Generation & Distribution	4	5.01%	241.2	11.40	8.77%
Technology & Communication	5¹	3.99%	191.5	23.49	4.26%
Automobile Assembler	7	3.53%	170.2	7.29	13.72%
Oil & Gas Marketing Companies	4¹	2.72%	130.6	3.83	26.09%
Food & Personal Care Products	7	2.43%	116.9	15.35	6.52%
Pharmaceuticals	7	2.41%	115.7	12.83	7.80%
Refinery	2	1.34%	64.3	5.02	19.91%
Textile Composite	4	1.31%	63.3	9.51	10.52%
Miscellaneous	3	1.19%	56.9	22.52	4.44%
Leather & Tanneries	1	0.87%	41.6	8.85	11.30%
Real Estate Investment Trust	2¹	0.73%	35.2	17.17	5.82%
Chemical	2	0.60%	28.8	9.27	10.79%
Property	1	0.56%	27.2	14.06	7.11%
Glass & Ceramics	2	0.53%	25.5	6.06	16.50%
Engineering	2	0.46%	22.3	11.11	9.00%
Insurance	1	0.43%	20.5	6.63	15.08%
Cable & Electrical Goods	1	0.39%	18.8	10.32	9.69%
Automobile Parts & Accessories	1	0.36%	17.4	5.20	19.23%
Tobacco	1	0.36%	17.2	10.20	9.80%
Paper, Board & Packaging	1	0.27%	12.9	21.38	4.68%
Transport	1	0.26%	12.5	12.85	7.78%
Sugar & Allied Industries	1	0.16%	7.8	5.17	19.34%
Synthetic & Rayon	1¹	0.09%	4.2	n/m	n/m
Close - End Mutual Fund	1	0.08%	3.6	8.46	11.82%
Modarabas	1	0.06%	3.0	4.66	21.46%
Textile Spinning	1	0.05%	2.5	3.15	31.75%
Vanaspati & Allied Industries	1	0.01%	0.6	5.16	19.38%
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	12.23	8.18%
KSE-100 (all sectors)	100⁷	100.00%	4,809.6	8.56	11.68%

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 7.23

Companies13

Index wt30.74%

Free-float capPKR 1,478.6 bn

Sector P/E7.23

Earnings yield13.82%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
United Bank Limited	UBL	7.83%	376.5	7.22	13.85%
Meezan Bank Limited	MEBL	5.15%	247.6	10.82	9.24%
Habib Bank Limited	HBL	3.69%	177.5	6.87	14.56%
MCB Bank Limited	MCB	3.41%	164.0	8.78	11.39%
Bank AL Habib Limited	BAHL	2.67%	128.2	6.68	14.97%
National Bank of Pakistan	NBP	1.80%	86.7	4.84	20.66%
Bank Alfalah Limited	BAFL	1.67%	80.5	n/m	n/m
Faysal Bank Limited	FABL	1.04%	50.3	6.61	15.13%
Askari Bank Limited	AKBL	0.97%	46.7	6.11	16.37%
Habib Metropolitan Bank Limited	HMB	0.96%	46.2	5.08	19.69%
The Bank of Punjab	BOP	0.89%	43.0	5.46	18.32%
Allied Bank Limited	ABL	0.41%	19.6	5.90	16.95%
Standard Chartered Bank (Pak) Ltd	SCBPL	0.25%	11.8	10.89	9.18%

Oil & Gas Exploration Companies (4) · P/E 6.56

Companies4

Index wt12.63%

Free-float capPKR 607.4 bn

Sector P/E6.56

Earnings yield15.25%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Oil & Gas Development Company Limited	OGDC	4.26%	205.1	5.63	17.76%
Pakistan Petroleum Limited	PPL	3.19%	153.3	6.33	15.80%
Mari Energies Limited	MARI	3.16%	152.0	8.73	11.45%
Pakistan Oilfields Limited	POL	2.02%	97.0	6.65	15.04%

Fertilizer (4) · P/E 10.02

Companies4

Index wt12.38%

Free-float capPKR 595.4 bn

Sector P/E10.02

Earnings yield9.98%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Fauji Fertilizer Company Limited	FFC	8.85%	425.8	10.01	9.99%
Engro Fertilizers Limited	EFERT	2.36%	113.6	12.25	8.16%
Fatima Fertilizer Company Limited	FATIMA	0.97%	46.5	11.07	9.03%
Arif Habib Corporation Limited	AHCL	0.20%	9.5	2.80	35.71%

Cement (9) · P/E 10.10

Companies9

Index wt8.62%

Free-float capPKR 414.7 bn

Sector P/E10.10

Earnings yield9.90%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Lucky Cement Limited	LUCK	3.80%	182.8	13.07	7.65%
Fauji Cement Company Limited	FCCL	0.95%	45.9	8.10	12.35%
Maple Leaf Cement Factory Limited	MLCF	0.94%	45.1	11.86	8.43%
D.G. Khan Cement Company Limited	DGKC	0.90%	43.4	7.59	13.18%
Cherat Cement Company Limited	CHCC	0.67%	32.1	7.36	13.59%
Bestway Cement Limited	BWCL	0.54%	26.0	10.09	9.91%
Kohat Cement Company Limited	KOHC	0.43%	20.8	7.78	12.85%
Power Cement Limited	POWER	0.21%	10.2	7.90	12.66%
Pioneer Cement Limited	PIOC	0.18%	8.4	8.54	11.71%

Inv. Banks / Inv. Cos. / Securities Cos. (2) · P/E 42.98

Companies2

Index wt5.41%

Free-float capPKR 260.6 bn

Sector P/E42.98

Earnings yield2.33%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Engro Holdings Limited	ENGROH	4.96%	238.7	50.63	1.98%
Pakistan Stock Exchange Limited	PSX	0.45%	21.9	16.21	6.17%

Power Generation & Distribution (4) · P/E 11.40

Companies4

Index wt5.01%

Free-float capPKR 241.2 bn

Sector P/E11.40

Earnings yield8.77%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
The Hub Power Company Limited	HUBC	4.14%	199.3	10.86	9.21%
K-Electric Limited	KEL	0.39%	18.6	n/m	n/m
Kot Addu Power Company Limited	KAPCO	0.25%	12.1	9.28	10.78%
Nishat Power Limited	NPL	0.23%	11.2	7.59	13.18%

Technology & Communication (5) · P/E 23.49

Companies5

Index wt3.99%

Free-float capPKR 191.5 bn

Sector P/E23.49

Earnings yield4.26%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Systems Limited	SYS	2.43%	116.7	24.20	4.13%
Pakistan Telecommunication Company Ltd	PTC	0.78%	37.6	39.01	2.56%
TRG Pakistan Limited	TRG	0.38%	18.0	n/m	n/m
Air Link Communication Limited	AIRLINK	0.32%	15.3	13.52	7.40%
Hum Network Limited	HUMNL	0.08%	4.0	8.40	11.90%

Automobile Assembler (7) · P/E 7.29

Companies7

Index wt3.53%

Free-float capPKR 170.2 bn

Sector P/E7.29

Earnings yield13.72%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Millat Tractors Limited	MTL	1.12%	53.8	15.24	6.56%
Sazgar Engineering Works Limited	SAZEW	0.77%	37.0	4.48	22.32%
Indus Motor Company Limited	INDU	0.52%	25.0	5.52	18.12%
Atlas Honda Limited	ATLH	0.41%	19.6	8.78	11.39%
Ghandhara Industries Limited	GHNI	0.33%	16.1	6.64	15.06%
Ghandhara Automobiles Limited	GAL	0.25%	12.2	8.83	11.33%
Honda Atlas Cars (Pakistan) Limited	HCAR	0.13%	6.4	6.55	15.27%

Oil & Gas Marketing Companies (4) · P/E 3.83

Companies4

Index wt2.72%

Free-float capPKR 130.6 bn

Sector P/E3.83

Earnings yield26.09%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan State Oil Company Limited	PSO	1.69%	81.3	3.71	26.95%
Sui Northern Gas Pipelines Limited	SNGP	0.49%	23.3	4.01	24.94%
Attock Petroleum Limited	APL	0.37%	17.9	4.23	23.64%
Sui Southern Gas Company Limited	SSGC	0.17%	8.1	n/m	n/m

Food & Personal Care Products (7) · P/E 15.35

Companies7

Index wt2.43%

Free-float capPKR 116.9 bn

Sector P/E15.35

Earnings yield6.52%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Nestle Pakistan Limited	NESTLE	0.70%	33.8	20.14	4.97%
Colgate-Palmolive (Pakistan) Limited	COLG	0.57%	27.6	14.79	6.76%
National Foods Limited	NATF	0.43%	20.5	14.53	6.88%
Unilever Pakistan Foods Limited	UPFL	0.27%	13.1	22.21	4.50%
Murree Brewery Company Limited	MUREB	0.21%	10.2	6.75	14.81%
Fauji Foods Limited	FFL	0.16%	7.5	34.65	2.89%
Rafhan Maize Products Company Limited	RMPL	0.09%	4.2	12.32	8.12%

Pharmaceuticals (7) · P/E 12.83

Companies7

Index wt2.41%

Free-float capPKR 115.7 bn

Sector P/E12.83

Earnings yield7.80%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
The Searle Company Limited	SEARL	0.49%	23.5	17.59	5.69%
GlaxoSmithKline Pakistan Limited	GLAXO	0.42%	20.4	9.81	10.19%
Highnoon Laboratories Limited	HINOON	0.41%	19.7	11.82	8.46%
Abbott Laboratories (Pakistan) Limited	ABOT	0.41%	19.6	10.56	9.47%
AGP Limited	AGP	0.27%	12.9	20.10	4.98%
Haleon Pakistan Limited	HALEON	0.23%	11.0	12.34	8.10%
Citi Pharma Ltd.	CPHL	0.18%	8.6	15.61	6.41%

Refinery (2) · P/E 5.02

Companies2

Index wt1.34%

Free-float capPKR 64.3 bn

Sector P/E5.02

Earnings yield19.91%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Attock Refinery Limited	ATRL	0.97%	46.7	5.28	18.94%
Cnergyico PK Limited	CNERGY	0.37%	17.6	4.45	22.47%

Textile Composite (4) · P/E 9.51

Companies4

Index wt1.31%

Free-float capPKR 63.3 bn

Sector P/E9.51

Earnings yield10.52%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Interloop Limited	ILP	0.57%	27.6	10.50	9.52%
Nishat Mills Limited	NML	0.44%	21.2	9.29	10.76%
Kohinoor Textile Mills Limited	KTML	0.24%	11.7	11.63	8.60%
Mehmood Textile Mills Limited	MEHT	0.06%	2.7	3.72	26.88%

Miscellaneous (3) · P/E 22.52

Companies3

Index wt1.19%

Free-float capPKR 56.9 bn

Sector P/E22.52

Earnings yield4.44%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan Services Limited	PSEL	0.82%	39.3	60.81	1.64%
Shifa International Hospitals Limited	SHFA	0.26%	12.5	9.97	10.03%
Pakistan Aluminium Beverage Cans Limited	PABC	0.11%	5.1	8.16	12.25%

Leather & Tanneries (1) · P/E 8.85

Companies1

Index wt0.87%

Free-float capPKR 41.6 bn

Sector P/E8.85

Earnings yield11.30%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Service Industries Limited	SRVI	0.87%	41.6	8.85	11.30%

Real Estate Investment Trust (2) · P/E 17.17

Companies2

Index wt0.73%

Free-float capPKR 35.2 bn

Sector P/E17.17

Earnings yield5.82%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Dolmen City REIT	DCR	0.46%	22.1	17.17	5.82%
TPL REIT Fund I	TPLRF1	0.27%	13.0	n/m	n/m

Chemical (2) · P/E 9.27

Companies2

Index wt0.60%

Free-float capPKR 28.8 bn

Sector P/E9.27

Earnings yield10.79%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Lucky Core Industries Limited	LCI	0.40%	19.3	9.96	10.04%
Lotte Chemical Pakistan Limited	LOTCHEM	0.20%	9.5	8.12	12.32%

Property (1) · P/E 14.06

Companies1

Index wt0.56%

Free-float capPKR 27.2 bn

Sector P/E14.06

Earnings yield7.11%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Javedan Corporation Limited	JVDC	0.56%	27.2	14.06	7.11%

Glass & Ceramics (2) · P/E 6.06

Companies2

Index wt0.53%

Free-float capPKR 25.5 bn

Sector P/E6.06

Earnings yield16.50%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Ghani Glass Limited	GHGL	0.29%	14.1	5.56	17.99%
Tariq Glass Industries Limited	TGL	0.24%	11.5	6.81	14.68%

Engineering (2) · P/E 11.11

Companies2

Index wt0.46%

Free-float capPKR 22.3 bn

Sector P/E11.11

Earnings yield9.00%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
International Steels Limited	ISL	0.26%	12.6	9.82	10.18%
International Industries Limited	INIL	0.20%	9.7	13.40	7.46%

Insurance (1) · P/E 6.63

Companies1

Index wt0.43%

Free-float capPKR 20.5 bn

Sector P/E6.63

Earnings yield15.08%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Adamjee Insurance Company Limited	AICL	0.43%	20.5	6.63	15.08%

Cable & Electrical Goods (1) · P/E 10.32

Companies1

Index wt0.39%

Free-float capPKR 18.8 bn

Sector P/E10.32

Earnings yield9.69%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pak Elektron Limited	PAEL	0.39%	18.8	10.32	9.69%

Automobile Parts & Accessories (1) · P/E 5.20

Companies1

Index wt0.36%

Free-float capPKR 17.4 bn

Sector P/E5.20

Earnings yield19.23%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Thal Limited	THALL	0.36%	17.4	5.20	19.23%

Tobacco (1) · P/E 10.20

Companies1

Index wt0.36%

Free-float capPKR 17.2 bn

Sector P/E10.20

Earnings yield9.80%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan Tobacco Company Limited	PAKT	0.36%	17.2	10.20	9.80%

Paper, Board & Packaging (1) · P/E 21.38

Companies1

Index wt0.27%

Free-float capPKR 12.9 bn

Sector P/E21.38

Earnings yield4.68%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Packages Limited	PKGS	0.27%	12.9	21.38	4.68%

Transport (1) · P/E 12.85

Companies1

Index wt0.26%

Free-float capPKR 12.5 bn

Sector P/E12.85

Earnings yield7.78%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pakistan International Bulk Terminal	PIBTL	0.26%	12.5	12.85	7.78%

Sugar & Allied Industries (1) · P/E 5.17

Companies1

Index wt0.16%

Free-float capPKR 7.8 bn

Sector P/E5.17

Earnings yield19.34%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
JDW Sugar Mills Limited	JDWS	0.16%	7.8	5.17	19.34%

Synthetic & Rayon (1) · P/E n/m

Companies1

Index wt0.09%

Free-float capPKR 4.2 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	0.09%	4.2	n/m	n/m

Close - End Mutual Fund (1) · P/E 8.46

Companies1

Index wt0.08%

Free-float capPKR 3.6 bn

Sector P/E8.46

Earnings yield11.82%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
HBL Growth Fund	HGFA	0.08%	3.6	8.46	11.82%

Modarabas (1) · P/E 4.66

Companies1

Index wt0.06%

Free-float capPKR 3.0 bn

Sector P/E4.66

Earnings yield21.46%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
First Habib Modaraba	FHAM	0.06%	3.0	4.66	21.46%

Textile Spinning (1) · P/E 3.15

Companies1

Index wt0.05%

Free-float capPKR 2.5 bn

Sector P/E3.15

Earnings yield31.75%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Gadoon Textile Mills Limited	GADT	0.05%	2.5	3.15	31.75%

Vanaspati & Allied Industries (1) · P/E 5.16

Companies1

Index wt0.01%

Free-float capPKR 0.6 bn

Sector P/E5.16

Earnings yield19.38%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
S.S.Oil Mills Limited	SSOM	0.01%	0.6	5.16	19.38%

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 12.23

Companies1

Index wt0.00%

Free-float capPKR 0.2 bn

Sector P/E12.23

Earnings yield8.18%

Company	Symbol	Index wt	Free-float cap (PKR bn)	P/E (TTM)	Earnings yield
Pak-Gulf Leasing Company Limited	PGLC	0.00%	0.2	12.23	8.18%