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Pharmaceuticals

HALEON Haleon Pakistan Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

Last close · 16 Oct 2026

Rs 684.36 +0.88%

Valuation · at the close on 16 Oct 2026

Haleon Pakistan Limited (HALEON) valuation

At Rs 684.36 (close on 16 Oct 2026) HALEON trades at 12.1× earnings (TTM to Jun 2026), below its five-year average of 25.6× and below the Pharmaceuticals median of 12.5×. The shares are priced at 4.93× book value (sector median 3.14×). Enterprise value of Rs 72.7 bn is 6.4× EBITDA. The dividend yield is 4.4%, against a five-year average of 1.8%.

P/E · today
12.1×
TTM to Jun 2026
5-yr average25.6× Sector median12.5×
P/B · today
4.93×
Quarter to Jun 2026
5-yr average5.34× Sector median3.14×
EV/EBITDA · today
6.4×
5-yr average9.6× Sector median6.7×
Dividend yield · today
4.4%
FY2025
5-yr average1.8% Payers' median4.6%

Market value Rs 80.1 bn at Rs 684.36. Sector medians use the latest close of 14 Pharmaceuticals companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end 5-year average
P/E history 63.7× 31.8× 0.0× P/E at fiscal year-end FY17: 43.8× P/E at fiscal year-end FY18: 29.0× P/E at fiscal year-end FY19: 23.9× P/E at fiscal year-end FY20: 24.6× P/E at fiscal year-end FY21: 13.2× P/E at fiscal year-end FY22: 59.0× P/E at fiscal year-end FY23: 19.9× P/E at fiscal year-end FY24: 20.7× P/E at fiscal year-end FY25: 15.3× FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Valuation history

At each fiscal year-end price.

HALEON valuation history (annual) (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020 FY2019 Jan – Dec 2019 FY2018 Jan – Dec 2018 FY2017 Jan – Dec 2017 FY2016 Jan – Dec 2016
Market capitalisation 97.5 94.5 19.8 19.2 28.2 31.0 30.0 31.2 103.3 —
Enterprise value 90.2 88.0 15.7 15.9 25.0 28.9 30.1 32.1 102.0 —
Share price (period end) Rs 833.32 807.67 169.01 163.90 241.06 265.13 256.42 266.39 324.29 —
P/E (diluted) 15.31× 20.65× 19.87× 58.96× 13.22× 24.59× 23.87× 29.02× 43.84× —
Price to book 6.59× 7.89× 2.47× 2.72× 4.20× 6.01× 6.67× 8.13× 13.49× —
Price to sales 2.26× 2.54× 0.63× 0.70× 1.17× 1.56× 1.84× 2.10× 3.73× —
EV / EBITDA 8.52× 12.13× 7.36× 11.50× 7.86× 13.78× 14.36× 17.38× 93.26× —
EV / Sales 2.09× 2.37× 0.50× 0.58× 1.04× 1.46× 1.85× 2.16× 12.29× —
Dividend yield (gross) 3.6% 0.6% 0.0% 0.0% 2.1% 1.9% 1.9% 1.9% 0.0% —
Free cash flow yield 4.4% 4.7% 4.0% 3.7% 4.4% 6.7% 2.8% (2.1%) 2.0% —
PEG ratio 0.39× 0.06× 0.10× (0.70×) 0.19× 68.87× 1.40× 1.20× (16.08×) —
P/E (diluted, normalised) 15.26× 20.56× 16.81× 54.44× 12.97× 24.59× 23.87× 29.02× 43.84× —
Price to book — 5-year average 5.34× 4.95× 4.08× 5.12× 6.88× — — — — —
EV / EBITDA — 5-year average 9.57× 10.81× 10.61× 12.45× 21.14× — — — — —
Dividend yield — 5-year average 1.8% 0.9% 1.4% 1.7% 1.5% — — — — —

HALEON valuation: frequently asked questions

What is HALEON's P/E ratio?

At the closing price of Rs 684.36 on 16 Oct 2026, HALEON trades at a P/E of 12.1× based on EPS of Rs 56.41 (TTM to Jun 2026).

What is HALEON's book value per share?

Haleon Pakistan Limited's book value per share was Rs 126.41 at the end of FY2025. The shares trade at 4.93× book value.

Information only, not investment advice.