Valuation · at the close on 16 Oct 2026

Unilever Pakistan Foods Limited (UPFL) valuation

At Rs 25,550.00 (close on 16 Oct 2026) UPFL trades at 27.4× earnings (FY2025), above its five-year average of 21.6× and above the Food & Personal Care Products median of 16.1×. The shares are priced at 24.84× book value (sector median 2.38×). Enterprise value of Rs 162.4 bn is 15.7× EBITDA. The dividend yield is 6.5%, against a five-year average of 4.3%.

P/E · today

27.4×

FY2025

5-yr average21.6× Sector median16.1×

P/B · today

24.84×

FY2025

5-yr average15.78× Sector median2.38×

EV/EBITDA · today

15.7×

5-yr average16.9× Sector median8.8×

Dividend yield · today

6.5%

FY2025

5-yr average4.3% Payers' median5.0%

Market value Rs 162.8 bn at Rs 25,550.00. Sector medians use the latest close of 25 Food & Personal Care Products companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

UPFL 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	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006
Market capitalisation	184.7	135.2	139.5	159.2	121.0	89.2	47.8	45.4	45.0	36.0	36.6	54.7	57.3	26.5	10.5	6.8	8.0	10.4	8.2	3.0
Enterprise value	184.3	124.7	126.7	151.4	117.9	88.3	47.1	45.3	45.3	35.3	36.1	54.6	57.0	26.3	10.5	6.9	8.1	10.6	8.5	2.9
Share price (period end) Rs	28,989.00	21,225.03	21,900.00	25,000.00	19,000.00	14,000.00	7,500.00	7,125.00	7,219.58	5,773.66	5,872.36	8,764.12	9,178.64	4,243.89	1,687.69	1,090.58	1,283.04	—	1,307.71	487.06
P/E (diluted)	31.05×	19.39×	14.32×	20.03×	23.41×	23.24×	19.48×	25.92×	33.23×	28.23×	29.74×	46.67×	57.00×	36.32×	17.08×	15.55×	45.28×	—	36.35×	16.17×
Price to book	28.19×	9.93×	8.74×	20.58×	40.36×	32.46×	20.73×	23.98×	248.21×	19.96×	21.83×	69.80×	127.33×	44.44×	21.42×	16.83×	29.80×	—	41.00×	5.43×
Price to sales	4.55×	4.01×	4.03×	5.63×	6.11×	5.73×	3.59×	3.78×	4.19×	3.81×	4.27×	7.02×	8.23×	4.52×	2.13×	1.68×	2.37×	—	3.43×	1.57×
EV / EBITDA	17.84×	14.87×	14.48×	17.84×	20.63×	20.68×	15.38×	17.25×	21.41×	18.20×	20.11×	31.31×	38.03×	23.82×	10.82×	2.96×	22.82×	5.89×	22.71×	9.07×
EV / Sales	4.54×	3.70×	3.66×	5.35×	5.95×	5.67×	3.54×	3.80×	4.21×	3.73×	4.21×	7.01×	8.19×	4.49×	2.13×	1.71×	2.40×	3.44×	3.58×	1.48×
Dividend yield (gross)	7.0%	6.9%	1.1%	2.1%	4.1%	3.8%	4.3%	2.9%	6.6%	3.2%	0.9%	1.5%	2.0%	2.3%	5.0%	4.4%	2.6%	—	1.5%	5.1%
Free cash flow yield	1.7%	4.7%	5.2%	4.4%	4.8%	4.1%	5.4%	1.5%	4.0%	3.7%	2.3%	1.1%	2.2%	2.8%	5.8%	4.7%	4.1%	—	0.8%	7.2%
PEG ratio	(2.11×)	(0.68×)	0.64×	0.37×	0.67×	0.41×	0.49×	0.98×	5.33×	7.91×	5.78×	2.81×	1.51×	1.99×	0.42×	0.11×	(0.92×)	—	1.87×	0.18×
P/E (diluted, normalised)	32.73×	22.52×	15.44×	19.85×	23.27×	23.23×	19.59×	24.64×	32.69×	28.23×	29.74×	46.66×	56.68×	36.32×	16.28×	29.52×	34.91×	—	77.29×	27.21×
Price to book — 5-year average	15.78×	14.96×	17.53×	26.16×	34.49×	29.55×	26.87×	34.41×	46.89×	39.73×	46.41×	57.16×	49.36×	—	—	—	—	—	7.29×	3.79×
EV / EBITDA — 5-year average	16.92×	17.10×	17.55×	18.63×	19.33×	18.65×	18.12×	21.19×	25.11×	25.90×	25.93×	20.32×	17.40×	9.53×	7.66×	7.15×	10.58×	9.34×	15.63×	9.88×
Dividend yield — 5-year average	4.3%	3.5%	2.8%	3.3%	4.2%	4.1%	3.7%	3.0%	2.8%	1.9%	1.9%	2.2%	2.6%	—	—	—	—	—	2.7%	4.2%

UPFL valuation: frequently asked questions

What is UPFL's P/E ratio? +

At the closing price of Rs 25,550.00 on 16 Oct 2026, UPFL trades at a P/E of 27.4× based on EPS of Rs 933.50 (FY2025).

What is UPFL's book value per share? +

Unilever Pakistan Foods Limited's book value per share was Rs 1,028.41 at the end of FY2025. The shares trade at 24.84× book value.

Information only, not investment advice.