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Smart Money

Ranking · close of 16 Oct 2026

Lowest P/E stocks on PSX

Profitable PSX companies trading on the lowest multiples of their earnings. Bank Makramah Limited (BML) leads the list at 0.4×.

How this list is built: Latest close ÷ earnings per share (trailing four quarters when newer than the annual report). Profitable companies worth at least Rs 1 bn. Only companies with results from the last two years (and, for price-based lists, a trade in the last month) are included. Figures are as reported: an unusually high value often reflects a one-off dividend or gain, so check the company's history before reading too much into it. What is P/E ratio (price-to-earnings)?
Lowest P/E stocks on PSX
# Sector
1 BML Commercial Banks 0.4× Rs 60.01 Rs 20.9 bn 0.0% 55.2%
2 MDTL Technology & Communication 1.0× Rs 7.17 Rs 1.3 bn 0.0% —
3 FCSC Inv. Banks / Inv. Cos. / Securities Cos. 1.4× Rs 5.25 Rs 1.7 bn 0.0% 41.4%
4 ITANZ Technology & Communication 1.8× Rs 28.50 Rs 3.1 bn 3.5% 165.6%
5 NONS Sugar & Allied Industries 2.0× Rs 82.00 Rs 1.4 bn 4.9% 38.8%
6 MRNS Sugar & Allied Industries 2.1× Rs 61.00 Rs 4.6 bn 9.0% 57.6%
7 TATM Textile Spinning 2.3× Rs 151.00 Rs 8.5 bn 3.3% 14.2%
8 PACE Property 2.6× Rs 10.22 Rs 4.6 bn 0.0% 85.5%
9 KTML Textile Composite 2.8× Rs 40.75 Rs 54.9 bn 0.0% 23.7%
10 NATF Food & Personal Care Products 2.8× Rs 315.10 Rs 73.5 bn 9.5% 24.8%
11 NML Textile Composite 3.0× Rs 124.92 Rs 43.9 bn 1.6% 8.4%
12 GADT Textile Spinning 3.1× Rs 286.50 Rs 8.0 bn 1.7% 10.4%
13 AKDSL Inv. Banks / Inv. Cos. / Securities Cos. 3.1× Rs 32.15 Rs 17.9 bn 0.0% 40.0%
14 GRR Real Estate Investment Trust 3.2× Rs 16.99 Rs 2.4 bn 20.6% 29.4%
15 RICL Insurance 3.3× Rs 11.70 Rs 1.5 bn 0.0% 25.4%
16 UDPL Miscellaneous 3.3× Rs 98.50 Rs 3.5 bn 19.8% 77.2%
17 JSCL Inv. Banks / Inv. Cos. / Securities Cos. 3.3× Rs 23.40 Rs 21.4 bn 0.0% 10.7%
18 BHAT Textile Composite 3.5× Rs 801.86 Rs 2.4 bn 0.0% 6.2%
19 SURC Textile Composite 3.5× Rs 130.05 Rs 6.3 bn 7.7% 12.4%
20 SHDT Textile Spinning 3.5× Rs 47.51 Rs 1.1 bn 2.6% 13.0%
21 SAPT Textile Composite 3.6× Rs 1,525.00 Rs 33.1 bn 1.3% 11.3%
22 JGICL Insurance 3.6× Rs 77.00 Rs 15.3 bn 7.8% 19.6%
23 UNIC Insurance 3.6× Rs 10.85 Rs 5.4 bn 0.0% 18.6%
24 MEHT Textile Composite 3.6× Rs 127.00 Rs 3.8 bn 0.0% 5.6%
25 PRET Textile Spinning 3.7× Rs 516.00 Rs 3.2 bn 2.9% 11.3%
26 APL Oil & Gas Marketing Companies 3.9× Rs 531.03 Rs 66.1 bn 11.3% 24.6%
27 SAZEW Automobile Assembler 3.9× Rs 1,536.00 Rs 92.8 bn 4.6% 70.8%
28 SNGP Oil & Gas Marketing Companies 3.9× Rs 90.50 Rs 57.4 bn 3.3% 21.6%
29 THALL Automobile Parts & Accessories 3.9× Rs 508.00 Rs 41.2 bn 5.9% 18.5%
30 NBP Commercial Banks 4.0× Rs 159.33 Rs 339.0 bn 22.0% 17.0%
31 FRSM Sugar & Allied Industries 4.0× Rs 40.57 Rs 1.6 bn 0.0% 14.2%
32 DADX Engineering 4.1× Rs 181.00 Rs 1.9 bn 0.0% 71.1%
33 FHAM Modarabas 4.1× Rs 27.57 Rs 3.1 bn 8.2% 12.4%
34 EFUG Insurance 4.1× Rs 120.00 Rs 24.0 bn 8.3% 20.9%
35 AHCL Fertilizer 4.1× Rs 15.25 Rs 64.3 bn 8.2% 27.4%
36 PRWM Textile Weaving 4.2× Rs 59.00 Rs 1.1 bn 4.2% 10.3%
37 AGIL Automobile Parts & Accessories 4.2× Rs 140.00 Rs 5.0 bn 3.6% 18.2%
38 PRL Refinery 4.3× Rs 106.85 Rs 67.3 bn 0.0% 45.5%
39 JSBL Commercial Banks 4.3× Rs 12.39 Rs 25.4 bn 0.0% 8.8%
40 GAL Automobile Assembler 4.3× Rs 489.50 Rs 27.9 bn 2.5% 36.2%
41 JSIL Inv. Banks / Inv. Cos. / Securities Cos. 4.4× Rs 33.75 Rs 2.1 bn 0.0% 20.5%
42 SFL Textile Composite 4.4× Rs 996.00 Rs 24.8 bn 1.0% 5.2%
43 NETSOL Technology & Communication 4.5× Rs 122.23 Rs 10.6 bn 1.2% 19.5%
44 ATIL Insurance 4.5× Rs 74.50 Rs 11.1 bn 11.4% 21.7%
45 WAHN Chemical 4.5× Rs 227.32 Rs 2.0 bn 2.2% 15.9%
46 CSAP Engineering 4.5× Rs 89.44 Rs 6.9 bn 6.1% 15.3%
47 SNBL Commercial Banks 4.6× Rs 19.15 Rs 21.1 bn 7.8% 13.5%
48 IGIHL Insurance 4.7× Rs 248.50 Rs 35.4 bn 3.2% 7.8%
49 IPAK Paper, Board & Packaging 4.7× Rs 31.70 Rs 23.3 bn 6.3% 30.9%
50 AGIC Insurance 4.8× Rs 40.34 Rs 4.1 bn 11.8% 19.6%

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