Investment & Finance Sector — PSX Analysis
The investment and finance sector includes investment banks, REITs, modarabas, leasing companies, and mutual funds. These entities provide capital market services, asset management, and specialized financing.
At a Glance
- Companies tracked
- 7
- Valuation approach
- Financials
- Reference P/E
- 8-15x
- Reference P/B
- 0.8-1.5x
- Reference dividend yield
- 4-8%
Reference ranges are SeekhKar editorial benchmarks for comparison, not live market figures. To check a company against them, use today's price from your broker and its latest reported EPS, book value and dividends. Models used: Justified P/B and Dividend discount model.
Investment & Finance Stocks Compared
The listed companies side by side on their latest results: P/E, P/B, dividends, growth and debt.
PSX vs Adamjee vs First Habib Modaraba: Stocks 2026
Pakistan Stock Exchange, Adamjee Insurance and First Habib Modaraba compared on P/E, P/B, ROE, dividend yield and profit growth. Which is best value?
Updated 6 Nov 2026 · 5 min read
Engro Holdings vs Arif Habib Corp: Holding Stocks 2026
Engro Holdings and Arif Habib Corporation compared on P/E, P/B, ROE, dividend yield, debt and profit growth. What do you own when you buy each?
Updated 4 Nov 2026 · 5 min read
Dolmen City REIT vs TPL REIT: REITs in Pakistan 2026
Dolmen City REIT and TPL REIT Fund I compared on price to NAV, dividend yield, earnings and debt. How do Pakistan's two KSE-100 REITs differ?
Updated 3 Nov 2026 · 4 min read
Earnings Drivers
Capital market performance, management fee income, dividend income, leasing portfolio growth, and REIT rental yields.
Key Metrics to Watch
Net asset value (NAV), dividend payout ratio, portfolio returns, fee income growth, and AUM growth.
Investment Risks
Capital market volatility, regulatory changes, interest rate movements, credit risk in leasing portfolios, and real estate market cycles.
How to Value Companies in the Investment & Finance Sector
Financials. Banks and other financials hold mostly financial assets and liabilities. Their value depends on return on equity relative to the cost of equity, and on dividends. "Free cash flow" is not meaningful for them and the Graham Number ignores leverage, so both are excluded.
Justified P/B
Book value × (ROE − growth) ÷ (required return − growth): values a bank on how much it earns on shareholders' equity.
Dividend discount model
Next year's dividend ÷ (required return − dividend growth): suits companies that pay out most of their profit.
SeekhKar's own models assume a 19% required return for this sector and 5% long-term growth. Use them as a starting point in the calculators and test higher and lower values. These are editorial assumptions, explained on the Methodology page.
Frequently Asked Questions
Calculators for This Sector
Run the methods that suit Investment & Finance companies with figures from their latest reports: