Karachi: The Pakistan cement industry is currently experiencing valuations below industry standards, as indicated by recent trading metrics. The sector is trading at an enterprise value per ton (EV/ton) of $40.7 and is valued at a projected fiscal year 2027 enterprise value to earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio of 5.4x.

According to JS Global, specific companies such as DG Khan Cement (DGKC) are trading at an EV/ton of $14.8 and an EV/EBITDA of 1.4x. Kohat Cement (KOHC) is valued at an EV/ton of $24.7 and an EV/EBITDA of 2.3x, while Lucky Cement (LUCK) is trading at an EV/ton of $32.0 and an EV/EBITDA of 2.9x. Other companies, including CHCC, PIOC, GWLC, ACPL, and FECTC, are also noted to be trading below the industry EV/ton. Overall, the sector is trading at a projected fiscal year 2027 price-to-earnings (P/E) ratio of 7.7x, price-to-sales (P/S) ratio of 1.3x, and price-to-book (P/B) ratio of 1.3x.