Skip to content
Smart Money

Modarabas

FPRM First Paramount Modaraba

Latest results: FY2025 · Jun 2025 Q3 FY2026 · Jan – Mar 2026

Last close · 16 Oct 2026

Rs 12.93 -2.05%

Valuation · at the close on 16 Oct 2026

First Paramount Modaraba (FPRM) valuation

At Rs 12.93 (close on 16 Oct 2026) FPRM trades at 9.9× earnings (TTM to Mar 2026), above its five-year average of 8.5× and below the Modarabas median of 16.9×. The shares are priced at 0.66× book value (sector median 1.09×).

P/E · today
9.9×
TTM to Mar 2026
5-yr average8.5× Sector median16.9×
P/B · today
0.66×
Quarter to Mar 2026
5-yr average0.45× Sector median1.09×
Dividend yield · today
0.0%
FY2025
5-yr average2.1% Payers' median4.3%

Market value Rs 187.3 mn at Rs 12.93. Sector medians use the latest close of 20 Modarabas 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 18.7× 9.3× 0.0× P/E at fiscal year-end FY17: 17.3× P/E at fiscal year-end FY18: 8.7× P/E at fiscal year-end FY19: 5.4× P/E at fiscal year-end FY20: 11.1× P/E at fiscal year-end FY21: 10.3× P/E at fiscal year-end FY22: 13.1× P/E at fiscal year-end FY23: 8.9× P/E at fiscal year-end FY24: 4.2× P/E at fiscal year-end FY25: 6.0× FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Valuation history

At each fiscal year-end price.

FPRM valuation history (annual) (Rs mn)
Rs mn FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021 FY2020 Jul 2019 – Jun 2020 FY2019 Jul 2018 – Jun 2019 FY2018 Jul 2017 – Jun 2018 FY2017 Jul 2016 – Jun 2017
Market capitalisation 133.7 114.4 55.2 124.1 75.8 68.9 62.0 89.6 118.3
Share price (period end) Rs 9.70 8.30 4.00 9.00 5.50 5.00 4.50 6.50 8.58
P/E (diluted) 5.97× 4.24× 8.86× 13.09× 10.34× 11.15× 5.39× 8.67× 17.31×
Price to book 0.51× 0.48× 0.26× 0.61× 0.38× 0.35× 0.30× 0.44× 0.58×
Dividend yield (gross) 0.0% 0.0% 0.0% 4.8% 6.1% 19.0% 14.8% 10.3% 8.3%
PEG ratio (0.35×) 0.01× (0.26×) 0.45× 0.56× (0.24×) 0.48× 0.17× —
P/E (diluted, normalised) 5.97× 4.24× 8.86× 13.09× 10.34× 11.15× 4.63× 8.67× 13.37×
Price to book — 5-year average 0.45× 0.42× 0.38× 0.42× 0.41× — — — —
Dividend yield — 5-year average 2.1% 5.4% 8.5% 10.0% 11.1% — — — —

FPRM valuation: frequently asked questions

What is FPRM's P/E ratio?

At the closing price of Rs 12.93 on 16 Oct 2026, FPRM trades at a P/E of 9.9× based on EPS of Rs 1.31 (TTM to Mar 2026).

What is FPRM's book value per share?

First Paramount Modaraba's book value per share was Rs 18.87 at the end of FY2025. The shares trade at 0.66× book value.

Information only, not investment advice.