The study compared two models, CAPM and Fama-French, to predict stock returns in the Pakistan Stock Exchange. They analyzed data from 50 companies from 2014 to 2018 and found that companies with lower book value ratios had better returns. Larger companies also tended to offer higher returns than smaller ones. The Fama-French model, which includes size and value factors, provided more accurate results than the CAPM model. Overall, the study suggests that the Fama-French model is better for predicting stock returns in the Pakistan Stock Exchange.