Chinese (SSE) Diversified Banks Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies12
- 7D3.3%
- 3M12.2%
- 1Y1.8%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 1.4%, driven by gains from every company within the industry. Overall in the last year, the industry is flat. Earnings are forecast to grow by 7.0% annually.
Industry Valuation and Performance
Has the Chinese Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥2.6t | CN¥1.0t | CN¥441.1b | 5.5x | 5.8x | 2.4x |
| Sun, 14 Apr 2024 | CN¥2.3t | CN¥1.2t | CN¥453.0b | 5.3x | 5.1x | 2x |
| Tue, 12 Mar 2024 | CN¥2.3t | CN¥1.1t | CN¥467.4b | 5x | 5x | 2x |
| Thu, 08 Feb 2024 | CN¥2.3t | CN¥1.1t | CN¥463.2b | 4.7x | 4.9x | 2x |
| Sat, 06 Jan 2024 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.5x | 4.6x | 2x |
| Mon, 04 Dec 2023 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.4x | 4.6x | 2x |
| Wed, 01 Nov 2023 | CN¥2.2t | CN¥1.1t | CN¥464.6b | 4.5x | 4.8x | 2x |
| Fri, 29 Sep 2023 | CN¥2.3t | CN¥1.1t | CN¥464.9b | 4.8x | 5x | 2.1x |
| Sun, 27 Aug 2023 | CN¥2.2t | CN¥1.1t | CN¥461.1b | 4.5x | 4.8x | 2.1x |
| Tue, 25 Jul 2023 | CN¥2.2t | CN¥1.0t | CN¥456.0b | 4.8x | 4.8x | 2.1x |
| Thu, 22 Jun 2023 | CN¥2.3t | CN¥1.0t | CN¥456.0b | 4.9x | 5x | 2.2x |
| Sat, 20 May 2023 | CN¥2.4t | CN¥1.0t | CN¥456.0b | 5.2x | 5.2x | 2.3x |
| Mon, 17 Apr 2023 | CN¥2.3t | CN¥1.2t | CN¥461.6b | 4.6x | 5.1x | 2x |
| Wed, 15 Mar 2023 | CN¥2.3t | CN¥1.1t | CN¥466.4b | 4.5x | 4.9x | 2.1x |
| Fri, 10 Feb 2023 | CN¥2.4t | CN¥885.8b | CN¥466.4b | 4.6x | 5.2x | 2.8x |
| Sun, 08 Jan 2023 | CN¥2.5t | CN¥1.0t | CN¥446.2b | 4.6x | 5.5x | 2.4x |
| Tue, 06 Dec 2022 | CN¥2.4t | CN¥1.0t | CN¥446.2b | 4.6x | 5.4x | 2.3x |
| Thu, 03 Nov 2022 | CN¥2.0t | CN¥1.0t | CN¥441.8b | 4.2x | 4.5x | 2x |
| Sat, 01 Oct 2022 | CN¥2.2t | CN¥1.0t | CN¥438.0b | 4.3x | 5.1x | 2.2x |
| Mon, 29 Aug 2022 | CN¥2.3t | CN¥1.0t | CN¥436.8b | 4.5x | 5.2x | 2.3x |
| Wed, 27 Jul 2022 | CN¥2.4t | CN¥1.0t | CN¥431.1b | 4.5x | 5.5x | 2.4x |
| Fri, 24 Jun 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 4.9x | 6x | 2.6x |
| Sun, 22 May 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 5x | 6.1x | 2.6x |
| Tue, 19 Apr 2022 | CN¥2.8t | CN¥1.1t | CN¥426.2b | 5.3x | 6.5x | 2.6x |
| Thu, 17 Mar 2022 | CN¥2.7t | CN¥1.2t | CN¥433.3b | 5x | 6.1x | 2.2x |
| Sat, 12 Feb 2022 | CN¥3.1t | CN¥1.1t | CN¥435.9b | 5.8x | 7.2x | 2.8x |
| Mon, 10 Jan 2022 | CN¥3.0t | CN¥944.8b | CN¥419.8b | 5.6x | 7.1x | 3.1x |
| Wed, 08 Dec 2021 | CN¥3.0t | CN¥944.8b | CN¥419.8b | 5x | 7.1x | 3.2x |
| Fri, 05 Nov 2021 | CN¥3.0t | CN¥945.2b | CN¥421.7b | 5x | 7.1x | 3.1x |
| Sun, 03 Oct 2021 | CN¥3.0t | CN¥930.8b | CN¥403.7b | 5.3x | 7.3x | 3.2x |
| Tue, 31 Aug 2021 | CN¥3.0t | CN¥931.0b | CN¥404.4b | 5.4x | 7.3x | 3.2x |
| Wed, 07 Jul 2021 | CN¥3.2t | CN¥912.6b | CN¥395.5b | 5.8x | 8.2x | 3.6x |
Price to Earnings Ratio
9.1x
Current Industry PE
- Investors are relatively neutral on the Chinese Diversified Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 5.8x.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 5.5% per year over the last three years.
- Revenues for these companies have grown 4.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Diversified Banks compare with similar industries?
| CN Market | -1.53% | |
| Financials | 1.54% | |
| Banks | 3.87% | |
| Diversified Banks | 3.29% | |
| Regional Banks | 5.75% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600036 China Merchants Bank | CN¥36.85 | 3.5% +CN¥31.0b | 8.5% | PB0.9x | |
| 601166 Industrial Bank | CN¥17.70 | 3.7% +CN¥13.1b | 3.9% | PB0.5x | |
| 1 Ping An Bank | CN¥11.42 | 4.4% +CN¥9.3b | -7.5% | PB0.5x | |
| 600000 Shanghai Pudong Development Bank | CN¥8.16 | 2.8% +CN¥6.5b | 8.2% | PB0.3x | |
| 601229 Bank of Shanghai | CN¥7.76 | 4.7% +CN¥5.0b | 23.0% | PB0.4x |