Greek (ASE) Diversified Banks Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies6
- 7D2.4%
- 3M7.6%
- 1Y48.5%
- YTDn/a
The Diversified Banks industry is up 2.4% in the last week, with National Bank of Greece up 4.4%. This takes the industry's 12 month performance to a gain of 48%. Looking forward, earnings are forecast to grow by 2.6% annually.
Industry Valuation and Performance
Has the Greek Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | €25.4b | €9.5b | €4.0b | 6.9x | 6.4x | 2.7x |
| Sat, 13 Apr 2024 | €23.3b | €9.3b | €3.8b | 6.6x | 6.1x | 2.5x |
| Mon, 11 Mar 2024 | €23.7b | €9.4b | €4.1b | 5.7x | 5.7x | 2.5x |
| Wed, 07 Feb 2024 | €23.3b | €9.0b | €3.9b | 6.4x | 6x | 2.6x |
| Fri, 05 Jan 2024 | €20.2b | €9.0b | €3.9b | 5.5x | 5.2x | 2.2x |
| Sun, 03 Dec 2023 | €20.1b | €9.0b | €3.9b | 5.4x | 5.2x | 2.2x |
| Tue, 31 Oct 2023 | €18.1b | €8.3b | €3.3b | 6x | 5.5x | 2.2x |
| Thu, 28 Sep 2023 | €17.0b | €8.1b | €3.2b | 5.5x | 5.2x | 2.1x |
| Sat, 26 Aug 2023 | €19.2b | €8.1b | €3.2b | 6.1x | 5.9x | 2.4x |
| Mon, 24 Jul 2023 | €19.9b | €8.7b | €3.3b | 6.7x | 6.1x | 2.3x |
| Wed, 21 Jun 2023 | €18.0b | €8.7b | €3.3b | 5.7x | 5.5x | 2.1x |
| Fri, 19 May 2023 | €16.0b | €8.5b | €3.1b | 5.4x | 5.1x | 1.9x |
| Sun, 16 Apr 2023 | €14.6b | €8.9b | €3.3b | 4.2x | 4.4x | 1.6x |
| Tue, 14 Mar 2023 | €14.5b | €7.3b | €2.7b | 3.6x | 5.4x | 2x |
| Thu, 09 Feb 2023 | €14.9b | €10.6b | €2.5b | 4.1x | 6x | 1.4x |
| Sat, 07 Jan 2023 | €12.1b | €10.6b | €2.5b | 3.4x | 4.9x | 1.1x |
| Mon, 05 Dec 2022 | €11.5b | €10.6b | €2.5b | 3.2x | 4.6x | 1.1x |
| Wed, 02 Nov 2022 | €10.8b | €6.8b | €1.4b | 5.9x | 7.8x | 1.6x |
| Fri, 30 Sep 2022 | €9.1b | €6.8b | €1.4b | 4.9x | 6.6x | 1.4x |
| Sun, 28 Aug 2022 | €10.4b | €6.7b | €1.4b | 5.5x | 7.5x | 1.5x |
| Tue, 26 Jul 2022 | €6.9b | €6.1b | -€1,157,000,000.00 | 6.5x | -6x | 1.1x |
| Thu, 23 Jun 2022 | €7.5b | €6.1b | -€1,157,000,000.00 | 6.8x | -6.5x | 1.2x |
| Sat, 21 May 2022 | €7.9b | €6.2b | -€971,000,000.00 | 7.2x | -8.1x | 1.3x |
| Mon, 18 Apr 2022 | €8.9b | €5.3b | -€1,896,000,000.00 | 7.9x | -4.7x | 1.7x |
| Wed, 16 Mar 2022 | €6.0b | €3.1b | €980.0m | 7.2x | 6.1x | 1.9x |
| Fri, 11 Feb 2022 | €7.6b | €3.2b | €736.0m | 27.6x | 10.3x | 2.4x |
| Sun, 09 Jan 2022 | €6.3b | €3.2b | €736.0m | 23.2x | 8.5x | 2x |
| Tue, 07 Dec 2021 | €5.9b | €3.2b | €736.0m | 22x | 8x | 1.8x |
| Thu, 04 Nov 2021 | €6.1b | €3.2b | €727.0m | 14.6x | 8.4x | 1.9x |
| Sat, 02 Oct 2021 | €5.2b | €3.2b | €727.0m | 12.4x | 7.2x | 1.6x |
| Mon, 30 Aug 2021 | €5.3b | €3.2b | €727.0m | 12.5x | 7.3x | 1.7x |
| Tue, 06 Jul 2021 | €5.3b | €3.2b | €727.0m | 12.9x | 7.4x | 1.7x |
Price to Earnings Ratio
-5.6x
Current Industry PE
- Investors are optimistic on the Greek Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.4x which is higher than its 3-year average PE of 4.4x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- Total earnings for the Diversified Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 36% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Greek Diversified Banks compare with similar industries?
| GR Market | 0.88% | |
| Financials | 2.34% | |
| Banks | 2.44% | |
| Diversified Banks | 2.44% | |
| Regional Banks | 0% | |
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 | |
|---|---|---|---|---|---|
| ETE National Bank of Greece | €8.50 | 5.2% +€383.5m | 57.5% | PB1x | |
| TPEIR Piraeus Financial Holdings | €3.88 | 2.8% +€129.7m | 64.6% | PB0.6x | |
| OPTIMA Optima bank | €11.64 | 3.9% +€32.4m | n/a | PB1.7x | |
| ALPHA Alpha Services and Holdings | €1.64 | 0.8% +€30.5m | 38.6% | PB0.5x |