Kenyan (NSE) Diversified Banks Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies10
- 7D2.6%
- 3M13.2%
- 1Y10.9%
- YTDn/a
The Diversified Banks industry is up 2.6% in the last week, with Equity Group Holdings up 5.3%. In the last 12 months, the industry was up 11%. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Kenyan Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | KSh658.1b | KSh597.1b | KSh195.1b | 3.4x | 3.4x | 1.1x |
| Mon, 15 Apr 2024 | KSh704.5b | KSh602.6b | KSh192.2b | 3.7x | 3.7x | 1.2x |
| Wed, 13 Mar 2024 | KSh616.8b | KSh587.9b | KSh192.4b | 3.6x | 3.2x | 1x |
| Fri, 09 Feb 2024 | KSh588.6b | KSh588.0b | KSh192.8b | 3.4x | 3.1x | 1x |
| Sun, 07 Jan 2024 | KSh579.1b | KSh587.8b | KSh192.7b | 3.3x | 3x | 1x |
| Tue, 05 Dec 2023 | KSh570.4b | KSh585.3b | KSh191.7b | 3.3x | 3x | 1x |
| Thu, 02 Nov 2023 | KSh567.0b | KSh567.4b | KSh188.6b | 3.4x | 3x | 1x |
| Sat, 30 Sep 2023 | KSh581.5b | KSh567.3b | KSh188.6b | 3.5x | 3.1x | 1x |
| Mon, 28 Aug 2023 | KSh597.7b | KSh558.8b | KSh190.3b | 3.5x | 3.1x | 1.1x |
| Wed, 26 Jul 2023 | KSh648.5b | KSh556.2b | KSh186.8b | 3.9x | 3.5x | 1.2x |
| Fri, 23 Jun 2023 | KSh617.1b | KSh556.3b | KSh186.9b | 3.6x | 3.3x | 1.1x |
| Sun, 21 May 2023 | KSh595.2b | KSh532.9b | KSh181.4b | 3.6x | 3.3x | 1.1x |
| Tue, 18 Apr 2023 | KSh681.3b | KSh533.3b | KSh181.5b | 3.9x | 3.8x | 1.3x |
| Thu, 16 Mar 2023 | KSh662.1b | KSh493.6b | KSh177.5b | 3.5x | 3.7x | 1.3x |
| Sat, 11 Feb 2023 | KSh684.4b | KSh493.0b | KSh177.3b | 3.7x | 3.9x | 1.4x |
| Mon, 09 Jan 2023 | KSh669.1b | KSh491.1b | KSh176.7b | 3.8x | 3.8x | 1.4x |
| Wed, 07 Dec 2022 | KSh643.1b | KSh481.6b | KSh172.9b | 3.4x | 3.7x | 1.3x |
| Fri, 04 Nov 2022 | KSh636.7b | KSh469.8b | KSh166.7b | 3.8x | 3.8x | 1.4x |
| Sun, 02 Oct 2022 | KSh653.0b | KSh469.8b | KSh166.7b | 3.8x | 3.9x | 1.4x |
| Tue, 30 Aug 2022 | KSh659.6b | KSh467.0b | KSh165.0b | 3.9x | 4x | 1.4x |
| Thu, 28 Jul 2022 | KSh624.9b | KSh445.2b | KSh156.5b | 4x | 4x | 1.4x |
| Sat, 25 Jun 2022 | KSh575.7b | KSh445.5b | KSh156.2b | 3.6x | 3.7x | 1.3x |
| Mon, 23 May 2022 | KSh604.0b | KSh426.1b | KSh145.8b | 4.2x | 4.1x | 1.4x |
| Wed, 20 Apr 2022 | KSh692.8b | KSh425.1b | KSh146.1b | 4.5x | 4.7x | 1.6x |
| Fri, 18 Mar 2022 | KSh697.0b | KSh395.2b | KSh130.8b | 5.1x | 5.3x | 1.8x |
| Sun, 13 Feb 2022 | KSh703.1b | KSh391.1b | KSh128.8b | 5.4x | 5.5x | 1.8x |
| Tue, 11 Jan 2022 | KSh701.1b | KSh391.1b | KSh128.8b | 5.3x | 5.4x | 1.8x |
| Thu, 09 Dec 2021 | KSh647.0b | KSh387.8b | KSh127.7b | 5x | 5.1x | 1.7x |
| Sat, 06 Nov 2021 | KSh663.4b | KSh360.6b | KSh112.0b | 6x | 5.9x | 1.8x |
| Mon, 04 Oct 2021 | KSh693.1b | KSh360.5b | KSh112.0b | 6.3x | 6.2x | 1.9x |
| Wed, 01 Sep 2021 | KSh726.9b | KSh364.4b | KSh107.4b | 6.9x | 6.8x | 2x |
| Thu, 08 Jul 2021 | KSh642.4b | KSh364.4b | KSh107.4b | 6.2x | 6x | 1.8x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are pessimistic on the Kenyan Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 3.4x which is lower than its 3-year average PE of 4.2x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 21% 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 Kenyan Diversified Banks compare with similar industries?
| KE Market | 2.57% | |
| Financials | 2.47% | |
| Banks | 2.53% | |
| Diversified Banks | 2.55% | |
| Regional Banks | -5.02% | |
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 | |
|---|---|---|---|---|---|
| EQTY Equity Group Holdings | KSh44.85 | 7.0% +KSh11.1b | 16.8% | PB0.8x | |
| KCB KCB Group | KSh31.85 | 6.0% +KSh5.8b | 3.2% | PB0.4x | |
| COOP Co-operative Bank of Kenya | KSh12.75 | 5.4% +KSh3.8b | 4.1% | PB0.7x | |
| SCBK Standard Chartered Bank Kenya | KSh185.00 | 5.0% +KSh3.3b | 32.1% | PB1.2x | |
| ABSA Absa Bank Kenya | KSh12.95 | 4.9% +KSh3.3b | 24.5% | PB1x |