Turkish (BIST) Diversified Banks Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies11
- 7D1.5%
- 3M39.6%
- 1Y308.1%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has remained flat, although notably Türkiye Vakiflar Bankasi Türk Anonim Ortakligi gained 9.5%. The past year has been better, since the industry has gained 255% in that time. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Turkish Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | ₺3.2t | ₺1.1t | ₺418.4b | 4.7x | 7.8x | 2.9x |
| Sat, 13 Apr 2024 | ₺2.7t | ₺1.1t | ₺398.6b | 4.4x | 6.7x | 2.5x |
| Mon, 11 Mar 2024 | ₺2.4t | ₺1.0t | ₺436.5b | 3.3x | 5.5x | 2.3x |
| Wed, 07 Feb 2024 | ₺2.2t | ₺1.0t | ₺435.3b | 3.4x | 5.1x | 2.1x |
| Fri, 05 Jan 2024 | ₺2.3t | ₺1.0t | ₺428.0b | 3x | 5.3x | 2.2x |
| Sun, 03 Dec 2023 | ₺2.2t | ₺1.0t | ₺428.0b | 3.1x | 5x | 2.1x |
| Tue, 31 Oct 2023 | ₺2.4t | ₺950.9b | ₺402.5b | 3.9x | 5.9x | 2.5x |
| Thu, 28 Sep 2023 | ₺2.3t | ₺909.8b | ₺383.9b | 4x | 6x | 2.5x |
| Sat, 26 Aug 2023 | ₺1.5t | ₺909.8b | ₺383.9b | 3.1x | 3.9x | 1.6x |
| Mon, 24 Jul 2023 | ₺1.0t | ₺822.0b | ₺364.9b | 2.8x | 2.8x | 1.2x |
| Wed, 21 Jun 2023 | ₺889.5b | ₺821.1b | ₺364.6b | 2.3x | 2.4x | 1.1x |
| Fri, 19 May 2023 | ₺749.4b | ₺807.5b | ₺362.1b | 2x | 2.1x | 0.9x |
| Sun, 16 Apr 2023 | ₺771.6b | ₺727.7b | ₺338.5b | 2.2x | 2.3x | 1.1x |
| Tue, 14 Mar 2023 | ₺813.0b | ₺609.4b | ₺338.5b | 2.4x | 2.4x | 1.3x |
| Thu, 09 Feb 2023 | ₺630.2b | ₺673.7b | ₺315.9b | 2.7x | 2x | 0.9x |
| Sat, 07 Jan 2023 | ₺837.2b | ₺558.8b | ₺247.8b | 3.6x | 3.4x | 1.5x |
| Mon, 05 Dec 2022 | ₺801.1b | ₺558.8b | ₺247.8b | 3.4x | 3.2x | 1.4x |
| Wed, 02 Nov 2022 | ₺676.0b | ₺454.6b | ₺202.9b | 3.2x | 3.3x | 1.5x |
| Fri, 30 Sep 2022 | ₺552.6b | ₺409.3b | ₺174.0b | 2.9x | 3.2x | 1.4x |
| Sun, 28 Aug 2022 | ₺614.7b | ₺406.8b | ₺174.0b | 3.3x | 3.5x | 1.5x |
| Tue, 26 Jul 2022 | ₺438.6b | ₺302.7b | ₺110.5b | 3.6x | 4x | 1.4x |
| Thu, 23 Jun 2022 | ₺431.7b | ₺302.7b | ₺110.5b | 3.5x | 3.9x | 1.4x |
| Sat, 21 May 2022 | ₺398.2b | ₺302.8b | ₺110.5b | 3.2x | 3.6x | 1.3x |
| Mon, 18 Apr 2022 | ₺420.7b | ₺228.5b | ₺72.8b | 4.9x | 5.8x | 1.8x |
| Wed, 16 Mar 2022 | ₺310.1b | ₺191.9b | ₺60.8b | 3.9x | 5.1x | 1.6x |
| Fri, 11 Feb 2022 | ₺331.6b | ₺188.9b | ₺58.2b | 6.4x | 5.7x | 1.8x |
| Sun, 09 Jan 2022 | ₺326.3b | ₺147.3b | ₺44.1b | 6.8x | 7.4x | 2.2x |
| Tue, 07 Dec 2021 | ₺367.4b | ₺147.3b | ₺44.1b | 7.2x | 8.3x | 2.5x |
| Thu, 04 Nov 2021 | ₺276.3b | ₺144.5b | ₺43.7b | 6.3x | 6.3x | 1.9x |
| Sat, 02 Oct 2021 | ₺265.0b | ₺137.6b | ₺38.5b | 6.3x | 6.9x | 1.9x |
| Mon, 30 Aug 2021 | ₺278.7b | ₺137.6b | ₺38.5b | 6x | 7.2x | 2x |
| Tue, 06 Jul 2021 | ₺278.6b | ₺137.6b | ₺38.5b | 5.7x | 7.2x | 2x |
Price to Earnings Ratio
7.5x
Current Industry PE
- Investors are optimistic on the Turkish Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 7.9x which is higher than its 3-year average PE of 4.8x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 122% per year over the last three years.
- Revenues for these companies have grown 102% 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 Turkish Diversified Banks compare with similar industries?
| TR Market | -0.91% | |
| Financials | 0.38% | |
| Banks | 1.50% | |
| Diversified Banks | 1.50% | |
| 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 | |
|---|---|---|---|---|---|
| QNBFB QNB Finansbank | ₺403.00 | 3.1% +₺41.0b | 924.4% | PB14.5x | |
| GARAN Turkiye Garanti Bankasi | ₺87.85 | 2.2% +₺7.8b | 234.0% | PB1.4x | |
| SAHOL Haci Ömer Sabanci Holding | ₺99.10 | 3.7% +₺7.4b | 158.5% | PB0.9x | |
| ISCTR Türkiye Is Bankasi | ₺13.80 | 1.8% +₺6.3b | 208.6% | PB1.3x | |
| YKBNK Yapi ve Kredi Bankasi | ₺31.98 | 1.4% +₺3.7b | 241.7% | PB1.5x |