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Emirati (ADX) Diversified Banks Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies17
- 7D1.0%
- 3M2.7%
- 1Y10.5%
- YTDn/a
Last week, the Diversified Banks industry hasn't moved much but Abu Dhabi Commercial Bank PJSC is up 4.1% in that time. The past year has been better, since the industry has gained 9.2% in that time. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the Emirati Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | د.إ552.1b | د.إ135.5b | د.إ76.3b | 7.7x | 7.2x | 4.1x |
| Sat, 19 Oct 2024 | د.إ568.8b | د.إ137.0b | د.إ78.3b | 7.8x | 7.3x | 4.2x |
| Mon, 16 Sep 2024 | د.إ569.1b | د.إ136.5b | د.إ77.4b | 8.5x | 7.4x | 4.2x |
| Wed, 14 Aug 2024 | د.إ554.1b | د.إ136.5b | د.إ77.4b | 7.6x | 7.2x | 4.1x |
| Fri, 12 Jul 2024 | د.إ523.5b | د.إ131.1b | د.إ75.0b | 7.5x | 7x | 4x |
| Sun, 09 Jun 2024 | د.إ506.3b | د.إ131.1b | د.إ75.0b | 7.2x | 6.7x | 3.9x |
| Tue, 07 May 2024 | د.إ524.2b | د.إ131.0b | د.إ75.0b | 7.9x | 7x | 4x |
| Thu, 04 Apr 2024 | د.إ532.3b | د.إ125.1b | د.إ72.3b | 7.8x | 7.4x | 4.3x |
| Sat, 02 Mar 2024 | د.إ559.1b | د.إ125.1b | د.إ72.6b | 8.3x | 7.7x | 4.5x |
| Mon, 29 Jan 2024 | د.إ564.9b | د.إ121.5b | د.إ69.0b | 8.7x | 8.2x | 4.6x |
| Wed, 27 Dec 2023 | د.إ523.2b | د.إ119.3b | د.إ67.4b | 8.3x | 7.8x | 4.4x |
| Fri, 24 Nov 2023 | د.إ518.2b | د.إ119.3b | د.إ67.4b | 8.2x | 7.7x | 4.3x |
| Sun, 22 Oct 2023 | د.إ497.7b | د.إ110.7b | د.إ62.3b | 8.6x | 8x | 4.5x |
| Tue, 19 Sep 2023 | د.إ533.8b | د.إ110.8b | د.إ62.3b | 8.7x | 8.6x | 4.8x |
| Thu, 17 Aug 2023 | د.إ531.1b | د.إ110.8b | د.إ62.3b | 9x | 8.5x | 4.8x |
| Sat, 15 Jul 2023 | د.إ520.7b | د.إ102.7b | د.إ54.5b | 8.7x | 9.5x | 5.1x |
| Mon, 12 Jun 2023 | د.إ488.0b | د.إ102.4b | د.إ54.2b | 9x | 9x | 4.8x |
| Wed, 10 May 2023 | د.إ502.2b | د.إ101.9b | د.إ54.0b | 9.3x | 9.3x | 4.9x |
| Fri, 07 Apr 2023 | د.إ477.1b | د.إ94.5b | د.إ49.6b | 9.4x | 9.6x | 5x |
| Sun, 05 Mar 2023 | د.إ488.5b | د.إ94.4b | د.إ50.9b | 9.4x | 9.6x | 5.2x |
| Tue, 31 Jan 2023 | د.إ471.9b | د.إ92.1b | د.إ49.4b | 10.2x | 9.6x | 5.1x |
| Thu, 29 Dec 2022 | د.إ521.4b | د.إ88.5b | د.إ48.1b | 9.6x | 10.8x | 5.9x |
| Sat, 26 Nov 2022 | د.إ533.0b | د.إ88.5b | د.إ48.1b | 9.7x | 11.1x | 6x |
| Mon, 24 Oct 2022 | د.إ531.9b | د.إ84.1b | د.إ44.3b | 10.6x | 12x | 6.3x |
| Wed, 21 Sep 2022 | د.إ543.6b | د.إ84.1b | د.إ44.3b | 11.2x | 12.3x | 6.5x |
| Fri, 19 Aug 2022 | د.إ553.4b | د.إ84.1b | د.إ42.7b | 10.5x | 12.9x | 6.6x |
| Sun, 17 Jul 2022 | د.إ516.3b | د.إ78.8b | د.إ40.7b | 10.5x | 12.7x | 6.6x |
| Tue, 14 Jun 2022 | د.إ535.4b | د.إ78.8b | د.إ40.7b | 11.2x | 13.2x | 6.8x |
| Thu, 12 May 2022 | د.إ563.6b | د.إ78.8b | د.إ40.7b | 11.9x | 13.8x | 7.2x |
| Sat, 09 Apr 2022 | د.إ606.4b | د.إ73.0b | د.إ35.4b | 14x | 17.1x | 8.3x |
| Mon, 07 Mar 2022 | د.إ595.5b | د.إ72.9b | د.إ35.4b | 13.2x | 16.8x | 8.2x |
| Wed, 02 Feb 2022 | د.إ528.0b | د.إ69.5b | د.إ30.6b | 13.7x | 17.3x | 7.6x |
| Fri, 31 Dec 2021 | د.إ515.8b | د.إ66.2b | د.إ28.4b | 13.2x | 18.1x | 7.8x |
| Sun, 28 Nov 2021 | د.إ513.6b | د.إ66.2b | د.إ28.4b | 12.8x | 18.1x | 7.8x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are pessimistic on the Emirian 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 7.2x which is lower than its 3-year average PE of 10.4x.
- The 3-year average PS ratio of 5.5x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 27% 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 Emirati Diversified Banks compare with similar industries?
| AE Market | 0.37% | |
| Financials | 0.94% | |
| Banks | 1.00% | |
| Diversified Banks | 1.00% | |
| 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 | |
|---|---|---|---|---|---|
| ADCB Abu Dhabi Commercial Bank PJSC | د.إ9.89 | 4.5% +د.إ3.1b | 18.7% | PB1x | |
| EMIRATESNBD Emirates NBD Bank PJSC | د.إ19.95 | 2.3% +د.إ2.8b | 11.5% | PB1x | |
| DIB Dubai Islamic Bank P.J.S.C | د.إ6.72 | 3.5% +د.إ1.7b | 20.9% | PB1.1x | |
| ADIB Abu Dhabi Islamic Bank PJSC | د.إ13.14 | 3.3% +د.إ1.5b | 25.9% | PB1.8x | |
| AJMANBANK Ajman Bank PJSC | د.إ1.80 | 5.9% +د.إ269.0m | -13.0% | PB1.6x |