Has the Bulgarian Financials Sector valuation changed over the past few years?
|Mon, 29 Nov 2021||лв2.4b||лв2.7b||лв100.9m||15.4x|
|Wed, 27 Oct 2021||лв2.3b||лв2.7b||лв92.9m||16.7x|
|Fri, 24 Sep 2021||лв2.3b||лв2.7b||лв83.9m||15.9x|
|Sun, 22 Aug 2021||лв2.4b||лв2.7b||лв83.7m||14.3x|
|Fri, 09 Jul 2021||лв2.2b||лв2.7b||лв83.7m||14.2x|
|Thu, 01 Apr 2021||лв2.2b||лв2.5b||лв72.6m||13.2x|
|Sun, 03 Jan 2021||лв2.0b||лв2.5b||лв66.6m||11.4x|
|Wed, 07 Oct 2020||лв1.9b||лв2.7b||лв301.4m||11.2x|
|Tue, 30 Jun 2020||лв1.9b||лв2.5b||лв264.8m||11.6x|
|Fri, 03 Apr 2020||лв1.7b||лв2.6b||лв352.4m||10.8x|
|Mon, 06 Jan 2020||лв2.1b||лв2.5b||лв382.7m||11.4x|
|Thu, 10 Oct 2019||лв2.0b||лв2.5b||лв294.6m||9x|
|Wed, 03 Jul 2019||лв2.0b||лв2.5b||лв337.8m||9.3x|
|Sat, 06 Apr 2019||лв2.0b||лв2.3b||лв269.1m||8.7x|
|Tue, 08 Jan 2019||лв1.7b||лв2.2b||лв249.3m||11.9x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Financials industry have declined 14% per year over the last three years, while revenues for these companies have grown 11% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Bulgarian Financials sector?
Industry PE: Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 16.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 7.9x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Which companies have driven the market over the last 7 days?