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Bahraini (BAX) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies9
  • 7D-3.1%
  • 3M3.6%
  • 1Y18.0%
  • YTD20.4%

Over the last 7 days, the Banks industry has dropped 3.1%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 18%.

Industry Valuation and Performance

Has the Bahraini Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021ب.د13.6bب.د3.1bب.د655.5m14x
Wed, 27 Oct 2021ب.د13.4bب.د2.9bب.د574.9m15.3x
Fri, 24 Sep 2021ب.د13.2bب.د2.9bب.د574.9m14.9x
Sun, 22 Aug 2021ب.د13.0bب.د3.0bب.د557.5m14.6x
Fri, 09 Jul 2021ب.د12.2bب.د3.0bب.د557.5m14.6x
Thu, 01 Apr 2021ب.د10.9bب.د2.8bب.د527.7m14.9x
Sun, 03 Jan 2021ب.د11.3bب.د2.7bب.د403.4m15.3x
Wed, 07 Oct 2020ب.د11.5bب.د2.9bب.د671.1m13.6x
Tue, 30 Jun 2020ب.د9.6bب.د3.1bب.د803.1m10.4x
Fri, 03 Apr 2020ب.د10.7bب.د3.3bب.د945.5m9.8x
Mon, 06 Jan 2020ب.د13.9bب.د3.5bب.د1.1b11.8x
Thu, 10 Oct 2019ب.د12.4bب.د3.4bب.د1.1b10.8x
Wed, 03 Jul 2019ب.د12.0bب.د3.4bب.د1.1b10.1x
Sat, 06 Apr 2019ب.د11.3bب.د3.3bب.د1.1b10.4x
Tue, 08 Jan 2019ب.د9.6bب.د3.3bب.د1.1b11.5x
PE Ratio

9.7x

Total Market Cap: ب.د9.5bTotal Earnings: ب.د1.0bTotal Revenue: ب.د3.2b0%0%0%3 Year10 Year
201920202021

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 12.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have declined 14% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Bahraini Banks industry?

Diversified Banks-3.09%

Industry PE: Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 12.3x. This is likely because analysts are expecting annual earnings growth of 21%, which is higher than its past year's earnings decline of 8.6% per year.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 21% over the next 5 years. This is better than its past earnings decline of 8.6% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
BBK Bank of Bahrain and Kuwait B.S.C0.2%+ب.د1.5m18.5%PB1.4x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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