Has the Bahraini Banks Industry valuation changed over the past few years?
|Mon, 29 Nov 2021||ب.د13.6b||ب.د3.1b||ب.د655.5m||14x|
|Wed, 27 Oct 2021||ب.د13.4b||ب.د2.9b||ب.د574.9m||15.3x|
|Fri, 24 Sep 2021||ب.د13.2b||ب.د2.9b||ب.د574.9m||14.9x|
|Sun, 22 Aug 2021||ب.د13.0b||ب.د3.0b||ب.د557.5m||14.6x|
|Fri, 09 Jul 2021||ب.د12.2b||ب.د3.0b||ب.د557.5m||14.6x|
|Thu, 01 Apr 2021||ب.د10.9b||ب.د2.8b||ب.د527.7m||14.9x|
|Sun, 03 Jan 2021||ب.د11.3b||ب.د2.7b||ب.د403.4m||15.3x|
|Wed, 07 Oct 2020||ب.د11.5b||ب.د2.9b||ب.د671.1m||13.6x|
|Tue, 30 Jun 2020||ب.د9.6b||ب.د3.1b||ب.د803.1m||10.4x|
|Fri, 03 Apr 2020||ب.د10.7b||ب.د3.3b||ب.د945.5m||9.8x|
|Mon, 06 Jan 2020||ب.د13.9b||ب.د3.5b||ب.د1.1b||11.8x|
|Thu, 10 Oct 2019||ب.د12.4b||ب.د3.4b||ب.د1.1b||10.8x|
|Wed, 03 Jul 2019||ب.د12.0b||ب.د3.4b||ب.د1.1b||10.1x|
|Sat, 06 Apr 2019||ب.د11.3b||ب.د3.3b||ب.د1.1b||10.4x|
|Tue, 08 Jan 2019||ب.د9.6b||ب.د3.3b||ب.د1.1b||11.5x|
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.
Which industries have driven the changes within the Bahraini Banks industry?
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.
Which companies have driven the market over the last 7 days?
|BBK Bank of Bahrain and Kuwait B.S.C||0.2%+ب.د1.5m||18.5%||PB1.4x|