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Canadian (TSX) Diversified Banks Industry Analysis

UpdatedMay 24, 2022
DataAggregated Company Financials
Companies7
  • 7D-0.4%
  • 3M-12.0%
  • 1Y3.1%
  • YTD-8.0%

Over the last 7 days, the Diversified Banks industry has remained flat. As for the the longer term, the industry is up 3.1% over the past 12 months. Earnings are forecast to grow by 4.3% annually.

Industry Valuation and Performance

Has the Canadian Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 24 May 2022CA$624.7bCA$182.9bCA$58.5b10.4x
Thu, 21 Apr 2022CA$670.9bCA$182.9bCA$58.5b11.7x
Sat, 19 Mar 2022CA$706.3bCA$182.9bCA$58.5b11.7x
Mon, 14 Feb 2022CA$725.1bCA$179.6bCA$56.1b13x
Wed, 12 Jan 2022CA$701.4bCA$179.6bCA$56.1b12.5x
Fri, 10 Dec 2021CA$650.5bCA$179.6bCA$56.2b11.1x
Sun, 07 Nov 2021CA$648.5bCA$174.2bCA$55.0b11.5x
Tue, 05 Oct 2021CA$610.3bCA$174.2bCA$55.0b10.9x
Thu, 02 Sep 2021CA$613.5bCA$174.2bCA$55.0b11.2x
Sat, 31 Jul 2021CA$604.6bCA$174.2bCA$55.0b11.1x
Tue, 04 May 2021CA$579.3bCA$166.1bCA$49.6b11.9x
Fri, 05 Feb 2021CA$497.0bCA$153.2bCA$41.6b11.7x
Mon, 09 Nov 2020CA$424.1bCA$150.9bCA$39.9b11.1x
Sun, 02 Aug 2020CA$415.8bCA$150.8bCA$37.9b10.8x
Wed, 06 May 2020CA$396.4bCA$152.3bCA$40.0b9.4x
Sat, 08 Feb 2020CA$508.5bCA$162.8bCA$46.3b11.2x
Fri, 01 Nov 2019CA$516.1bCA$160.1bCA$45.0b11.2x
Mon, 05 Aug 2019CA$509.4bCA$158.9bCA$45.7b10.5x
Median PE Ratio

10.3x


Total Market Cap: CA$495.1bTotal Earnings: CA$45.5bTotal Revenue: CA$156.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Diversified Banks Industry Median PE3Y Average 11.3x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.3x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 8.8% per year over the last three years.
  • Revenues for these companies have grown 5.4% 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 Canadian Diversified Banks compare with similar industries?

CA Market0.16%
Financials-0.42%
Banks-0.42%
Diversified Banks-0.42%
Regional Banks0.14%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
NA National Bank of CanadaCA$94.282.0%
+CA$625.7m
-0.05%PB1.8x
RY Royal Bank of CanadaCA$127.250.3%
+CA$507.1m
3.1%PB1.9x
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