Why Investors Shouldn't Be Surprised By Baloise Holding AG's (VTX:BALN) P/E
Jan 04
Have your own idea? Try our Stock Screener
Swiss (SMI) Financials Sector Analysis
UpdatedFeb 04, 2025
DataAggregated Company Financials
Companies44
- 7D-0.09%
- 3M11.9%
- 1Y22.0%
- YTD5.8%
The Financials industry has been flat over the last week, but Julius Bär Gruppe has lost 9.9%. As for the the longer term, the industry is up 22% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.
Sector Valuation and Performance
Has the Swiss Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Feb 2025 | CHF 376.6b | CHF 242.6b | CHF 58.2b | 16.3x | 6.5x | 1.6x |
| Thu, 02 Jan 2025 | CHF 345.6b | CHF 241.3b | CHF 58.1b | 14.9x | 5.9x | 1.4x |
| Sat, 30 Nov 2024 | CHF 351.9b | CHF 237.2b | CHF 57.8b | 14.7x | 6.1x | 1.5x |
| Mon, 28 Oct 2024 | CHF 337.4b | CHF 238.5b | CHF 56.3b | 14.5x | 6x | 1.4x |
| Wed, 25 Sep 2024 | CHF 328.1b | CHF 234.7b | CHF 56.0b | 14.5x | 5.9x | 1.4x |
| Fri, 23 Aug 2024 | CHF 323.7b | CHF 233.5b | CHF 56.2b | 14.6x | 5.8x | 1.4x |
| Sun, 21 Jul 2024 | CHF 320.9b | CHF 224.0b | CHF 68.2b | 14.4x | 4.7x | 1.4x |
| Tue, 18 Jun 2024 | CHF 321.4b | CHF 224.1b | CHF 68.3b | 13.9x | 4.7x | 1.4x |
| Thu, 16 May 2024 | CHF 321.7b | CHF 227.1b | CHF 68.3b | 13.6x | 4.7x | 1.4x |
| Sat, 13 Apr 2024 | CHF 315.0b | CHF 193.7b | CHF 39.4b | 13.7x | 8x | 1.6x |
| Mon, 11 Mar 2024 | CHF 323.8b | CHF 200.3b | CHF 40.0b | 14x | 8.1x | 1.6x |
| Wed, 07 Feb 2024 | CHF 303.2b | CHF 184.6b | CHF 53.1b | 13.4x | 5.7x | 1.6x |
| Fri, 05 Jan 2024 | CHF 305.4b | CHF 211.3b | CHF 58.4b | 13x | 5.2x | 1.4x |
| Sun, 03 Dec 2023 | CHF 301.5b | CHF 213.8b | CHF 59.1b | 13.5x | 5.1x | 1.4x |
| Tue, 31 Oct 2023 | CHF 283.5b | CHF 202.1b | CHF 49.6b | 13.7x | 5.7x | 1.4x |
| Thu, 28 Sep 2023 | CHF 287.0b | CHF 203.9b | CHF 50.2b | 13.8x | 5.7x | 1.4x |
| Sat, 26 Aug 2023 | CHF 272.6b | CHF 198.7b | CHF 25.1b | 14.2x | 10.9x | 1.4x |
| Mon, 24 Jul 2023 | CHF 269.7b | CHF 191.8b | CHF 23.9b | 13.9x | 11.3x | 1.4x |
| Wed, 21 Jun 2023 | CHF 263.5b | CHF 195.7b | CHF 24.4b | 15x | 10.8x | 1.3x |
| Fri, 19 May 2023 | CHF 260.4b | CHF 196.6b | CHF 24.4b | 14.6x | 10.7x | 1.3x |
| Sun, 16 Apr 2023 | CHF 275.8b | CHF 181.1b | CHF 11.8b | 15.1x | 23.4x | 1.5x |
| Tue, 14 Mar 2023 | CHF 269.1b | CHF 185.7b | CHF 12.1b | 14.9x | 22.2x | 1.4x |
| Thu, 09 Feb 2023 | CHF 290.8b | CHF 194.1b | CHF 11.5b | 14.6x | 25.2x | 1.5x |
| Sat, 07 Jan 2023 | CHF 279.9b | CHF 195.6b | CHF 11.3b | 13.9x | 24.7x | 1.4x |
| Mon, 05 Dec 2022 | CHF 272.1b | CHF 196.9b | CHF 11.5b | 14x | 23.7x | 1.4x |
| Wed, 02 Nov 2022 | CHF 259.0b | CHF 205.2b | CHF 12.9b | 12.8x | 20.1x | 1.3x |
| Fri, 30 Sep 2022 | CHF 241.1b | CHF 205.2b | CHF 17.6b | 12.3x | 13.7x | 1.2x |
| Sun, 28 Aug 2022 | CHF 265.3b | CHF 208.3b | CHF 17.7b | 12.8x | 15x | 1.3x |
| Tue, 26 Jul 2022 | CHF 264.2b | CHF 231.7b | CHF 20.1b | 12.3x | 13.1x | 1.1x |
| Thu, 23 Jun 2022 | CHF 259.6b | CHF 230.9b | CHF 20.0b | 12.1x | 13x | 1.1x |
| Sat, 21 May 2022 | CHF 279.7b | CHF 233.6b | CHF 20.8b | 12.6x | 13.4x | 1.2x |
| Mon, 18 Apr 2022 | CHF 299.3b | CHF 253.6b | CHF 46.4b | 13.4x | 6.5x | 1.2x |
| Wed, 16 Mar 2022 | CHF 284.1b | CHF 252.0b | CHF 46.0b | 13.4x | 6.2x | 1.1x |
| Fri, 11 Feb 2022 | CHF 318.2b | CHF 271.6b | CHF 67.7b | 14.8x | 4.7x | 1.2x |
Price to Earnings Ratio
4.7x
Current Industry PE
- Investors are pessimistic on the Swiss Financials 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 6.5x which is lower than its 3-year average PE of 10.6x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Financials industry have declined 4.9% per year over the last three years,
- Revenues have also declined 3.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Swiss Financials sector?
| CH Market | 0.70% | |
| Financials | -0.088% | |
| Banks | 0.75% | |
| Consumer Finance | 0.39% | |
| Insurance | 0.22% | |
| Mortgage Finance | 0% | 0 |
| Mortgage REITs | 0% | 0 |
| Capital Markets | -0.55% | |
| Diversified Financial | -1.10% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 19.6x.
- Analysts are expecting annual earnings growth of 19.9%, which is higher than its past year's earnings decline of 3.3% per year.
- Investors are most pessimistic about the Diversified Financial industry, which is trading close to its 3-year average of 0.0085x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 3.3% per year.
- In contrast, the Banks industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZURN Zurich Insurance Group | CHF 553.20 | 1.0% +CHF 806.3m | 25.5% | PE17.8x | |
| PGHN Partners Group Holding | CHF 1.38k | 1.2% +CHF 443.8m | 17.9% | PE37.5x | |
| GRKP Graubündner Kantonalbank | CHF 1.84k | 4.3% +CHF 186.9m | 7.6% | PB1.6x | |
| SQN Swissquote Group Holding | CHF 399.20 | 2.5% +CHF 142.6m | 84.5% | PE23.2x | |
| VZN VZ Holding | CHF 155.00 | 1.3% +CHF 79.0m | 55.0% | PE30.2x |
