Industry Valuation and Performance
Has the Chinese Banks Industry valuation changed over the past few years?
Date Market Cap Revenue Earnings PE Absolute PE PS Tue, 29 Nov 2022 CN¥3.0t CN¥1.3t CN¥567.9b 6x 5.3x 2.3x Thu, 27 Oct 2022 CN¥2.7t CN¥1.3t CN¥558.2b 5.8x 4.9x 2.2x Sat, 24 Sep 2022 CN¥3.1t CN¥1.3t CN¥553.2b 6.4x 5.6x 2.5x Mon, 22 Aug 2022 CN¥3.1t CN¥1.2t CN¥544.7b 6.3x 5.6x 2.5x Wed, 20 Jul 2022 CN¥3.1t CN¥1.2t CN¥543.6b 6.4x 5.8x 2.5x Fri, 17 Jun 2022 CN¥3.4t CN¥1.2t CN¥541.5b 6.9x 6.3x 2.8x Sun, 15 May 2022 CN¥3.4t CN¥1.2t CN¥541.1b 6.8x 6.2x 2.7x Tue, 12 Apr 2022 CN¥3.7t CN¥1.3t CN¥531.7b 7.4x 7x 2.8x Thu, 10 Mar 2022 CN¥3.5t CN¥1.4t CN¥541.3b 6.9x 6.5x 2.5x Sat, 05 Feb 2022 CN¥3.8t CN¥1.4t CN¥541.1b 7x 7x 2.8x Mon, 03 Jan 2022 CN¥3.7t CN¥1.2t CN¥518.9b 6.8x 7.1x 3.2x Wed, 01 Dec 2021 CN¥3.7t CN¥1.2t CN¥518.9b 6.9x 7.1x 3.2x Fri, 29 Oct 2021 CN¥3.9t CN¥1.1t CN¥508.8b 7.4x 7.7x 3.4x Sun, 26 Sep 2021 CN¥3.4t CN¥1.1t CN¥495.8b 7.8x 6.8x 3x Tue, 24 Aug 2021 CN¥3.8t CN¥1.1t CN¥496.9b 7.3x 7.7x 3.4x Wed, 30 Jun 2021 CN¥4.1t CN¥1.1t CN¥487.9b 7.6x 8.4x 3.7x Sat, 03 Apr 2021 CN¥4.1t CN¥1.1t CN¥461.6b 8.4x 8.8x 3.7x Tue, 05 Jan 2021 CN¥3.6t CN¥1.0t CN¥450.2b 8.7x 8.1x 3.5x Fri, 09 Oct 2020 CN¥3.1t CN¥999.5b CN¥437.0b 7.9x 7.2x 3.1x Thu, 02 Jul 2020 CN¥3.0t CN¥1.0t CN¥444.3b 7.1x 6.8x 3x Sun, 05 Apr 2020 CN¥3.0t CN¥1.0t CN¥477.9b 6.1x 6.2x 2.9x Wed, 08 Jan 2020 CN¥3.5t CN¥1.0t CN¥466.4b 7.7x 7.6x 3.5x 1Y 3Y 5Y 10Y Price to Earnings Price to Sales Median Price to Earnings Price to Earnings Ratio
Fri, 06 Dec 2019 Total Market Cap: CN¥3.4t Total Earnings: CN¥461.7b Total Revenue: CN¥999.4b Total Market Cap vs Earnings and Revenue 0% 0% 0% Chinese Banks Industry Price to Earnings 3Y Average 7.2x 2020 2021 2022 Current Industry PE Investors are pessimistic on the Chinese Banks 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 5.3x which is lower than its 3-year average PE of 7.2x. The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.3x. Past Earnings Growth The earnings for companies in the Banks industry have grown 7.1% per year over the last three years. Revenues for these companies have grown 8.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too. Industry Trends
Which industries have driven the changes within the Chinese Financials industry?
7D 1M 3M 1Y 3Y 5Y CN Market -1.52% Financials 1.81% Banks 4.00% Regional Banks 4.77% Diversified Banks 3.75% Industry PE Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 8.1x. Analysts are expecting annual earnings growth of 17.6%, which is lower than the prior year's growth of 24.3% per year. Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 7.0x. Forecasted Growth Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 18% over the next 5 years. However this is lower than its past earnings growth rate of 24% per year. In contrast, the Diversified Banks industry is expected to see its earnings grow by 10% per year over the next few years. Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
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