Narrative Update • Jul 09

In the last week, the Diversified Banks industry is up 4.2%, with China Merchants Bank up 2.6%. In contrast, the industry has lost 25% in the last 12 months. Earnings are forecast to grow by 5.6% annually.
Has the Chinese Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 Jul 2026 | CN¥3.0t | CN¥1.2t | CN¥513.3b | 5.7x | 5.9x | 2.5x |
| Sun, 07 Jun 2026 | CN¥3.2t | CN¥1.2t | CN¥513.3b | 6x | 6.2x | 2.7x |
| Tue, 05 May 2026 | CN¥3.2t | CN¥1.2t | CN¥515.0b | 6.2x | 6.3x | 2.7x |
| Thu, 02 Apr 2026 | CN¥3.4t | CN¥1.2t | CN¥527.2b | 5.5x | 6.4x | 2.7x |
| Sat, 28 Feb 2026 | CN¥3.2t | CN¥1.4t | CN¥529.9b | 6.1x | 6.1x | 2.3x |
| Mon, 26 Jan 2026 | CN¥3.2t | CN¥1.4t | CN¥529.3b | 6.1x | 6.1x | 2.3x |
| Wed, 24 Dec 2025 | CN¥3.5t | CN¥1.2t | CN¥509.5b | 6.4x | 6.9x | 2.9x |
| Fri, 21 Nov 2025 | CN¥3.6t | CN¥1.2t | CN¥509.5b | 6.9x | 7.1x | 3x |
| Sun, 19 Oct 2025 | CN¥3.6t | CN¥1.2t | CN¥518.9b | 5.9x | 6.9x | 3x |
| Tue, 16 Sep 2025 | CN¥3.1t | CN¥1.1t | CN¥453.2b | 5.9x | 6.9x | 3x |
| Thu, 14 Aug 2025 | CN¥3.3t | CN¥1.1t | CN¥446.5b | 6.7x | 7.4x | 3.1x |
| Sat, 12 Jul 2025 | CN¥3.6t | CN¥1.0t | CN¥443.9b | 7.3x | 8.1x | 3.4x |
| Mon, 09 Jun 2025 | CN¥3.2t | CN¥1.1t | CN¥444.7b | 6.7x | 7.3x | 3x |
| Wed, 07 May 2025 | CN¥3.0t | CN¥1.1t | CN¥444.7b | 6.2x | 6.7x | 2.8x |
| Fri, 04 Apr 2025 | CN¥3.0t | CN¥1.1t | CN¥453.1b | 6.1x | 6.6x | 2.7x |
| Sun, 02 Mar 2025 | CN¥2.9t | CN¥1.2t | CN¥455.5b | 6.2x | 6.5x | 2.5x |
| Tue, 28 Jan 2025 | CN¥2.9t | CN¥1.2t | CN¥455.5b | 6.2x | 6.4x | 2.5x |
| Thu, 26 Dec 2024 | CN¥2.9t | CN¥1.1t | CN¥441.8b | 6.1x | 6.5x | 2.7x |
| Sat, 23 Nov 2024 | CN¥2.7t | CN¥1.1t | CN¥441.8b | 5.7x | 6x | 2.5x |
| Mon, 21 Oct 2024 | CN¥2.8t | CN¥1.1t | CN¥450.0b | 5.6x | 6.3x | 2.7x |
| Wed, 18 Sep 2024 | CN¥2.3t | CN¥1.1t | CN¥448.5b | 4.6x | 5x | 2.1x |
| Fri, 16 Aug 2024 | CN¥2.4t | CN¥1.0t | CN¥444.2b | 5.1x | 5.4x | 2.3x |
| Sun, 14 Jul 2024 | CN¥2.5t | CN¥1.0t | CN¥441.1b | 5.3x | 5.6x | 2.4x |
| Tue, 11 Jun 2024 | CN¥2.5t | CN¥1.0t | CN¥441.1b | 5.5x | 5.7x | 2.4x |
| Thu, 09 May 2024 | CN¥2.5t | CN¥1.0t | CN¥441.1b | 5.5x | 5.6x | 2.3x |
| Sat, 06 Apr 2024 | CN¥2.3t | CN¥1.2t | CN¥455.1b | 5.4x | 5.1x | 2x |
| Mon, 04 Mar 2024 | CN¥2.3t | CN¥1.1t | CN¥467.4b | 4.9x | 5x | 2x |
| Wed, 31 Jan 2024 | CN¥2.2t | CN¥1.1t | CN¥463.2b | 4.9x | 4.8x | 2x |
| Fri, 29 Dec 2023 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.4x | 4.6x | 2x |
| Sun, 26 Nov 2023 | CN¥2.2t | CN¥1.1t | CN¥456.3b | 4.4x | 4.8x | 2x |
| Tue, 24 Oct 2023 | CN¥2.2t | CN¥1.1t | CN¥464.9b | 4.6x | 4.8x | 2.1x |
| Thu, 21 Sep 2023 | CN¥2.3t | CN¥1.1t | CN¥464.9b | 4.8x | 5x | 2.1x |
| Sat, 19 Aug 2023 | CN¥2.2t | CN¥1.0t | CN¥453.3b | 4.9x | 4.9x | 2.1x |
| Mon, 17 Jul 2023 | CN¥2.2t | CN¥1.0t | CN¥456.0b | 4.7x | 4.9x | 2.1x |
4.9x
How does Chinese Diversified Banks compare with similar industries?
| CN Market | -1.39% | |
| Financials | 0.19% | |
| Banks | 1.93% | |
| Diversified Banks | 2.05% | |
| Regional Banks | 1.57% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600000 Shanghai Pudong Development Bank | CN¥9.06 | 4.3% +CN¥12.3b | -34.3% | PB0.4x | |
| 601998 China CITIC Bank | CN¥7.15 | 2.3% +CN¥8.9b | -16.0% | PB0.5x | |
| 601166 Industrial Bank | CN¥17.33 | 1.9% +CN¥6.8b | -29.1% | PB0.4x | |
| 601818 China Everbright Bank | CN¥3.06 | 2.7% +CN¥4.7b | -29.5% | PB0.3x | |
| 000001 Ping An Bank | CN¥10.45 | 1.6% +CN¥3.1b | -19.1% | PB0.4x |