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Chinese (SSE) Diversified Banks Industry Analysis
UpdatedDec 18, 2024
DataAggregated Company Financials
Companies12
- 7D-1.9%
- 3M20.2%
- 1Y33.1%
- YTDn/a
In the last week, Diversified Banks has been flat. The past year has been better, since the industry has gained 33% in that time. Earnings are forecast to grow by 7.2% annually.
Industry Valuation and Performance
Has the Chinese Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Dec 2024 | CN¥2.7t | CN¥1.1t | CN¥441.8b | 6x | 6.2x | 2.6x |
| Fri, 15 Nov 2024 | CN¥2.7t | CN¥1.1t | CN¥441.8b | 5.7x | 6.1x | 2.6x |
| Sun, 13 Oct 2024 | CN¥2.8t | CN¥1.1t | CN¥450.3b | 5.4x | 6.2x | 2.6x |
| Tue, 10 Sep 2024 | CN¥2.3t | CN¥1.1t | CN¥450.4b | 4.7x | 5x | 2.1x |
| Thu, 08 Aug 2024 | CN¥2.3t | CN¥1.0t | CN¥441.2b | 5x | 5.3x | 2.2x |
| Sat, 06 Jul 2024 | CN¥2.4t | CN¥1.0t | CN¥441.1b | 5.4x | 5.5x | 2.3x |
| Mon, 03 Jun 2024 | CN¥2.5t | CN¥1.0t | CN¥441.1b | 5.6x | 5.7x | 2.4x |
| Wed, 01 May 2024 | CN¥2.5t | CN¥1.2t | CN¥451.3b | 5.3x | 5.4x | 2.1x |
| Fri, 29 Mar 2024 | CN¥2.3t | CN¥1.2t | CN¥467.3b | 5.2x | 5x | 2x |
| Sun, 25 Feb 2024 | CN¥2.4t | CN¥1.1t | CN¥463.2b | 5.1x | 5.2x | 2.1x |
| Tue, 23 Jan 2024 | CN¥2.1t | CN¥1.1t | CN¥463.2b | 4.6x | 4.6x | 1.9x |
| Thu, 21 Dec 2023 | CN¥2.0t | CN¥1.1t | CN¥456.3b | 4.3x | 4.5x | 1.9x |
| Sat, 18 Nov 2023 | CN¥2.2t | CN¥1.1t | CN¥456.3b | 4.4x | 4.8x | 2x |
| Mon, 16 Oct 2023 | CN¥2.3t | CN¥1.1t | CN¥464.9b | 4.8x | 5x | 2.1x |
| Wed, 13 Sep 2023 | CN¥2.3t | CN¥1.1t | CN¥464.9b | 4.8x | 5x | 2.1x |
| Fri, 11 Aug 2023 | CN¥2.3t | CN¥1.0t | CN¥456.0b | 5x | 5.1x | 2.2x |
| Sun, 09 Jul 2023 | CN¥2.2t | CN¥1.0t | CN¥456.0b | 4.6x | 4.8x | 2.1x |
| Tue, 06 Jun 2023 | CN¥2.3t | CN¥1.0t | CN¥456.0b | 5x | 5.1x | 2.2x |
| Thu, 04 May 2023 | CN¥2.3t | CN¥1.2t | CN¥468.9b | 4.7x | 5x | 1.9x |
| Sat, 01 Apr 2023 | CN¥2.3t | CN¥1.2t | CN¥466.9b | 4.4x | 5x | 1.9x |
| Mon, 27 Feb 2023 | CN¥2.4t | CN¥1.1t | CN¥466.4b | 4.5x | 5.1x | 2.2x |
| Wed, 25 Jan 2023 | CN¥2.6t | CN¥835.2b | CN¥461.2b | 4.6x | 5.6x | 3.1x |
| Fri, 23 Dec 2022 | CN¥2.4t | CN¥1.0t | CN¥446.2b | 4.6x | 5.3x | 2.3x |
| Sun, 20 Nov 2022 | CN¥2.2t | CN¥1.0t | CN¥446.2b | 4.4x | 4.9x | 2.1x |
| Tue, 18 Oct 2022 | CN¥2.1t | CN¥1.0t | CN¥438.0b | 4.3x | 4.9x | 2.1x |
| Thu, 15 Sep 2022 | CN¥2.3t | CN¥1.0t | CN¥438.0b | 4.5x | 5.3x | 2.3x |
| Sat, 13 Aug 2022 | CN¥2.3t | CN¥1.0t | CN¥431.1b | 4.5x | 5.4x | 2.3x |
| Mon, 11 Jul 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 4.9x | 5.9x | 2.6x |
| Wed, 08 Jun 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 4.9x | 6x | 2.6x |
| Fri, 06 May 2022 | CN¥2.6t | CN¥1.0t | CN¥427.0b | 5.4x | 6.1x | 2.5x |
| Sun, 03 Apr 2022 | CN¥2.9t | CN¥1.1t | CN¥424.3b | 5.7x | 6.8x | 2.6x |
| Tue, 01 Mar 2022 | CN¥3.0t | CN¥1.1t | CN¥436.1b | 5.5x | 6.8x | 2.6x |
| Thu, 27 Jan 2022 | CN¥3.0t | CN¥1.1t | CN¥437.0b | 5.6x | 7x | 2.7x |
| Sat, 25 Dec 2021 | CN¥2.9t | CN¥944.8b | CN¥419.8b | 5.2x | 7x | 3.1x |
Price to Earnings Ratio
7x
Current Industry PE
- Investors are optimistic on the Chinese Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.2x which is higher than its 3-year average PE of 5.5x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Chinese Diversified Banks compare with similar industries?
| CN Market | -2.62% | |
| Financials | -3.24% | |
| Banks | -1.95% | |
| Diversified Banks | -1.95% | |
| Regional Banks | -1.97% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 601825 Shanghai Rural Commercial Bank | CN¥8.26 | 1.5% +CN¥1.2b | 45.7% | PB0.7x |