Narrative Update • Aug 11

In the last week, the Diversified Banks industry is up 2.2%, with all of the companies up. In contrast, the industry has lost 15% in the last 12 months. Looking forward, earnings are forecast to grow by 5.7% annually.
Has the Chinese Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Aug 2026 | CN¥3.3t | CN¥1.2t | CN¥517.2b | 5.9x | 6.3x | 2.7x |
| Thu, 23 Jul 2026 | CN¥3.1t | CN¥1.2t | CN¥513.3b | 5.9x | 6.1x | 2.6x |
| Sat, 20 Jun 2026 | CN¥3.1t | CN¥1.2t | CN¥513.3b | 5.8x | 6x | 2.6x |
| Mon, 18 May 2026 | CN¥3.2t | CN¥1.2t | CN¥512.5b | 6x | 6.2x | 2.7x |
| Wed, 15 Apr 2026 | CN¥3.3t | CN¥1.2t | CN¥522.6b | 5.7x | 6.4x | 2.8x |
| Fri, 13 Mar 2026 | CN¥3.3t | CN¥1.4t | CN¥529.9b | 6.3x | 6.2x | 2.4x |
| Sun, 08 Feb 2026 | CN¥3.3t | CN¥1.4t | CN¥525.1b | 6.3x | 6.3x | 2.4x |
| Tue, 06 Jan 2026 | CN¥3.5t | CN¥1.2t | CN¥509.5b | 6.4x | 6.9x | 2.9x |
| Thu, 04 Dec 2025 | CN¥3.5t | CN¥1.2t | CN¥509.5b | 6.6x | 6.9x | 2.9x |
| Sat, 01 Nov 2025 | CN¥3.4t | CN¥1.2t | CN¥516.4b | 5.9x | 6.7x | 2.9x |
| Mon, 29 Sep 2025 | CN¥3.0t | CN¥1.1t | CN¥454.8b | 5.8x | 6.6x | 2.9x |
| Wed, 27 Aug 2025 | CN¥3.3t | CN¥1.0t | CN¥448.4b | 6.6x | 7.4x | 3.2x |
| Fri, 25 Jul 2025 | CN¥3.4t | CN¥1.0t | CN¥443.9b | 6.9x | 7.6x | 3.2x |
| Sun, 22 Jun 2025 | CN¥3.3t | CN¥1.0t | CN¥443.9b | 6.9x | 7.5x | 3.2x |
| Tue, 20 May 2025 | CN¥3.1t | CN¥1.1t | CN¥444.7b | 6.6x | 7.1x | 3x |
| Thu, 17 Apr 2025 | CN¥3.0t | CN¥1.1t | CN¥452.9b | 6.2x | 6.6x | 2.7x |
| Sat, 15 Mar 2025 | CN¥3.1t | CN¥1.2t | CN¥459.1b | 6.4x | 6.7x | 2.6x |
| Mon, 10 Feb 2025 | CN¥2.9t | CN¥1.2t | CN¥455.5b | 6.1x | 6.3x | 2.5x |
| Wed, 08 Jan 2025 | CN¥2.8t | CN¥1.1t | CN¥441.8b | 6x | 6.4x | 2.7x |
| Fri, 06 Dec 2024 | CN¥2.7t | CN¥1.1t | CN¥441.8b | 6x | 6.2x | 2.6x |
| Sun, 03 Nov 2024 | CN¥2.7t | CN¥1.1t | CN¥441.8b | 5.6x | 6.2x | 2.6x |
| Tue, 01 Oct 2024 | CN¥2.8t | CN¥1.1t | CN¥450.3b | 5.6x | 6.1x | 2.6x |
| Thu, 29 Aug 2024 | CN¥2.5t | CN¥1.1t | CN¥445.5b | 5.1x | 5.5x | 2.3x |
| Sat, 27 Jul 2024 | CN¥2.4t | CN¥1.0t | CN¥441.2b | 5.1x | 5.3x | 2.2x |
| Mon, 24 Jun 2024 | CN¥2.4t | CN¥1.0t | CN¥441.1b | 5.3x | 5.5x | 2.3x |
| Wed, 22 May 2024 | CN¥2.6t | CN¥1.0t | CN¥441.1b | 5.6x | 5.9x | 2.5x |
| Fri, 19 Apr 2024 | CN¥2.4t | CN¥1.2t | CN¥453.0b | 5.5x | 5.3x | 2.1x |
| Sun, 17 Mar 2024 | CN¥2.3t | CN¥1.1t | CN¥467.4b | 5.1x | 5x | 2x |
| Tue, 13 Feb 2024 | CN¥2.3t | CN¥1.1t | CN¥463.2b | 4.7x | 4.9x | 2x |
| Thu, 11 Jan 2024 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.6x | 4.6x | 2x |
| Sat, 09 Dec 2023 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.3x | 4.5x | 1.9x |
| Mon, 06 Nov 2023 | CN¥2.2t | CN¥1.1t | CN¥451.1b | 4.7x | 4.9x | 2.1x |
| Wed, 04 Oct 2023 | CN¥2.3t | CN¥1.1t | CN¥464.9b | 4.8x | 5x | 2.1x |
| Fri, 01 Sep 2023 | CN¥2.2t | CN¥1.1t | CN¥463.3b | 4.7x | 4.7x | 2.1x |
4.7x
How does Chinese Diversified Banks compare with similar industries?
| CN Market | -5.02% | |
| Financials | 1.60% | |
| Banks | 4.28% | |
| Diversified Banks | 4.35% | |
| Regional Banks | 4.09% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 601998 China CITIC Bank | CN¥8.56 | 11.3% +CN¥48.4b | 5.9% | PB0.6x | |
| 600036 China Merchants Bank | CN¥39.58 | 3.6% +CN¥34.8b | -9.8% | PB0.8x | |
| 601166 Industrial Bank | CN¥18.28 | 2.5% +CN¥9.5b | -20.3% | PB0.4x | |
| 000001 Ping An Bank | CN¥11.56 | 4.1% +CN¥8.9b | -7.1% | PB0.4x | |
| 601229 Bank of Shanghai | CN¥9.87 | 4.7% +CN¥6.3b | -0.8% | PB0.5x |