Has the Colombian Banks Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||Col$107.1t||Col$64.1t||Col$13.1t||7.2x|
|Sat, 30 Oct 2021||Col$116.0t||Col$58.4t||Col$10.4t||8.3x|
|Mon, 27 Sep 2021||Col$110.0t||Col$58.4t||Col$10.4t||8.1x|
|Wed, 25 Aug 2021||Col$112.0t||Col$58.4t||Col$10.4t||8.1x|
|Thu, 01 Jul 2021||Col$104.3t||Col$58.4t||Col$10.4t||8.1x|
|Sun, 04 Apr 2021||Col$111.3t||Col$53.1t||Col$7.2t||10.7x|
|Wed, 06 Jan 2021||Col$119.6t||Col$53.2t||Col$6.9t||11.4x|
|Sat, 10 Oct 2020||Col$96.6t||Col$55.1t||Col$8.5t||9.6x|
|Fri, 03 Jul 2020||Col$94.6t||Col$56.7t||Col$9.7t||8.3x|
|Mon, 06 Apr 2020||Col$104.6t||Col$60.0t||Col$12.4t||8.1x|
|Thu, 09 Jan 2020||Col$145.9t||Col$61.2t||Col$13.6t||10.2x|
|Wed, 02 Oct 2019||Col$135.1t||Col$68.2t||Col$14.3t||9.1x|
|Sat, 06 Jul 2019||Col$125.3t||Col$64.1t||Col$13.9t||8.4x|
|Tue, 09 Apr 2019||Col$121.9t||Col$63.9t||Col$13.2t||7.2x|
|Mon, 31 Dec 2018||Col$101.7t||Col$63.5t||Col$12.5t||7.3x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Banks industry have grown 4.5% per year over the last three years, and revenues for these companies have grown 9.1% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Colombian Banks industry?
Industry PE: Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 9.4x. However analysts are expecting annual earnings growth of 18%, which is lower than the prior year's growth of 38% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 6.7x.
Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 18% over the next 5 years. However this is lower than its past earnings growth rate of 38% per year.
Banco de Bogotá