Over the last 7 days, the Financials industry has remained flat. The past year has been better, since the industry has gained 7.3% in that time. As for the next few years, earnings are forecast to decline by 1.1% per annum.
Sector Valuation and Performance
Has the Czech Financials Sector valuation changed over the past few years?
Investors are pessimistic on the Czech Financials 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 8.1x which is lower than its 3-year average PE of 11.7x.
The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
The earnings for companies in the Financials industry have grown 21% per year over the last three years.
Revenues for these companies have grown 12% 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 Czech Financials sector?
Investors are most optimistic about the Diversified Financial industry even though it's trading below its 3-year average PE ratio of 28.8x.
It looks like they are confident that earnings will grow faster in the future than they have historically.
Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 11.5x.
Despite it being negative, analysts are least pessimistic on the Banks industry since they expect its earnings to decline by only 1.1% per year over the next 5 years, which isn't as bad as the other industries.
This is an improvement from its past earnings decline of 2.4% per year.
In contrast, the Banks industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?