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German (DAX) Diversified Banks Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies4
- 7D0.7%
- 3M3.0%
- 1Y38.1%
- YTDn/a
The Diversified Banks industry is up 2.5% in the last week, with Commerzbank up 0.9%. This means that the industry has gained 42% over the past year. As for the next few years, earnings are expected to grow by 9.0% per annum.
Industry Valuation and Performance
Has the German Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | €18.8b | €10.5b | €2.2b | 9.1x | 8.4x | 1.8x |
| Tue, 19 Nov 2024 | €20.1b | €10.4b | €2.2b | 9.8x | 8.9x | 1.9x |
| Thu, 17 Oct 2024 | €20.5b | €10.6b | €2.3b | 8.8x | 8.9x | 1.9x |
| Sat, 14 Sep 2024 | €19.3b | €10.6b | €2.3b | 8.5x | 8.4x | 1.8x |
| Mon, 12 Aug 2024 | €15.4b | €10.6b | €2.3b | 7.7x | 6.7x | 1.4x |
| Wed, 10 Jul 2024 | €18.2b | €10.6b | €2.3b | 8.3x | 7.8x | 1.7x |
| Fri, 07 Jun 2024 | €19.0b | €10.6b | €2.3b | 8.7x | 8.2x | 1.8x |
| Sun, 05 May 2024 | €17.2b | €10.5b | €2.2b | 8.5x | 7.9x | 1.6x |
| Tue, 02 Apr 2024 | €16.0b | €10.5b | €2.2b | 9.3x | 7.4x | 1.5x |
| Thu, 29 Feb 2024 | €13.8b | €10.4b | €2.3b | 8.3x | 5.9x | 1.3x |
| Sat, 27 Jan 2024 | €14.2b | €10.5b | €2.2b | 8.9x | 6.3x | 1.4x |
| Mon, 25 Dec 2023 | €14.2b | €10.5b | €2.2b | 9x | 6.4x | 1.4x |
| Wed, 22 Nov 2023 | €14.7b | €10.5b | €2.2b | 9.1x | 6.6x | 1.4x |
| Fri, 20 Oct 2023 | €13.5b | €9.5b | €1.7b | 9.1x | 7.8x | 1.4x |
| Sun, 17 Sep 2023 | €13.1b | €9.5b | €1.7b | 9.2x | 7.6x | 1.4x |
| Tue, 15 Aug 2023 | €13.5b | €9.5b | €1.7b | 10.3x | 8x | 1.4x |
| Thu, 13 Jul 2023 | €14.6b | €9.4b | €1.6b | 9.5x | 9.1x | 1.6x |
| Sat, 10 Jun 2023 | €12.8b | €9.3b | €1.6b | 8.7x | 8.1x | 1.4x |
| Mon, 08 May 2023 | €12.7b | €9.0b | €1.3b | 9.8x | 10x | 1.4x |
| Wed, 05 Apr 2023 | €12.7b | €8.9b | €1.5b | 10.6x | 8.7x | 1.4x |
| Fri, 03 Mar 2023 | €14.6b | €8.9b | €1.5b | 9.9x | 9.8x | 1.6x |
| Sun, 29 Jan 2023 | €13.1b | €8.7b | €1.3b | 9.9x | 10.1x | 1.5x |
| Tue, 27 Dec 2022 | €11.5b | €8.7b | €1.3b | 9x | 9x | 1.3x |
| Thu, 24 Nov 2022 | €10.3b | €8.7b | €1.3b | 8x | 7.9x | 1.2x |
| Sat, 22 Oct 2022 | €10.4b | €8.9b | €1.5b | 7.2x | 7.1x | 1.2x |
| Mon, 19 Sep 2022 | €10.2b | €8.9b | €1.5b | 7.1x | 7x | 1.2x |
| Wed, 17 Aug 2022 | €9.3b | €8.9b | €1.5b | 6.4x | 6.3x | 1x |
| Fri, 15 Jul 2022 | €7.5b | €8.4b | €526.5m | 12.6x | 14.3x | 0.9x |
| Sun, 12 Jun 2022 | €10.0b | €8.4b | €526.5m | 13.2x | 19.1x | 1.2x |
| Tue, 10 May 2022 | €7.9b | €8.4b | €380.5m | 10.5x | 20.7x | 0.9x |
| Thu, 07 Apr 2022 | €8.9b | €8.4b | €378.1m | 13.6x | 23.6x | 1.1x |
| Sat, 05 Mar 2022 | €7.8b | €7.9b | -€2,652,551,395.00 | 7.6x | -2.9x | 1x |
| Mon, 31 Jan 2022 | €10.0b | €7.9b | -€2,652,551,395.00 | 9.4x | -3.8x | 1.3x |
| Wed, 29 Dec 2021 | €9.1b | €7.9b | -€2,652,551,395.00 | 10x | -3.4x | 1.2x |
Price to Earnings Ratio
-3.4x
Current Industry PE
- Investors are relatively neutral on the German Diversified Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.5x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- Total earnings for the Diversified Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.7% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does German Diversified Banks compare with similar industries?
| DE Market | -2.59% | |
| Financials | -2.96% | |
| Banks | 0.71% | |
| Diversified Banks | 0.71% | |
| Regional Banks | 0% | |
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 | |
|---|---|---|---|---|---|
| CBK Commerzbank | €15.25 | 0.9% +€165.9m | 41.6% | PB0.5x |