Has the Egyptian Banks Industry valuation changed over the past few years?
|Mon, 06 Dec 2021||ج.م169.3b||ج.م60.6b||ج.م26.1b||4.2x|
|Wed, 03 Nov 2021||ج.م170.4b||ج.م58.5b||ج.م25.0b||3.7x|
|Fri, 01 Oct 2021||ج.م152.0b||ج.م58.2b||ج.م24.9b||4.3x|
|Sun, 29 Aug 2021||ج.م161.7b||ج.م58.2b||ج.م24.9b||4.9x|
|Mon, 05 Jul 2021||ج.م139.9b||ج.م58.2b||ج.م24.9b||4.6x|
|Thu, 08 Apr 2021||ج.م145.0b||ج.م57.0b||ج.م24.0b||4.1x|
|Sun, 10 Jan 2021||ج.م151.6b||ج.م57.1b||ج.م23.6b||3.8x|
|Sat, 03 Oct 2020||ج.م154.6b||ج.م58.2b||ج.م24.6b||3.4x|
|Tue, 07 Jul 2020||ج.م156.1b||ج.م59.5b||ج.م25.9b||3.5x|
|Fri, 10 Apr 2020||ج.م150.7b||ج.م59.6b||ج.م26.6b||3.2x|
|Thu, 02 Jan 2020||ج.م199.4b||ج.م58.9b||ج.م27.3b||2.7x|
|Sun, 06 Oct 2019||ج.م185.8b||ج.م57.2b||ج.م26.4b||3x|
|Wed, 10 Jul 2019||ج.م182.1b||ج.م54.9b||ج.م25.1b||3.3x|
|Tue, 02 Apr 2019||ج.م176.2b||ج.م52.4b||ج.م24.1b||3.6x|
|Fri, 04 Jan 2019||ج.م156.2b||ج.م49.5b||ج.م22.9b||3.2x|
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 3.7x. 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 4.4% per year over the last three years, and revenues for these companies have grown 7.0% 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 Egyptian Banks industry?
Industry PE: Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 3.7x. This is likely because analysts are expecting annual earnings growth of 16%, which is higher than its past year's earnings growth of 11% per year. Meanwhile, investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 4.0x.
Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 16% over the next 5 years. This is better than it's past earnings growth rate of 11% per year. Meanwhile, the Regional Banks industry is expected to see its earnings grow by 12% per year over the next few years.
Which companies have driven the market over the last 7 days?
|QNBA QNB AlahliE||1.7%+ج.م560.3m||-7.3%||PB0.8x|
|COMI Commercial International Bank (Egypt)E||0.2%+ج.م157.6m||9.0%||PB1.5x|
|HDBK Housing and Development Bank- Egypt (S.A.E)||2.1%+ج.م124.5m||25.1%||PB0.6x|
|ADIB Abu Dhabi Islamic Bank - EgyptE||4.2%+ج.م120.0m||19.9%||PB0.5x|
|CIEB Credit Agricole - Egypt Bank (S.A.E.)||1.0%+ج.م90.2m||8.4%||PB1.1x|
Abu Dhabi Islamic Bank - EgyptE
Suez Canal Bank (S.A.E)