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Ghanaian (GSE) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies7
  • 7D-0.04%
  • 3M7.1%
  • 1Y40.2%
  • YTD17.8%

Over the last 7 days, the Banks industry has remained flat. As for the the longer term, the industry is up 40% over the past 12 months.

Industry Valuation and Performance

Has the Ghanaian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021GH₵8.7bGH₵6.8bGH₵2.3b4x
Wed, 27 Oct 2021GH₵8.7bGH₵6.6bGH₵2.3b4.1x
Fri, 24 Sep 2021GH₵8.5bGH₵6.5bGH₵2.3b4x
Sun, 22 Aug 2021GH₵9.8bGH₵7.1bGH₵2.4b4.1x
Fri, 09 Jul 2021GH₵9.3bGH₵7.1bGH₵2.4b4.1x
Thu, 01 Apr 2021GH₵9.0bGH₵6.8bGH₵2.3b3.9x
Sun, 03 Jan 2021GH₵8.6bGH₵6.6bGH₵2.1b3.7x
Wed, 07 Oct 2020GH₵8.2bGH₵6.4bGH₵2.0b3.9x
Tue, 30 Jun 2020GH₵8.3bGH₵6.0bGH₵1.9b4.4x
Fri, 03 Apr 2020GH₵9.1bGH₵5.8bGH₵1.8b4.4x
Mon, 06 Jan 2020GH₵9.6bGH₵5.5bGH₵1.7b5.4x
Thu, 10 Oct 2019GH₵8.8bGH₵5.2bGH₵1.4b4.7x
Wed, 03 Jul 2019GH₵9.6bGH₵5.0bGH₵1.3b6.2x
Sat, 06 Apr 2019GH₵9.8bGH₵4.8bGH₵1.3b7.7x
Tue, 08 Jan 2019GH₵9.5bGH₵4.5bGH₵1.2b6.6x
PE Ratio

6.5x

Total Market Cap: GH₵9.6bTotal Earnings: GH₵1.2bTotal Revenue: GH₵4.3b0%0%0%3 Year10 Year
201920202021

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 5.0x. 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 26% per year over the last three years, and revenues for these companies have grown 16% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Ghanaian Banks industry?

Regional Banks0%
Diversified Banks-0.038%

Industry PE: Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 5.8x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 4.9x.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 13% over the next 5 years. However this is lower than its past earnings growth rate of 25% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
No data available
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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