Ghanaian (GSE) Diversified Banks Industry Analysis
UpdatedFeb 08, 2023
DataAggregated Company Financials
Companies8
- 7D-1.8%
- 3M-5.0%
- 1Y-11.3%
- YTD-2.7%
Over the last 7 days, the Diversified Banks industry has dropped 2.1%, driven by declines from every company within the industry. The industry has fallen 11% in the last year. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Ghanaian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 Feb 2023 | GH₵9.7b | GH₵9.1b | GH₵2.6b | 3.2x | 3.7x | 1.1x |
| Fri, 06 Jan 2023 | GH₵9.9b | GH₵9.0b | GH₵2.6b | 3.4x | 3.8x | 1.1x |
| Sun, 04 Dec 2022 | GH₵9.6b | GH₵8.6b | GH₵2.5b | 3x | 3.8x | 1.1x |
| Tue, 01 Nov 2022 | GH₵9.6b | GH₵8.8b | GH₵2.8b | 3x | 3.4x | 1.1x |
| Thu, 29 Sep 2022 | GH₵9.6b | GH₵8.5b | GH₵2.7b | 3.1x | 3.6x | 1.1x |
| Sat, 27 Aug 2022 | GH₵9.4b | GH₵8.5b | GH₵2.7b | 3.1x | 3.5x | 1.1x |
| Mon, 25 Jul 2022 | GH₵9.8b | GH₵8.0b | GH₵2.5b | 3.9x | 3.9x | 1.2x |
| Wed, 22 Jun 2022 | GH₵10.0b | GH₵8.0b | GH₵2.5b | 4.4x | 4x | 1.3x |
| Fri, 20 May 2022 | GH₵10.1b | GH₵7.9b | GH₵2.5b | 4.4x | 4.1x | 1.3x |
| Sun, 17 Apr 2022 | GH₵10.1b | GH₵7.6b | GH₵2.4b | 4.2x | 4.1x | 1.3x |
| Tue, 15 Mar 2022 | GH₵10.0b | GH₵7.4b | GH₵2.4b | 3.9x | 4.1x | 1.4x |
| Thu, 10 Feb 2022 | GH₵8.4b | GH₵6.7b | GH₵2.3b | 3.3x | 3.6x | 1.3x |
| Sat, 08 Jan 2022 | GH₵8.5b | GH₵6.7b | GH₵2.3b | 3.3x | 3.7x | 1.3x |
| Mon, 06 Dec 2021 | GH₵8.6b | GH₵6.7b | GH₵2.3b | 3.3x | 3.7x | 1.3x |
| Wed, 03 Nov 2021 | GH₵8.6b | GH₵6.7b | GH₵2.3b | 3.4x | 3.8x | 1.3x |
| Fri, 01 Oct 2021 | GH₵8.6b | GH₵6.5b | GH₵2.3b | 3.5x | 3.8x | 1.3x |
| Sun, 29 Aug 2021 | GH₵9.8b | GH₵7.0b | GH₵2.4b | 3.8x | 4.1x | 1.4x |
| Mon, 05 Jul 2021 | GH₵9.2b | GH₵7.0b | GH₵2.4b | 3.6x | 3.9x | 1.3x |
| Thu, 08 Apr 2021 | GH₵9.0b | GH₵6.8b | GH₵2.3b | 3.8x | 4x | 1.3x |
| Sun, 10 Jan 2021 | GH₵8.6b | GH₵6.6b | GH₵2.1b | 3.3x | 4x | 1.3x |
| Sat, 03 Oct 2020 | GH₵8.1b | GH₵6.3b | GH₵2.0b | 3.4x | 4.1x | 1.3x |
| Tue, 07 Jul 2020 | GH₵8.2b | GH₵6.0b | GH₵1.9b | 3.9x | 4.4x | 1.4x |
| Fri, 10 Apr 2020 | GH₵9.0b | GH₵5.7b | GH₵1.8b | 4.2x | 5.1x | 1.6x |
Price to Earnings Ratio
5.6x
Current Industry PE
- Investors are relatively neutral on the Ghanaian 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 4.1x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Ghanaian Diversified Banks compare with similar industries?
| GH Market | -0.26% | |
| Financials | -1.62% | |
| Banks | -1.73% | |
| Diversified Banks | -1.76% | |
| 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 | |
|---|---|---|---|---|---|
| No data available | |||||