Ghanaian (GSE) Diversified Banks Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies7
- 7D0%
- 3M9.2%
- 1Y22.3%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 1.5%, driven by gains from every company within the industry. This means that the industry has gained 21% over the past year.
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 |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | GH₵9.8b | GH₵12.4b | GH₵3.3b | 2.8x | 3x | 0.8x |
| Sat, 23 Mar 2024 | GH₵9.5b | GH₵7.7b | GH₵719.8m | 3.8x | 13.1x | 1.2x |
| Mon, 19 Feb 2024 | GH₵9.0b | GH₵5.3b | -GH₵993,215,644.00 | 66.1x | -9x | 1.7x |
| Wed, 17 Jan 2024 | GH₵8.9b | GH₵5.3b | -GH₵993,215,644.00 | 66.1x | -9x | 1.7x |
| Fri, 15 Dec 2023 | GH₵9.0b | GH₵5.3b | -GH₵993,215,644.00 | 66.1x | -9.1x | 1.7x |
| Sun, 12 Nov 2023 | GH₵9.7b | GH₵5.3b | -GH₵993,215,644.00 | 73.1x | -9.8x | 1.8x |
| Tue, 10 Oct 2023 | GH₵9.1b | GH₵4.6b | -GH₵1,216,451,644.00 | 7.1x | -7.5x | 2x |
| Thu, 07 Sep 2023 | GH₵8.0b | GH₵4.6b | -GH₵1,216,451,644.00 | 5.4x | -6.6x | 1.7x |
| Sat, 05 Aug 2023 | GH₵7.8b | GH₵4.5b | -GH₵1,218,455,644.00 | 3.6x | -6.4x | 1.7x |
| Mon, 03 Jul 2023 | GH₵7.6b | GH₵3.7b | -GH₵1,483,677,644.00 | 3.8x | -5.1x | 2x |
| Wed, 31 May 2023 | GH₵7.6b | GH₵7.1b | GH₵1.4b | 4.3x | 5.3x | 1.1x |
| Fri, 28 Apr 2023 | GH₵8.3b | GH₵8.9b | GH₵2.5b | 3.2x | 3.3x | 0.9x |
| Sun, 26 Mar 2023 | GH₵8.6b | GH₵9.1b | GH₵2.6b | 2.5x | 3.3x | 0.9x |
| Tue, 21 Feb 2023 | GH₵9.5b | GH₵9.1b | GH₵2.6b | 3.2x | 3.7x | 1.1x |
| Thu, 19 Jan 2023 | GH₵9.9b | GH₵9.0b | GH₵2.6b | 3.4x | 3.8x | 1.1x |
| Sat, 17 Dec 2022 | GH₵9.5b | GH₵8.6b | GH₵2.5b | 3x | 3.7x | 1.1x |
| Mon, 14 Nov 2022 | GH₵9.6b | GH₵8.6b | GH₵2.5b | 3x | 3.8x | 1.1x |
| Wed, 12 Oct 2022 | GH₵9.6b | GH₵8.5b | GH₵2.7b | 3.1x | 3.6x | 1.1x |
| Fri, 09 Sep 2022 | GH₵9.6b | GH₵8.5b | GH₵2.7b | 3.4x | 3.6x | 1.1x |
| Sun, 07 Aug 2022 | GH₵9.7b | GH₵8.5b | GH₵2.7b | 3x | 3.6x | 1.1x |
| Tue, 05 Jul 2022 | GH₵10.0b | GH₵8.0b | GH₵2.5b | 4.4x | 4x | 1.3x |
| Thu, 02 Jun 2022 | GH₵10.0b | GH₵7.9b | GH₵2.5b | 4.4x | 4.1x | 1.3x |
| Sat, 30 Apr 2022 | GH₵10.1b | GH₵7.7b | GH₵2.4b | 4.2x | 4.1x | 1.3x |
| Mon, 28 Mar 2022 | GH₵10.0b | GH₵7.5b | GH₵2.4b | 4.2x | 4.3x | 1.3x |
| Wed, 23 Feb 2022 | GH₵10.1b | GH₵7.3b | GH₵2.4b | 3.9x | 4.2x | 1.4x |
| Fri, 21 Jan 2022 | GH₵8.5b | GH₵6.7b | GH₵2.3b | 3.3x | 3.7x | 1.3x |
| Sun, 19 Dec 2021 | GH₵8.5b | GH₵6.7b | GH₵2.3b | 3.3x | 3.7x | 1.3x |
| Tue, 16 Nov 2021 | GH₵8.6b | GH₵6.7b | GH₵2.3b | 3.3x | 3.7x | 1.3x |
| Thu, 14 Oct 2021 | GH₵8.6b | GH₵6.5b | GH₵2.3b | 3.5x | 3.8x | 1.3x |
| Sat, 11 Sep 2021 | GH₵8.2b | GH₵6.5b | GH₵2.3b | 3.5x | 3.6x | 1.3x |
| Mon, 09 Aug 2021 | GH₵9.8b | GH₵7.0b | GH₵2.4b | 3.8x | 4.1x | 1.4x |
| Sun, 02 May 2021 | GH₵9.1b | GH₵6.8b | GH₵2.3b | 3.8x | 4.1x | 1.4x |
Price to Earnings Ratio
4.1x
Current Industry PE
- Investors are optimistic on the Ghanaian Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 3.0x which is higher than its 3-year average PE of 1.0x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 22% 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% | |
| Financials | 0% | |
| Banks | 0% | |
| Diversified Banks | 0% | |
| 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 | |||||