Greek (ASE) Diversified Banks Industry Analysis
UpdatedJan 31, 2023
DataAggregated Company Financials
Companies5
- 7D1.4%
- 3M26.7%
- 1Y14.0%
- YTD17.7%
In the last week, the Diversified Banks industry is up 4.5%, with all of the companies up. In the last 12 months, the industry was up 14%. As for the next few years, earnings are forecast to decline by 7.2% per annum.
Industry Valuation and Performance
Has the Greek Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Jan 2023 | €13.6b | €10.6b | €2.5b | 3.7x | 5.5x | 1.3x |
| Thu, 29 Dec 2022 | €11.4b | €10.6b | €2.5b | 3.2x | 4.6x | 1.1x |
| Sat, 26 Nov 2022 | €11.8b | €10.6b | €2.5b | 3.3x | 4.8x | 1.1x |
| Mon, 24 Oct 2022 | €10.5b | €6.8b | €1.4b | 5.7x | 7.5x | 1.5x |
| Wed, 21 Sep 2022 | €10.2b | €6.8b | €1.4b | 5.4x | 7.3x | 1.5x |
| Fri, 19 Aug 2022 | €10.6b | €6.7b | €1.4b | 5.6x | 7.6x | 1.6x |
| Sun, 17 Jul 2022 | €6.2b | €6.1b | -€1,157,000,000.00 | 5.8x | -5.4x | 1x |
| Tue, 14 Jun 2022 | €8.0b | €6.1b | -€1,157,000,000.00 | 7.3x | -6.9x | 1.3x |
| Thu, 12 May 2022 | €8.0b | €5.3b | -€1,896,000,000.00 | 7x | -4.2x | 1.5x |
| Sat, 09 Apr 2022 | €8.8b | €5.3b | -€1,896,000,000.00 | 7.9x | -4.7x | 1.7x |
| Mon, 07 Mar 2022 | €5.6b | €3.2b | €736.0m | 20.5x | 7.6x | 1.8x |
| Wed, 02 Feb 2022 | €7.0b | €3.2b | €736.0m | 24.9x | 9.5x | 2.2x |
| Fri, 31 Dec 2021 | €6.0b | €3.2b | €736.0m | 21.8x | 8.1x | 1.9x |
| Sun, 28 Nov 2021 | €5.6b | €3.2b | €736.0m | 21.3x | 7.6x | 1.8x |
| Tue, 26 Oct 2021 | €5.8b | €3.2b | €727.0m | 13.9x | 8x | 1.8x |
| Thu, 23 Sep 2021 | €5.5b | €3.2b | €727.0m | 12.9x | 7.5x | 1.7x |
| Sat, 21 Aug 2021 | €5.0b | €3.2b | €727.0m | 11.9x | 6.9x | 1.6x |
| Sat, 05 Jun 2021 | €8.8b | €3.8b | -€1,586,898,000.00 | 3.9x | -5.6x | 2.3x |
| Tue, 09 Mar 2021 | €6.0b | €3.8b | -€1,361,263,000.00 | 8.5x | -4.4x | 1.6x |
| Mon, 30 Nov 2020 | €4.9b | €4.2b | -€475,861,000.00 | 7.6x | -10.3x | 1.2x |
| Thu, 03 Sep 2020 | €2.5b | €4.1b | €623.6m | 5.7x | 4x | 0.6x |
| Sun, 07 Jun 2020 | €4.1b | €5.3b | €748.0m | 11x | 5.5x | 0.8x |
| Sat, 29 Feb 2020 | €6.9b | €5.4b | €732.3m | 16.5x | 9.4x | 1.3x |
Price to Earnings Ratio
13.8x
Current Industry PE
- Investors are optimistic on the Greek Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 5.4x which is higher than its 3-year average PE of 2.1x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 25% 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 Greek Diversified Banks compare with similar industries?
| GR Market | 2.10% | |
| Financials | 1.29% | |
| Banks | 1.35% | |
| Diversified Banks | 1.35% | |
| 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 | |
|---|---|---|---|---|---|
| TPEIR Piraeus Financial Holdings | €1.87 | 3.7% +€84.3m | 25.6% | PB0.4x | |
| ETE National Bank of Greece | €4.35 | 2.1% +€83.2m | 24.6% | PB0.7x | |
| ALPHA Alpha Services and Holdings | €1.21 | 1.5% +€43.4m | -8.7% | PB0.5x | |
| EUROB Eurobank Ergasias Services and Holdings | €1.20 | 0.2% +€9.3m | 19.9% | PB0.7x |