Have your own idea? Try our Stock Screener
Greek (ASE) Diversified Banks Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies6
- 7D-0.4%
- 3M5.5%
- 1Y22.1%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 1.3%, driven by Eurobank Ergasias Services and Holdings declining 2.1%. Over the past 12 months, the industry was up 24%. In the next few years earnings are forecast to be pretty stable.
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 |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | €24.7b | €10.3b | €4.4b | 5.7x | 5.6x | 2.4x |
| Sat, 16 Nov 2024 | €23.7b | €10.5b | €4.5b | 5.9x | 5.3x | 2.3x |
| Mon, 14 Oct 2024 | €23.2b | €9.8b | €4.3b | 5.5x | 5.4x | 2.4x |
| Wed, 11 Sep 2024 | €24.0b | €9.8b | €4.3b | 6.2x | 5.6x | 2.4x |
| Fri, 09 Aug 2024 | €23.5b | €9.9b | €4.3b | 6.1x | 5.5x | 2.4x |
| Sun, 07 Jul 2024 | €25.0b | €9.7b | €4.1b | 6.2x | 6.1x | 2.6x |
| Tue, 04 Jun 2024 | €24.6b | €9.7b | €4.1b | 6.1x | 6x | 2.5x |
| Thu, 02 May 2024 | €24.0b | €9.4b | €3.9b | 6.7x | 6.2x | 2.6x |
| Sat, 30 Mar 2024 | €23.1b | €9.3b | €3.8b | 6.1x | 6x | 2.5x |
| Mon, 26 Feb 2024 | €23.1b | €9.1b | €3.9b | 6.2x | 5.9x | 2.5x |
| Wed, 24 Jan 2024 | €21.4b | €9.0b | €3.9b | 5.8x | 5.5x | 2.4x |
| Fri, 22 Dec 2023 | €20.2b | €9.0b | €3.9b | 5.4x | 5.2x | 2.2x |
| Sun, 19 Nov 2023 | €19.8b | €9.0b | €3.9b | 5.2x | 5.1x | 2.2x |
| Tue, 17 Oct 2023 | €17.5b | €8.3b | €3.3b | 6x | 5.3x | 2.1x |
| Thu, 14 Sep 2023 | €17.1b | €8.1b | €3.2b | 5.4x | 5.3x | 2.1x |
| Sat, 12 Aug 2023 | €19.1b | €8.1b | €3.2b | 6.2x | 5.9x | 2.3x |
| Mon, 10 Jul 2023 | €18.6b | €8.7b | €3.3b | 6.1x | 5.7x | 2.1x |
| Wed, 07 Jun 2023 | €18.2b | €8.7b | €3.3b | 5.9x | 5.5x | 2.1x |
| Fri, 05 May 2023 | €14.9b | €8.9b | €3.3b | 4.3x | 4.5x | 1.7x |
| Sun, 02 Apr 2023 | €13.7b | €8.6b | €3.3b | 4x | 4.2x | 1.6x |
| Tue, 28 Feb 2023 | €16.2b | €6.4b | €2.6b | 4.3x | 6.3x | 2.5x |
| Thu, 26 Jan 2023 | €13.1b | €10.6b | €2.5b | 3.5x | 5.3x | 1.2x |
| Sat, 24 Dec 2022 | €11.3b | €10.6b | €2.5b | 3.2x | 4.6x | 1.1x |
| Mon, 21 Nov 2022 | €11.3b | €10.6b | €2.5b | 3.2x | 4.5x | 1.1x |
| Wed, 19 Oct 2022 | €10.4b | €6.8b | €1.4b | 5.6x | 7.5x | 1.5x |
| Fri, 16 Sep 2022 | €9.9b | €6.8b | €1.4b | 5.2x | 7.1x | 1.5x |
| Sun, 14 Aug 2022 | €8.0b | €6.1b | €1.7b | 5.4x | 4.7x | 1.3x |
| Tue, 12 Jul 2022 | €6.4b | €6.1b | -€1,157,000,000.00 | 6x | -5.6x | 1x |
| Thu, 09 Jun 2022 | €8.6b | €6.1b | -€1,157,000,000.00 | 7.8x | -7.4x | 1.4x |
| Sat, 07 May 2022 | €8.0b | €5.3b | -€1,896,000,000.00 | 7.1x | -4.2x | 1.5x |
| Mon, 04 Apr 2022 | €8.9b | €5.3b | -€1,896,000,000.00 | 8x | -4.7x | 1.7x |
| Wed, 02 Mar 2022 | €6.3b | €3.2b | €736.0m | 22.8x | 8.6x | 2x |
| Fri, 28 Jan 2022 | €6.7b | €3.2b | €736.0m | 24.1x | 9.1x | 2.1x |
| Sun, 26 Dec 2021 | €6.0b | €3.2b | €736.0m | 21.8x | 8.1x | 1.9x |
Price to Earnings Ratio
8.1x
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 5.5x which is higher than its 3-year average PE of 4.4x.
- The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 82% per year over the last three years.
- Revenues for these companies have grown 48% 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 | 0.048% | |
| Financials | -0.40% | |
| Banks | -0.41% | |
| Diversified Banks | -0.41% | |
| 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 | €3.92 | 1.7% +€81.0m | 19.7% | PB0.6x | |
| OPTIMA Optima bank | €12.80 | 0.8% +€7.4m | 67.5% | PB1.6x |