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Hong Kong (HSI) Diversified Banks Industry Analysis
UpdatedApr 15, 2025
DataAggregated Company Financials
Companies15
- 7D6.0%
- 3M10.8%
- 1Y32.3%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 5.2%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 30%. As for the next few years, earnings are expected to grow by 4.7% per annum.
Industry Valuation and Performance
Has the Hong Kong Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | HK$9.7t | HK$3.4t | HK$1.6t | 5.3x | 6.2x | 2.8x |
| Thu, 13 Mar 2025 | HK$9.7t | HK$3.5t | HK$1.6t | 5.7x | 6.2x | 2.8x |
| Sat, 08 Feb 2025 | HK$9.4t | HK$3.5t | HK$1.6t | 5.2x | 6x | 2.7x |
| Mon, 06 Jan 2025 | HK$9.3t | HK$3.4t | HK$1.5t | 5.1x | 6x | 2.7x |
| Wed, 04 Dec 2024 | HK$9.0t | HK$3.4t | HK$1.6t | 4.7x | 5.8x | 2.6x |
| Fri, 01 Nov 2024 | HK$8.9t | HK$3.5t | HK$1.6t | 4.6x | 5.5x | 2.5x |
| Sun, 29 Sep 2024 | HK$9.0t | HK$3.5t | HK$1.6t | 4.6x | 5.6x | 2.5x |
| Tue, 27 Aug 2024 | HK$9.1t | HK$3.5t | HK$1.6t | 4.6x | 5.8x | 2.6x |
| Thu, 25 Jul 2024 | HK$8.6t | HK$3.4t | HK$1.5t | 4.5x | 5.6x | 2.5x |
| Sat, 22 Jun 2024 | HK$8.3t | HK$3.4t | HK$1.5t | 4.6x | 5.3x | 2.4x |
| Mon, 20 May 2024 | HK$8.5t | HK$3.4t | HK$1.6t | 4.9x | 5.5x | 2.5x |
| Wed, 17 Apr 2024 | HK$8.0t | HK$3.4t | HK$1.6t | 4.2x | 5.1x | 2.3x |
| Fri, 15 Mar 2024 | HK$7.7t | HK$3.7t | HK$1.6t | 4.2x | 4.9x | 2.1x |
| Sun, 11 Feb 2024 | HK$7.4t | HK$3.5t | HK$1.5t | 4x | 4.9x | 2.1x |
| Tue, 09 Jan 2024 | HK$7.1t | HK$3.7t | HK$1.6t | 3.9x | 4.6x | 1.9x |
| Thu, 07 Dec 2023 | HK$6.9t | HK$3.7t | HK$1.6t | 4x | 4.4x | 1.9x |
| Sat, 04 Nov 2023 | HK$7.0t | HK$3.6t | HK$1.5t | 4x | 4.5x | 1.9x |
| Mon, 02 Oct 2023 | HK$6.9t | HK$3.6t | HK$1.5t | 3.9x | 4.5x | 1.9x |
| Wed, 30 Aug 2023 | HK$6.8t | HK$3.6t | HK$1.5t | 4.5x | 4.5x | 1.9x |
| Fri, 28 Jul 2023 | HK$7.1t | HK$3.6t | HK$1.5t | 4.7x | 4.6x | 1.9x |
| Sun, 25 Jun 2023 | HK$7.4t | HK$3.6t | HK$1.5t | 4x | 4.8x | 2x |
| Tue, 23 May 2023 | HK$6.7t | HK$3.7t | HK$1.6t | 4.3x | 4.3x | 1.8x |
| Thu, 20 Apr 2023 | HK$7.6t | HK$3.8t | HK$1.6t | 4.4x | 4.8x | 2x |
| Sat, 18 Mar 2023 | HK$7.2t | HK$3.8t | HK$1.6t | 4x | 4.5x | 1.9x |
| Mon, 13 Feb 2023 | HK$7.0t | HK$3.8t | HK$1.6t | 4x | 4.3x | 1.8x |
| Wed, 11 Jan 2023 | HK$7.0t | HK$3.8t | HK$1.6t | 4.1x | 4.3x | 1.8x |
| Fri, 09 Dec 2022 | HK$6.6t | HK$3.7t | HK$1.6t | 4.3x | 4.3x | 1.8x |
| Sun, 06 Nov 2022 | HK$6.0t | HK$3.6t | HK$1.5t | 4x | 4x | 1.7x |
| Tue, 04 Oct 2022 | HK$6.4t | HK$3.6t | HK$1.5t | 4.4x | 4.2x | 1.8x |
| Thu, 01 Sep 2022 | HK$6.7t | HK$3.7t | HK$1.5t | 5.1x | 4.3x | 1.8x |
| Sat, 30 Jul 2022 | HK$6.9t | HK$3.8t | HK$1.6t | 5x | 4.4x | 1.8x |
| Mon, 27 Jun 2022 | HK$7.6t | HK$3.8t | HK$1.6t | 5.3x | 4.7x | 2x |
| Wed, 25 May 2022 | HK$7.5t | HK$3.8t | HK$1.6t | 5.2x | 4.7x | 2x |
| Fri, 22 Apr 2022 | HK$7.9t | HK$3.9t | HK$1.6t | 4.9x | 4.9x | 2x |
Price to Earnings Ratio
4.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.1x which is higher than its 3-year average PE of 4.9x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 4.2% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Hong Kong Diversified Banks compare with similar industries?
| HK Market | 8.17% | |
| Financials | 6.36% | |
| Banks | 5.95% | |
| Diversified Banks | 5.96% | |
| Regional Banks | 5.50% | |
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 | |
|---|---|---|---|---|---|
| 1288 Agricultural Bank of China | HK$4.53 | 8.4% +HK$122.5b | 36.0% | PB0.5x | |
| 1398 Industrial and Commercial Bank of China | HK$5.32 | 6.2% +HK$110.5b | 33.0% | PB0.5x | |
| 939 China Construction Bank | HK$6.63 | 6.6% +HK$102.5b | 39.3% | PB0.5x | |
| 3988 Bank of China | HK$4.46 | 7.5% +HK$91.3b | 37.7% | PB0.5x | |
| 1658 Postal Savings Bank of China | HK$4.82 | 6.6% +HK$29.7b | 23.0% | PB0.4x |