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Hong Kong (HSI) Diversified Banks Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies15
  • 7D-1.1%
  • 3M9.0%
  • 1Y-2.2%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 1.1%, driven by Industrial and Commercial Bank of China declining 2.5%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 4.7% annually.

Industry Valuation and Performance

Has the Hong Kong Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$7.7tHK$3.7tHK$1.6t4.1x4.9x2.1x
Wed, 14 Feb 2024HK$7.4tHK$3.4tHK$1.5t4.1x4.9x2.1x
Fri, 12 Jan 2024HK$7.1tHK$3.7tHK$1.6t3.9x4.5x1.9x
Sun, 10 Dec 2023HK$6.9tHK$3.7tHK$1.6t4x4.4x1.9x
Tue, 07 Nov 2023HK$6.9tHK$3.6tHK$1.5t3.9x4.5x1.9x
Thu, 05 Oct 2023HK$6.9tHK$3.6tHK$1.5t4.1x4.5x1.9x
Sat, 02 Sep 2023HK$6.8tHK$3.6tHK$1.5t4.1x4.4x1.9x
Mon, 31 Jul 2023HK$7.2tHK$3.6tHK$1.5t4.8x4.7x2x
Wed, 28 Jun 2023HK$7.3tHK$3.6tHK$1.5t4.9x4.8x2x
Fri, 26 May 2023HK$7.5tHK$3.7tHK$1.6t4.1x4.8x2x
Sun, 23 Apr 2023HK$7.5tHK$3.8tHK$1.6t4.4x4.7x2x
Tue, 21 Mar 2023HK$7.2tHK$3.9tHK$1.6t3.9x4.5x1.9x
Thu, 16 Feb 2023HK$6.9tHK$3.8tHK$1.6t4x4.3x1.8x
Sat, 14 Jan 2023HK$7.1tHK$3.8tHK$1.6t4x4.4x1.9x
Mon, 12 Dec 2022HK$6.7tHK$3.7tHK$1.6t4.4x4.3x1.8x
Wed, 09 Nov 2022HK$6.2tHK$3.6tHK$1.5t4.2x4x1.7x
Fri, 07 Oct 2022HK$6.5tHK$3.6tHK$1.5t4.5x4.3x1.8x
Sun, 04 Sep 2022HK$6.7tHK$3.7tHK$1.5t5x4.3x1.8x
Tue, 02 Aug 2022HK$6.9tHK$3.8tHK$1.6t4.9x4.4x1.8x
Thu, 30 Jun 2022HK$7.5tHK$3.8tHK$1.6t5.3x4.7x2x
Sat, 28 May 2022HK$7.6tHK$3.8tHK$1.6t5.1x4.8x2x
Mon, 25 Apr 2022HK$7.9tHK$3.9tHK$1.6t5x4.9x2x
Wed, 23 Mar 2022HK$7.7tHK$3.8tHK$1.6t4.7x4.7x2x
Fri, 18 Feb 2022HK$8.1tHK$3.8tHK$1.6t4.7x5x2.1x
Sun, 16 Jan 2022HK$7.8tHK$3.7tHK$1.6t4.8x4.8x2.1x
Tue, 14 Dec 2021HK$7.4tHK$3.7tHK$1.6t4.7x4.6x2x
Thu, 11 Nov 2021HK$7.4tHK$3.7tHK$1.6t5.3x4.6x2x
Sat, 09 Oct 2021HK$7.5tHK$3.5tHK$1.5t5.9x4.9x2.1x
Mon, 06 Sep 2021HK$7.6tHK$3.5tHK$1.5t6.3x5x2.2x
Wed, 04 Aug 2021HK$7.3tHK$3.5tHK$1.5t6.2x4.8x2.1x
Sat, 08 May 2021HK$8.1tHK$3.3tHK$1.4t6.9x5.6x2.4x
Price to Earnings Ratio

5.9x


Total Market Cap: HK$8.5tTotal Earnings: HK$1.4tTotal Revenue: HK$3.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Diversified Banks Industry Price to Earnings3Y Average 4.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Hong Kong 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 4.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 3.0% per year over the last three years.
  • Revenues for these companies have grown 3.2% 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 Hong Kong Diversified Banks compare with similar industries?

HK Market1.55%
Financials-0.84%
Banks-1.04%
Diversified Banks-1.09%
Regional Banks-0.026%
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?

CompanyLast Price7D1YValuation
11 Hang Seng BankHK$86.950.6%
+HK$1.1b
-23.7%PB1x
2016 China Zheshang BankHK$2.210.5%
+HK$274.6m
-16.9%PB0.3x
440 Dah Sing Financial HoldingsHK$16.480.7%
+HK$38.3m
-18.2%PB0.2x
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Latest News

440

HK$16.48

Dah Sing Financial Holdings

7D

0.7%

1Y

-18.2%

2388

HK$21.20

BOC Hong Kong (Holdings)

7D

-1.2%

1Y

-14.2%

9668

HK$1.07

China Bohai Bank

7D

-4.5%

1Y

-22.5%

998

HK$4.16

China CITIC Bank

7D

-0.7%

1Y

10.9%

1398

HK$3.96

Industrial and Commercial Bank of China

7D

-2.5%

1Y

-5.9%

11

HK$86.95

Hang Seng Bank

7D

0.6%

1Y

-23.7%

3328

HK$5.19

Bank of Communications

7D

-1.1%

1Y

7.9%

1658

HK$4.11

Postal Savings Bank of China

7D

-1.9%

1Y

-17.3%

939

HK$4.78

China Construction Bank

7D

-1.6%

1Y

-5.3%

2016

HK$2.21

China Zheshang Bank

7D

0.5%

1Y

-16.9%

1288

HK$3.23

Agricultural Bank of China

7D

-1.5%

1Y

11.8%