Narrative Update • Jul 01

All of the companies in the Diversified Banks industry have been up over the last week, with the industry up 4.3%. This means that the industry has gained 4.2% over the past year. As for the next few years, earnings are expected to grow by 5.6% per annum.
Has the Hong Kong Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 Jul 2026 | HK$11.4t | HK$3.6t | HK$1.7t | 6x | 6.9x | 3.2x |
| Sun, 07 Jun 2026 | HK$11.9t | HK$3.6t | HK$1.7t | 6.4x | 7.2x | 3.3x |
| Tue, 05 May 2026 | HK$12.0t | HK$3.6t | HK$1.6t | 6.3x | 7.3x | 3.3x |
| Thu, 02 Apr 2026 | HK$11.8t | HK$3.5t | HK$1.6t | 6.2x | 7.3x | 3.3x |
| Sat, 28 Feb 2026 | HK$11.1t | HK$3.5t | HK$1.6t | 6.1x | 6.9x | 3.1x |
| Mon, 26 Jan 2026 | HK$11.3t | HK$3.5t | HK$1.6t | 6.1x | 7.1x | 3.2x |
| Wed, 24 Dec 2025 | HK$11.9t | HK$3.5t | HK$1.6t | 5.9x | 7.6x | 3.4x |
| Fri, 21 Nov 2025 | HK$12.6t | HK$3.4t | HK$1.6t | 6.7x | 8.1x | 3.7x |
| Sun, 19 Oct 2025 | HK$11.6t | HK$3.4t | HK$1.5t | 6.1x | 7.5x | 3.4x |
| Tue, 16 Sep 2025 | HK$11.9t | HK$3.6t | HK$1.6t | 6.2x | 7.4x | 3.4x |
| Thu, 14 Aug 2025 | HK$12.0t | HK$3.5t | HK$1.6t | 6.3x | 7.5x | 3.4x |
| Sat, 12 Jul 2025 | HK$12.3t | HK$3.5t | HK$1.6t | 6.5x | 7.7x | 3.5x |
| Mon, 09 Jun 2025 | HK$10.5t | HK$3.5t | HK$1.6t | 5.6x | 6.6x | 3x |
| Wed, 07 May 2025 | HK$9.9t | HK$3.5t | HK$1.6t | 5.5x | 6.3x | 2.8x |
| Fri, 04 Apr 2025 | HK$10.0t | HK$3.5t | HK$1.6t | 5.5x | 6.3x | 2.9x |
| Sun, 02 Mar 2025 | HK$9.7t | HK$3.5t | HK$1.6t | 5.5x | 6.2x | 2.8x |
| Tue, 28 Jan 2025 | HK$9.6t | HK$3.5t | HK$1.6t | 5.1x | 6.1x | 2.7x |
| Thu, 26 Dec 2024 | HK$9.6t | HK$3.4t | HK$1.6t | 5.1x | 6.2x | 2.8x |
| Sat, 23 Nov 2024 | HK$8.8t | HK$3.4t | HK$1.6t | 4.6x | 5.6x | 2.5x |
| Mon, 21 Oct 2024 | HK$9.3t | HK$3.5t | HK$1.6t | 4.9x | 5.9x | 2.7x |
| Wed, 18 Sep 2024 | HK$8.3t | HK$3.5t | HK$1.6t | 4.3x | 5.2x | 2.4x |
| Fri, 16 Aug 2024 | HK$8.6t | HK$3.5t | HK$1.6t | 4.4x | 5.5x | 2.5x |
| Sun, 14 Jul 2024 | HK$8.6t | HK$3.4t | HK$1.5t | 4.5x | 5.6x | 2.5x |
| Tue, 11 Jun 2024 | HK$8.4t | HK$3.4t | HK$1.6t | 4.5x | 5.4x | 2.4x |
| Thu, 09 May 2024 | HK$8.2t | HK$3.4t | HK$1.6t | 4.5x | 5.3x | 2.4x |
| Sat, 06 Apr 2024 | HK$7.8t | HK$3.5t | HK$1.6t | 4.1x | 5x | 2.2x |
| Mon, 04 Mar 2024 | HK$7.8t | HK$3.7t | HK$1.6t | 4.2x | 5x | 2.1x |
| Wed, 31 Jan 2024 | HK$7.4t | HK$3.5t | HK$1.5t | 4x | 4.9x | 2.1x |
| Fri, 29 Dec 2023 | HK$7.1t | HK$3.7t | HK$1.6t | 3.9x | 4.5x | 1.9x |
| Sun, 26 Nov 2023 | HK$7.1t | HK$3.7t | HK$1.6t | 4x | 4.5x | 1.9x |
| Tue, 24 Oct 2023 | HK$7.0t | HK$3.6t | HK$1.5t | 4x | 4.6x | 1.9x |
| Thu, 21 Sep 2023 | HK$6.9t | HK$3.6t | HK$1.5t | 4.1x | 4.5x | 1.9x |
| Sat, 19 Aug 2023 | HK$6.7t | HK$3.6t | HK$1.5t | 4.6x | 4.4x | 1.9x |
| Mon, 17 Jul 2023 | HK$7.2t | HK$3.7t | HK$1.5t | 4.9x | 4.7x | 2x |
4.7x
How does Hong Kong Diversified Banks compare with similar industries?
| HK Market | 2.85% | |
| Financials | 2.97% | |
| Banks | 3.38% | |
| Diversified Banks | 3.46% | |
| Regional Banks | 1.10% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 939 China Construction Bank | HK$8.13 | 4.5% +HK$91.6b | -2.6% | PB0.5x | |
| 3988 Bank of China | HK$5.09 | 5.8% +HK$90.2b | 8.5% | PB0.5x | |
| 1398 Industrial and Commercial Bank of China | HK$6.66 | 3.6% +HK$82.0b | 7.2% | PB0.5x | |
| 1288 Agricultural Bank of China | HK$5.49 | 3.6% +HK$66.5b | -0.5% | PB0.5x | |
| 2388 BOC Hong Kong (Holdings) | HK$45.34 | 4.9% +HK$22.4b | 23.2% | PB1.3x |