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Hong Kong (HSI) Diversified Banks Industry Analysis

UpdatedFeb 27, 2024
DataAggregated Company Financials
Companies15
  • 7D3.6%
  • 3M9.4%
  • 1Y3.0%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 5.5%, and Industrial and Commercial Bank of China contributed the most with a gain of 5.3%. This takes the industry's 12 month performance to a gain of 3.7%. Earnings are forecast to grow by 4.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Feb 2024HK$7.8tHK$3.7tHK$1.6t4.2x4.9x2.1x
Thu, 25 Jan 2024HK$7.2tHK$3.5tHK$1.5t4.1x4.7x2.1x
Sat, 23 Dec 2023HK$7.0tHK$3.7tHK$1.6t3.9x4.5x1.9x
Mon, 20 Nov 2023HK$7.0tHK$3.7tHK$1.6t3.8x4.5x1.9x
Wed, 18 Oct 2023HK$7.2tHK$3.6tHK$1.5t4x4.7x2x
Fri, 15 Sep 2023HK$6.9tHK$3.6tHK$1.5t4.3x4.5x1.9x
Sun, 13 Aug 2023HK$6.9tHK$3.6tHK$1.5t4.6x4.5x1.9x
Tue, 11 Jul 2023HK$7.0tHK$3.6tHK$1.5t4.7x4.6x1.9x
Thu, 08 Jun 2023HK$7.6tHK$3.7tHK$1.5t4.1x4.9x2.1x
Sat, 06 May 2023HK$8.0tHK$3.8tHK$1.6t4.4x5x2.1x
Mon, 03 Apr 2023HK$7.1tHK$3.7tHK$1.6t4x4.4x1.9x
Wed, 01 Mar 2023HK$6.8tHK$3.7tHK$1.6t4x4.3x1.8x
Fri, 27 Jan 2023HK$7.1tHK$3.8tHK$1.6t4.2x4.4x1.9x
Sun, 25 Dec 2022HK$6.6tHK$3.7tHK$1.6t4.2x4.2x1.8x
Tue, 22 Nov 2022HK$6.3tHK$3.6tHK$1.5t4.2x4.1x1.7x
Thu, 20 Oct 2022HK$6.3tHK$3.6tHK$1.5t4.2x4.2x1.8x
Sat, 17 Sep 2022HK$6.6tHK$3.7tHK$1.5t4.9x4.3x1.8x
Mon, 15 Aug 2022HK$6.9tHK$3.8tHK$1.6t4.8x4.3x1.8x
Wed, 13 Jul 2022HK$7.2tHK$3.8tHK$1.6t5.4x4.6x1.9x
Fri, 10 Jun 2022HK$7.5tHK$3.8tHK$1.6t5.3x4.7x2x
Sun, 08 May 2022HK$7.6tHK$3.8tHK$1.6t4.9x4.7x2x
Tue, 05 Apr 2022HK$8.1tHK$3.8tHK$1.6t4.9x4.9x2.1x
Thu, 03 Mar 2022HK$7.8tHK$3.8tHK$1.6t4.6x4.8x2x
Sat, 29 Jan 2022HK$7.8tHK$3.8tHK$1.6t4.6x4.8x2.1x
Mon, 27 Dec 2021HK$7.5tHK$3.7tHK$1.6t4.8x4.6x2x
Wed, 24 Nov 2021HK$7.4tHK$3.7tHK$1.6t4.9x4.6x2x
Fri, 22 Oct 2021HK$7.6tHK$3.6tHK$1.5t5.9x4.9x2.1x
Sun, 19 Sep 2021HK$7.5tHK$3.5tHK$1.5t5.8x4.9x2.1x
Tue, 17 Aug 2021HK$7.4tHK$3.5tHK$1.5t6.2x4.9x2.1x
Tue, 01 Jun 2021HK$8.4tHK$3.3tHK$1.4t7.3x5.8x2.5x
Fri, 05 Mar 2021HK$8.2tHK$3.3tHK$1.4t7.4x5.7x2.5x
Price to Earnings Ratio

5.7x


Total Market Cap: HK$8.2tTotal 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 3.3% per year over the last three years.
  • Revenues for these companies have grown 3.5% 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 Market3.64%
Financials3.47%
Banks3.54%
Diversified Banks3.64%
Regional Banks1.30%
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
1398 Industrial and Commercial Bank of ChinaHK$4.084.1%
+HK$57.0b
3.3%PB0.4x
939 China Construction BankHK$4.893.4%
+HK$40.0b
0.8%PB0.4x
1288 Agricultural Bank of ChinaHK$3.232.2%
+HK$24.5b
17.9%PB0.4x
3988 Bank of ChinaHK$3.112.6%
+HK$23.6b
7.2%PB0.3x
3328 Bank of CommunicationsHK$5.175.7%
+HK$20.8b
10.7%PB0.3x
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Latest News

3328

HK$5.17

Bank of Communications

7D

5.7%

1Y

10.7%

3988

HK$3.11

Bank of China

7D

2.6%

1Y

7.2%

1398

HK$4.08

Industrial and Commercial Bank of China

7D

4.1%

1Y

3.3%

1658

HK$4.18

Postal Savings Bank of China

7D

3.2%

1Y

-13.1%

939

HK$4.89

China Construction Bank

7D

3.4%

1Y

0.8%

1288

HK$3.23

Agricultural Bank of China

7D

2.2%

1Y

17.9%

2388

HK$20.60

BOC Hong Kong (Holdings)

7D

6.8%

1Y

-22.6%