Has the Indonesian Banks Industry valuation changed over the past few years?
|Fri, 26 Nov 2021||Rp2962.5t||Rp374.9t||Rp108.5t||30.4x|
|Sun, 24 Oct 2021||Rp2862.2t||Rp355.4t||Rp97.4t||33.3x|
|Tue, 21 Sep 2021||Rp2546.7t||Rp352.5t||Rp96.1t||27.1x|
|Thu, 19 Aug 2021||Rp2552.5t||Rp352.7t||Rp96.1t||27.3x|
|Thu, 03 Jun 2021||Rp2443.8t||Rp330.0t||Rp82.2t||71.2x|
|Sun, 07 Mar 2021||Rp2624.3t||Rp335.7t||Rp86.6t||86.1x|
|Wed, 09 Dec 2020||Rp2146.5t||Rp360.9t||Rp104.6t||26.3x|
|Tue, 01 Sep 2020||Rp1980.2t||Rp379.1t||Rp118.3t||23.4x|
|Fri, 05 Jun 2020||Rp51667.9t||Rp397.4t||Rp136.2t||19.6x|
|Mon, 09 Mar 2020||Rp52194.3t||Rp385.6t||Rp133.7t||21.1x|
|Sun, 01 Dec 2019||Rp52225.8t||Rp381.6t||Rp132.1t||19.2x|
|Wed, 04 Sep 2019||Rp52244.4t||Rp376.7t||Rp130.2t||22.4x|
|Sat, 08 Jun 2019||Rp52214.0t||Rp371.7t||Rp128.8t||23x|
|Fri, 01 Mar 2019||Rp52175.3t||Rp364.8t||Rp125.8t||21.4x|
|Mon, 03 Dec 2018||Rp52056.6t||Rp352.9t||Rp120.2t||21.7x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 29.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Banks industry have declined 3.4% per year over the last three years, while revenues for these companies have grown 2.0% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Indonesian Banks industry?
Industry PE: Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 55.2x. However analysts are expecting annual earnings growth of 24%, which is lower than the prior year's growth of 36% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Diversified Banks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 21.2x.
Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 24% over the next 5 years. This is better than it's past earnings growth rate of 7.2% per year. Meanwhile, the Regional Banks industry is expected to see its earnings grow by 24% per year over the next few years.
Which companies have driven the market over the last 7 days?
Bank Rakyat Indonesia Agroniaga
Bank Syariah Indonesia
Bank Maybank Indonesia
Bank Aladin Syariah
Bank BTPN Syariah
Bank Negara Indonesia (Persero)
Bank Rakyat Indonesia (Persero)
Bank Tabungan Negara (Persero)
Bank Central Asia
Bank Danamon Indonesia
Bank Mestika Dharma
Allo Bank Indonesia
Bank Mandiri (Persero)
Bank KB Bukopin