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Apr 12
Israeli (TA) Diversified Banks Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies7
- 7D-5.4%
- 3M3.7%
- 1Y12.9%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has remained flat. As for the the longer term, the industry is up 16% over the past 12 months. As for the next few years, earnings are forecast to decline by 5.2% per annum.
Industry Valuation and Performance
Has the Israeli Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | ₪163.2b | ₪79.2b | ₪26.8b | 6x | 6.1x | 2.1x |
| Thu, 14 Mar 2024 | ₪164.0b | ₪80.0b | ₪27.4b | 6.1x | 6x | 2.1x |
| Sat, 10 Feb 2024 | ₪159.0b | ₪81.1b | ₪27.5b | 5.8x | 5.8x | 2x |
| Mon, 08 Jan 2024 | ₪167.7b | ₪81.1b | ₪27.5b | 5.9x | 6.1x | 2.1x |
| Wed, 06 Dec 2023 | ₪161.8b | ₪81.1b | ₪27.5b | 5.7x | 5.9x | 2x |
| Fri, 03 Nov 2023 | ₪157.0b | ₪81.0b | ₪27.8b | 5.3x | 5.7x | 1.9x |
| Sun, 01 Oct 2023 | ₪176.2b | ₪81.0b | ₪27.8b | 6.1x | 6.3x | 2.2x |
| Tue, 29 Aug 2023 | ₪166.1b | ₪81.0b | ₪27.8b | 5.7x | 6x | 2.1x |
| Thu, 27 Jul 2023 | ₪166.8b | ₪76.5b | ₪25.5b | 6.3x | 6.5x | 2.2x |
| Sat, 24 Jun 2023 | ₪159.9b | ₪76.5b | ₪25.5b | 6x | 6.3x | 2.1x |
| Mon, 22 May 2023 | ₪164.4b | ₪73.6b | ₪25.4b | 6.7x | 6.5x | 2.2x |
| Wed, 19 Apr 2023 | ₪148.3b | ₪72.7b | ₪24.8b | 6x | 6x | 2x |
| Fri, 17 Mar 2023 | ₪153.1b | ₪71.1b | ₪24.1b | 6.4x | 6.3x | 2.2x |
| Sun, 12 Feb 2023 | ₪150.5b | ₪67.9b | ₪22.0b | 6.9x | 6.8x | 2.2x |
| Tue, 10 Jan 2023 | ₪158.9b | ₪67.9b | ₪22.0b | 7.3x | 7.2x | 2.3x |
| Thu, 08 Dec 2022 | ₪164.9b | ₪67.7b | ₪22.0b | 7.7x | 7.5x | 2.4x |
| Sat, 05 Nov 2022 | ₪178.4b | ₪65.6b | ₪20.6b | 8.8x | 8.7x | 2.7x |
| Mon, 03 Oct 2022 | ₪157.3b | ₪65.6b | ₪20.6b | 7.7x | 7.7x | 2.4x |
| Wed, 31 Aug 2022 | ₪182.2b | ₪65.6b | ₪20.5b | 8.9x | 8.9x | 2.8x |
| Fri, 29 Jul 2022 | ₪163.8b | ₪65.9b | ₪20.5b | 8x | 8x | 2.5x |
| Sun, 26 Jun 2022 | ₪151.9b | ₪65.9b | ₪20.5b | 7.3x | 7.4x | 2.3x |
| Tue, 24 May 2022 | ₪161.2b | ₪64.3b | ₪19.1b | 8.5x | 8.4x | 2.5x |
| Thu, 21 Apr 2022 | ₪170.9b | ₪64.3b | ₪19.1b | 8.6x | 8.9x | 2.7x |
| Sat, 19 Mar 2022 | ₪165.4b | ₪64.0b | ₪19.0b | 8.4x | 8.7x | 2.6x |
| Mon, 14 Feb 2022 | ₪168.9b | ₪62.2b | ₪17.9b | 9.1x | 9.4x | 2.7x |
| Wed, 12 Jan 2022 | ₪175.0b | ₪62.2b | ₪17.9b | 9.4x | 9.8x | 2.8x |
| Fri, 10 Dec 2021 | ₪157.0b | ₪62.2b | ₪17.9b | 8.4x | 8.8x | 2.5x |
| Sun, 07 Nov 2021 | ₪156.0b | ₪57.8b | ₪15.5b | 9.9x | 10.1x | 2.7x |
| Tue, 05 Oct 2021 | ₪142.2b | ₪57.8b | ₪15.5b | 9.1x | 9.2x | 2.5x |
| Thu, 02 Sep 2021 | ₪139.4b | ₪57.4b | ₪15.3b | 9.6x | 9.1x | 2.4x |
| Sat, 31 Jul 2021 | ₪128.4b | ₪57.4b | ₪15.3b | 8.7x | 8.4x | 2.2x |
| Tue, 04 May 2021 | ₪123.0b | ₪50.5b | ₪11.5b | 11.5x | 10.7x | 2.4x |
Price to Earnings Ratio
10.7x
Current Industry PE
- Investors are pessimistic on the Israeli Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.1x which is lower than its 3-year average PE of 7.8x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 16% 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 Israeli Diversified Banks compare with similar industries?
| IL Market | -4.25% | |
| Financials | -5.27% | |
| Banks | -5.35% | |
| Diversified Banks | -5.36% | |
| Regional Banks | -0.68% | |
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 | |
|---|---|---|---|---|---|
| JBNK Bank of Jerusalem | ₪13.42 | 2.8% +₪25.4m | 16.8% | PB0.7x |