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Indian (NIFTY) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies36
  • 7D-2.6%
  • 3M0.8%
  • 1Y22.3%
  • YTD16.2%

Over the last 7 days, the Banks industry has dropped 2.6%, driven by a pullback from ICICI Bank of 4.5%. This takes the industry's 12 month performance to a gain of 22%.

Industry Valuation and Performance

Has the Indian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021₹29.7t₹7.0t₹1.3t16.4x
Thu, 28 Oct 2021₹33.4t₹6.7t₹1.3t18.5x
Sat, 25 Sep 2021₹30.3t₹6.6t₹1.3t17.9x
Mon, 23 Aug 2021₹28.1t₹6.6t₹1.3t17.6x
Sat, 10 Jul 2021₹28.6t₹6.6t₹1.3t19.9x
Fri, 02 Apr 2021₹26.8t₹6.3t₹1.2t22.7x
Mon, 04 Jan 2021₹24.9t₹5.7t₹956.6b24.5x
Thu, 08 Oct 2020₹17.1t₹5.3t₹792.4b16.9x
Wed, 01 Jul 2020₹16.6t₹5.0t₹673.6b16.1x
Sat, 04 Apr 2020₹14.3t₹4.9t₹671.5b13.4x
Tue, 07 Jan 2020₹23.8t₹5.1t₹665.6b23.1x
Mon, 30 Sep 2019₹21.0t₹4.7t₹514.8b20.5x
Thu, 04 Jul 2019₹22.1t₹4.3t₹495.1b28.8x
Sun, 07 Apr 2019₹21.9t₹4.0t₹272.4b32.4x
Wed, 09 Jan 2019₹19.4t₹3.6t₹41.7b21.6x
PE Ratio

20x

Total Market Cap: ₹18.9tTotal Earnings: -₹41,146,455,851.00Total Revenue: ₹3.3t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.8x which is lower than its 3-year average PE of 21.8x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: Total earnings for the Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 28% per year. This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Banks industry?

Diversified Banks-2.45%
Regional Banks-8.24%

Industry PE: Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 26.5x. This is likely because analysts are expecting annual earnings growth of 105%, which is higher than its past year's earnings growth of 35% per year. Meanwhile, investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 19.8x.

Forecasted Growth: Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 105% over the next 5 years. This is better than it's past earnings growth rate of 35% per year. Meanwhile, the Diversified Banks industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
500247 Kotak Mahindra Bank3.2%+₹122.6b6.2%PB4.5x
532388 Indian Overseas Bank5.8%+₹21.7b91.0%PB1.8x
532885 Central Bank of India6.2%+₹10.9b69.2%PB0.7x
FINOPB Fino Payments Bank10.7%+₹3.5bn/aPB24.3x
532814 Indian Bank0.1%+₹249.1m113.2%PB0.4x
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