Indian (NIFTY) Diversified Banks Industry Analysis
UpdatedMay 26, 2022
DataAggregated Company Financials
Companies31
- 7D-0.01%
- 3M-3.1%
- 1Y-2.2%
- YTD-7.5%
The Diversified Banks is pretty flat in the last 7 days, but HDFC Bank has stood out, gaining 5.4%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Indian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | ₹26.9t | ₹7.8t | ₹1.7t | 13.6x |
| Mon, 25 Apr 2022 | ₹28.5t | ₹7.3t | ₹1.6t | 13.2x |
| Wed, 23 Mar 2022 | ₹28.8t | ₹7.2t | ₹1.5t | 12.4x |
| Fri, 18 Feb 2022 | ₹29.7t | ₹7.2t | ₹1.5t | 13.2x |
| Sun, 16 Jan 2022 | ₹30.5t | ₹6.9t | ₹1.3t | 16.5x |
| Tue, 14 Dec 2021 | ₹29.6t | ₹6.9t | ₹1.3t | 16.2x |
| Thu, 11 Nov 2021 | ₹31.1t | ₹6.9t | ₹1.3t | 16.3x |
| Sat, 09 Oct 2021 | ₹29.6t | ₹6.5t | ₹1.2t | 16.3x |
| Mon, 06 Sep 2021 | ₹28.4t | ₹6.5t | ₹1.2t | 15.4x |
| Wed, 04 Aug 2021 | ₹28.1t | ₹6.5t | ₹1.2t | 16.3x |
| Sat, 08 May 2021 | ₹25.3t | ₹6.2t | ₹1.1t | 21x |
| Tue, 09 Feb 2021 | ₹23.3t | ₹5.5t | ₹918.4b | 23.7x |
| Mon, 02 Nov 2020 | ₹18.0t | ₹5.2t | ₹752.5b | 16.3x |
| Thu, 06 Aug 2020 | ₹15.8t | ₹4.9t | ₹634.9b | 11.1x |
| Sun, 10 May 2020 | ₹15.5t | ₹4.7t | ₹633.0b | 13.4x |
| Sat, 01 Feb 2020 | ₹21.7t | ₹4.9t | ₹622.8b | 18.8x |
| Tue, 05 Nov 2019 | ₹20.9t | ₹4.6t | ₹480.6b | 21.3x |
| Fri, 09 Aug 2019 | ₹19.8t | ₹4.2t | ₹467.7b | 23.8x |
Median PE Ratio
29.6x
Current Industry PE
- Investors are more pessimistic on the 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 13.6x which is lower than its 3-year average PE of 18.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 93% per year over the last three years.
- Revenues for these companies have grown 26% 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 Indian Diversified Banks compare with similar industries?
| IN Market | -3.09% | |
| Financials | -1.20% | |
| Banks | -0.15% | |
| Diversified Banks | -0.01% | |
| Regional Banks | -3.81% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HDFCBANK HDFC Bank | ₹1.39k | 5.4% +₹394.7b | -7.4% | PB3.1x | |
| 500247 Kotak Mahindra Bank | ₹1.95k | 6.4% +₹232.4b | 8.1% | PB4x | |
| ICICIBANK ICICI Bank | ₹739.80 | 4.3% +₹210.7b | 15.0% | PB2.8x | |
| SBIN State Bank of India | ₹468.95 | 1.4% +₹58.5b | 11.1% | PB1.4x | |
| 532215 Axis Bank | ₹688.55 | 2.3% +₹47.2b | -6.9% | PB1.8x |