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Indian (NIFTY) Diversified Banks Industry Analysis

UpdatedJul 12, 2024
DataAggregated Company Financials
Companies35
  • 7D-1.1%
  • 3M5.7%
  • 1Y25.6%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 1.1%, driven by HDFC Bank declining 6.1%. In the past year, the industry has gained 26%. Earnings are forecast to grow by 9.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Jul 2024₹50.7t₹12.8t₹3.4t11.8x15x4x
Sun, 09 Jun 2024₹49.0t₹12.9t₹3.4t11.5x14.4x3.8x
Tue, 07 May 2024₹48.3t₹12.5t₹3.3t12x14.5x3.9x
Thu, 04 Apr 2024₹47.4t₹11.7t₹3.1t12x15.3x4.1x
Sat, 02 Mar 2024₹46.7t₹11.7t₹3.1t11.7x15.1x4x
Mon, 29 Jan 2024₹42.9t₹11.5t₹3.1t12.1x13.7x3.7x
Wed, 27 Dec 2023₹44.3t₹10.8t₹3.0t12.5x14.9x4.1x
Fri, 24 Nov 2023₹40.3t₹10.8t₹3.0t12x13.5x3.7x
Sun, 22 Oct 2023₹40.3t₹10.5t₹2.8t13.9x14.2x3.8x
Tue, 19 Sep 2023₹42.6t₹10.1t₹2.8t13.4x15.4x4.2x
Thu, 17 Aug 2023₹39.8t₹10.1t₹2.8t13.4x14.4x3.9x
Sat, 15 Jul 2023₹39.9t₹9.3t₹2.4t14.1x16.3x4.3x
Mon, 12 Jun 2023₹35.6t₹9.4t₹2.4t12.6x14.6x3.8x
Wed, 10 May 2023₹35.4t₹9.1t₹2.3t11.1x15.4x3.9x
Fri, 07 Apr 2023₹33.6t₹8.4t₹2.3t11x14.7x4x
Sun, 05 Mar 2023₹34.0t₹8.4t₹2.3t12.7x14.9x4x
Tue, 31 Jan 2023₹33.4t₹8.2t₹2.2t12.4x15.2x4.1x
Thu, 29 Dec 2022₹35.6t₹7.9t₹2.1t15.2x17.2x4.5x
Sat, 26 Nov 2022₹35.2t₹7.9t₹2.1t13.2x17x4.4x
Mon, 24 Oct 2022₹32.3t₹7.8t₹2.0t13.9x16.2x4.1x
Wed, 21 Sep 2022₹32.7t₹7.7t₹1.9t15x17.4x4.2x
Fri, 19 Aug 2022₹31.1t₹7.7t₹1.9t13x16.6x4x
Sun, 17 Jul 2022₹27.5t₹7.4t₹1.8t13.1x15.7x3.7x
Tue, 14 Jun 2022₹26.3t₹7.5t₹1.7t13x15.1x3.5x
Thu, 12 May 2022₹27.3t₹7.6t₹1.7t13.4x16.3x3.6x
Sat, 09 Apr 2022₹30.0t₹7.2t₹1.5t13.7x19.7x4.1x
Mon, 07 Mar 2022₹27.2t₹7.2t₹1.5t12.4x17.9x3.8x
Wed, 02 Feb 2022₹30.5t₹7.1t₹1.4t15.4x21.2x4.3x
Fri, 31 Dec 2021₹28.0t₹6.9t₹1.3t14.9x20.8x4.1x
Sun, 28 Nov 2021₹28.8t₹6.9t₹1.3t15.5x21.4x4.2x
Tue, 26 Oct 2021₹32.1t₹6.5t₹1.3t17.7x25.5x4.9x
Thu, 23 Sep 2021₹28.8t₹6.5t₹1.2t15.7x23.4x4.4x
Sat, 21 Aug 2021₹27.1t₹6.5t₹1.2t14.5x22.1x4.2x
Price to Earnings Ratio

22.7x


Total Market Cap: ₹27.9tTotal Earnings: ₹1.2tTotal Revenue: ₹6.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Diversified Banks Industry Price to Earnings3Y Average 16.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Indian 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 15.0x which is lower than its 3-year average PE of 16.9x.
  • The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 40% per year over the last three years.
  • Revenues for these companies have grown 25% 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 Market0.79%
Financials0.65%
Banks-1.18%
Diversified Banks-1.11%
Regional Banks-4.73%
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
532215 Axis Bank₹1.32k2.4%
+₹94.8b
37.6%PB2.6x
INDIANB Indian Bank₹558.753.7%
+₹26.8b
72.3%PB1.2x
FEDERALBNK Federal Bank₹195.485.0%
+₹22.8b
51.2%PB1.6x
IOB Indian Overseas Bank₹63.671.1%
+₹12.9b
144.9%PB4.4x
IDBI IDBI Bank₹86.011.4%
+₹12.8b
49.1%PB1.8x
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Latest News

CANBK

₹112.72

Canara Bank

7D

-4.3%

1Y

72.6%

UNIONBANK

₹136.11

Union Bank of India

7D

0.3%

1Y

67.9%

500247

₹1,833.25

Kotak Mahindra Bank

7D

-1.0%

1Y

-1.9%

MAHABANK

₹65.08

Bank of Maharashtra

7D

2.1%

1Y

108.9%

YESBANK

₹25.60

Yes Bank

7D

-3.9%

1Y

47.6%

539437

₹78.30

IDFC First Bank

7D

-3.5%

1Y

-5.1%

INDIANB

₹558.75

Indian Bank

7D

3.7%

1Y

72.3%

532215

₹1,317.80

Axis Bank

7D

2.4%

1Y

37.6%

IOB

₹63.67

Indian Overseas Bank

7D

1.1%

1Y

144.9%

CENTRALBK

₹63.32

Central Bank of India

7D

1.8%

1Y

108.3%

HDFCBANK

₹1,622.70

HDFC Bank

7D

-1.5%

1Y

-1.3%

BANKBARODA

₹250.60

Bank of Baroda

7D

-8.5%

1Y

26.3%

RBLBANK

₹246.05

RBL Bank

7D

-6.4%

1Y

16.3%