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Indian (NIFTY) Diversified Banks Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies35
- 7D-5.4%
- 3M-3.9%
- 1Y9.7%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 3.4%, driven by declines from every company within the industry. In the past year, the industry has gained 11%. Earnings are forecast to grow by 8.1% annually.
Industry Valuation and Performance
Has the Indian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹48.9t | ₹13.8t | ₹3.7t | 9.9x | 13.2x | 3.5x |
| Mon, 18 Nov 2024 | ₹48.0t | ₹13.8t | ₹3.7t | 9.7x | 12.9x | 3.5x |
| Wed, 16 Oct 2024 | ₹49.2t | ₹13.5t | ₹3.6t | 10.3x | 13.8x | 3.6x |
| Fri, 13 Sep 2024 | ₹49.2t | ₹13.5t | ₹3.6t | 10.4x | 13.9x | 3.6x |
| Sun, 11 Aug 2024 | ₹49.2t | ₹13.5t | ₹3.6t | 10.8x | 13.8x | 3.6x |
| Tue, 09 Jul 2024 | ₹50.7t | ₹12.8t | ₹3.4t | 11.9x | 15x | 4x |
| Thu, 06 Jun 2024 | ₹47.8t | ₹13.0t | ₹3.4t | 11.1x | 14x | 3.7x |
| Sat, 04 May 2024 | ₹48.6t | ₹12.4t | ₹3.3t | 12.5x | 14.6x | 3.9x |
| Mon, 01 Apr 2024 | ₹46.3t | ₹11.7t | ₹3.1t | 11x | 15x | 4x |
| Wed, 28 Feb 2024 | ₹46.1t | ₹11.7t | ₹3.1t | 11.5x | 14.9x | 3.9x |
| Fri, 26 Jan 2024 | ₹42.9t | ₹11.5t | ₹3.1t | 12.1x | 13.8x | 3.7x |
| Sun, 24 Dec 2023 | ₹44.2t | ₹10.8t | ₹3.0t | 12.3x | 14.8x | 4.1x |
| Tue, 21 Nov 2023 | ₹40.4t | ₹10.8t | ₹3.0t | 11.9x | 13.6x | 3.7x |
| Thu, 19 Oct 2023 | ₹40.6t | ₹10.5t | ₹2.8t | 14.1x | 14.4x | 3.9x |
| Sat, 16 Sep 2023 | ₹42.0t | ₹10.1t | ₹2.8t | 13.3x | 15.2x | 4.2x |
| Mon, 14 Aug 2023 | ₹39.9t | ₹10.1t | ₹2.8t | 13.2x | 14.4x | 3.9x |
| Wed, 12 Jul 2023 | ₹36.6t | ₹9.3t | ₹2.4t | 13.5x | 15x | 3.9x |
| Fri, 09 Jun 2023 | ₹35.7t | ₹9.4t | ₹2.4t | 12.5x | 14.6x | 3.8x |
| Sun, 07 May 2023 | ₹35.2t | ₹8.9t | ₹2.3t | 11.2x | 15.6x | 4x |
| Tue, 04 Apr 2023 | ₹33.4t | ₹8.4t | ₹2.3t | 11x | 14.7x | 4x |
| Thu, 02 Mar 2023 | ₹33.4t | ₹8.4t | ₹2.3t | 12.3x | 14.7x | 4x |
| Sat, 28 Jan 2023 | ₹33.4t | ₹8.2t | ₹2.2t | 12.4x | 15.2x | 4x |
| Mon, 26 Dec 2022 | ₹34.3t | ₹7.9t | ₹2.1t | 13.5x | 16.6x | 4.3x |
| Wed, 23 Nov 2022 | ₹34.8t | ₹7.9t | ₹2.1t | 13x | 16.8x | 4.4x |
| Fri, 21 Oct 2022 | ₹31.8t | ₹7.8t | ₹1.9t | 15x | 16.7x | 4.1x |
| Sun, 18 Sep 2022 | ₹32.2t | ₹7.7t | ₹1.9t | 14.7x | 17.1x | 4.2x |
| Tue, 16 Aug 2022 | ₹30.6t | ₹7.7t | ₹1.9t | 12.9x | 16.4x | 4x |
| Thu, 14 Jul 2022 | ₹27.6t | ₹7.4t | ₹1.7t | 13.2x | 15.8x | 3.7x |
| Sat, 11 Jun 2022 | ₹27.2t | ₹7.5t | ₹1.7t | 13.3x | 15.5x | 3.6x |
| Mon, 09 May 2022 | ₹27.3t | ₹7.5t | ₹1.7t | 13.5x | 16.5x | 3.6x |
| Wed, 06 Apr 2022 | ₹30.2t | ₹7.2t | ₹1.5t | 13.2x | 19.8x | 4.2x |
| Fri, 04 Mar 2022 | ₹27.6t | ₹7.2t | ₹1.5t | 12.5x | 18.1x | 3.8x |
| Sun, 30 Jan 2022 | ₹29.9t | ₹7.0t | ₹1.4t | 15.5x | 21.2x | 4.3x |
| Tue, 28 Dec 2021 | ₹28.0t | ₹6.9t | ₹1.3t | 14.8x | 20.9x | 4.1x |
Price to Earnings Ratio
20.9x
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 13.4x which is lower than its 3-year average PE of 15.6x.
- The industry is trading close to its 3-year average PS ratio of 3.9x.
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 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 | -4.25% | |
| Financials | -4.83% | |
| Banks | -5.41% | |
| Diversified Banks | -5.39% | |
| Regional Banks | -6.41% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||