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Indian (NIFTY) Diversified Banks Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies35
- 7D0.6%
- 3M-5.7%
- 1Y5.0%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has remained flat. As for the the longer term, the industry is up 5.0% over the past 12 months. Looking forward, earnings are forecast to grow by 7.9% 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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | ₹46.5t | ₹13.8t | ₹3.7t | 9.5x | 12.5x | 3.4x |
| Thu, 19 Dec 2024 | ₹50.2t | ₹13.8t | ₹3.7t | 10.3x | 13.5x | 3.6x |
| Sat, 16 Nov 2024 | ₹48.0t | ₹13.8t | ₹3.7t | 9.7x | 12.9x | 3.5x |
| Mon, 14 Oct 2024 | ₹48.7t | ₹13.5t | ₹3.6t | 10.3x | 13.7x | 3.6x |
| Wed, 11 Sep 2024 | ₹48.9t | ₹13.5t | ₹3.6t | 10.3x | 13.8x | 3.6x |
| Fri, 09 Aug 2024 | ₹48.7t | ₹13.5t | ₹3.6t | 10.6x | 13.7x | 3.6x |
| Sun, 07 Jul 2024 | ₹51.0t | ₹12.8t | ₹3.4t | 11.7x | 15.1x | 4x |
| Tue, 04 Jun 2024 | ₹51.1t | ₹13.0t | ₹3.4t | 12x | 15x | 3.9x |
| Thu, 02 May 2024 | ₹49.2t | ₹12.4t | ₹3.3t | 12.5x | 14.8x | 4x |
| Sat, 30 Mar 2024 | ₹46.3t | ₹11.7t | ₹3.1t | 11x | 15x | 4x |
| Mon, 26 Feb 2024 | ₹46.5t | ₹11.7t | ₹3.1t | 11.7x | 15x | 4x |
| Wed, 24 Jan 2024 | ₹42.8t | ₹11.4t | ₹3.1t | 12x | 13.9x | 3.8x |
| Fri, 22 Dec 2023 | ₹44.5t | ₹10.8t | ₹3.0t | 12.3x | 14.9x | 4.1x |
| Sun, 19 Nov 2023 | ₹40.5t | ₹10.8t | ₹3.0t | 11.9x | 13.6x | 3.7x |
| Tue, 17 Oct 2023 | ₹41.0t | ₹10.1t | ₹2.8t | 14.3x | 14.8x | 4.1x |
| Thu, 14 Sep 2023 | ₹41.8t | ₹10.1t | ₹2.8t | 13.3x | 15.1x | 4.1x |
| Sat, 12 Aug 2023 | ₹39.9t | ₹10.1t | ₹2.8t | 13.2x | 14.4x | 3.9x |
| Mon, 10 Jul 2023 | ₹36.8t | ₹9.3t | ₹2.4t | 13.1x | 15.1x | 4x |
| Wed, 07 Jun 2023 | ₹35.8t | ₹9.6t | ₹2.4t | 12.5x | 14.7x | 3.7x |
| Fri, 05 May 2023 | ₹36.0t | ₹8.9t | ₹2.3t | 11.4x | 16x | 4.1x |
| Sun, 02 Apr 2023 | ₹33.1t | ₹8.4t | ₹2.3t | 10.8x | 14.5x | 3.9x |
| Tue, 28 Feb 2023 | ₹32.9t | ₹8.4t | ₹2.3t | 11.6x | 14.5x | 3.9x |
| Thu, 26 Jan 2023 | ₹35.4t | ₹8.2t | ₹2.2t | 12.4x | 16.1x | 4.3x |
| Sat, 24 Dec 2022 | ₹34.3t | ₹7.9t | ₹2.1t | 13.5x | 16.6x | 4.3x |
| Mon, 21 Nov 2022 | ₹34.6t | ₹7.9t | ₹2.1t | 13.1x | 16.7x | 4.3x |
| Wed, 19 Oct 2022 | ₹31.8t | ₹7.8t | ₹1.9t | 14.4x | 16.7x | 4.1x |
| Fri, 16 Sep 2022 | ₹32.6t | ₹7.7t | ₹1.9t | 15x | 17.4x | 4.2x |
| Sun, 14 Aug 2022 | ₹30.6t | ₹7.7t | ₹1.9t | 12.9x | 16.4x | 4x |
| Tue, 12 Jul 2022 | ₹28.0t | ₹7.4t | ₹1.7t | 13.8x | 16x | 3.8x |
| Thu, 09 Jun 2022 | ₹27.5t | ₹7.6t | ₹1.7t | 13.7x | 15.8x | 3.6x |
| Sat, 07 May 2022 | ₹27.3t | ₹7.5t | ₹1.7t | 13.5x | 16.6x | 3.6x |
| Mon, 04 Apr 2022 | ₹29.3t | ₹7.2t | ₹1.5t | 12.6x | 19.3x | 4x |
| Wed, 02 Mar 2022 | ₹28.5t | ₹7.2t | ₹1.5t | 12.4x | 18.7x | 3.9x |
| Fri, 28 Jan 2022 | ₹30.2t | ₹7.0t | ₹1.4t | 15.5x | 21.5x | 4.3x |
Price to Earnings Ratio
21.5x
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 12.5x which is lower than its 3-year average PE of 15.4x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 38% 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 Market | -0.26% | |
| Financials | 0.95% | |
| Banks | 0.66% | |
| Diversified Banks | 0.61% | |
| Regional Banks | 3.68% | |
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 | |
|---|---|---|---|---|---|
| SBIN State Bank of India | ₹779.25 | 6.8% +₹444.0b | 23.4% | PB1.5x | |
| 500247 Kotak Mahindra Bank | ₹1.92k | 10.4% +₹360.6b | 6.3% | PB2.6x | |
| IDBI IDBI Bank | ₹86.14 | 30.0% +₹214.0b | 8.9% | PB1.7x | |
| HDFCBANK HDFC Bank | ₹1.65k | 1.3% +₹156.0b | 11.7% | PB2.6x | |
| IOB Indian Overseas Bank | ₹52.52 | 15.6% +₹133.6b | 15.9% | PB3.5x |