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Indian (NIFTY) Diversified Banks Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies35
- 7D-0.009%
- 3M-4.0%
- 1Y-0.6%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has remained flat, although notably Union Bank of India gained 3.6%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 7.2% 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | ₹46.9t | ₹14.0t | ₹3.9t | 10.2x | 12.1x | 3.3x |
| Sun, 19 Jan 2025 | ₹46.5t | ₹13.8t | ₹3.7t | 9.5x | 12.5x | 3.4x |
| Tue, 17 Dec 2024 | ₹51.7t | ₹13.8t | ₹3.7t | 10.6x | 13.9x | 3.7x |
| Thu, 14 Nov 2024 | ₹47.9t | ₹13.8t | ₹3.7t | 9.8x | 13x | 3.5x |
| Sat, 12 Oct 2024 | ₹48.7t | ₹13.5t | ₹3.6t | 10.3x | 13.7x | 3.6x |
| Mon, 09 Sep 2024 | ₹48.5t | ₹13.5t | ₹3.6t | 10.3x | 13.6x | 3.6x |
| Wed, 07 Aug 2024 | ₹48.2t | ₹13.5t | ₹3.6t | 10.5x | 13.6x | 3.6x |
| Fri, 05 Jul 2024 | ₹51.2t | ₹12.8t | ₹3.4t | 11.7x | 15.1x | 4x |
| Sun, 02 Jun 2024 | ₹48.6t | ₹13.0t | ₹3.4t | 11.4x | 14.3x | 3.7x |
| Tue, 30 Apr 2024 | ₹49.3t | ₹12.4t | ₹3.3t | 12.4x | 14.9x | 4x |
| Thu, 28 Mar 2024 | ₹45.7t | ₹11.7t | ₹3.1t | 10.8x | 14.8x | 3.9x |
| Sat, 24 Feb 2024 | ₹46.5t | ₹11.7t | ₹3.1t | 11.7x | 15x | 4x |
| Mon, 22 Jan 2024 | ₹43.9t | ₹11.4t | ₹3.1t | 12.6x | 14.3x | 3.9x |
| Wed, 20 Dec 2023 | ₹44.8t | ₹10.8t | ₹3.0t | 13x | 15.1x | 4.1x |
| Fri, 17 Nov 2023 | ₹41.1t | ₹10.8t | ₹3.0t | 12.4x | 13.8x | 3.8x |
| Sun, 15 Oct 2023 | ₹41.0t | ₹10.1t | ₹2.8t | 14.3x | 14.8x | 4.1x |
| Tue, 12 Sep 2023 | ₹41.6t | ₹10.1t | ₹2.8t | 13.5x | 15x | 4.1x |
| Thu, 10 Aug 2023 | ₹40.2t | ₹10.1t | ₹2.8t | 13.3x | 14.6x | 4x |
| Sat, 08 Jul 2023 | ₹36.8t | ₹9.3t | ₹2.4t | 13.1x | 15.1x | 4x |
| Mon, 05 Jun 2023 | ₹35.7t | ₹9.6t | ₹2.4t | 12.2x | 14.6x | 3.7x |
| Wed, 03 May 2023 | ₹35.7t | ₹8.9t | ₹2.3t | 11.4x | 15.8x | 4x |
| Fri, 31 Mar 2023 | ₹32.6t | ₹8.4t | ₹2.3t | 10.4x | 14.3x | 3.9x |
| Sun, 26 Feb 2023 | ₹32.6t | ₹8.4t | ₹2.3t | 11.7x | 14.3x | 3.9x |
| Tue, 24 Jan 2023 | ₹35.6t | ₹8.2t | ₹2.1t | 13x | 16.6x | 4.4x |
| Thu, 22 Dec 2022 | ₹35.5t | ₹7.9t | ₹2.1t | 14.4x | 17.2x | 4.5x |
| Sat, 19 Nov 2022 | ₹34.6t | ₹7.9t | ₹2.1t | 13.1x | 16.7x | 4.3x |
| Mon, 17 Oct 2022 | ₹30.9t | ₹7.7t | ₹1.9t | 13.4x | 16.4x | 4x |
| Wed, 14 Sep 2022 | ₹32.0t | ₹7.7t | ₹1.9t | 15x | 17.1x | 4.2x |
| Fri, 12 Aug 2022 | ₹30.5t | ₹7.7t | ₹1.9t | 12.8x | 16.3x | 4x |
| Sun, 10 Jul 2022 | ₹27.7t | ₹7.4t | ₹1.7t | 13.4x | 15.9x | 3.7x |
| Tue, 07 Jun 2022 | ₹27.8t | ₹7.6t | ₹1.7t | 13.6x | 15.9x | 3.6x |
| Thu, 05 May 2022 | ₹27.8t | ₹7.5t | ₹1.6t | 13.4x | 17x | 3.7x |
| Sat, 02 Apr 2022 | ₹29.3t | ₹7.2t | ₹1.5t | 12.6x | 19.3x | 4x |
| Mon, 28 Feb 2022 | ₹28.6t | ₹7.2t | ₹1.5t | 12.3x | 18.8x | 4x |
Price to Earnings Ratio
18.8x
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 12.1x which is lower than its 3-year average PE of 15.1x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 37% 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 | -0.74% | |
| Financials | -0.11% | |
| Banks | -0.06% | |
| Diversified Banks | -0.0093% | |
| Regional Banks | -3.11% | |
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 | |
|---|---|---|---|---|---|
| UNIONBANK Union Bank of India | ₹115.68 | 5.7% +₹47.6b | -20.7% | PB0.8x | |
| 532215 Axis Bank | ₹1.01k | 1.2% +₹36.7b | -8.1% | PB1.7x | |
| BANKBARODA Bank of Baroda | ₹210.27 | 2.5% +₹26.4b | -21.8% | PB0.8x | |
| PNB Punjab National Bank | ₹94.25 | 2.2% +₹23.0b | -26.3% | PB0.8x | |
| CANBK Canara Bank | ₹87.33 | 2.0% +₹15.5b | -24.8% | PB0.8x |