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Indian (NIFTY) Diversified Banks Industry Analysis

UpdatedJun 01, 2023
DataAggregated Company Financials
Companies32
  • 7D0.9%
  • 3M7.6%
  • 1Y26.5%
  • YTD-1.3%

The Diversified Banks is pretty flat in the last 7 days, but Kotak Mahindra Bank has stood out, gaining 4.4%. As for the the longer term, the industry is up 27% over the past 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023₹35.7t₹9.6t₹2.4t12x14.6x3.7x
Sat, 29 Apr 2023₹35.7t₹8.8t₹2.2t12x16x4.1x
Mon, 27 Mar 2023₹32.2t₹8.4t₹2.3t10.3x14.1x3.8x
Wed, 22 Feb 2023₹33.3t₹8.4t₹2.3t12.1x14.6x4x
Fri, 20 Jan 2023₹35.4t₹8.0t₹2.1t13.7x16.8x4.4x
Sun, 18 Dec 2022₹36.2t₹7.9t₹2.1t15.5x17.5x4.6x
Tue, 15 Nov 2022₹34.1t₹7.9t₹2.1t12.8x16.5x4.3x
Thu, 13 Oct 2022₹30.8t₹7.7t₹1.9t13.7x16.4x4x
Sat, 10 Sep 2022₹31.9t₹7.7t₹1.9t14.7x17x4.1x
Mon, 08 Aug 2022₹29.9t₹7.7t₹1.9t12.9x16x3.9x
Wed, 06 Jul 2022₹26.7t₹7.4t₹1.7t13x15.3x3.6x
Fri, 03 Jun 2022₹28.0t₹7.8t₹1.7t13.8x16x3.6x
Sun, 01 May 2022₹28.5t₹7.3t₹1.6t12.6x18.1x3.9x
Tue, 29 Mar 2022₹28.2t₹7.2t₹1.5t12.3x18.5x3.9x
Thu, 24 Feb 2022₹29.5t₹7.2t₹1.5t12.8x19.4x4.1x
Sat, 22 Jan 2022₹29.8t₹6.9t₹1.4t16x21.9x4.3x
Mon, 20 Dec 2021₹28.4t₹6.9t₹1.3t15.4x21.1x4.1x
Wed, 17 Nov 2021₹30.8t₹6.9t₹1.3t16.3x23x4.5x
Fri, 15 Oct 2021₹31.1t₹6.5t₹1.2t17.5x25.3x4.8x
Sun, 12 Sep 2021₹28.5t₹6.5t₹1.2t15.4x23.2x4.4x
Tue, 10 Aug 2021₹27.9t₹6.5t₹1.2t15.2x22.7x4.3x
Mon, 03 May 2021₹25.3t₹6.2t₹1.1t21x22.6x4.1x
Thu, 04 Feb 2021₹23.3t₹5.5t₹918.4b23.7x25.4x4.2x
Sun, 08 Nov 2020₹18.0t₹5.2t₹752.5b16.3x24x3.5x
Sat, 01 Aug 2020₹15.8t₹4.9t₹634.9b11.1x24.9x3.3x
Price to Earnings Ratio

22.1x


Total Market Cap: ₹14.0tTotal Earnings: ₹633.0bTotal Revenue: ₹4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Diversified Banks Industry Price to Earnings3Y Average 20.8x202120222023
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 14.6x which is lower than its 3-year average PE of 20.8x.
  • 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 57% per year over the last three years.
  • Revenues for these companies have grown 27% 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 Market1.48%
Financials1.42%
Banks0.98%
Diversified Banks0.94%
Regional Banks2.35%
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
500247 Kotak Mahindra Bank₹1.99k4.4%
+₹168.0b
6.8%PB3.5x
ICICIBANK ICICI Bank₹949.150.9%
+₹60.3b
26.1%PB3.1x
539437 IDFC First Bank₹71.458.3%
+₹36.3b
97.6%PB1.8x
PNB Punjab National Bank₹51.853.9%
+₹21.5b
65.1%PB0.6x
CANBK Canara Bank₹309.703.4%
+₹18.3b
48.4%PB0.7x
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Latest News

532215

₹914.70

Axis Bank

7D

-0.5%

1Y

33.2%

CUB

₹125.15

City Union Bank

7D

-10.6%

1Y

-12.1%

ICICIBANK

₹949.15

ICICI Bank

7D

0.9%

1Y

26.1%

500247

₹1,994.60

Kotak Mahindra Bank

7D

4.4%

1Y

6.8%

PNB

₹51.85

Punjab National Bank

7D

3.9%

1Y

65.1%

SBIN

₹579.85

State Bank of India

7D

-0.5%

1Y

23.8%

UNIONBANK

₹71.10

Union Bank of India

7D

3.1%

1Y

83.5%

FINOPB

₹207.45

Fino Payments Bank

7D

-0.2%

1Y

-19.0%

BANKBARODA

₹185.00

Bank of Baroda

7D

1.3%

1Y

81.6%

HDFCBANK

₹1,610.85

HDFC Bank

7D

-0.3%

1Y

15.5%

TMB

₹414.45

Tamilnad Mercantile Bank

7D

-0.3%

1Y

n/a

539437

₹71.45

IDFC First Bank

7D

8.3%

1Y

97.6%

YESBANK

₹16.20

Yes Bank

7D

3.8%

1Y

22.3%