Indian (NIFTY) Regional Banks Industry Analysis
UpdatedJun 03, 2023
DataAggregated Company Financials
Companies5
- 7D0.7%
- 3M19.8%
- 1Y6.5%
- YTD14.5%
The Regional Banks industry is up 2.3% in the last week, with Bandhan Bank up 1.6%. This means that the industry has gained 4.1% over the past year. Looking forward, earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Indian Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Jun 2023 | ₹1.1t | ₹182.4b | ₹53.2b | 8.8x | 20x | 5.8x |
| Mon, 01 May 2023 | ₹918.9b | ₹190.6b | ₹62.2b | 11.2x | 14.8x | 4.8x |
| Wed, 29 Mar 2023 | ₹773.0b | ₹186.3b | ₹61.1b | 9.2x | 12.6x | 4.2x |
| Fri, 24 Feb 2023 | ₹860.0b | ₹186.3b | ₹61.1b | 11.2x | 14.1x | 4.6x |
| Sun, 22 Jan 2023 | ₹898.8b | ₹185.3b | ₹63.3b | 9.9x | 14.2x | 4.9x |
| Tue, 20 Dec 2022 | ₹955.2b | ₹181.5b | ₹62.3b | 10.3x | 15.3x | 5.3x |
| Thu, 17 Nov 2022 | ₹873.3b | ₹181.5b | ₹62.3b | 9.4x | 14x | 4.8x |
| Sat, 15 Oct 2022 | ₹919.6b | ₹124.0b | ₹23.7b | 66.9x | 38.8x | 7.4x |
| Mon, 12 Sep 2022 | ₹990.3b | ₹124.0b | ₹23.7b | 74x | 41.8x | 8x |
| Wed, 10 Aug 2022 | ₹928.0b | ₹124.2b | ₹24.0b | 34.3x | 38.6x | 7.5x |
| Fri, 08 Jul 2022 | ₹884.0b | ₹103.0b | ₹13.4b | 20.6x | 66.2x | 8.6x |
| Sun, 05 Jun 2022 | ₹973.5b | ₹103.0b | ₹13.4b | 22x | 72.9x | 9.5x |
| Tue, 03 May 2022 | ₹1.0t | ₹76.6b | -₹5,598,362,082.00 | 18.4x | -186.3x | 13.6x |
| Thu, 31 Mar 2022 | ₹929.7b | ₹72.6b | -₹7,369,326,082.00 | 16.8x | -126.2x | 12.8x |
| Sat, 26 Feb 2022 | ₹905.4b | ₹72.6b | -₹7,369,326,082.00 | 17.1x | -122.9x | 12.5x |
| Mon, 24 Jan 2022 | ₹950.2b | ₹66.9b | -₹8,903,793,082.00 | 15.2x | -106.7x | 14.2x |
| Wed, 22 Dec 2021 | ₹797.0b | ₹62.2b | -₹11,167,578,082.00 | 14.6x | -71.4x | 12.8x |
| Fri, 19 Nov 2021 | ₹961.8b | ₹62.2b | -₹11,167,578,082.00 | 18.6x | -86.1x | 15.5x |
| Sun, 17 Oct 2021 | ₹993.1b | ₹114.4b | ₹31.9b | 25.1x | 31.2x | 8.7x |
| Tue, 14 Sep 2021 | ₹904.6b | ₹114.4b | ₹31.9b | 22.9x | 28.4x | 7.9x |
| Thu, 12 Aug 2021 | ₹994.3b | ₹114.4b | ₹31.9b | 24x | 31.2x | 8.7x |
| Mon, 07 Jun 2021 | ₹912.9b | ₹116.6b | ₹36.4b | 24.6x | 25.1x | 7.8x |
| Sun, 28 Feb 2021 | ₹1.0t | ₹114.5b | ₹38.3b | 26x | 26.2x | 8.8x |
| Wed, 02 Dec 2020 | ₹960.2b | ₹115.4b | ₹39.9b | 21.8x | 24.1x | 8.3x |
| Sat, 05 Sep 2020 | ₹798.9b | ₹110.2b | ₹38.6b | 19.8x | 20.7x | 7.3x |
| Tue, 09 Jun 2020 | ₹541.1b | ₹116.9b | ₹41.1b | 13.8x | 13.2x | 4.6x |
Price to Earnings Ratio
13.2x
Current Industry PE
- Investors are optimistic on the Indian Regional Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.2x which is higher than its 3-year average PE of 1.7x.
- The 3-year average PS ratio of 8.5x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 8.9% per year over the last three years.
- Revenues for these companies have grown 16% 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 Regional Banks compare with similar industries?
| IN Market | 0.86% | |
| Financials | 0.77% | |
| Banks | 0.24% | |
| Regional Banks | 0.68% | |
| Diversified Banks | 0.23% | |
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 | |
|---|---|---|---|---|---|
| BANDHANBNK Bandhan Bank | ₹265.40 | 1.7% +₹7.2b | -16.6% | PB2.2x | |
| UJJIVANSFB Ujjivan Small Finance Bank | ₹36.20 | 6.3% +₹4.2b | 122.1% | PB1.7x | |
| 532180 Dhanlaxmi Bank | ₹17.20 | 3.2% +₹134.1m | 38.2% | PB0.5x |