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Indian (NIFTY) Regional Banks Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies6
- 7D-1.9%
- 3M0.3%
- 1Y-10.4%
- YTDn/a
The Regional Banks industry has been flat over the last week, but Bandhan Bank has lost 5.2%. As for the longer term, the industry has declined 8.4% in the last year. Looking forward, earnings are forecast to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₹941.5b | ₹223.0b | ₹57.8b | 13.7x | 16.3x | 4.2x |
| Sun, 23 Jun 2024 | ₹1.0t | ₹223.0b | ₹57.8b | 14.8x | 17.5x | 4.5x |
| Tue, 21 May 2024 | ₹947.9b | ₹222.0b | ₹58.1b | 12.4x | 16.3x | 4.3x |
| Thu, 18 Apr 2024 | ₹937.0b | ₹222.8b | ₹65.8b | 12.3x | 14.2x | 4.2x |
| Sat, 16 Mar 2024 | ₹859.4b | ₹222.8b | ₹65.8b | 11.2x | 13.1x | 3.9x |
| Mon, 12 Feb 2024 | ₹942.6b | ₹219.1b | ₹64.8b | 11.7x | 14.6x | 4.3x |
| Wed, 10 Jan 2024 | ₹1.1t | ₹207.0b | ₹60.7b | 12x | 17.9x | 5.3x |
| Fri, 08 Dec 2023 | ₹1.1t | ₹207.0b | ₹60.7b | 12.1x | 17.7x | 5.2x |
| Sun, 05 Nov 2023 | ₹967.7b | ₹206.7b | ₹60.6b | 10x | 16x | 4.7x |
| Tue, 03 Oct 2023 | ₹1.1t | ₹191.8b | ₹54.4b | 10.3x | 19.4x | 5.5x |
| Thu, 31 Aug 2023 | ₹1.0t | ₹191.8b | ₹54.4b | 10.1x | 18.7x | 5.3x |
| Sat, 29 Jul 2023 | ₹1.0t | ₹206.4b | ₹57.9b | 12.3x | 17.8x | 5x |
| Mon, 26 Jun 2023 | ₹994.8b | ₹182.4b | ₹53.2b | 8.6x | 18.7x | 5.5x |
| Wed, 24 May 2023 | ₹1.0t | ₹182.3b | ₹53.0b | 12.5x | 19.5x | 5.7x |
| Fri, 21 Apr 2023 | ₹910.6b | ₹186.3b | ₹61.1b | 10.7x | 14.9x | 4.9x |
| Sun, 19 Mar 2023 | ₹817.3b | ₹186.3b | ₹61.1b | 10.2x | 13.4x | 4.4x |
| Tue, 14 Feb 2023 | ₹903.7b | ₹186.3b | ₹61.1b | 11.6x | 14.8x | 4.9x |
| Thu, 12 Jan 2023 | ₹914.0b | ₹181.5b | ₹62.3b | 10.2x | 14.7x | 5x |
| Sat, 10 Dec 2022 | ₹955.9b | ₹181.5b | ₹62.3b | 10.3x | 15.3x | 5.3x |
| Mon, 07 Nov 2022 | ₹873.2b | ₹173.2b | ₹56.5b | 32.6x | 15.4x | 5x |
| Wed, 05 Oct 2022 | ₹930.9b | ₹124.0b | ₹23.7b | 68x | 39.3x | 7.5x |
| Fri, 02 Sep 2022 | ₹955.2b | ₹124.0b | ₹23.7b | 70.2x | 40.3x | 7.7x |
| Sun, 31 Jul 2022 | ₹888.8b | ₹124.2b | ₹24.0b | 31.2x | 37x | 7.2x |
| Tue, 28 Jun 2022 | ₹912.1b | ₹103.0b | ₹13.4b | 21.5x | 68.3x | 8.9x |
| Thu, 26 May 2022 | ₹964.7b | ₹103.0b | ₹13.4b | 22.4x | 72.2x | 9.4x |
| Sat, 23 Apr 2022 | ₹1.0t | ₹72.6b | -₹7,369,326,082.00 | 19.3x | -140.5x | 14.3x |
| Mon, 21 Mar 2022 | ₹922.6b | ₹72.6b | -₹7,369,326,082.00 | 18.3x | -125.2x | 12.7x |
| Wed, 16 Feb 2022 | ₹1.0t | ₹72.6b | -₹7,369,326,082.00 | 19.8x | -137.4x | 13.9x |
| Fri, 14 Jan 2022 | ₹965.4b | ₹62.2b | -₹11,167,578,082.00 | 15.1x | -86.4x | 15.5x |
| Sun, 12 Dec 2021 | ₹899.7b | ₹62.2b | -₹11,167,578,082.00 | 17.3x | -80.6x | 14.5x |
| Tue, 09 Nov 2021 | ₹953.2b | ₹66.5b | -₹7,469,647,082.00 | 18.8x | -127.6x | 14.3x |
| Thu, 07 Oct 2021 | ₹963.9b | ₹114.4b | ₹31.9b | 24.1x | 30.3x | 8.4x |
| Sat, 04 Sep 2021 | ₹917.0b | ₹114.4b | ₹31.9b | 22.9x | 28.8x | 8x |
| Mon, 02 Aug 2021 | ₹979.1b | ₹114.4b | ₹31.9b | 25.1x | 30.7x | 8.6x |
Price to Earnings Ratio
30.7x
Current Industry PE
- Investors are pessimistic on the Indian Regional 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 16.7x which is higher than its 3-year average PE of -0.45x.
- The 3-year average PS ratio of 7.3x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 22% 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 Regional Banks compare with similar industries?
| IN Market | -1.05% | |
| Financials | -2.18% | |
| Banks | -2.96% | |
| Regional Banks | -1.95% | |
| Diversified Banks | -2.98% | |
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 | |
|---|---|---|---|---|---|
| AUBANK AU Small Finance Bank | ₹650.40 | 2.6% +₹12.4b | -10.3% | PB3.8x | |
| 532180 Dhanlaxmi Bank | ₹43.19 | 7.3% +₹738.8m | 106.0% | PB1.1x | |
| BANDHANBNK Bandhan Bank | ₹192.50 | 0.03% +₹80.5m | -11.3% | PB1.4x | |
| CSBBANK CSB Bank | ₹358.20 | 0.07% +₹43.4m | 22.0% | PB1.6x |