Sector Valuation and Performance
Has the Icelandic Financials Sector valuation changed over the past few years?
Date Market Cap Revenue Earnings PE Absolute PE PS Wed, 20 Sep 2023 Kr562.8b Kr201.4b Kr58.5b 12.8x 9.6x 2.8x Fri, 18 Aug 2023 Kr603.2b Kr200.3b Kr58.5b 14.2x 10.3x 3x Sun, 16 Jul 2023 Kr586.2b Kr194.9b Kr54.1b 14.1x 10.8x 3x Tue, 13 Jun 2023 Kr572.5b Kr194.9b Kr54.1b 14.2x 10.6x 2.9x Thu, 11 May 2023 Kr585.9b Kr193.6b Kr53.5b 14.7x 10.9x 3x Sat, 08 Apr 2023 Kr597.7b Kr187.1b Kr51.8b 15.6x 11.5x 3.2x Mon, 06 Mar 2023 Kr637.1b Kr187.1b Kr51.8b 15.1x 12.3x 3.4x Wed, 01 Feb 2023 Kr615.4b Kr187.5b Kr54.6b 12x 11.3x 3.3x Fri, 30 Dec 2022 Kr612.0b Kr187.5b Kr54.6b 11.6x 11.2x 3.3x Sun, 27 Nov 2022 Kr660.8b Kr187.5b Kr54.6b 12.3x 12.1x 3.5x Tue, 25 Oct 2022 Kr608.2b Kr190.2b Kr60.8b 10x 10x 3.2x Thu, 22 Sep 2022 Kr663.5b Kr191.5b Kr63.1b 10.2x 10.5x 3.5x Sat, 20 Aug 2022 Kr714.5b Kr196.7b Kr69.3b 9.1x 10.3x 3.6x Mon, 18 Jul 2022 Kr678.3b Kr197.7b Kr73.6b 8.7x 9.2x 3.4x Wed, 15 Jun 2022 Kr634.9b Kr200.4b Kr76.8b 8.1x 8.3x 3.2x Fri, 13 May 2022 Kr651.0b Kr198.3b Kr77.3b 8.9x 8.4x 3.3x Sun, 10 Apr 2022 Kr712.6b Kr198.4b Kr77.7b 9.6x 9.2x 3.6x Tue, 08 Mar 2022 Kr679.8b Kr198.4b Kr77.7b 9.7x 8.7x 3.4x Thu, 03 Feb 2022 Kr717.0b Kr190.3b Kr77.1b 9.2x 9.3x 3.8x Sat, 01 Jan 2022 Kr755.6b Kr190.3b Kr77.1b 9.9x 9.8x 4x Mon, 29 Nov 2021 Kr742.8b Kr190.3b Kr77.1b 9.6x 9.6x 3.9x Wed, 27 Oct 2021 Kr769.7b Kr175.9b Kr66.6b 11.1x 11.6x 4.4x Fri, 24 Sep 2021 Kr668.2b Kr174.8b Kr65.4b 9.5x 10.2x 3.8x Sun, 22 Aug 2021 Kr457.8b Kr130.2b Kr50.0b 7.5x 9.2x 3.5x Fri, 09 Jul 2021 Kr645.3b Kr174.8b Kr65.4b 9.4x 9.9x 3.7x Thu, 01 Apr 2021 Kr316.1b Kr119.5b Kr40.4b 6.7x 7.8x 2.6x Sun, 03 Jan 2021 Kr264.1b Kr105.6b Kr26.2b 12.5x 10.1x 2.5x Wed, 07 Oct 2020 Kr201.8b Kr100.2b Kr19.8b 10.1x 10.2x 2x 1Y 3Y 5Y 10Y Price to Earnings Price to Sales Median Price to Earnings Price to Earnings Ratio
Wed, 07 Oct 2020 Total Market Cap: Kr201.8b Total Earnings: Kr19.8b Total Revenue: Kr100.2b Total Market Cap vs Earnings and Revenue 0% 0% 0% Icelandic Financials Sector Price to Earnings 3Y Average 10.4x 2021 2022 2023 Current Industry PE Investors are relatively neutral on the Icelandic Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady. The industry is trading close to its 3-year average PE ratio of 10.4x. The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.8x. Past Earnings Growth The earnings for companies in the Financials industry have grown 43% per year over the last three years. Revenues for these companies have grown 26% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too. Industry Trends
Which industries have driven the changes within the Icelandic Financials sector?
IS Market -1.74% Financials -2.10% Mortgage Finance 0% Mortgage REITs 0% Diversified Financial 0% Consumer Finance 0% Banks -1.40% Insurance -4.11% Capital Markets -4.22% Industry PE Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 10.3x. It looks like they are confident that earnings will grow faster in the future than they have historically. Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 10.7x. Forecasted Growth Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 2.2% over the next 5 years. However this is lower than its past earnings growth rate of 3.3% per year. In contrast, the Banks industry is expected to see its earnings grow by 2.2% per year over the next few years. Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
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