Has the Italian Banks Industry valuation changed over the past few years?
|Sun, 05 Dec 2021||€97.6b||€47.9b||€5.5b||8.9x|
|Tue, 02 Nov 2021||€106.9b||€46.5b||€7.5b||10.4x|
|Thu, 30 Sep 2021||€105.3b||€46.0b||€7.1b||11x|
|Sat, 28 Aug 2021||€102.1b||€46.0b||€7.1b||10.6x|
|Sun, 04 Jul 2021||€98.5b||€46.0b||€7.1b||10.5x|
|Wed, 07 Apr 2021||€94.3b||€42.9b||€3.7b||11x|
|Sat, 09 Jan 2021||€79.3b||€38.2b||-€1,256,356,432.00||13.3x|
|Fri, 02 Oct 2020||€67.6b||€38.6b||€2.4b||9.3x|
|Mon, 06 Jul 2020||€68.8b||€39.5b||€1.0b||8.6x|
|Thu, 09 Apr 2020||€58.6b||€41.6b||€3.5b||6.2x|
|Wed, 01 Jan 2020||€95.8b||€44.3b||€7.7b||8.5x|
|Sat, 05 Oct 2019||€86.4b||€43.4b||€11.4b||8.5x|
|Tue, 09 Jul 2019||€79.1b||€42.4b||€9.6b||8.1x|
|Mon, 01 Apr 2019||€87.7b||€42.1b||€8.8b||9.4x|
|Thu, 03 Jan 2019||€77.2b||€43.8b||€9.7b||7.1x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Banks industry have declined 10% per year over the last three years, while revenues for these companies have grown 4.2% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Italian Banks industry?
Industry PE: Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 9.4x. However analysts are expecting annual earnings growth of 7.1%, which is lower than the prior year's growth of 62% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.1% over the next 5 years. However this is lower than its past earnings growth rate of 62% per year.
Which companies have driven the market over the last 7 days?
FinecoBank Banca Fineco
Mediobanca Banca di Credito Finanziario
Banca Popolare di Sondrio S.C.p.A
Banca Monte dei Paschi di Siena
Banco di Desio e della Brianza