Jordanian (Amman SE) Banks Industry Analysis
UpdatedNov 28, 2023
DataAggregated Company Financials
Companies15
- 7D0.0003%
- 3M2.2%
- 1Y-2.4%
- YTD-2.8%
In the last week, Banks has been flat. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 2.0% annually.
Industry Valuation and Performance
Has the Jordanian Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 Nov 2023 | د.أ7.8b | د.أ3.7b | د.أ1.1b | 9.2x | 7.2x | 2.1x |
| Thu, 26 Oct 2023 | د.أ7.8b | د.أ3.5b | د.أ1.0b | 9.5x | 7.7x | 2.2x |
| Sat, 23 Sep 2023 | د.أ7.6b | د.أ3.5b | د.أ1.0b | 8.9x | 7.5x | 2.2x |
| Mon, 21 Aug 2023 | د.أ7.5b | د.أ3.5b | د.أ998.9m | 9x | 7.5x | 2.1x |
| Wed, 19 Jul 2023 | د.أ7.7b | د.أ3.3b | د.أ896.4m | 9.6x | 8.6x | 2.3x |
| Fri, 16 Jun 2023 | د.أ7.6b | د.أ3.3b | د.أ896.5m | 9.6x | 8.5x | 2.3x |
| Sun, 14 May 2023 | د.أ7.7b | د.أ3.3b | د.أ894.5m | 9.6x | 8.6x | 2.3x |
| Tue, 11 Apr 2023 | د.أ7.9b | د.أ3.1b | د.أ859.2m | 10.1x | 9.2x | 2.5x |
| Thu, 09 Mar 2023 | د.أ8.2b | د.أ3.3b | د.أ859.0m | 11.3x | 9.6x | 2.5x |
| Sat, 04 Feb 2023 | د.أ8.3b | د.أ2.9b | د.أ784.0m | 12.2x | 10.6x | 2.8x |
| Mon, 02 Jan 2023 | د.أ8.0b | د.أ2.9b | د.أ783.9m | 11.4x | 10.3x | 2.7x |
| Wed, 30 Nov 2022 | د.أ8.1b | د.أ2.9b | د.أ784.0m | 11x | 10.3x | 2.7x |
| Fri, 28 Oct 2022 | د.أ7.9b | د.أ2.8b | د.أ716.6m | 11.6x | 11x | 2.8x |
| Sun, 25 Sep 2022 | د.أ7.9b | د.أ2.8b | د.أ712.5m | 11.8x | 11.1x | 2.8x |
| Tue, 23 Aug 2022 | د.أ7.9b | د.أ2.8b | د.أ703.3m | 11.8x | 11.3x | 2.9x |
| Thu, 21 Jul 2022 | د.أ8.0b | د.أ2.7b | د.أ669.7m | 11.2x | 12x | 3x |
| Sat, 18 Jun 2022 | د.أ7.6b | د.أ2.7b | د.أ680.7m | 11.2x | 11.2x | 2.9x |
| Mon, 16 May 2022 | د.أ7.8b | د.أ2.6b | د.أ676.8m | 11.3x | 11.6x | 3x |
| Wed, 13 Apr 2022 | د.أ7.5b | د.أ2.6b | د.أ646.1m | 12.3x | 11.6x | 2.9x |
| Fri, 11 Mar 2022 | د.أ7.7b | د.أ2.5b | د.أ629.2m | 12.4x | 12.2x | 3x |
| Sun, 06 Feb 2022 | د.أ7.9b | د.أ2.4b | د.أ549.9m | 14.6x | 14.3x | 3.2x |
| Tue, 04 Jan 2022 | د.أ7.6b | د.أ2.4b | د.أ549.9m | 13.8x | 13.8x | 3.1x |
| Thu, 02 Dec 2021 | د.أ7.4b | د.أ2.4b | د.أ550.7m | 13.2x | 13.5x | 3x |
| Sat, 30 Oct 2021 | د.أ7.7b | د.أ2.3b | د.أ489.3m | 15.9x | 15.7x | 3.3x |
| Mon, 27 Sep 2021 | د.أ7.6b | د.أ2.3b | د.أ489.2m | 16x | 15.6x | 3.3x |
| Wed, 25 Aug 2021 | د.أ7.4b | د.أ2.3b | د.أ481.3m | 15x | 15.4x | 3.2x |
| Thu, 01 Jul 2021 | د.أ8.0b | د.أ2.3b | د.أ481.3m | 15.5x | 16.5x | 3.4x |
| Sun, 04 Apr 2021 | د.أ6.3b | د.أ2.2b | د.أ404.2m | 15x | 15.7x | 2.9x |
| Wed, 06 Jan 2021 | د.أ6.3b | د.أ2.1b | د.أ373.5m | 16.3x | 17x | 3x |
Price to Earnings Ratio
11.4x
Current Industry PE
- Investors are pessimistic on the Jordanian 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 7.2x which is lower than its 3-year average PE of 12.3x.
- The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 26% 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 Trends
Which industries have driven the changes within the Jordanian Financials industry?
| JO Market | 0.30% | |
| Financials | 0.038% | |
| Banks | 0.00033% | |
| Regional Banks | 0.52% | |
| Diversified Banks | -0.013% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 13.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 12.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 2.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 18% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 2.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JOIB Jordan Islamic Bank | د.أ4.12 | 0.7% +د.أ6.0m | 5.6% | PB1.6x | |
| THBK Housing Bank for Trade and Finance | د.أ3.59 | 0.3% +د.أ3.2m | -3.2% | PB0.9x | |
| ABCO Arab Banking Corporation (Jordan) | د.أ0.74 | 2.8% +د.أ2.2m | -5.1% | PB0.5x | |
| UBSI Bank al Etihad | د.أ1.76 | 0.6% +د.أ2.0m | 12.8% | PB0.7x | |
| INVB Invest Bank | د.أ1.53 | 1.3% +د.أ2.0m | 3.4% | PB0.8x |