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Kenyan (NSE) Diversified Banks Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies10
- 7D-2.3%
- 3M13.2%
- 1Y48.5%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 3.2%, driven by declines in Absa Bank Kenya and Standard Chartered Bank Kenya of 7.8% and 6.8%, respectively. Over the past 12 months, the industry was up 48%. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Kenyan Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | KSh858.0b | KSh660.0b | KSh223.7b | 3.9x | 3.8x | 1.3x |
| Thu, 19 Dec 2024 | KSh798.0b | KSh660.1b | KSh223.8b | 3.7x | 3.6x | 1.2x |
| Sat, 16 Nov 2024 | KSh792.2b | KSh647.4b | KSh219.1b | 3.8x | 3.6x | 1.2x |
| Mon, 14 Oct 2024 | KSh740.9b | KSh640.7b | KSh217.5b | 3.6x | 3.4x | 1.2x |
| Wed, 11 Sep 2024 | KSh709.8b | KSh637.3b | KSh215.6b | 3.5x | 3.3x | 1.1x |
| Fri, 09 Aug 2024 | KSh649.3b | KSh616.9b | KSh206.6b | 3.2x | 3.1x | 1.1x |
| Sun, 07 Jul 2024 | KSh675.0b | KSh616.9b | KSh206.6b | 3.3x | 3.3x | 1.1x |
| Tue, 04 Jun 2024 | KSh694.1b | KSh609.0b | KSh202.0b | 3.5x | 3.4x | 1.1x |
| Thu, 02 May 2024 | KSh666.3b | KSh603.3b | KSh192.5b | 3.6x | 3.5x | 1.1x |
| Sat, 30 Mar 2024 | KSh718.2b | KSh595.4b | KSh195.4b | 3.8x | 3.7x | 1.2x |
| Mon, 26 Feb 2024 | KSh605.5b | KSh585.6b | KSh191.9b | 3.5x | 3.2x | 1x |
| Wed, 24 Jan 2024 | KSh574.6b | KSh588.4b | KSh192.9b | 3.3x | 3x | 1x |
| Fri, 22 Dec 2023 | KSh564.8b | KSh587.4b | KSh192.6b | 3.2x | 2.9x | 1x |
| Sun, 19 Nov 2023 | KSh567.4b | KSh567.5b | KSh188.6b | 3.3x | 3x | 1x |
| Tue, 17 Oct 2023 | KSh583.3b | KSh567.3b | KSh188.6b | 3.5x | 3.1x | 1x |
| Thu, 14 Sep 2023 | KSh596.2b | KSh567.3b | KSh188.6b | 3.5x | 3.2x | 1.1x |
| Sat, 12 Aug 2023 | KSh637.4b | KSh556.3b | KSh186.9b | 3.8x | 3.4x | 1.1x |
| Mon, 10 Jul 2023 | KSh627.9b | KSh556.2b | KSh186.8b | 3.6x | 3.4x | 1.1x |
| Wed, 07 Jun 2023 | KSh619.5b | KSh549.3b | KSh183.9b | 3.6x | 3.4x | 1.1x |
| Fri, 05 May 2023 | KSh641.5b | KSh533.5b | KSh181.6b | 3.8x | 3.5x | 1.2x |
| Sun, 02 Apr 2023 | KSh687.6b | KSh514.6b | KSh179.6b | 3.9x | 3.8x | 1.3x |
| Tue, 28 Feb 2023 | KSh682.0b | KSh493.2b | KSh177.4b | 3.7x | 3.8x | 1.4x |
| Thu, 26 Jan 2023 | KSh671.3b | KSh491.0b | KSh176.7b | 3.7x | 3.8x | 1.4x |
| Sat, 24 Dec 2022 | KSh653.8b | KSh491.1b | KSh176.7b | 3.7x | 3.7x | 1.3x |
| Mon, 21 Nov 2022 | KSh644.2b | KSh469.8b | KSh166.7b | 3.8x | 3.9x | 1.4x |
| Wed, 19 Oct 2022 | KSh632.4b | KSh469.8b | KSh166.7b | 3.7x | 3.8x | 1.3x |
| Fri, 16 Sep 2022 | KSh653.8b | KSh469.8b | KSh166.7b | 4x | 3.9x | 1.4x |
| Sun, 14 Aug 2022 | KSh673.9b | KSh445.3b | KSh156.5b | 4.2x | 4.3x | 1.5x |
| Tue, 12 Jul 2022 | KSh635.7b | KSh445.5b | KSh156.2b | 3.9x | 4.1x | 1.4x |
| Thu, 09 Jun 2022 | KSh619.8b | KSh432.3b | KSh148.7b | 4x | 4.2x | 1.4x |
| Sat, 07 May 2022 | KSh623.1b | KSh426.1b | KSh145.0b | 4.5x | 4.3x | 1.5x |
| Mon, 04 Apr 2022 | KSh689.8b | KSh430.9b | KSh145.6b | 4.6x | 4.7x | 1.6x |
| Wed, 02 Mar 2022 | KSh683.0b | KSh391.1b | KSh128.8b | 5.2x | 5.3x | 1.7x |
| Fri, 28 Jan 2022 | KSh686.7b | KSh391.1b | KSh128.8b | 5.3x | 5.3x | 1.8x |
Price to Earnings Ratio
5.3x
Current Industry PE
- Investors are relatively neutral on the Kenyan Diversified Banks 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 3.7x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 19% 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 Kenyan Diversified Banks compare with similar industries?
| KE Market | 0.87% | |
| Financials | -1.65% | |
| Banks | -2.20% | |
| Diversified Banks | -2.32% | |
| Regional Banks | 40.88% | |
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 | |
|---|---|---|---|---|---|
| NCBA NCBA Group | KSh48.10 | 2.0% +KSh1.6b | 27.6% | PB0.8x | |
| EQTY Equity Group Holdings | KSh48.75 | 0.8% +KSh1.5b | 33.6% | PB1x | |
| KCB KCB Group | KSh43.60 | 0.3% +KSh482.0m | 107.1% | PB0.6x | |
| DTK Diamond Trust Bank Kenya | KSh69.25 | 1.1% +KSh209.7m | 54.7% | PB0.3x |