Kenyan (NSE) Diversified Banks Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies10
- 7D-2.1%
- 3M0.04%
- 1Y7.3%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 2.1%, driven by KCB Group declining 6.5%. This takes the industry's 12 month performance to a gain of 7.3%. Earnings are forecast to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | KSh673.2b | KSh617.6b | KSh206.8b | 3.3x | 3.3x | 1.1x |
| Sun, 23 Jun 2024 | KSh691.1b | KSh616.9b | KSh206.6b | 3.4x | 3.3x | 1.1x |
| Tue, 21 May 2024 | KSh673.3b | KSh597.2b | KSh195.1b | 3.5x | 3.5x | 1.1x |
| Thu, 18 Apr 2024 | KSh682.6b | KSh603.0b | KSh192.3b | 3.6x | 3.5x | 1.1x |
| Sat, 16 Mar 2024 | KSh660.5b | KSh589.6b | KSh193.1b | 3.7x | 3.4x | 1.1x |
| Mon, 12 Feb 2024 | KSh587.2b | KSh587.9b | KSh192.7b | 3.4x | 3x | 1x |
| Wed, 10 Jan 2024 | KSh574.1b | KSh587.8b | KSh192.7b | 3.3x | 3x | 1x |
| Fri, 08 Dec 2023 | KSh574.2b | KSh587.5b | KSh192.6b | 3.4x | 3x | 1x |
| Sun, 05 Nov 2023 | KSh556.2b | KSh567.4b | KSh188.6b | 3.3x | 2.9x | 1x |
| Tue, 03 Oct 2023 | KSh582.2b | KSh567.3b | KSh188.6b | 3.5x | 3.1x | 1x |
| Thu, 31 Aug 2023 | KSh599.5b | KSh563.4b | KSh187.1b | 3.5x | 3.2x | 1.1x |
| Sat, 29 Jul 2023 | KSh630.6b | KSh556.2b | KSh186.8b | 3.7x | 3.4x | 1.1x |
| Mon, 26 Jun 2023 | KSh617.5b | KSh556.3b | KSh186.8b | 3.6x | 3.3x | 1.1x |
| Wed, 24 May 2023 | KSh578.5b | KSh532.9b | KSh181.4b | 3.6x | 3.2x | 1.1x |
| Fri, 21 Apr 2023 | KSh680.7b | KSh533.4b | KSh181.6b | 3.9x | 3.7x | 1.3x |
| Sun, 19 Mar 2023 | KSh620.7b | KSh495.2b | KSh178.1b | 3.3x | 3.5x | 1.3x |
| Tue, 14 Feb 2023 | KSh683.5b | KSh493.1b | KSh177.3b | 3.7x | 3.9x | 1.4x |
| Thu, 12 Jan 2023 | KSh677.3b | KSh491.1b | KSh176.7b | 3.8x | 3.8x | 1.4x |
| Sat, 10 Dec 2022 | KSh642.3b | KSh481.6b | KSh172.1b | 3.6x | 3.7x | 1.3x |
| Mon, 07 Nov 2022 | KSh633.7b | KSh469.8b | KSh166.7b | 3.8x | 3.8x | 1.3x |
| Wed, 05 Oct 2022 | KSh643.8b | KSh469.8b | KSh166.7b | 3.9x | 3.9x | 1.4x |
| Fri, 02 Sep 2022 | KSh662.6b | KSh469.8b | KSh166.7b | 3.8x | 4x | 1.4x |
| Sun, 31 Jul 2022 | KSh640.4b | KSh445.3b | KSh156.5b | 4x | 4.1x | 1.4x |
| Tue, 28 Jun 2022 | KSh575.3b | KSh445.5b | KSh156.2b | 3.6x | 3.7x | 1.3x |
| Thu, 26 May 2022 | KSh597.8b | KSh427.2b | KSh145.8b | 4x | 4.1x | 1.4x |
| Sat, 23 Apr 2022 | KSh689.4b | KSh426.4b | KSh145.2b | 4.5x | 4.7x | 1.6x |
| Mon, 21 Mar 2022 | KSh702.8b | KSh404.2b | KSh133.2b | 5.2x | 5.3x | 1.7x |
| Wed, 16 Feb 2022 | KSh703.5b | KSh391.1b | KSh128.8b | 5.3x | 5.5x | 1.8x |
| Fri, 14 Jan 2022 | KSh682.0b | KSh391.1b | KSh128.8b | 5.3x | 5.3x | 1.7x |
| Sun, 12 Dec 2021 | KSh655.2b | KSh387.8b | KSh127.7b | 5x | 5.1x | 1.7x |
| Tue, 09 Nov 2021 | KSh666.0b | KSh360.6b | KSh112.0b | 6x | 5.9x | 1.8x |
| Thu, 07 Oct 2021 | KSh681.4b | KSh360.5b | KSh112.0b | 6.2x | 6.1x | 1.9x |
| Sat, 04 Sep 2021 | KSh705.5b | KSh364.4b | KSh107.4b | 6.7x | 6.6x | 1.9x |
| Mon, 02 Aug 2021 | KSh675.1b | KSh364.4b | KSh107.4b | 6.5x | 6.3x | 1.9x |
Price to Earnings Ratio
6.3x
Current Industry PE
- Investors are pessimistic on the Kenyan Diversified 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 3.3x which is lower than its 3-year average PE of 4.1x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 24% 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 | -3.03% | |
| Financials | -1.92% | |
| Banks | -2.11% | |
| Diversified Banks | -2.13% | |
| Regional Banks | 6.94% | |
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 | |
|---|---|---|---|---|---|
| ABSA Absa Bank Kenya | KSh14.05 | 0.4% +KSh271.6m | 13.3% | PB1x | |
| NCBA NCBA Group | KSh40.90 | 0.1% +KSh82.4m | 6.6% | PB0.7x |