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Kenyan (NSE) Diversified Banks Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies10
- 7D2.2%
- 3M17.7%
- 1Y44.2%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 2.2%, driven by gains in Absa Bank Kenya and Standard Chartered Bank Kenya of 9.4% and 7.2%, respectively. This means that the industry has gained 44% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | KSh818.4b | KSh660.2b | KSh223.8b | 3.7x | 3.7x | 1.2x |
| Tue, 19 Nov 2024 | KSh786.8b | KSh648.0b | KSh219.0b | 3.7x | 3.6x | 1.2x |
| Thu, 17 Oct 2024 | KSh758.7b | KSh640.7b | KSh217.5b | 3.8x | 3.5x | 1.2x |
| Sat, 14 Sep 2024 | KSh694.2b | KSh640.4b | KSh217.3b | 3.4x | 3.2x | 1.1x |
| Mon, 12 Aug 2024 | KSh657.4b | KSh616.9b | KSh206.6b | 3.3x | 3.2x | 1.1x |
| Wed, 10 Jul 2024 | KSh691.3b | KSh616.9b | KSh206.6b | 3.4x | 3.3x | 1.1x |
| Fri, 07 Jun 2024 | KSh706.6b | KSh616.3b | KSh206.5b | 3.5x | 3.4x | 1.1x |
| Sun, 05 May 2024 | KSh642.2b | KSh602.8b | KSh192.4b | 3.5x | 3.3x | 1.1x |
| Tue, 02 Apr 2024 | KSh718.2b | KSh596.4b | KSh196.0b | 3.8x | 3.7x | 1.2x |
| Thu, 29 Feb 2024 | KSh607.7b | KSh585.8b | KSh192.0b | 3.5x | 3.2x | 1x |
| Sat, 27 Jan 2024 | KSh579.7b | KSh588.6b | KSh193.0b | 3.4x | 3x | 1x |
| Mon, 25 Dec 2023 | KSh567.1b | KSh587.7b | KSh192.7b | 3.2x | 2.9x | 1x |
| Wed, 22 Nov 2023 | KSh566.5b | KSh573.5b | KSh188.8b | 3.3x | 3x | 1x |
| Fri, 20 Oct 2023 | KSh581.5b | KSh567.3b | KSh188.6b | 3.4x | 3.1x | 1x |
| Sun, 17 Sep 2023 | KSh588.9b | KSh567.3b | KSh188.6b | 3.5x | 3.1x | 1x |
| Tue, 15 Aug 2023 | KSh633.3b | KSh560.8b | KSh189.1b | 3.8x | 3.3x | 1.1x |
| Thu, 13 Jul 2023 | KSh639.3b | KSh556.2b | KSh186.8b | 3.8x | 3.4x | 1.1x |
| Sat, 10 Jun 2023 | KSh623.4b | KSh552.7b | KSh185.4b | 3.7x | 3.4x | 1.1x |
| Mon, 08 May 2023 | KSh639.1b | KSh533.5b | KSh181.6b | 3.8x | 3.5x | 1.2x |
| Wed, 05 Apr 2023 | KSh690.2b | KSh514.6b | KSh179.6b | 3.9x | 3.8x | 1.3x |
| Fri, 03 Mar 2023 | KSh677.2b | KSh493.3b | KSh177.4b | 3.7x | 3.8x | 1.4x |
| Sun, 29 Jan 2023 | KSh672.5b | KSh491.0b | KSh176.7b | 3.7x | 3.8x | 1.4x |
| Tue, 27 Dec 2022 | KSh653.8b | KSh491.1b | KSh176.7b | 3.7x | 3.7x | 1.3x |
| Thu, 24 Nov 2022 | KSh634.0b | KSh469.8b | KSh166.7b | 3.7x | 3.8x | 1.3x |
| Sat, 22 Oct 2022 | KSh632.7b | KSh469.8b | KSh166.7b | 3.7x | 3.8x | 1.3x |
| Mon, 19 Sep 2022 | KSh645.2b | KSh469.8b | KSh166.7b | 3.8x | 3.9x | 1.4x |
| Wed, 17 Aug 2022 | KSh681.3b | KSh445.3b | KSh156.5b | 4.4x | 4.4x | 1.5x |
| Fri, 15 Jul 2022 | KSh622.7b | KSh445.5b | KSh156.2b | 3.8x | 4x | 1.4x |
| Sun, 12 Jun 2022 | KSh612.8b | KSh434.4b | KSh149.6b | 3.8x | 4.1x | 1.4x |
| Tue, 10 May 2022 | KSh619.3b | KSh427.5b | KSh145.6b | 4.4x | 4.3x | 1.4x |
| Thu, 07 Apr 2022 | KSh691.9b | KSh430.9b | KSh145.6b | 4.7x | 4.8x | 1.6x |
| Sat, 05 Mar 2022 | KSh694.9b | KSh391.1b | KSh128.8b | 5.2x | 5.4x | 1.8x |
| Mon, 31 Jan 2022 | KSh687.0b | KSh391.1b | KSh128.8b | 5.4x | 5.3x | 1.8x |
| Wed, 29 Dec 2021 | KSh679.4b | KSh391.1b | KSh128.8b | 5.2x | 5.3x | 1.7x |
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 1.3x.
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 | 2.27% | |
| Financials | 2.03% | |
| Banks | 2.20% | |
| Diversified Banks | 2.20% | |
| Regional Banks | 2.93% | |
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 | KSh16.85 | 9.4% +KSh7.9b | 50.4% | PB1.2x | |
| SCBK Standard Chartered Bank Kenya | KSh272.75 | 7.2% +KSh6.9b | 70.2% | PB1.5x | |
| COOP Co-operative Bank of Kenya | KSh15.55 | 6.5% +KSh5.6b | 40.7% | PB0.7x | |
| NCBA NCBA Group | KSh46.90 | 5.2% +KSh3.8b | 17.3% | PB0.8x | |
| DTK Diamond Trust Bank Kenya | KSh63.25 | 9.1% +KSh1.5b | 36.0% | PB0.2x |