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South Korean (KOSPI) Banks Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies11
  • 7D3.1%
  • 3M11.6%
  • 1Y-18.4%
  • YTD-14.5%

In the last week, the Banks industry is up 3.1%, with Shinhan Financial Group leading the way with a 4.2% gain. In contrast, the industry has lost 18% in the last 12 months. As for the next few years, earnings are expected to grow by 5.9% per annum.

Industry Valuation and Performance

Has the South Korean Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022₩89.8t₩69.4t₩19.8t3.8x4.5x1.3x
Mon, 31 Oct 2022₩79.2t₩66.4t₩19.4t3.8x4.1x1.2x
Wed, 28 Sep 2022₩76.9t₩66.1t₩18.9t3.4x4.1x1.2x
Fri, 26 Aug 2022₩84.9t₩65.2t₩19.2t3.4x4.4x1.3x
Sun, 24 Jul 2022₩83.3t₩65.0t₩19.0t3.2x4.4x1.3x
Tue, 21 Jun 2022₩92.6t₩65.0t₩18.9t3.7x4.9x1.4x
Thu, 19 May 2022₩101.1t₩64.3t₩18.6t4.1x5.4x1.6x
Sat, 16 Apr 2022₩105.0t₩88.4t₩18.0t4.4x5.8x1.2x
Mon, 14 Mar 2022₩101.5t₩70.5t₩17.7t4.4x5.8x1.4x
Wed, 09 Feb 2022₩104.1t₩69.8t₩17.3t4.6x6x1.5x
Fri, 07 Jan 2022₩104.0t₩69.8t₩17.3tn/a6x1.5x
Sun, 05 Dec 2021₩109.5t₩69.8t₩17.5t4.1x6.2x1.6x
Tue, 02 Nov 2021₩110.2t₩71.4t₩18.3t4.6x6x1.5x
Thu, 30 Sep 2021₩110.7t₩67.1t₩16.3t4.4x6.8x1.6x
Sat, 28 Aug 2021₩116.8t₩67.2t₩16.4t4.5x7.1x1.7x
Sun, 04 Jul 2021₩78.2t₩67.2t₩16.4t4.5x4.8x1.2x
Wed, 07 Apr 2021₩73.2t₩63.9t₩14.4t5x5.1x1.1x
Sat, 09 Jan 2021₩61.4t₩62.2t₩13.1t4.9x4.7x1x
Fri, 02 Oct 2020₩51.7t₩60.9t₩12.7t4.2x4.1x0.8x
Mon, 06 Jul 2020₩50.3t₩60.5t₩12.5t4.2x4x0.8x
Thu, 09 Apr 2020₩46.9t₩60.6t₩13.2t3.1x3.6x0.8x
Wed, 01 Jan 2020₩69.7t₩59.2t₩13.4t4.9x5.2x1.2x
Price to Earnings Ratio

5.3x


Total Market Cap: ₩68.7tTotal Earnings: ₩12.9tTotal Revenue: ₩58.1tTotal Market Cap vs Earnings and Revenue0%0%0%
South Korean Banks Industry Price to Earnings3Y Average 4.9x202020212022
Current Industry PE
  • Investors are relatively neutral on the South Korean 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 4.9x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 6.1% 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 South Korean Financials industry?

KR Market-0.18%
Financials2.21%
Banks3.13%
Regional Banks4.92%
Diversified Banks3.05%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 5.0x.
    • Analysts are expecting annual earnings growth of 6.1%, which is lower than the prior year's growth of 17.5% per year.
  • Investors are most pessimistic about the Regional Banks industry, which is trading close to its 3-year average of 3.8x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 6.1% over the next 5 years.
  • However this is lower than its past earnings growth rate of 17% per year.
  • In contrast, the Regional Banks industry is expected to see its earnings grow by 3.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
A055550 Shinhan Financial Group₩38.10k4.2%
+₩815.7b
2.8%PB0.4x
A105560 KB Financial Group₩52.40k4.0%
+₩779.3b
-8.1%PB0.4x
A086790 Hana Financial Group₩45.55k5.2%
+₩656.0b
7.4%PB0.4x
A316140 Woori Financial Group₩12.75k2.4%
+₩218.4b
0%PB0.3x
A024110 Industrial Bank of Korea₩11.20k1.4%
+₩111.6b
3.2%PB0.3x
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A323410

₩26,250.00

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-0.6%

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-61.1%

A006220

₩11,000.00

Jeju Bank

7D

37.2%

1Y

104.1%

A316140

₩12,750.00

Woori Financial Group

7D

2.4%

1Y

0%

A105560

₩52,400.00

KB Financial Group

7D

4.0%

1Y

-8.1%

A055550

₩38,100.00

Shinhan Financial Group

7D

4.2%

1Y

2.8%

A024110

₩11,200.00

Industrial Bank of Korea

7D

1.4%

1Y

3.2%

A139130

₩7,930.00

DGB Financial Group

7D

4.5%

1Y

-16.8%