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South Korean (KOSPI) Banks Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies11
  • 7D0.3%
  • 3M-4.0%
  • 1Y17.6%
  • YTD17.4%

Over the last 7 days, the Banks industry has dropped 2.8%, driven by a pullback from KakaoBank of 1.0%. This takes the industry's 12 month performance to a gain of 14%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021₩104.8t₩72.0t₩18.5t4x
Tue, 02 Nov 2021₩110.2t₩71.4t₩18.3t4.6x
Thu, 30 Sep 2021₩110.7t₩67.1t₩16.3t4.4x
Sat, 28 Aug 2021₩116.8t₩67.2t₩16.4t4.5x
Sun, 04 Jul 2021₩78.2t₩67.2t₩16.4t4.5x
Wed, 07 Apr 2021₩73.2t₩63.9t₩14.4t5x
Sat, 09 Jan 2021₩61.4t₩62.2t₩13.1t4.9x
Fri, 02 Oct 2020₩51.7t₩60.9t₩12.7t4.2x
Mon, 06 Jul 2020₩50.3t₩60.5t₩12.5t4.2x
Thu, 09 Apr 2020₩46.9t₩60.6t₩13.2t3.1x
Wed, 01 Jan 2020₩69.7t₩59.2t₩13.4t4.9x
Sat, 05 Oct 2019₩68.0t₩58.1t₩12.9t5.4x
Tue, 09 Jul 2019₩73.2t₩57.0t₩12.8t5.4x
Mon, 01 Apr 2019₩69.6t₩56.6t₩12.6t5.4x
Thu, 03 Jan 2019₩71.5t₩55.5t₩12.8t5.6x
PE Ratio

5.6x

Total Market Cap: ₩71.5tTotal Earnings: ₩12.8tTotal Revenue: ₩55.5t0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 4.8x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 13% per year over the last three years, and revenues for these companies have grown 14% 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 Banks industry?

Regional Banks0.95%
Diversified Banks0.31%

Industry PE: Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 5.7x. However analysts are expecting annual earnings growth of 4.7%, which is lower than the prior year's growth of 31% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 4.8x.

Forecasted Growth: Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 4.7% over the next 5 years. However this is lower than its past earnings growth rate of 31% per year. Meanwhile, the Diversified Banks industry is expected to see its earnings grow by 2.8% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
A105560 KB Financial Group2.2%+₩467.6b20.8%PB0.5x
A086790 Hana Financial Group1.6%+₩189.5b16.0%PB0.4x
A055550 Shinhan Financial Group1.0%+₩180.8b7.1%PB0.4x
A175330 JB Financial Group2.5%+₩40.8b53.0%PB0.4x
A139130 DGB Financial Group1.9%+₩30.4b28.1%PB0.3x
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