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Kuwaiti (PR) Banks Industry Analysis
UpdatedSep 06, 2024
DataAggregated Company Financials
Companies10
- 7D-0.6%
- 3M1.6%
- 1Y3.3%
- YTD5.1%
In the last week, the Banks industry is flat overall, with Gulf Bank K.S.C.P standing out by going down 3.5%. The past year has been better, since the industry has gained 5.0% in that time. Looking forward, earnings are forecast to grow by 7.2% annually.
Industry Valuation and Performance
Has the Kuwaiti Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 06 Sep 2024 | د.ك26.4b | د.ك4.5b | د.ك1.4b | 18.3x | 18.2x | 5.9x |
| Sun, 04 Aug 2024 | د.ك26.9b | د.ك4.5b | د.ك1.4b | 17.9x | 18.6x | 6x |
| Tue, 02 Jul 2024 | د.ك25.7b | د.ك4.4b | د.ك1.4b | 17.1x | 17.9x | 5.9x |
| Thu, 30 May 2024 | د.ك26.3b | د.ك4.4b | د.ك1.4b | 16.9x | 18.3x | 6x |
| Sat, 27 Apr 2024 | د.ك26.0b | د.ك4.4b | د.ك1.4b | 18.5x | 18.3x | 5.9x |
| Mon, 25 Mar 2024 | د.ك27.0b | د.ك4.3b | د.ك1.5b | 20x | 18.2x | 6.3x |
| Wed, 21 Feb 2024 | د.ك27.8b | د.ك4.3b | د.ك1.5b | 20.5x | 18.1x | 6.4x |
| Fri, 19 Jan 2024 | د.ك26.3b | د.ك4.4b | د.ك1.5b | 19.5x | 17x | 6.1x |
| Sun, 17 Dec 2023 | د.ك24.8b | د.ك4.4b | د.ك1.5b | 17.9x | 16x | 5.7x |
| Tue, 14 Nov 2023 | د.ك23.9b | د.ك4.2b | د.ك1.5b | 17.1x | 15.8x | 5.7x |
| Thu, 12 Oct 2023 | د.ك24.1b | د.ك4.0b | د.ك1.4b | 18.9x | 16.9x | 6x |
| Sat, 09 Sep 2023 | د.ك25.7b | د.ك4.0b | د.ك1.4b | 19.7x | 18.1x | 6.4x |
| Mon, 07 Aug 2023 | د.ك26.2b | د.ك3.9b | د.ك1.4b | 20.2x | 18.7x | 6.7x |
| Wed, 05 Jul 2023 | د.ك26.2b | د.ك3.7b | د.ك1.3b | 19.6x | 20.6x | 7x |
| Fri, 02 Jun 2023 | د.ك24.8b | د.ك3.7b | د.ك1.3b | 20x | 19.5x | 6.6x |
| Sun, 30 Apr 2023 | د.ك26.7b | د.ك3.5b | د.ك1.2b | 21.6x | 22.7x | 7.7x |
| Tue, 28 Mar 2023 | د.ك26.3b | د.ك3.7b | د.ك1.2b | 22.6x | 22.6x | 7.1x |
| Thu, 23 Feb 2023 | د.ك27.9b | د.ك3.4b | د.ك1.1b | 22.2x | 25.1x | 8.3x |
| Sat, 21 Jan 2023 | د.ك27.2b | د.ك3.1b | د.ك1.0b | 23.6x | 27x | 8.7x |
| Mon, 19 Dec 2022 | د.ك26.9b | د.ك3.1b | د.ك1.0b | 23.2x | 26.7x | 8.7x |
| Wed, 16 Nov 2022 | د.ك28.3b | د.ك3.2b | د.ك1.0b | 25.7x | 27.2x | 9x |
| Fri, 14 Oct 2022 | د.ك25.6b | د.ك3.0b | د.ك989.3m | 23.3x | 25.8x | 8.5x |
| Sun, 11 Sep 2022 | د.ك24.1b | د.ك3.0b | د.ك989.3m | 25.1x | 24.3x | 8x |
| Tue, 09 Aug 2022 | د.ك24.5b | د.ك3.0b | د.ك987.4m | 25.9x | 24.8x | 8.2x |
| Thu, 07 Jul 2022 | د.ك23.8b | د.ك2.8b | د.ك916.9m | 25.8x | 26x | 8.4x |
| Sat, 04 Jun 2022 | د.ك24.2b | د.ك2.8b | د.ك916.9m | 26.1x | 26.4x | 8.6x |
| Mon, 02 May 2022 | د.ك25.9b | د.ك2.8b | د.ك877.1m | 26.2x | 29.5x | 9.3x |
| Wed, 30 Mar 2022 | د.ك25.6b | د.ك2.7b | د.ك822.3m | 28.3x | 31.2x | 9.5x |
| Fri, 25 Feb 2022 | د.ك23.4b | د.ك2.7b | د.ك791.4m | 33x | 29.6x | 8.8x |
| Sun, 23 Jan 2022 | د.ك22.9b | د.ك2.5b | د.ك661.5m | 26.6x | 34.6x | 9.3x |
| Tue, 21 Dec 2021 | د.ك21.0b | د.ك2.5b | د.ك661.5m | 24.1x | 31.8x | 8.5x |
| Thu, 18 Nov 2021 | د.ك21.8b | د.ك2.5b | د.ك661.5m | 24.6x | 33x | 8.9x |
| Sat, 16 Oct 2021 | د.ك20.4b | د.ك2.3b | د.ك562.5m | 25.5x | 36.2x | 8.8x |
| Mon, 13 Sep 2021 | د.ك20.5b | د.ك2.3b | د.ك562.5m | 25.4x | 36.4x | 8.9x |
Price to Earnings Ratio
36.4x
Current Industry PE
- Investors are pessimistic on the Kuwaiti 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 18.3x which is lower than its 3-year average PE of 23.8x.
- The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 25% 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 Kuwaiti Financials industry?
| KW Market | 0.078% | |
| Financials | -0.16% | |
| Banks | -0.59% | |
| Regional Banks | 0% | |
| Diversified Banks | -0.59% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 23.8x.
- Analysts expect its future annual earnings growth (7.2%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 23.8x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.2% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BURG Burgan Bank K.P.S.C | د.ك0.20 | 2.1% +د.ك14.5m | 7.2% | PB0.7x | |
| ABK Al Ahli Bank of Kuwait K.S.C.P | د.ك0.29 | 1.0% +د.ك7.4m | 41.1% | PB1.2x | |
| KIB Kuwait International Bank K.S.C.P | د.ك0.19 | 0.5% +د.ك1.6m | 20.5% | PB0.7x |