Have your own idea? Try our Stock Screener
Kuwaiti (PR) Banks Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies10
- 7D1.0%
- 3M3.0%
- 1Y9.2%
- YTD7.2%
The Banks industry has stayed flat over the last week. As for the the longer term, the industry is up 8.9% over the past 12 months. Earnings are forecast to grow by 7.6% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | د.ك27.0b | د.ك4.5b | د.ك1.5b | 18x | 18.3x | 5.9x |
| Thu, 28 Nov 2024 | د.ك26.4b | د.ك4.5b | د.ك1.5b | 17.7x | 18x | 5.8x |
| Sat, 26 Oct 2024 | د.ك25.5b | د.ك4.5b | د.ك1.5b | 16.6x | 17.3x | 5.6x |
| Mon, 23 Sep 2024 | د.ك26.4b | د.ك4.5b | د.ك1.4b | 18.3x | 18.2x | 5.8x |
| Wed, 21 Aug 2024 | د.ك26.4b | د.ك4.5b | د.ك1.4b | 17.2x | 18.2x | 5.8x |
| Fri, 19 Jul 2024 | د.ك26.3b | د.ك4.4b | د.ك1.4b | 18x | 18.2x | 6x |
| Sun, 16 Jun 2024 | د.ك26.1b | د.ك4.4b | د.ك1.4b | 17.5x | 18.2x | 6x |
| Tue, 14 May 2024 | د.ك26.9b | د.ك4.4b | د.ك1.4b | 16.5x | 18.8x | 6.1x |
| Thu, 11 Apr 2024 | د.ك26.2b | د.ك4.3b | د.ك1.4b | 18.7x | 18.7x | 6.1x |
| Sat, 09 Mar 2024 | د.ك27.0b | د.ك4.3b | د.ك1.5b | 20x | 17.9x | 6.3x |
| Mon, 05 Feb 2024 | د.ك26.2b | د.ك4.3b | د.ك1.5b | 19.5x | 17.2x | 6.1x |
| Wed, 03 Jan 2024 | د.ك25.3b | د.ك4.4b | د.ك1.5b | 18.3x | 16.3x | 5.8x |
| Fri, 01 Dec 2023 | د.ك24.1b | د.ك4.3b | د.ك1.5b | 17.6x | 15.9x | 5.6x |
| Sun, 29 Oct 2023 | د.ك23.8b | د.ك4.2b | د.ك1.5b | 17.5x | 15.7x | 5.6x |
| Tue, 26 Sep 2023 | د.ك25.3b | د.ك4.0b | د.ك1.4b | 19.4x | 17.8x | 6.3x |
| Thu, 24 Aug 2023 | د.ك25.8b | د.ك4.0b | د.ك1.4b | 19.8x | 18.2x | 6.5x |
| Sat, 22 Jul 2023 | د.ك26.8b | د.ك3.8b | د.ك1.3b | 20.1x | 20.6x | 7.1x |
| Mon, 19 Jun 2023 | د.ك25.7b | د.ك3.7b | د.ك1.3b | 20x | 20.2x | 6.9x |
| Wed, 17 May 2023 | د.ك25.1b | د.ك3.6b | د.ك1.3b | 20.5x | 19.7x | 6.9x |
| Fri, 14 Apr 2023 | د.ك26.1b | د.ك3.4b | د.ك1.2b | 22x | 22.6x | 7.6x |
| Sun, 12 Mar 2023 | د.ك27.9b | د.ك3.4b | د.ك1.1b | 22.2x | 25x | 8.3x |
| Tue, 07 Feb 2023 | د.ك28.2b | د.ك3.2b | د.ك1.0b | 23.7x | 27.3x | 8.9x |
| Thu, 05 Jan 2023 | د.ك26.1b | د.ك3.1b | د.ك1.0b | 22.9x | 25.9x | 8.4x |
| Sat, 03 Dec 2022 | د.ك28.1b | د.ك3.1b | د.ك1.0b | 23.7x | 27.9x | 9x |
| Mon, 31 Oct 2022 | د.ك26.7b | د.ك3.2b | د.ك1.0b | 22.9x | 25.6x | 8.5x |
| Wed, 28 Sep 2022 | د.ك23.0b | د.ك3.0b | د.ك989.3m | 23.5x | 23.3x | 7.7x |
| Fri, 26 Aug 2022 | د.ك24.9b | د.ك3.0b | د.ك989.3m | 25.4x | 25.2x | 8.3x |
| Sun, 24 Jul 2022 | د.ك24.5b | د.ك2.9b | د.ك977.1m | 27.8x | 25.1x | 8.5x |
| Tue, 21 Jun 2022 | د.ك22.8b | د.ك2.8b | د.ك916.9m | 25.4x | 24.9x | 8.1x |
| Thu, 19 May 2022 | د.ك24.9b | د.ك2.8b | د.ك916.9m | 27.2x | 27.2x | 8.8x |
| Sat, 16 Apr 2022 | د.ك25.7b | د.ك2.7b | د.ك816.0m | 27.8x | 31.5x | 9.6x |
| Mon, 14 Mar 2022 | د.ك24.8b | د.ك2.7b | د.ك791.4m | 35x | 31.3x | 9.3x |
| Wed, 09 Feb 2022 | د.ك22.8b | د.ك2.5b | د.ك698.7m | 27.6x | 32.6x | 9x |
| Fri, 07 Jan 2022 | د.ك21.8b | د.ك2.5b | د.ك661.5m | n/a | 33x | 8.9x |
Price to Earnings Ratio
33x
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 22.1x.
- The 3-year average PS ratio of 7.2x 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 31% per year over the last three years.
- Revenues for these companies have grown 23% 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 | 0.98% | |
| Financials | 1.12% | |
| Banks | 0.96% | |
| Diversified Banks | 0.96% | |
| Regional Banks | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 22.1x.
- Analysts are expecting annual earnings growth of 7.6%, which is lower than the prior year's growth of 11.7% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 22.1x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.6% over the next 5 years.
- However this is lower than its past earnings growth rate of 12% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.6% 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 | |
|---|---|---|---|---|---|
| CBK Commercial Bank of Kuwait K.P.S.C | د.ك0.64 | 14.3% +د.ك143.5m | 23.1% | PB1.7x | |
| NBK National Bank of KuwaitK.P | د.ك0.89 | 1.6% +د.ك116.6m | 4.3% | PB1.7x | |
| KFH Kuwait Finance House K.S.C.P | د.ك0.75 | 0.7% +د.ك83.1m | 12.3% | PB2.1x | |
| BOUBYAN Boubyan Bank K.S.C.P | د.ك0.57 | 0.7% +د.ك16.8m | 0.2% | PB2.3x | |
| ABK Al Ahli Bank of Kuwait K.S.C.P | د.ك0.27 | 0.4% +د.ك2.5m | 21.2% | PB0.9x |