Narrative Update • May 09

In the last week, Banks has been flat. The past year has been better, since the industry has gained 6.5% in that time. Looking forward, earnings are forecast to grow by 11% annually.
Has the Kuwaiti Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 11 May 2026 | د.ك32.3b | د.ك5.0b | د.ك1.6b | 23.1x | 20x | 6.4x |
| Wed, 08 Apr 2026 | د.ك31.2b | د.ك5.0b | د.ك1.6b | 22.8x | 19.4x | 6.3x |
| Fri, 06 Mar 2026 | د.ك31.0b | د.ك5.0b | د.ك1.6b | 21.9x | 19.3x | 6.2x |
| Sun, 01 Feb 2026 | د.ك31.2b | د.ك5.0b | د.ك1.6b | 22x | 19.4x | 6.3x |
| Tue, 30 Dec 2025 | د.ك32.4b | د.ك5.0b | د.ك1.6b | 24.1x | 19.6x | 6.5x |
| Thu, 27 Nov 2025 | د.ك31.9b | د.ك5.0b | د.ك1.6b | 23.8x | 19.4x | 6.4x |
| Sat, 25 Oct 2025 | د.ك32.3b | د.ك4.9b | د.ك1.6b | 24.1x | 19.9x | 6.5x |
| Mon, 22 Sep 2025 | د.ك32.6b | د.ك4.9b | د.ك1.6b | 24.3x | 20x | 6.7x |
| Wed, 20 Aug 2025 | د.ك32.4b | د.ك4.9b | د.ك1.6b | 24x | 19.9x | 6.7x |
| Fri, 18 Jul 2025 | د.ك32.6b | د.ك4.8b | د.ك1.6b | 24.6x | 20.5x | 6.8x |
| Sun, 15 Jun 2025 | د.ك30.6b | د.ك4.8b | د.ك1.6b | 23.5x | 19.3x | 6.4x |
| Tue, 13 May 2025 | د.ك30.1b | د.ك4.8b | د.ك1.6b | 23.2x | 18.9x | 6.3x |
| Thu, 10 Apr 2025 | د.ك28.4b | د.ك4.7b | د.ك1.6b | 21.4x | 17.8x | 6x |
| Sat, 08 Mar 2025 | د.ك30.0b | د.ك4.7b | د.ك1.5b | 21.4x | 19.4x | 6.4x |
| Mon, 03 Feb 2025 | د.ك28.6b | د.ك4.6b | د.ك1.5b | 20.3x | 19.3x | 6.2x |
| Wed, 01 Jan 2025 | د.ك27.0b | د.ك4.5b | د.ك1.5b | 17.2x | 18.4x | 5.9x |
| Fri, 29 Nov 2024 | د.ك26.5b | د.ك4.5b | د.ك1.5b | 17.8x | 18x | 5.8x |
| Sun, 27 Oct 2024 | د.ك25.5b | د.ك4.5b | د.ك1.5b | 16.6x | 17.3x | 5.6x |
| Tue, 24 Sep 2024 | د.ك26.4b | د.ك4.5b | د.ك1.4b | 18.3x | 18.2x | 5.8x |
| Thu, 22 Aug 2024 | د.ك26.5b | د.ك4.5b | د.ك1.4b | 17.3x | 18.2x | 5.9x |
| Sat, 20 Jul 2024 | د.ك26.3b | د.ك4.4b | د.ك1.4b | 18x | 18.2x | 6x |
| Mon, 17 Jun 2024 | د.ك26.1b | د.ك4.4b | د.ك1.4b | 17.5x | 18.2x | 6x |
| Wed, 15 May 2024 | د.ك26.8b | د.ك4.4b | د.ك1.4b | 16.5x | 18.7x | 6.1x |
| Fri, 12 Apr 2024 | د.ك26.2b | د.ك4.3b | د.ك1.4b | 18.7x | 18.7x | 6.1x |
| Sun, 10 Mar 2024 | د.ك27.0b | د.ك4.3b | د.ك1.5b | 20x | 17.9x | 6.3x |
| Tue, 06 Feb 2024 | د.ك26.4b | د.ك4.3b | د.ك1.5b | 19.5x | 17.3x | 6.1x |
| Thu, 04 Jan 2024 | د.ك25.4b | د.ك4.4b | د.ك1.5b | 18.8x | 16.4x | 5.8x |
| Sat, 02 Dec 2023 | د.ك24.1b | د.ك4.3b | د.ك1.5b | 17.6x | 15.9x | 5.6x |
| Mon, 30 Oct 2023 | د.ك23.8b | د.ك4.2b | د.ك1.5b | 16.7x | 15.7x | 5.6x |
| Wed, 27 Sep 2023 | د.ك25.4b | د.ك4.0b | د.ك1.4b | 19.4x | 17.9x | 6.4x |
| Fri, 25 Aug 2023 | د.ك25.9b | د.ك4.0b | د.ك1.4b | 19.9x | 18.2x | 6.5x |
| Sun, 23 Jul 2023 | د.ك26.8b | د.ك3.8b | د.ك1.3b | 20.1x | 20.6x | 7.1x |
| Tue, 20 Jun 2023 | د.ك25.7b | د.ك3.7b | د.ك1.3b | 19.9x | 20.2x | 6.9x |
| Thu, 18 May 2023 | د.ك24.8b | د.ك3.7b | د.ك1.3b | 20.3x | 19.4x | 6.7x |
19.4x
Which industries have driven the changes within the Kuwaiti Financials industry?
| KW Market | -0.37% | |
| Financials | -0.72% | |
| Banks | -0.90% | |
| Diversified Banks | -0.90% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GBK Gulf Bank K.S.C.P | د.ك0.35 | 1.8% +د.ك25.1m | 3.8% | PB1.8x | |
| KPROJ Kuwait Projects Company Holding K.S.C.P | د.ك0.086 | 0.6% +د.ك2.3m | -6.8% | PB0.5x | |
| CBK Commercial Bank of Kuwait K.P.S.C | د.ك0.48 | 0.2% +د.ك2.0m | -9.7% | PB1.2x |