Narrative Update • Jul 27

Over the last 7 days, the Banks industry has remained flat. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Has the Kuwaiti Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | د.ك32.2b | د.ك5.0b | د.ك1.6b | 25.4x | 19.7x | 6.4x |
| Tue, 07 Jul 2026 | د.ك31.5b | د.ك5.0b | د.ك1.6b | 24.1x | 19.6x | 6.3x |
| Thu, 04 Jun 2026 | د.ك31.6b | د.ك5.0b | د.ك1.6b | 24.5x | 19.7x | 6.3x |
| Sat, 02 May 2026 | د.ك32.4b | د.ك5.0b | د.ك1.6b | 23.2x | 20.1x | 6.4x |
| Mon, 30 Mar 2026 | د.ك30.5b | د.ك5.0b | د.ك1.6b | 22.2x | 19x | 6.1x |
| Wed, 25 Feb 2026 | د.ك31.1b | د.ك5.0b | د.ك1.6b | 22.1x | 19.3x | 6.2x |
| Fri, 23 Jan 2026 | د.ك32.2b | د.ك5.0b | د.ك1.6b | 23x | 19.5x | 6.4x |
| Sun, 21 Dec 2025 | د.ك32.3b | د.ك5.0b | د.ك1.6b | 24.2x | 19.6x | 6.5x |
| Tue, 18 Nov 2025 | د.ك32.0b | د.ك5.0b | د.ك1.7b | 23.5x | 19.3x | 6.4x |
| Thu, 16 Oct 2025 | د.ك32.2b | د.ك4.9b | د.ك1.6b | 24x | 19.7x | 6.6x |
| Sat, 13 Sep 2025 | د.ك32.3b | د.ك4.9b | د.ك1.6b | 23.9x | 19.8x | 6.6x |
| Mon, 11 Aug 2025 | د.ك32.5b | د.ك4.9b | د.ك1.6b | 24.3x | 19.9x | 6.7x |
| Wed, 09 Jul 2025 | د.ك32.1b | د.ك4.8b | د.ك1.6b | 25.1x | 20.2x | 6.7x |
| Fri, 06 Jun 2025 | د.ك30.5b | د.ك4.8b | د.ك1.6b | 23.2x | 19.2x | 6.4x |
| Sun, 04 May 2025 | د.ك29.8b | د.ك4.8b | د.ك1.6b | 22x | 18.7x | 6.3x |
| Tue, 01 Apr 2025 | د.ك29.9b | د.ك4.7b | د.ك1.6b | 22.2x | 18.7x | 6.4x |
| Thu, 27 Feb 2025 | د.ك29.7b | د.ك4.6b | د.ك1.5b | 21.7x | 20x | 6.4x |
| Sat, 25 Jan 2025 | د.ك28.6b | د.ك4.5b | د.ك1.5b | 19.6x | 19.4x | 6.3x |
| Mon, 23 Dec 2024 | د.ك26.7b | د.ك4.5b | د.ك1.5b | 18.1x | 18.2x | 5.9x |
| Wed, 20 Nov 2024 | د.ك27.0b | د.ك4.6b | د.ك1.5b | 17.8x | 18.3x | 5.9x |
| Fri, 18 Oct 2024 | د.ك25.9b | د.ك4.5b | د.ك1.5b | 17x | 17.6x | 5.7x |
| Sun, 15 Sep 2024 | د.ك26.3b | د.ك4.5b | د.ك1.4b | 18.4x | 18.1x | 5.8x |
| Tue, 13 Aug 2024 | د.ك26.2b | د.ك4.5b | د.ك1.4b | 17x | 18.2x | 5.8x |
| Thu, 11 Jul 2024 | د.ك26.2b | د.ك4.4b | د.ك1.4b | 18x | 18.3x | 6x |
| Sat, 08 Jun 2024 | د.ك26.0b | د.ك4.4b | د.ك1.4b | 17x | 18.2x | 5.9x |
| Mon, 06 May 2024 | د.ك26.0b | د.ك4.4b | د.ك1.4b | 18.6x | 18.3x | 5.9x |
| Wed, 03 Apr 2024 | د.ك26.9b | د.ك4.3b | د.ك1.4b | 19x | 19.2x | 6.2x |
| Fri, 01 Mar 2024 | د.ك27.4b | د.ك4.3b | د.ك1.5b | 18.2x | 18.1x | 6.4x |
| Sun, 28 Jan 2024 | د.ك26.9b | د.ك4.4b | د.ك1.5b | 19.7x | 17.4x | 6.2x |
| Tue, 26 Dec 2023 | د.ك24.8b | د.ك4.4b | د.ك1.5b | 17.9x | 16x | 5.7x |
| Thu, 23 Nov 2023 | د.ك24.2b | د.ك4.3b | د.ك1.5b | 17.7x | 16x | 5.6x |
| Sat, 21 Oct 2023 | د.ك24.7b | د.ك4.2b | د.ك1.5b | 17.4x | 16.1x | 5.9x |
| Mon, 18 Sep 2023 | د.ك25.7b | د.ك4.0b | د.ك1.4b | 19.4x | 18.1x | 6.4x |
| Wed, 16 Aug 2023 | د.ك26.1b | د.ك4.0b | د.ك1.4b | 20x | 18.4x | 6.5x |
18.4x
Which industries have driven the changes within the Kuwaiti Financials industry?
| KW Market | 1.25% | |
| Financials | 1.01% | |
| Banks | 0.47% | |
| Diversified Banks | 0.47% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NBK National Bank of KuwaitK.P | د.ك0.86 | 0.7% +د.ك55.1m | -13.2% | PB1.6x | |
| BOUBYAN Boubyan Bank K.S.C.P | د.ك0.65 | 1.6% +د.ك47.2m | 0.4% | PB2.7x | |
| GBK Gulf Bank K.S.C.P | د.ك0.36 | 1.4% +د.ك20.9m | 10.6% | PB1.8x | |
| KFH Kuwait Finance House K.S.C.P | د.ك0.79 | 0.1% +د.ك19.2m | 4.2% | PB2.4x | |
| BURG Burgan Bank K.P.S.C | د.ك0.19 | 1.6% +د.ك11.7m | -22.6% | PB0.7x |