Kuwaiti (PR) Diversified Banks Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies10
- 7D0.7%
- 3M-1.1%
- 1Y-2.5%
- YTDn/a
The Diversified Banks industry has stayed flat over the last week. As for the longer term, the industry has declined 3.3% in the last year. Looking forward, earnings are forecast to grow by 7.9% annually.
Industry Valuation and Performance
Has the Kuwaiti Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | د.ك26.2b | د.ك4.3b | د.ك1.4b | 18.1x | 18.7x | 6.1x |
| Thu, 21 Mar 2024 | د.ك26.9b | د.ك4.3b | د.ك1.5b | 20x | 18.1x | 6.3x |
| Sat, 17 Feb 2024 | د.ك26.7b | د.ك4.3b | د.ك1.5b | 19.8x | 17.4x | 6.2x |
| Mon, 15 Jan 2024 | د.ك26.3b | د.ك4.4b | د.ك1.5b | 19.1x | 17x | 6x |
| Wed, 13 Dec 2023 | د.ك24.7b | د.ك4.4b | د.ك1.5b | 18.2x | 16x | 5.7x |
| Fri, 10 Nov 2023 | د.ك24.1b | د.ك4.2b | د.ك1.5b | 17.1x | 15.9x | 5.7x |
| Sun, 08 Oct 2023 | د.ك24.8b | د.ك4.0b | د.ك1.4b | 19.4x | 17.5x | 6.2x |
| Tue, 05 Sep 2023 | د.ك25.4b | د.ك4.0b | د.ك1.4b | 19.7x | 17.9x | 6.3x |
| Thu, 03 Aug 2023 | د.ك26.3b | د.ك3.9b | د.ك1.4b | 20.6x | 18.8x | 6.7x |
| Sat, 01 Jul 2023 | د.ك25.7b | د.ك3.7b | د.ك1.3b | 19.7x | 20.2x | 6.9x |
| Mon, 29 May 2023 | د.ك25.1b | د.ك3.7b | د.ك1.3b | 20.4x | 19.7x | 6.7x |
| Wed, 26 Apr 2023 | د.ك26.7b | د.ك3.5b | د.ك1.2b | 21.2x | 22.7x | 7.7x |
| Fri, 24 Mar 2023 | د.ك26.5b | د.ك3.4b | د.ك1.1b | 22.1x | 23.4x | 7.8x |
| Sun, 19 Feb 2023 | د.ك28.2b | د.ك3.4b | د.ك1.1b | 22.6x | 25.3x | 8.4x |
| Tue, 17 Jan 2023 | د.ك26.9b | د.ك3.1b | د.ك1.0b | 23.3x | 26.7x | 8.6x |
| Thu, 15 Dec 2022 | د.ك27.4b | د.ك3.1b | د.ك1.0b | 23.5x | 27.2x | 8.8x |
| Sat, 12 Nov 2022 | د.ك27.9b | د.ك3.2b | د.ك1.0b | 24.4x | 26.8x | 8.8x |
| Mon, 10 Oct 2022 | د.ك23.1b | د.ك3.0b | د.ك989.3m | 23.7x | 23.4x | 7.7x |
| Wed, 07 Sep 2022 | د.ك24.3b | د.ك3.0b | د.ك989.3m | 25.6x | 24.6x | 8.1x |
| Fri, 05 Aug 2022 | د.ك24.6b | د.ك3.0b | د.ك984.8m | 26x | 25x | 8.3x |
| Sun, 03 Jul 2022 | د.ك23.8b | د.ك2.8b | د.ك916.9m | 26x | 26x | 8.4x |
| Tue, 31 May 2022 | د.ك24.5b | د.ك2.8b | د.ك916.9m | 26.6x | 26.7x | 8.7x |
| Thu, 28 Apr 2022 | د.ك25.8b | د.ك2.8b | د.ك875.9m | 26.2x | 29.5x | 9.3x |
| Sat, 26 Mar 2022 | د.ك25.3b | د.ك2.7b | د.ك822.3m | 28.2x | 30.8x | 9.3x |
| Mon, 21 Feb 2022 | د.ك23.2b | د.ك2.7b | د.ك783.7m | n/a | 29.7x | 8.7x |
| Wed, 19 Jan 2022 | د.ك22.9b | د.ك2.5b | د.ك661.5m | 26.7x | 34.6x | 9.3x |
| Fri, 17 Dec 2021 | د.ك21.0b | د.ك2.5b | د.ك661.5m | 25.5x | 31.8x | 8.5x |
| Sun, 14 Nov 2021 | د.ك22.0b | د.ك2.5b | د.ك661.5m | 24.9x | 33.2x | 8.9x |
| Tue, 12 Oct 2021 | د.ك20.3b | د.ك2.3b | د.ك562.5m | 25.4x | 36x | 8.8x |
| Thu, 09 Sep 2021 | د.ك20.5b | د.ك2.3b | د.ك562.5m | 25.4x | 36.4x | 8.9x |
| Sat, 07 Aug 2021 | د.ك19.6b | د.ك2.3b | د.ك562.5m | 23.9x | 34.9x | 8.5x |
| Fri, 30 Apr 2021 | د.ك18.2b | د.ك2.0b | د.ك363.3m | 37.4x | 50x | 8.9x |
Price to Earnings Ratio
50x
Current Industry PE
- Investors are pessimistic on the Kuwaiti Diversified 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 18.5x which is lower than its 3-year average PE of 26.6x.
- The 3-year average PS ratio of 7.9x is higher than the industry's current PS ratio of 6.0x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 57% per year over the last three years.
- Revenues for these companies have grown 28% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Kuwaiti Diversified Banks compare with similar industries?
| KW Market | -0.87% | |
| Financials | 0.54% | |
| Banks | 0.66% | |
| Diversified Banks | 0.66% | |
| Regional Banks | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KFH Kuwait Finance House K.S.C.P | د.ك0.73 | 2.2% +د.ك265.8m | 7.0% | PB2.1x | |
| NBK National Bank of KuwaitK.P | د.ك0.87 | 0.9% +د.ك66.6m | -8.5% | PB1.7x | |
| KPROJ Kuwait Projects Company Holding K.S.C.P | د.ك0.13 | 10.2% +د.ك54.5m | -2.3% | PB0.7x | |
| BOUBYAN Boubyan Bank K.S.C.P | د.ك0.59 | 1.9% +د.ك45.2m | -9.5% | PB2.5x | |
| WARBABANK Warba Bank K.S.C.P | د.ك0.18 | 4.0% +د.ك14.4m | -19.7% | PB1x |