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Sri Lankan (CSE) Diversified Banks Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies12
  • 7D3.9%
  • 3M20.1%
  • 1Y67.6%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 3.9%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 68%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Sri Lankan Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Apr 2024LK₨538.4bLK₨423.6bLK₨98.5b5.7x5.5x1.3x
Tue, 12 Mar 2024LK₨454.8bLK₨423.6bLK₨98.5b4.8x4.6x1.1x
Thu, 08 Feb 2024LK₨441.6bLK₨394.6bLK₨104.9b4.2x4.2x1.1x
Sat, 06 Jan 2024LK₨446.4bLK₨390.6bLK₨104.1b4.1x4.3x1.1x
Mon, 04 Dec 2023LK₨444.9bLK₨390.6bLK₨104.1b4.2x4.3x1.1x
Wed, 01 Nov 2023LK₨420.5bLK₨342.9bLK₨86.5b5.3x4.9x1.2x
Fri, 29 Sep 2023LK₨453.3bLK₨341.9bLK₨86.3b5.7x5.3x1.3x
Sun, 27 Aug 2023LK₨460.0bLK₨341.9bLK₨86.3b6x5.3x1.3x
Tue, 25 Jul 2023LK₨446.2bLK₨297.4bLK₨70.1b7.2x6.4x1.5x
Thu, 22 Jun 2023LK₨328.4bLK₨297.4bLK₨70.1b4.8x4.7x1.1x
Sat, 20 May 2023LK₨287.5bLK₨288.0bLK₨67.9b4.4x4.2x1x
Mon, 17 Apr 2023LK₨308.3bLK₨287.3bLK₨74.2b4.6x4.2x1.1x
Wed, 15 Mar 2023LK₨320.4bLK₨287.4bLK₨74.2b4.6x4.3x1.1x
Fri, 10 Feb 2023LK₨265.1bLK₨282.5bLK₨66.0b4.3x4x0.9x
Sun, 08 Jan 2023LK₨217.2bLK₨282.5bLK₨66.0b3.5x3.3x0.8x
Tue, 06 Dec 2022LK₨230.7bLK₨282.5bLK₨66.0b3.9x3.5x0.8x
Thu, 03 Nov 2022LK₨223.4bLK₨280.6bLK₨70.5b3.1x3.2x0.8x
Sat, 01 Oct 2022LK₨250.0bLK₨280.6bLK₨70.5b3.6x3.5x0.9x
Mon, 29 Aug 2022LK₨219.5bLK₨280.6bLK₨70.5b3.1x3.1x0.8x
Wed, 27 Jul 2022LK₨217.9bLK₨290.2bLK₨85.4b2.7x2.6x0.8x
Fri, 24 Jun 2022LK₨215.4bLK₨290.2bLK₨85.4b2.8x2.5x0.7x
Sun, 22 May 2022LK₨235.5bLK₨290.2bLK₨85.5b3.3x2.8x0.8x
Tue, 19 Apr 2022LK₨255.0bLK₨283.4bLK₨83.5b3.4x3.1x0.9x
Thu, 17 Mar 2022LK₨323.1bLK₨283.4bLK₨83.6b4x3.9x1.1x
Sat, 12 Feb 2022LK₨344.2bLK₨280.1bLK₨81.6b4.6x4.2x1.2x
Mon, 10 Jan 2022LK₨346.5bLK₨280.1bLK₨81.6b4.7x4.2x1.2x
Wed, 08 Dec 2021LK₨357.9bLK₨280.1bLK₨81.6b4.7x4.4x1.3x
Fri, 05 Nov 2021LK₨383.7bLK₨271.5bLK₨76.8b5.2x5x1.4x
Sun, 03 Oct 2021LK₨356.3bLK₨268.8bLK₨75.2b5x4.7x1.3x
Tue, 31 Aug 2021LK₨357.0bLK₨268.8bLK₨75.2b5x4.7x1.3x
Wed, 07 Jul 2021LK₨353.4bLK₨268.8bLK₨75.2b4.8x4.7x1.3x
Price to Earnings Ratio

4.8x


Total Market Cap: LK₨324.8bTotal Earnings: LK₨67.7bTotal Revenue: LK₨254.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Diversified Banks Industry Price to Earnings3Y Average 4.2x202220232024
Current Industry PE
  • Investors are optimistic on the Sri Lankan Diversified Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 5.5x which is higher than its 3-year average PE of 4.2x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Sri Lankan Diversified Banks compare with similar industries?

LK Market2.01%
Financials3.19%
Banks3.94%
Diversified Banks3.94%
Regional Banks0%
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?

CompanyLast Price7D1YValuation
COMB.N0000 Commercial Bank of CeylonLK₨111.505.9%
+LK₨8.4b
80.3%PB0.7x
SAMP.N0000 Sampath BankLK₨81.003.8%
+LK₨3.5b
56.1%PB0.6x
HNB.N0000 Hatton National BankLK₨203.501.8%
+LK₨2.0b
66.2%PB0.5x
NDB.N0000 National Development BankLK₨78.205.7%
+LK₨1.7b
91.2%PB0.4x
SEYB.N0000 Seylan BankLK₨54.106.1%
+LK₨1.7b
63.9%PB0.5x
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Latest News

ABL.N0000

LK₨2.40

Amãna Bank

7D

4.3%

1Y

-7.3%

HNB.N0000

LK₨203.50

Hatton National Bank

7D

1.8%

1Y

66.2%

NDB.N0000

LK₨78.20

National Development Bank

7D

5.7%

1Y

91.2%

SAMP.N0000

LK₨81.00

Sampath Bank

7D

3.8%

1Y

56.1%

SEYB.N0000

LK₨54.10

Seylan Bank

7D

6.1%

1Y

63.9%

COMB.N0000

LK₨111.50

Commercial Bank of Ceylon

7D

5.9%

1Y

80.3%

NTB.N0000

LK₨116.25

Nations Trust Bank

7D

2.2%

1Y

91.4%

DFCC.N0000

LK₨83.00

DFCC Bank

7D

2.1%

1Y

93.0%