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Sri Lankan (CSE) Diversified Banks Industry Analysis

UpdatedMar 27, 2024
DataAggregated Company Financials
Companies12
  • 7D2.3%
  • 3M4.4%
  • 1Y51.6%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has remained flat. As for the the longer term, the industry is up 45% over the past 12 months. 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
Wed, 27 Mar 2024LK₨473.6bLK₨423.6bLK₨98.5b5x4.8x1.1x
Fri, 23 Feb 2024LK₨441.0bLK₨413.0bLK₨100.4b4.6x4.4x1.1x
Sun, 21 Jan 2024LK₨432.1bLK₨394.6bLK₨104.9b4x4.1x1.1x
Tue, 19 Dec 2023LK₨443.2bLK₨390.6bLK₨104.1b4.1x4.3x1.1x
Thu, 16 Nov 2023LK₨433.8bLK₨374.7bLK₨99.2b4.2x4.4x1.2x
Sat, 14 Oct 2023LK₨423.2bLK₨341.9bLK₨86.3b5.2x4.9x1.2x
Mon, 11 Sep 2023LK₨470.4bLK₨341.9bLK₨86.3b5.9x5.5x1.4x
Wed, 09 Aug 2023LK₨506.3bLK₨299.3bLK₨70.8b7.8x7.2x1.7x
Fri, 07 Jul 2023LK₨383.9bLK₨297.4bLK₨70.1b5.6x5.5x1.3x
Sun, 04 Jun 2023LK₨291.5bLK₨297.4bLK₨70.1b4.3x4.2x1x
Tue, 02 May 2023LK₨284.6bLK₨288.8bLK₨74.2b4.2x3.8x1x
Thu, 30 Mar 2023LK₨306.5bLK₨287.4bLK₨74.2b4.4x4.1x1.1x
Sat, 25 Feb 2023LK₨297.0bLK₨287.5bLK₨69.3b4.5x4.3x1x
Mon, 23 Jan 2023LK₨232.8bLK₨282.5bLK₨66.0b3.9x3.5x0.8x
Wed, 21 Dec 2022LK₨224.4bLK₨282.5bLK₨66.0b3.9x3.4x0.8x
Fri, 18 Nov 2022LK₨216.2bLK₨285.9bLK₨69.6b3.1x3.1x0.8x
Sun, 16 Oct 2022LK₨232.0bLK₨280.6bLK₨70.5b3.2x3.3x0.8x
Tue, 13 Sep 2022LK₨224.8bLK₨280.6bLK₨70.5b3.2x3.2x0.8x
Thu, 11 Aug 2022LK₨224.8bLK₨289.8bLK₨84.9b2.7x2.6x0.8x
Sat, 09 Jul 2022LK₨202.2bLK₨290.2bLK₨85.4b2.5x2.4x0.7x
Mon, 06 Jun 2022LK₨224.8bLK₨290.2bLK₨85.4b3x2.6x0.8x
Wed, 04 May 2022LK₨234.7bLK₨283.2bLK₨84.4b3.1x2.8x0.8x
Fri, 01 Apr 2022LK₨278.2bLK₨283.4bLK₨83.6b3.5x3.3x1x
Sun, 27 Feb 2022LK₨339.1bLK₨281.9bLK₨83.2b4.7x4.1x1.2x
Tue, 25 Jan 2022LK₨363.4bLK₨280.1bLK₨81.6b4.9x4.5x1.3x
Thu, 23 Dec 2021LK₨340.9bLK₨280.1bLK₨81.6b4.5x4.2x1.2x
Sat, 20 Nov 2021LK₨368.8bLK₨279.7bLK₨81.3b4.7x4.5x1.3x
Mon, 18 Oct 2021LK₨370.5bLK₨268.8bLK₨75.2b5.3x4.9x1.4x
Wed, 15 Sep 2021LK₨352.9bLK₨268.8bLK₨75.2b4.9x4.7x1.3x
Fri, 13 Aug 2021LK₨341.5bLK₨268.8bLK₨75.2b4.8x4.5x1.3x
Tue, 08 Jun 2021LK₨351.4bLK₨254.1bLK₨67.7b5.2x5.2x1.4x
Price to Earnings Ratio

5x


Total Market Cap: LK₨337.0bTotal 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 4.7x which is higher than its 3-year average PE of 4.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
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 Market0.65%
Financials1.39%
Banks2.28%
Diversified Banks2.28%
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
HNB.N0000 Hatton National BankLK₨174.254.5%
+LK₨4.2b
46.5%PB0.5x
COMB.N0000 Commercial Bank of CeylonLK₨95.601.6%
+LK₨2.0b
54.5%PB0.6x
SEYB.N0000 Seylan BankLK₨47.005.1%
+LK₨1.2b
40.1%PB0.4x
SAMP.N0000 Sampath BankLK₨78.801.2%
+LK₨1.1b
58.3%PB0.6x
NDB.N0000 National Development BankLK₨65.002.4%
+LK₨643.7m
59.3%PB0.4x
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Latest News

SAMP.N0000

LK₨78.80

Sampath Bank

7D

1.2%

1Y

58.3%

PABC.N0000

LK₨20.60

Pan Asia Banking

7D

4.6%

1Y

68.9%

HNB.N0000

LK₨174.25

Hatton National Bank

7D

4.5%

1Y

46.5%

SEYB.N0000

LK₨47.00

Seylan Bank

7D

5.1%

1Y

40.1%

COMB.N0000

LK₨95.60

Commercial Bank of Ceylon

7D

1.6%

1Y

54.5%

NDB.N0000

LK₨65.00

National Development Bank

7D

2.4%

1Y

59.3%

UBC.N0000

LK₨9.10

Union Bank of Colombo

7D

-2.2%

1Y

2.2%

ABL.N0000

LK₨2.30

Amãna Bank

7D

4.5%

1Y

-7.8%

NTB.N0000

LK₨105.50

Nations Trust Bank

7D

1.7%

1Y

90.9%