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Latvian (OMX) Financials Sector Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies2
  • 7D-2.3%
  • 3M0.8%
  • 1Y-6.4%
  • YTD-7.8%

Over the last 7 days, the Financials industry has dropped 2.3%, driven by IPAS Indexo declining 4.0%. However, the industry is down 6.4% over the past year.

Sector Valuation and Performance

Has the Latvian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025€155.2m€47.9m€350.5k7.5x442.8x3.2x
Sat, 22 Nov 2025€112.3m€47.9m€350.5k7.3x320.5x2.3x
Mon, 20 Oct 2025€112.3m€46.2m-€169,548.007.7x-662.6x2.4x
Wed, 17 Sep 2025€112.0m€46.2m-€169,548.007.7x-660.3x2.4x
Fri, 15 Aug 2025€109.8m€46.2m-€169,548.007.7x-647.6x2.4x
Sun, 13 Jul 2025€99.4m€43.5m€1.0m7.3x97.5x2.3x
Tue, 10 Jun 2025€100.8m€43.5m€1.0m7.2x98.8x2.3x
Thu, 08 May 2025€112.9m€41.4m€1.9m7.2x59.6x2.7x
Sat, 05 Apr 2025€101.6m€41.4m€2.0m7x50.2x2.5x
Mon, 03 Mar 2025€102.9m€41.0m€3.0m7.1x33.9x2.5x
Wed, 29 Jan 2025€102.2m€39.5m€2.3m7.4x44.4x2.6x
Fri, 27 Dec 2024€104.8m€39.5m€2.3m7.4x45.5x2.7x
Sun, 24 Nov 2024€106.2m€39.5m€2.3m7.3x46.1x2.7x
Tue, 22 Oct 2024€107.6m€37.6m€3.3m7.2x32.7x2.9x
Thu, 19 Sep 2024€106.1m€37.6m€3.3m6.8x32.3x2.8x
Sat, 17 Aug 2024€109.6m€37.6m€3.3m7.1x33.3x2.9x
Mon, 15 Jul 2024€110.6m€35.8m€3.5m7.4x32x3.1x
Wed, 12 Jun 2024€110.2m€35.8m€3.5m7.6x31.9x3.1x
Fri, 10 May 2024€109.8m€34.3m€3.7m8.3x29.4x3.2x
Sun, 07 Apr 2024€111.0m€34.3m€3.7m8.4x29.8x3.2x
Tue, 05 Mar 2024€112.9m€32.7m€4.1m8.2x27.4x3.5x
Thu, 01 Feb 2024€104.0m€32.4m€4.5m8.3x23.1x3.2x
Sat, 30 Dec 2023€106.8m€32.4m€4.5m8.4x23.7x3.3x
Mon, 27 Nov 2023€109.7m€32.4m€4.5m8.5x24.4x3.4x
Wed, 25 Oct 2023€105.9m€30.6m€4.6m8.3x23.1x3.5x
Fri, 22 Sep 2023€110.3m€30.6m€4.6m8.9x24.1x3.6x
Sun, 20 Aug 2023€110.5m€30.6m€4.6m9x24.1x3.6x
Tue, 18 Jul 2023€111.8m€29.0m€4.4m10x25.4x3.9x
Thu, 15 Jun 2023€114.1m€29.0m€4.4m10.1x25.9x3.9x
Sat, 13 May 2023€52.6m€2.4m-€1,774,647.0011.5x-29.7x21.7x
Mon, 10 Apr 2023€52.1m€2.3m-€1,271,803.0011.6x-41x22.9x
Wed, 08 Mar 2023€123.1m€28.3m€4.7m11.5x26.1x4.4x
Fri, 03 Feb 2023€121.9m€28.2m€4.9m11.5x24.7x4.3x
Sun, 01 Jan 2023€118.6m€28.2m€4.9m11.4x24x4.2x
Price to Earnings Ratio

24x


Total Market Cap: €118.6mTotal Earnings: €4.9mTotal Revenue: €28.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Latvian Financials Sector Price to Earnings3Y Average -10.4x202320242025
Current Industry PE
    There are only 2 companies in the Latvian Financials industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 59% per year over the last three years.
  • Meanwhile revenues for these companies have grown 19% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Latvian Financials sector?

LV Market-0.99%
Financials-2.29%
Consumer Finance0.62%
Capital Markets-4.01%
Industry PE
  • Investors are most optimistic about the Consumer Finance industry, which is trading close to its 3-year average PE ratio of 7.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DGR1R DelfinGroup€1.310.6%
+€363.6k
20.4%PE7.5x

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