Malaysian (KLSE) Diversified Banks Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies10
- 7D1.3%
- 3M3.3%
- 1Y11.2%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 1.6%, driven by gains from every company within the industry. This means that the industry has gained 12% over the past year. Looking forward, earnings are forecast to grow by 5.4% annually.
Industry Valuation and Performance
Has the Malaysian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | RM385.4b | RM87.3b | RM36.0b | 10.2x | 10.7x | 4.4x |
| Sun, 24 Mar 2024 | RM381.5b | RM87.3b | RM36.0b | 10.1x | 10.6x | 4.4x |
| Tue, 20 Feb 2024 | RM382.3b | RM89.1b | RM35.8b | 10.2x | 10.7x | 4.3x |
| Thu, 18 Jan 2024 | RM368.7b | RM88.6b | RM35.8b | 9.7x | 10.3x | 4.2x |
| Sat, 16 Dec 2023 | RM365.5b | RM88.6b | RM35.8b | 9.9x | 10.2x | 4.1x |
| Mon, 13 Nov 2023 | RM362.2b | RM88.1b | RM34.6b | 9.8x | 10.5x | 4.1x |
| Wed, 11 Oct 2023 | RM357.6b | RM88.1b | RM34.6b | 9.5x | 10.3x | 4.1x |
| Fri, 08 Sep 2023 | RM366.7b | RM88.1b | RM34.6b | 9.6x | 10.6x | 4.2x |
| Sun, 06 Aug 2023 | RM358.8b | RM86.8b | RM33.2b | 10x | 10.8x | 4.1x |
| Tue, 04 Jul 2023 | RM345.1b | RM86.8b | RM33.2b | 9.3x | 10.4x | 4x |
| Thu, 01 Jun 2023 | RM337.9b | RM86.4b | RM32.7b | 8.9x | 10.3x | 3.9x |
| Sat, 29 Apr 2023 | RM345.2b | RM86.2b | RM32.2b | 9.5x | 10.7x | 4x |
| Mon, 27 Mar 2023 | RM343.4b | RM86.2b | RM32.2b | 10x | 10.7x | 4x |
| Wed, 22 Feb 2023 | RM357.2b | RM82.9b | RM30.6b | 11.7x | 11.7x | 4.3x |
| Fri, 20 Jan 2023 | RM367.4b | RM82.9b | RM30.6b | 12.2x | 12x | 4.4x |
| Sun, 18 Dec 2022 | RM369.4b | RM82.9b | RM30.6b | 12.4x | 12.1x | 4.5x |
| Tue, 15 Nov 2022 | RM363.9b | RM79.4b | RM28.1b | 11.2x | 12.9x | 4.6x |
| Thu, 13 Oct 2022 | RM353.7b | RM79.4b | RM28.1b | 11x | 12.6x | 4.5x |
| Sat, 10 Sep 2022 | RM373.8b | RM79.4b | RM28.1b | 11.4x | 13.3x | 4.7x |
| Mon, 08 Aug 2022 | RM369.3b | RM77.5b | RM27.7b | 10.9x | 13.3x | 4.8x |
| Wed, 06 Jul 2022 | RM356.3b | RM77.5b | RM27.7b | 10.6x | 12.9x | 4.6x |
| Fri, 03 Jun 2022 | RM370.4b | RM77.4b | RM27.7b | 11.4x | 13.4x | 4.8x |
| Sun, 01 May 2022 | RM373.7b | RM77.5b | RM24.1b | 11.7x | 15.5x | 4.8x |
| Tue, 29 Mar 2022 | RM368.4b | RM77.5b | RM24.1b | 11.8x | 15.3x | 4.8x |
| Thu, 24 Feb 2022 | RM358.0b | RM74.5b | RM22.1b | 12.2x | 16.2x | 4.8x |
| Sat, 22 Jan 2022 | RM344.7b | RM74.5b | RM22.1b | 13x | 15.6x | 4.6x |
| Mon, 20 Dec 2021 | RM333.8b | RM74.5b | RM22.1b | 11.4x | 15.1x | 4.5x |
| Wed, 17 Nov 2021 | RM329.2b | RM72.9b | RM22.2b | 12.3x | 14.8x | 4.5x |
| Fri, 15 Oct 2021 | RM337.7b | RM73.8b | RM22.3b | 12.3x | 15.2x | 4.6x |
| Sun, 12 Sep 2021 | RM333.1b | RM73.8b | RM22.3b | 12.3x | 14.9x | 4.5x |
| Tue, 10 Aug 2021 | RM318.1b | RM73.8b | RM22.3b | 11.5x | 14.3x | 4.3x |
| Mon, 03 May 2021 | RM317.8b | RM69.0b | RM19.3b | 13.3x | 16.5x | 4.6x |
Price to Earnings Ratio
16.5x
Current Industry PE
- Investors are pessimistic on the Malaysian 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 10.7x which is lower than its 3-year average PE of 12.8x.
- The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 8.1% 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 Malaysian Diversified Banks compare with similar industries?
| MY Market | 1.41% | |
| Financials | 1.32% | |
| Banks | 1.36% | |
| Diversified Banks | 1.33% | |
| Regional Banks | 2.61% | |
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 | |
|---|---|---|---|---|---|
| PBBANK Public Bank Berhad | RM4.23 | 2.2% +RM1.7b | 8.7% | PB1.5x | |
| MAYBANK Malayan Banking Berhad | RM9.78 | 1.1% +RM1.3b | 12.4% | PB1.2x | |
| CIMB CIMB Group Holdings Berhad | RM6.68 | 1.4% +RM960.8m | 31.8% | PB1x | |
| HLFG Hong Leong Financial Group Berhad | RM16.76 | 1.7% +RM317.6m | -7.9% | PB0.7x | |
| AMBANK AMMB Holdings Berhad | RM4.23 | 1.4% +RM198.4m | 16.2% | PB0.7x |