New Narrative • Apr 27

Over the last 7 days, the Banks industry has dropped 1.7%, driven by a pullback from Bank Muscat SAOG of 3.8%. On the other hand Ahli Bank SAOG is actually up 5.9%. In the past year, the industry has gained 60%. As for the next few years, earnings are expected to grow by 8.2% per annum.
Has the Omani Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 10 May 2026 | ر.ع7.6b | ر.ع1.3b | ر.ع511.3m | 15.7x | 14.9x | 5.6x |
| Tue, 07 Apr 2026 | ر.ع7.6b | ر.ع1.3b | ر.ع498.7m | 15.5x | 15.2x | 5.8x |
| Thu, 05 Mar 2026 | ر.ع7.2b | ر.ع1.3b | ر.ع499.6m | 15.2x | 14.3x | 5.4x |
| Sat, 31 Jan 2026 | ر.ع6.1b | ر.ع1.3b | ر.ع513.4m | 12x | 12x | 4.7x |
| Mon, 29 Dec 2025 | ر.ع5.8b | ر.ع1.3b | ر.ع465.4m | 12.9x | 12.5x | 4.6x |
| Wed, 26 Nov 2025 | ر.ع5.5b | ر.ع1.3b | ر.ع465.4m | 12.4x | 11.8x | 4.3x |
| Fri, 24 Oct 2025 | ر.ع5.5b | ر.ع1.3b | ر.ع457.6m | 12.5x | 12.1x | 4.4x |
| Sun, 21 Sep 2025 | ر.ع5.2b | ر.ع1.2b | ر.ع458.1m | 11.2x | 11.3x | 4.2x |
| Tue, 19 Aug 2025 | ر.ع5.0b | ر.ع1.2b | ر.ع458.1m | 11.6x | 11x | 4x |
| Thu, 17 Jul 2025 | ر.ع4.7b | ر.ع1.2b | ر.ع447.1m | 11.4x | 10.5x | 3.8x |
| Sat, 14 Jun 2025 | ر.ع4.7b | ر.ع1.2b | ر.ع449.4m | 11.9x | 10.5x | 3.9x |
| Mon, 12 May 2025 | ر.ع4.6b | ر.ع1.2b | ر.ع449.4m | 12x | 10.3x | 3.8x |
| Wed, 09 Apr 2025 | ر.ع4.5b | ر.ع1.2b | ر.ع439.3m | 12.3x | 10.3x | 3.8x |
| Fri, 07 Mar 2025 | ر.ع4.5b | ر.ع1.2b | ر.ع439.6m | 11.5x | 10.3x | 3.8x |
| Sun, 02 Feb 2025 | ر.ع4.7b | ر.ع1.2b | ر.ع451.8m | 10.6x | 10.3x | 3.9x |
| Tue, 31 Dec 2024 | ر.ع4.6b | ر.ع1.1b | ر.ع337.7m | 13.2x | 13.5x | 4.2x |
| Thu, 28 Nov 2024 | ر.ع4.6b | ر.ع1.1b | ر.ع333.6m | 13.2x | 13.7x | 4.2x |
| Sat, 26 Oct 2024 | ر.ع4.7b | ر.ع1.1b | ر.ع332.3m | 13.2x | 14x | 4.3x |
| Mon, 23 Sep 2024 | ر.ع4.5b | ر.ع1.1b | ر.ع327.4m | 13.6x | 13.7x | 4.2x |
| Wed, 21 Aug 2024 | ر.ع4.4b | ر.ع1.1b | ر.ع327.4m | 13.5x | 13.6x | 4.2x |
| Fri, 19 Jul 2024 | ر.ع4.4b | ر.ع1.0b | ر.ع322.6m | 13.5x | 13.6x | 4.2x |
| Sun, 16 Jun 2024 | ر.ع4.4b | ر.ع1.0b | ر.ع304.0m | 13.7x | 14.3x | 4.3x |
| Tue, 14 May 2024 | ر.ع4.5b | ر.ع1.0b | ر.ع304.0m | 14.1x | 14.7x | 4.4x |
| Thu, 11 Apr 2024 | ر.ع4.3b | ر.ع978.0m | ر.ع285.8m | 13.4x | 15.1x | 4.4x |
| Sat, 09 Mar 2024 | ر.ع4.3b | ر.ع1.1b | ر.ع384.0m | 14.1x | 11.2x | 4x |
| Mon, 05 Feb 2024 | ر.ع4.6b | ر.ع1.2b | ر.ع428.9m | 11.4x | 10.8x | 3.9x |
| Wed, 03 Jan 2024 | ر.ع4.6b | ر.ع1.1b | ر.ع395.3m | 13x | 11.8x | 4.1x |
| Fri, 01 Dec 2023 | ر.ع4.7b | ر.ع1.1b | ر.ع395.3m | 13.2x | 11.9x | 4.2x |
| Sun, 29 Oct 2023 | ر.ع4.4b | ر.ع1.1b | ر.ع373.0m | 13.1x | 11.9x | 4x |
| Tue, 26 Sep 2023 | ر.ع4.7b | ر.ع1.1b | ر.ع369.8m | 13.1x | 12.7x | 4.2x |
| Thu, 24 Aug 2023 | ر.ع4.8b | ر.ع1.1b | ر.ع375.0m | 13.2x | 12.7x | 4.3x |
| Sat, 22 Jul 2023 | ر.ع4.8b | ر.ع1.1b | ر.ع377.3m | 14.5x | 12.6x | 4.3x |
| Mon, 19 Jun 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع374.5m | 14.3x | 12.2x | 4.2x |
| Wed, 17 May 2023 | ر.ع4.6b | ر.ع1.1b | ر.ع371.5m | 13.9x | 12.3x | 4.2x |
12.3x
Which industries have driven the changes within the Omani Financials industry?
| OM Market | -0.41% | |
| Financials | -1.34% | |
| Banks | -1.66% | |
| Diversified Banks | -1.62% | |
| Regional Banks | -2.60% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ABOB Ahli Bank SAOG | ر.ع0.20 | 5.9% +ر.ع30.6m | 26.9% | PB0.9x | |
| NBOB National Bank of Oman SAOG | ر.ع0.42 | 3.5% +ر.ع22.8m | 41.7% | PB0.7x | |
| OAB Oman Arab Bank SAOG | ر.ع0.20 | 3.6% +ر.ع14.0m | 37.8% | PB0.6x |