Narrative Update • May 10

Over the last 7 days, the Diversified Banks industry has dropped 3.0%, driven by Bank Muscat SAOG declining 4.3%. Over the past 12 months, the industry was up 54%. Earnings are forecast to grow by 8.5% annually.
Has the Omani Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 14 May 2026 | ر.ع7.1b | ر.ع1.3b | ر.ع488.2m | 15.3x | 14.4x | 5.4x |
| Sat, 11 Apr 2026 | ر.ع7.2b | ر.ع1.3b | ر.ع479.6m | 15.3x | 15.1x | 5.7x |
| Mon, 09 Mar 2026 | ر.ع6.9b | ر.ع1.3b | ر.ع479.6m | 14.8x | 14.3x | 5.5x |
| Wed, 04 Feb 2026 | ر.ع5.9b | ر.ع1.3b | ر.ع479.6m | 13x | 12.3x | 4.7x |
| Fri, 02 Jan 2026 | ر.ع5.5b | ر.ع1.2b | ر.ع445.2m | 12.9x | 12.4x | 4.5x |
| Sun, 30 Nov 2025 | ر.ع5.3b | ر.ع1.2b | ر.ع445.2m | 12.8x | 11.8x | 4.3x |
| Tue, 28 Oct 2025 | ر.ع5.3b | ر.ع1.2b | ر.ع437.4m | 12.9x | 12.1x | 4.4x |
| Thu, 25 Sep 2025 | ر.ع4.9b | ر.ع1.2b | ر.ع439.0m | 11.3x | 11.2x | 4.1x |
| Sat, 23 Aug 2025 | ر.ع4.8b | ر.ع1.2b | ر.ع439.0m | 11.2x | 11x | 4.1x |
| Mon, 21 Jul 2025 | ر.ع4.6b | ر.ع1.2b | ر.ع429.6m | 11.2x | 10.6x | 3.9x |
| Wed, 18 Jun 2025 | ر.ع4.5b | ر.ع1.2b | ر.ع430.9m | 11.2x | 10.4x | 3.8x |
| Fri, 16 May 2025 | ر.ع4.5b | ر.ع1.2b | ر.ع430.9m | 11.1x | 10.4x | 3.8x |
| Sun, 13 Apr 2025 | ر.ع4.3b | ر.ع1.2b | ر.ع421.5m | 11.2x | 10.2x | 3.7x |
| Tue, 11 Mar 2025 | ر.ع4.3b | ر.ع1.2b | ر.ع421.5m | 10.6x | 10.2x | 3.7x |
| Thu, 06 Feb 2025 | ر.ع4.5b | ر.ع1.2b | ر.ع433.7m | 10.4x | 10.3x | 3.9x |
| Sat, 04 Jan 2025 | ر.ع4.4b | ر.ع1.0b | ر.ع320.0m | 16x | 13.8x | 4.2x |
| Mon, 02 Dec 2024 | ر.ع4.4b | ر.ع1.0b | ر.ع315.8m | 16.5x | 13.9x | 4.2x |
| Wed, 30 Oct 2024 | ر.ع4.4b | ر.ع1.0b | ر.ع310.7m | 16.5x | 14.1x | 4.2x |
| Fri, 27 Sep 2024 | ر.ع4.2b | ر.ع1.0b | ر.ع309.6m | 13.9x | 13.7x | 4.2x |
| Sun, 25 Aug 2024 | ر.ع4.2b | ر.ع1.0b | ر.ع309.6m | 13.8x | 13.5x | 4.1x |
| Tue, 23 Jul 2024 | ر.ع4.1b | ر.ع1.0b | ر.ع304.8m | 13.8x | 13.5x | 4.1x |
| Thu, 20 Jun 2024 | ر.ع4.1b | ر.ع967.6m | ر.ع286.6m | 13.8x | 14.4x | 4.3x |
| Sat, 18 May 2024 | ر.ع4.2b | ر.ع969.2m | ر.ع286.6m | 15.1x | 14.8x | 4.4x |
| Mon, 15 Apr 2024 | ر.ع4.1b | ر.ع930.5m | ر.ع268.8m | 14.9x | 15.3x | 4.4x |
| Wed, 13 Mar 2024 | ر.ع4.1b | ر.ع1.0b | ر.ع368.0m | 12.8x | 11.1x | 4x |
| Fri, 09 Feb 2024 | ر.ع4.0b | ر.ع1.0b | ر.ع368.0m | 12.7x | 11x | 3.9x |
| Sun, 07 Jan 2024 | ر.ع4.4b | ر.ع1.1b | ر.ع379.3m | 12.5x | 11.6x | 4.1x |
| Tue, 05 Dec 2023 | ر.ع4.5b | ر.ع1.1b | ر.ع379.3m | 12.8x | 11.9x | 4.2x |
| Thu, 02 Nov 2023 | ر.ع4.3b | ر.ع1.1b | ر.ع365.5m | 12.5x | 11.6x | 4x |
| Sat, 30 Sep 2023 | ر.ع4.5b | ر.ع1.1b | ر.ع353.9m | 12.5x | 12.6x | 4.2x |
| Mon, 28 Aug 2023 | ر.ع4.5b | ر.ع1.1b | ر.ع353.9m | 12.5x | 12.8x | 4.3x |
| Wed, 26 Jul 2023 | ر.ع4.5b | ر.ع1.0b | ر.ع367.6m | 14x | 12.4x | 4.3x |
| Fri, 23 Jun 2023 | ر.ع4.5b | ر.ع1.0b | ر.ع361.3m | 14.8x | 12.3x | 4.2x |
| Sun, 21 May 2023 | ر.ع4.4b | ر.ع1.0b | ر.ع356.3m | 14.3x | 12.3x | 4.2x |
12.3x
How does Omani Diversified Banks compare with similar industries?
| OM Market | -1.99% | |
| Financials | -2.81% | |
| Banks | -2.85% | |
| Diversified Banks | -2.98% | |
| Regional Banks | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NBOB National Bank of Oman SAOG | ر.ع0.44 | 4.5% +ر.ع30.9m | 48.1% | PB0.7x |