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Filipino (PSEi) Financials Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies37
- 7D-3.9%
- 3M-6.2%
- 1Y15.5%
- YTD14.5%
Over the last 7 days, the Financials industry has dropped 3.9%, driven by Bank of the Philippine Islands declining 8.0%. Over the past 12 months, the industry was up 16%. Looking forward, earnings are forecast to grow by 9.9% annually.
Sector Valuation and Performance
Has the Filipino Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₱2.5t | ₱934.5b | ₱293.0b | 9.6x | 8.4x | 2.6x |
| Mon, 18 Nov 2024 | ₱2.5t | ₱935.3b | ₱293.3b | 9.4x | 8.6x | 2.7x |
| Wed, 16 Oct 2024 | ₱2.7t | ₱901.4b | ₱278.0b | 11x | 9.8x | 3x |
| Fri, 13 Sep 2024 | ₱2.5t | ₱901.4b | ₱278.0b | 10.9x | 8.9x | 2.8x |
| Sun, 11 Aug 2024 | ₱2.3t | ₱888.4b | ₱273.6b | 8.9x | 8.5x | 2.6x |
| Tue, 09 Jul 2024 | ₱2.3t | ₱876.0b | ₱270.7b | 9.4x | 8.7x | 2.7x |
| Thu, 06 Jun 2024 | ₱2.3t | ₱876.1b | ₱270.7b | 9.8x | 8.4x | 2.6x |
| Sat, 04 May 2024 | ₱2.4t | ₱870.2b | ₱271.3b | 8.9x | 8.8x | 2.7x |
| Mon, 01 Apr 2024 | ₱2.4t | ₱848.8b | ₱262.4b | 9x | 9x | 2.8x |
| Wed, 28 Feb 2024 | ₱2.3t | ₱836.9b | ₱260.7b | 8.5x | 8.9x | 2.8x |
| Fri, 26 Jan 2024 | ₱2.4t | ₱866.4b | ₱260.8b | 10.7x | 9.2x | 2.8x |
| Sun, 24 Dec 2023 | ₱2.2t | ₱866.6b | ₱260.6b | 9.7x | 8.5x | 2.6x |
| Tue, 21 Nov 2023 | ₱2.2t | ₱865.7b | ₱260.1b | 9.7x | 8.5x | 2.6x |
| Thu, 19 Oct 2023 | ₱2.3t | ₱834.5b | ₱249.9b | 10.4x | 9.1x | 2.7x |
| Sat, 16 Sep 2023 | ₱2.3t | ₱834.5b | ₱249.9b | 10x | 9.1x | 2.7x |
| Mon, 14 Aug 2023 | ₱2.4t | ₱827.1b | ₱237.5b | 11.9x | 10.1x | 2.9x |
| Wed, 12 Jul 2023 | ₱2.3t | ₱810.5b | ₱232.4b | 12.3x | 10x | 2.9x |
| Fri, 09 Jun 2023 | ₱2.3t | ₱810.2b | ₱232.2b | 12x | 9.8x | 2.8x |
| Sun, 07 May 2023 | ₱2.3t | ₱787.1b | ₱221.7b | 12.9x | 10.5x | 3x |
| Tue, 04 Apr 2023 | ₱2.3t | ₱763.1b | ₱225.2b | 11x | 10.1x | 3x |
| Thu, 02 Mar 2023 | ₱2.3t | ₱738.9b | ₱216.8b | 11.9x | 10.5x | 3.1x |
| Sat, 28 Jan 2023 | ₱2.3t | ₱738.9b | ₱216.8b | 12.1x | 10.5x | 3.1x |
| Mon, 26 Dec 2022 | ₱2.0t | ₱738.9b | ₱216.8b | 10.1x | 9.4x | 2.7x |
| Wed, 23 Nov 2022 | ₱2.0t | ₱739.0b | ₱216.8b | 10.5x | 9.3x | 2.7x |
| Fri, 21 Oct 2022 | ₱1.9t | ₱704.2b | ₱198.4b | 11.5x | 9.8x | 2.8x |
| Sun, 18 Sep 2022 | ₱2.0t | ₱704.0b | ₱198.4b | 11.8x | 10.2x | 2.9x |
| Tue, 16 Aug 2022 | ₱2.0t | ₱712.6b | ₱210.1b | 12.1x | 9.5x | 2.8x |
| Thu, 14 Jul 2022 | ₱1.9t | ₱683.6b | ₱194.5b | 12.5x | 9.8x | 2.8x |
| Sat, 11 Jun 2022 | ₱2.0t | ₱683.6b | ₱194.5b | 12.7x | 10.5x | 3x |
| Mon, 09 May 2022 | ₱2.0t | ₱676.2b | ₱187.0b | 13.8x | 10.6x | 2.9x |
| Wed, 06 Apr 2022 | ₱2.1t | ₱670.7b | ₱179.9b | 13.8x | 11.7x | 3.1x |
| Fri, 04 Mar 2022 | ₱2.1t | ₱637.1b | ₱167.4b | 14.5x | 12.5x | 3.3x |
| Sun, 30 Jan 2022 | ₱2.1t | ₱635.3b | ₱167.5b | 13.9x | 12.3x | 3.3x |
| Tue, 28 Dec 2021 | ₱2.0t | ₱635.3b | ₱167.5b | 14.3x | 12.1x | 3.2x |
Price to Earnings Ratio
12.1x
Current Industry PE
- Investors are pessimistic on the Filipino Financials 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 8.4x which is lower than its 3-year average PE of 9.7x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Filipino Financials sector?
| PH Market | -2.08% | |
| Financials | -3.87% | |
| Consumer Finance | 4.60% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -0.72% | |
| Insurance | -1.43% | |
| Banks | -3.87% | |
| Diversified Financial | -8.99% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 15.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance industry, which is trading below its 3-year average of 3.6x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 9.9% over the next 5 years.
- However this is lower than its past earnings growth rate of 17% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 9.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PTC Philippine Trust | ₱95.00 | 4.4% +₱4.0b | -17.3% | PB4.1x | |
| RCB Rizal Commercial Banking | ₱24.95 | 4.6% +₱2.7b | 18.2% | PB0.4x | |
| PNB Philippine National Bank | ₱26.40 | 1.5% +₱610.3m | 43.5% | PB0.2x | |
| SECB Security Bank | ₱87.50 | 0.7% +₱452.1m | 22.1% | PB0.5x | |
| V Vantage Equities | ₱0.77 | 11.6% +₱336.0m | 0% | PE3.9x |