Filipino (PSEi) Banks Industry Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies14
- 7D3.6%
- 3M2.1%
- 1Y4.3%
- YTD2.4%
Bank of the Philippine Islands is up 4.7%, leading the way for the Banks industry, which has gained 3.6%. In the last 12 months, the industry was up 4.3%. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Filipino Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | ₱1.8t | ₱668.5b | ₱201.0b | 6.1x | 9.2x | 2.8x |
| Tue, 25 Oct 2022 | ₱1.7t | ₱636.2b | ₱184.5b | 6x | 9.1x | 2.6x |
| Thu, 22 Sep 2022 | ₱1.7t | ₱636.1b | ₱184.5b | 6.5x | 9.4x | 2.7x |
| Sat, 20 Aug 2022 | ₱1.8t | ₱636.5b | ₱184.5b | 7x | 9.7x | 2.8x |
| Mon, 18 Jul 2022 | ₱1.7t | ₱617.2b | ₱180.4b | 7.2x | 9.3x | 2.7x |
| Wed, 15 Jun 2022 | ₱1.8t | ₱617.2b | ₱180.4b | 7.3x | 9.7x | 2.8x |
| Fri, 13 May 2022 | ₱1.7t | ₱611.5b | ₱174.7b | 10x | 10x | 2.9x |
| Sun, 10 Apr 2022 | ₱1.8t | ₱606.5b | ₱171.1b | 11x | 10.5x | 3x |
| Tue, 08 Mar 2022 | ₱1.8t | ₱574.4b | ₱156.5b | 11.2x | 11.5x | 3.1x |
| Thu, 03 Feb 2022 | ₱1.9t | ₱572.2b | ₱157.5b | 11.5x | 11.9x | 3.3x |
| Sat, 01 Jan 2022 | ₱1.8t | ₱572.2b | ₱157.5b | 11x | 11.1x | 3.1x |
| Mon, 29 Nov 2021 | ₱1.7t | ₱572.2b | ₱157.5b | 10.7x | 10.8x | 3x |
| Wed, 27 Oct 2021 | ₱1.7t | ₱564.2b | ₱155.5b | 8.7x | 10.8x | 3x |
| Fri, 24 Sep 2021 | ₱1.5t | ₱564.3b | ₱156.8b | 9x | 9.7x | 2.7x |
| Sun, 22 Aug 2021 | ₱1.5t | ₱564.3b | ₱156.8b | 9.8x | 9.7x | 2.7x |
| Fri, 09 Jul 2021 | ₱1.6t | ₱564.3b | ₱156.8b | 9.7x | 10.2x | 2.8x |
| Thu, 01 Apr 2021 | ₱1.5t | ₱517.5b | ₱116.5b | 11.2x | 12.7x | 2.9x |
| Sun, 03 Jan 2021 | ₱1.6t | ₱510.4b | ₱114.2b | 8.8x | 13.8x | 3.1x |
| Wed, 07 Oct 2020 | ₱1.3t | ₱534.0b | ₱132.6b | 5.1x | 9.5x | 2.4x |
| Tue, 30 Jun 2020 | ₱1.3t | ₱553.0b | ₱143.2b | 5.5x | 9.4x | 2.4x |
| Fri, 03 Apr 2020 | ₱1.3t | ₱577.1b | ₱164.0b | 5.2x | 8.1x | 2.3x |
| Mon, 06 Jan 2020 | ₱2.0t | ₱568.7b | ₱163.7b | 7.7x | 12x | 3.5x |
Price to Earnings Ratio
12.6x
Current Industry PE
- Investors are pessimistic on the Filipino 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 9.2x which is lower than its 3-year average PE of 10.6x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 9.3% per year over the last three years.
- Revenues for these companies have grown 6.7% 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 industry?
| PH Market | 1.67% | |
| Financials | 3.37% | |
| Banks | 3.59% | |
| Diversified Banks | 3.63% | |
| Regional Banks | 0.58% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 10.7x.
- Analysts are expecting annual earnings growth of 14.5%, which is lower than the prior year's growth of 61.4% per year.
- Investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 6.7x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 61% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| BPI Bank of the Philippine Islands | ₱102.10 | 4.7% +₱20.8b | 12.2% | PB1.5x | |
| MBT Metropolitan Bank & Trust | ₱56.15 | 8.7% +₱20.2b | 12.5% | PB0.8x | |
| BDO BDO Unibank | ₱131.50 | 2.0% +₱11.4b | 3.5% | PB1.3x | |
| UBP Union Bank of the Philippines | ₱81.50 | 3.8% +₱6.4b | -5.2% | PB1.2x | |
| SECB Security Bank | ₱96.00 | 4.4% +₱3.1b | -17.6% | PB0.6x |