Filipino (PSEi) Diversified Banks Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies12
- 7D-1.8%
- 3M-4.8%
- 1Y10.5%
- YTD6.7%
In the last week, Diversified Banks has been flat. The past year has been better, since the industry has gained 11% in that time. Looking forward, earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Filipino Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | ₱2.0t | ₱735.2b | ₱224.8b | 5.7x | 8.7x | 2.7x |
| Sat, 19 Aug 2023 | ₱2.1t | ₱735.1b | ₱225.0b | 5.8x | 9.3x | 2.8x |
| Mon, 17 Jul 2023 | ₱2.1t | ₱712.0b | ₱219.3b | 5.4x | 9.8x | 3x |
| Wed, 14 Jun 2023 | ₱2.0t | ₱712.0b | ₱219.3b | 5.6x | 9.2x | 2.8x |
| Fri, 12 May 2023 | ₱2.1t | ₱690.3b | ₱209.9b | 6.4x | 9.9x | 3x |
| Sun, 09 Apr 2023 | ₱2.0t | ₱672.6b | ₱202.8b | 6.7x | 9.8x | 3x |
| Tue, 07 Mar 2023 | ₱2.0t | ₱674.9b | ₱208.3b | 6.9x | 9.7x | 3x |
| Thu, 02 Feb 2023 | ₱2.0t | ₱650.3b | ₱194.1b | 6.7x | 10.4x | 3.1x |
| Sat, 31 Dec 2022 | ₱1.8t | ₱650.3b | ₱194.1b | 6.1x | 9.3x | 2.8x |
| Mon, 28 Nov 2022 | ₱1.8t | ₱650.3b | ₱194.1b | 6.5x | 9.4x | 2.8x |
| Wed, 26 Oct 2022 | ₱1.7t | ₱618.9b | ₱178.3b | 6.5x | 9.6x | 2.8x |
| Fri, 23 Sep 2022 | ₱1.7t | ₱618.7b | ₱178.3b | 7.3x | 9.6x | 2.8x |
| Sun, 21 Aug 2022 | ₱1.8t | ₱619.1b | ₱178.3b | 7.8x | 9.9x | 2.9x |
| Tue, 19 Jul 2022 | ₱1.6t | ₱600.4b | ₱174.4b | 8.7x | 9.4x | 2.7x |
| Thu, 16 Jun 2022 | ₱1.7t | ₱600.4b | ₱174.4b | 9.2x | 9.8x | 2.8x |
| Sat, 14 May 2022 | ₱1.7t | ₱598.7b | ₱172.1b | 9.4x | 9.8x | 2.8x |
| Mon, 11 Apr 2022 | ₱1.8t | ₱593.6b | ₱168.5b | 11x | 10.5x | 3x |
| Wed, 09 Mar 2022 | ₱1.8t | ₱561.5b | ₱153.8b | 11.2x | 11.5x | 3.2x |
| Fri, 04 Feb 2022 | ₱1.8t | ₱559.4b | ₱154.9b | 11.9x | 11.9x | 3.3x |
| Sun, 02 Jan 2022 | ₱1.7t | ₱559.4b | ₱154.9b | 11x | 11.1x | 3.1x |
| Tue, 30 Nov 2021 | ₱1.7t | ₱559.4b | ₱154.9b | 10.7x | 10.8x | 3x |
| Thu, 28 Oct 2021 | ₱1.6t | ₱550.8b | ₱152.2b | 8.7x | 10.8x | 3x |
| Sat, 25 Sep 2021 | ₱1.5t | ₱550.9b | ₱153.5b | 8.9x | 9.8x | 2.7x |
| Mon, 23 Aug 2021 | ₱1.5t | ₱550.9b | ₱153.5b | 9.8x | 9.7x | 2.7x |
| Sat, 10 Jul 2021 | ₱1.6t | ₱550.9b | ₱153.5b | 9.7x | 10.3x | 2.9x |
| Fri, 02 Apr 2021 | ₱1.4t | ₱504.4b | ₱113.2b | 11.6x | 12.8x | 2.9x |
| Mon, 04 Jan 2021 | ₱1.5t | ₱496.3b | ₱110.3b | 13.6x | 14x | 3.1x |
| Thu, 08 Oct 2020 | ₱1.2t | ₱517.6b | ₱126.9b | 6.5x | 9.7x | 2.4x |
Price to Earnings Ratio
9.7x
Current Industry PE
- Investors are pessimistic on the Filipino 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 8.8x 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 2.9x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 12% 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 Filipino Diversified Banks compare with similar industries?
| PH Market | -2.49% | |
| Financials | -1.65% | |
| Banks | -1.69% | |
| Diversified Banks | -1.77% | |
| Regional Banks | 1.22% | |
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 | |
|---|---|---|---|---|---|
| UBP Union Bank of the Philippines | ₱69.80 | 1.5% +₱2.4b | -17.8% | PB1x | |
| RCB Rizal Commercial Banking | ₱23.50 | 1.5% +₱846.8m | 13.3% | PB0.5x | |
| BNCOM Bank of Commerce | ₱6.00 | 1.7% +₱140.3m | -36.8% | PB0.3x | |
| EW East West Banking | ₱9.08 | 0.3% +₱67.5m | 40.3% | PB0.3x |