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Pakistani (KSE) Diversified Banks Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies18
- 7D7.0%
- 3M8.4%
- 1Y57.4%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 1.3%, driven by gains from Meezan Bank of 12%. This takes the industry's 12 month performance to a gain of 49%. Earnings are forecast to grow by 3.2% annually.
Industry Valuation and Performance
Has the Pakistani Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | PK₨2.0t | PK₨2.1t | PK₨538.6b | 3.3x | 3.7x | 1x |
| Tue, 22 Oct 2024 | PK₨1.9t | PK₨2.1t | PK₨545.0b | 3x | 3.5x | 0.9x |
| Thu, 19 Sep 2024 | PK₨1.8t | PK₨2.0t | PK₨542.9b | 2.7x | 3.2x | 0.9x |
| Sat, 17 Aug 2024 | PK₨1.8t | PK₨2.0t | PK₨555.8b | 3x | 3.3x | 0.9x |
| Mon, 15 Jul 2024 | PK₨1.9t | PK₨2.0t | PK₨541.2b | 3.3x | 3.6x | 1x |
| Wed, 12 Jun 2024 | PK₨1.7t | PK₨2.0t | PK₨541.2b | 2.6x | 3.1x | 0.8x |
| Fri, 10 May 2024 | PK₨1.8t | PK₨2.1t | PK₨586.0b | 2.7x | 3.1x | 0.9x |
| Sun, 07 Apr 2024 | PK₨1.8t | PK₨1.9t | PK₨543.1b | 2.7x | 3.3x | 0.9x |
| Tue, 05 Mar 2024 | PK₨1.7t | PK₨1.9t | PK₨522.5b | 2.7x | 3.3x | 0.9x |
| Thu, 01 Feb 2024 | PK₨1.6t | PK₨1.8t | PK₨503.2b | 3x | 3.2x | 0.9x |
| Sat, 30 Dec 2023 | PK₨1.6t | PK₨1.8t | PK₨501.6b | 2.7x | 3.1x | 0.9x |
| Mon, 27 Nov 2023 | PK₨1.5t | PK₨1.7t | PK₨494.7b | 2.7x | 3x | 0.9x |
| Wed, 25 Oct 2023 | PK₨1.3t | PK₨1.6t | PK₨442.2b | 2.6x | 2.9x | 0.8x |
| Fri, 22 Sep 2023 | PK₨1.2t | PK₨1.6t | PK₨441.9b | 2.4x | 2.7x | 0.7x |
| Sun, 20 Aug 2023 | PK₨1.3t | PK₨1.5t | PK₨389.7b | 3.3x | 3.2x | 0.8x |
| Tue, 18 Jul 2023 | PK₨1.1t | PK₨1.4t | PK₨353.7b | 3.2x | 3.1x | 0.8x |
| Thu, 15 Jun 2023 | PK₨972.8b | PK₨1.4t | PK₨353.7b | 2.8x | 2.8x | 0.7x |
| Sat, 13 May 2023 | PK₨1.0t | PK₨1.4t | PK₨345.6b | 3.1x | 3x | 0.7x |
| Mon, 10 Apr 2023 | PK₨980.2b | PK₨1.3t | PK₨308.8b | 3x | 3.2x | 0.8x |
| Wed, 08 Mar 2023 | PK₨1.0t | PK₨1.3t | PK₨296.8b | 3.6x | 3.5x | 0.8x |
| Fri, 03 Feb 2023 | PK₨1.0t | PK₨1.2t | PK₨274.6b | 4.3x | 3.7x | 0.8x |
| Sun, 01 Jan 2023 | PK₨1.0t | PK₨1.2t | PK₨274.6b | 4.2x | 3.7x | 0.8x |
| Tue, 29 Nov 2022 | PK₨1.1t | PK₨1.2t | PK₨274.2b | 4.3x | 3.9x | 0.9x |
| Thu, 27 Oct 2022 | PK₨1.1t | PK₨1.1t | PK₨265.1b | 4.5x | 4x | 0.9x |
| Sat, 24 Sep 2022 | PK₨1.1t | PK₨1.1t | PK₨257.7b | 4.7x | 4.3x | 1x |
| Mon, 22 Aug 2022 | PK₨1.2t | PK₨1.0t | PK₨279.6b | 4.4x | 4.3x | 1.2x |
| Wed, 20 Jul 2022 | PK₨1.2t | PK₨1.0t | PK₨284.1b | 4.4x | 4.1x | 1.1x |
| Fri, 17 Jun 2022 | PK₨1.2t | PK₨1.0t | PK₨282.2b | 4.2x | 4.1x | 1.1x |
| Sun, 15 May 2022 | PK₨1.3t | PK₨1.0t | PK₨282.2b | 4.5x | 4.6x | 1.3x |
| Tue, 12 Apr 2022 | PK₨1.4t | PK₨982.8b | PK₨267.6b | 5.7x | 5.1x | 1.4x |
| Thu, 10 Mar 2022 | PK₨1.3t | PK₨925.2b | PK₨256.0b | 5.6x | 5.2x | 1.4x |
| Sat, 05 Feb 2022 | PK₨1.4t | PK₨927.0b | PK₨250.5b | 5.6x | 5.7x | 1.5x |
| Mon, 03 Jan 2022 | PK₨1.4t | PK₨927.0b | PK₨250.5b | 5.1x | 5.5x | 1.5x |
| Wed, 01 Dec 2021 | PK₨1.4t | PK₨927.0b | PK₨250.5b | 5.3x | 5.6x | 1.5x |
Price to Earnings Ratio
5.6x
Current Industry PE
- Investors are relatively neutral on the Pakistani Diversified Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 3.7x.
- The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 31% 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 Pakistani Diversified Banks compare with similar industries?
| PK Market | 2.53% | |
| Financials | 6.35% | |
| Banks | 6.92% | |
| Diversified Banks | 6.99% | |
| Regional Banks | 0.11% | |
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 | |
|---|---|---|---|---|---|
| MEBL Meezan Bank | PK₨257.44 | 11.7% +PK₨48.3b | 60.3% | PB2x | |
| HBL Habib Bank | PK₨144.70 | 8.1% +PK₨15.9b | 42.7% | PB0.5x | |
| MCB MCB Bank | PK₨262.32 | 5.3% +PK₨15.7b | 66.8% | PB1.1x | |
| BAHL Bank AL Habib | PK₨116.20 | 9.4% +PK₨11.1b | 59.4% | PB0.8x | |
| BAFL Bank Alfalah | PK₨73.01 | 8.9% +PK₨9.4b | 75.9% | PB0.7x |