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Qatari (QE) Financials Sector Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies20
  • 7D-1.5%
  • 3M6.9%
  • 1Y13.3%
  • YTD3.1%

Over the last 7 days, the Financials industry has dropped 1.5%, driven by Qatar National Bank (Q.P.S.C.) declining 1.9%. Over the past 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 8.8% annually.

Sector Valuation and Performance

Has the Qatari Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026ر.ق345.8bر.ق88.0bر.ق29.9b11.1x11.6x3.9x
Tue, 27 Jan 2026ر.ق355.1bر.ق87.4bر.ق29.9b11.7x11.9x4.1x
Thu, 25 Dec 2025ر.ق337.4bر.ق87.0bر.ق29.9b11x11.3x3.9x
Sat, 22 Nov 2025ر.ق322.7bر.ق87.0bر.ق29.9b10.6x10.8x3.7x
Mon, 20 Oct 2025ر.ق330.1bر.ق86.6bر.ق29.7b11.6x11.1x3.8x
Wed, 17 Sep 2025ر.ق338.0bر.ق86.1bر.ق30.0b12.1x11.3x3.9x
Fri, 15 Aug 2025ر.ق355.1bر.ق86.0bر.ق30.0b11.7x11.9x4.1x
Sun, 13 Jul 2025ر.ق321.9bر.ق85.8bر.ق29.9b11.7x10.8x3.8x
Tue, 10 Jun 2025ر.ق314.6bر.ق85.4bر.ق29.8b11.1x10.6x3.7x
Thu, 08 May 2025ر.ق310.0bر.ق85.3bر.ق29.8b11x10.4x3.6x
Sat, 05 Apr 2025ر.ق297.5bر.ق85.5bر.ق29.7b10.5x10x3.5x
Mon, 03 Mar 2025ر.ق307.2bر.ق85.5bر.ق29.7b10.9x10.4x3.6x
Wed, 29 Jan 2025ر.ق309.6bر.ق81.4bر.ق28.6b10.1x10.8x3.8x
Fri, 27 Dec 2024ر.ق312.7bر.ق81.1bر.ق28.1b10.5x11.1x3.9x
Sun, 24 Nov 2024ر.ق310.7bر.ق81.1bر.ق28.1b10.7x11x3.8x
Tue, 22 Oct 2024ر.ق319.8bر.ق81.3bر.ق28.0b11.2x11.4x3.9x
Thu, 19 Sep 2024ر.ق307.3bر.ق81.4bر.ق27.7b11.2x11.1x3.8x
Sat, 17 Aug 2024ر.ق294.6bر.ق82.5bر.ق27.6b10.4x10.7x3.6x
Mon, 15 Jul 2024ر.ق288.6bر.ق81.7bر.ق27.4b9.7x10.5x3.5x
Wed, 12 Jun 2024ر.ق270.1bر.ق80.7bر.ق27.2b9.6x9.9x3.3x
Fri, 10 May 2024ر.ق274.0bر.ق80.7bر.ق27.2b10.1x10.1x3.4x
Sun, 07 Apr 2024ر.ق278.8bر.ق77.0bر.ق26.6b10.4x10.5x3.6x
Tue, 05 Mar 2024ر.ق299.8bر.ق76.5bر.ق27.5b11.3x10.9x3.9x
Thu, 01 Feb 2024ر.ق300.6bر.ق75.8bر.ق26.8b12.6x11.2x4x
Sat, 30 Dec 2023ر.ق315.2bر.ق74.2bر.ق25.9b12.3x12.2x4.3x
Mon, 27 Nov 2023ر.ق302.1bر.ق74.2bر.ق25.9b12.3x11.6x4.1x
Wed, 25 Oct 2023ر.ق283.7bر.ق72.1bر.ق25.8b12.6x11x3.9x
Fri, 22 Sep 2023ر.ق294.9bر.ق69.4bر.ق25.4b12.5x11.6x4.2x
Sun, 20 Aug 2023ر.ق313.7bر.ق70.1bر.ق25.3b13.3x12.4x4.5x
Tue, 18 Jul 2023ر.ق303.3bر.ق68.4bر.ق25.3b13.3x12x4.4x
Thu, 15 Jun 2023ر.ق308.9bر.ق68.0bر.ق25.0b13.9x12.4x4.5x
Sat, 13 May 2023ر.ق312.7bر.ق67.4bر.ق24.7b13.6x12.6x4.6x
Mon, 10 Apr 2023ر.ق302.7bر.ق61.5bر.ق24.0b13.7x12.6x4.9x
Wed, 08 Mar 2023ر.ق306.1bر.ق61.3bر.ق24.1b14x12.7x5x
Price to Earnings Ratio

12.7x


Total Market Cap: ر.ق306.1bTotal Earnings: ر.ق24.1bTotal Revenue: ر.ق61.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Financials Sector Price to Earnings3Y Average 11.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the Qatari Financials 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 11.2x.
  • The industry is trading close to its 3-year average PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 7.5% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Qatari Financials sector?

QA Market-1.67%
Financials-1.50%
Insurance3.09%
Banks-1.68%
Diversified Financial-2.33%
Capital Markets-5.44%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 19.0x.
    • Analysts are expecting annual earnings growth of 44.5%, which is higher than its past year's earnings decline of 28.3% per year.
  • Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 14.1x.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 28% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 8.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
QATI Qatar Insurance Company Q.S.P.Cر.ق2.504.7%
+ر.ق365.8m		25.1%PE13.3x
DUBK Dukhan Bank Q.P.S.Cر.ق3.591.8%
+ر.ق332.5m		-2.4%PB1.2x
ABQK Ahli Bank Q.P.S.Cر.ق3.850.6%
+ر.ق56.1m		13.4%PB1.1x
BEMA Damaan Islamic Insurance Company Beema (Q.P.S.C.)ر.ق4.705.4%
+ر.ق48.2m		17.5%PE8.8x
QGRI Qatar General Insurance & Reinsurance Company Q.P.S.Cر.ق1.452.6%
+ر.ق32.4m		35.9%PE10x

Latest News

BEMA
ر.ق4.70
Damaan Islamic Insurance Company Beema (Q.P.S.C.)
7D
5.4%
1Y
17.5%
QNBK
ر.ق19.30
Qatar National Bank (Q.P.S.C.)
7D
-1.9%
1Y
16.3%

QNBK: Custody Alliance And Buybacks Will Support Future Earnings Resilience

Analysts have kept their QAR 22.64 price target for Qatar National Bank (Q.P.S.C.) unchanged, citing broadly stable fair value, discount rate, revenue growth, profit margin and future P/E assumptions in their latest update. What's in the News State Street Corporation and QNB Group announced a custody servicing alliance at the World Economic Forum in Davos, aimed at introducing a new custody model in Qatar, with service agreements to be finalized later, in the presence of Qatar's Minister of Finance Ali bin Ahmed Al Kuwari (Key Developments).
AKHI
ر.ق2.51
Al Khaleej Takaful Insurance Company Q.P.S.C
7D
1.7%
1Y
1.0%
QIBK
ر.ق23.70
Qatar Islamic Bank (Q.P.S.C.)
7D
-4.0%
1Y
13.8%

QIBK: Future Cash Dividend Focus Will Support A Steady Yet Cautious Outlook

Analysts have kept their QAR price target for Qatar Islamic Bank (Q.P.S.C.) broadly unchanged at QAR 26.13, reflecting only marginal tweaks to the discount rate and earnings assumptions rather than any shift in their core outlook. What's in the News The board plans to seek shareholder approval at the ordinary annual general assembly on March 9, 2026, for an additional cash dividend of 50% of paid up capital, equal to QAR 0.50 per share (Key Developments).
DUBK
ر.ق3.59
Dukhan Bank Q.P.S.C
7D
1.8%
1Y
-2.4%
MARK
ر.ق2.33
AlRayan Bank Q.P.S.C
7D
0.09%
1Y
0.5%
CBQK
ر.ق4.85
Commercial Bank (P.S.Q.C.)
7D
-0.2%
1Y
7.3%
QISI
ر.ق8.58
Qatar Islamic Insurance Group Q.P.S.C
7D
0.01%
1Y
-1.4%
DHBK
ر.ق2.95
Doha Bank Q.P.S.C
7D
-0.3%
1Y
52.1%

DHBK: Future Returns Will Balance Dividend Prospects With Stable Margin Outlook

Analysts have kept their price target on Doha Bank Q.P.S.C. broadly unchanged at around QAR 3.10, reflecting only very small adjustments to inputs such as the discount rate, revenue growth assumptions, profit margin and the expected future P/E multiple. What's in the News A board meeting is scheduled for January 19, 2026, for Doha Bank Q.P.S.C. to consider recommending a cash dividend distribution.
QATI
ر.ق2.50
Qatar Insurance Company Q.S.P.C
7D
4.7%
1Y
25.1%
QGRI
ر.ق1.45
Qatar General Insurance & Reinsurance Company Q.P.S.C
7D
2.6%
1Y
35.9%
ABQK
ر.ق3.85
Ahli Bank Q.P.S.C
7D
0.6%
1Y
13.4%
DOHI
ر.ق2.75
Doha Insurance Group Q.P.S.C
7D
-1.3%
1Y
8.2%
QFBQ
ر.ق1.81
Lesha Bank
7D
-3.7%
1Y
39.4%

Lesha Bank's (DSM:QFBQ) Dividend Will Be Increased To QAR0.06

Feb 04
Lesha Bank's (DSM:QFBQ) Dividend Will Be Increased To QAR0.06
QIIK
ر.ق11.33
Qatar International Islamic Bank (Q.P.S.C)
7D
-0.6%
1Y
6.0%
SIIS
ر.ق0.80
Salam International Investment Limited Q.P.S.C
7D
-2.3%
1Y
12.9%