Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Qatari (QE) Financials Sector Analysis

UpdatedJan 04, 2026
DataAggregated Company Financials
Companies20
  • 7D0.2%
  • 3M1.2%
  • 1Y7.3%
  • YTDn/a

Over the last 7 days, the Financials industry has remained flat. As for the the longer term, the industry is up 7.3% over the past 12 months. Looking forward, earnings are forecast to grow by 9.7% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Jan 2026ر.ق334.3bر.ق87.0bر.ق29.9b10.9x11.2x3.8x
Wed, 03 Dec 2025ر.ق327.6bر.ق87.0bر.ق29.9b10.7x10.9x3.8x
Fri, 31 Oct 2025ر.ق332.8bر.ق87.3bر.ق30.0b11.8x11.1x3.8x
Sun, 28 Sep 2025ر.ق329.5bر.ق86.1bر.ق30.0b12x11x3.8x
Tue, 26 Aug 2025ر.ق342.3bر.ق86.1bر.ق30.0b12.3x11.4x4x
Thu, 24 Jul 2025ر.ق334.6bر.ق85.6bر.ق29.9b11.9x11.2x3.9x
Sat, 21 Jun 2025ر.ق308.8bر.ق85.5bر.ق29.8b10.8x10.4x3.6x
Mon, 19 May 2025ر.ق316.7bر.ق85.4bر.ق29.8b11.3x10.6x3.7x
Wed, 16 Apr 2025ر.ق297.2bر.ق85.8bر.ق29.8b10.9x10x3.5x
Fri, 14 Mar 2025ر.ق305.3bر.ق85.5bر.ق29.7b10.7x10.3x3.6x
Sun, 09 Feb 2025ر.ق309.2bر.ق85.2bر.ق28.3b10.7x10.9x3.6x
Tue, 07 Jan 2025ر.ق314.1bر.ق81.1bر.ق28.1b10.6x11.2x3.9x
Thu, 05 Dec 2024ر.ق310.4bر.ق81.1bر.ق28.1b10.6x11x3.8x
Sat, 02 Nov 2024ر.ق313.7bر.ق82.1bر.ق28.2b10.9x11.1x3.8x
Mon, 30 Sep 2024ر.ق313.6bر.ق81.4bر.ق27.7b11.1x11.3x3.9x
Wed, 28 Aug 2024ر.ق295.7bر.ق82.6bر.ق27.6b11.2x10.7x3.6x
Fri, 26 Jul 2024ر.ق289.0bر.ق82.3bر.ق27.6b10x10.5x3.5x
Sun, 23 Jun 2024ر.ق274.0bر.ق80.7bر.ق27.2b9.9x10.1x3.4x
Tue, 21 May 2024ر.ق272.5bر.ق80.7bر.ق27.2b10x10x3.4x
Thu, 18 Apr 2024ر.ق281.5bر.ق78.9bر.ق26.8b10.6x10.5x3.6x
Sat, 16 Mar 2024ر.ق296.9bر.ق76.8bر.ق26.6b10.9x11.2x3.9x
Mon, 12 Feb 2024ر.ق293.9bر.ق76.5bر.ق27.0b12.5x10.9x3.8x
Wed, 10 Jan 2024ر.ق315.2bر.ق74.2bر.ق25.9b13x12.2x4.3x
Fri, 08 Dec 2023ر.ق298.1bر.ق74.2bر.ق25.9b11.8x11.5x4x
Sun, 05 Nov 2023ر.ق287.9bر.ق73.7bر.ق25.9b12.8x11.1x3.9x
Tue, 03 Oct 2023ر.ق296.3bر.ق69.4bر.ق25.4b12.9x11.7x4.3x
Thu, 31 Aug 2023ر.ق307.3bر.ق70.5bر.ق25.4b12.1x12.1x4.4x
Sat, 29 Jul 2023ر.ق321.9bر.ق70.2bر.ق25.3b13.7x12.7x4.6x
Mon, 26 Jun 2023ر.ق292.0bر.ق68.0bر.ق25.0b13x11.7x4.3x
Wed, 24 May 2023ر.ق312.8bر.ق67.3bر.ق24.9b14.5x12.5x4.6x
Fri, 21 Apr 2023ر.ق287.9bر.ق63.7bر.ق23.6b12.6x12.2x4.5x
Sun, 19 Mar 2023ر.ق290.8bر.ق61.3bر.ق24.0b12.8x12.1x4.7x
Tue, 14 Feb 2023ر.ق285.7bر.ق61.9bر.ق24.4b12.8x11.7x4.6x
Thu, 12 Jan 2023ر.ق323.6bر.ق58.6bر.ق23.4b14.4x13.8x5.5x
Price to Earnings Ratio

13.8x


Total Market Cap: ر.ق323.6bTotal Earnings: ر.ق23.4bTotal Revenue: ر.ق58.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Financials Sector Price to Earnings3Y Average 11.3x202420252026
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 11.3x.
  • The industry is trading close to its 3-year average PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 8.6% 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 Qatari Financials sector?

QA Market-0.033%
Financials0.23%
Banks0.24%
Insurance0.12%
Diversified Financial-0.14%
Capital Markets-1.03%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 20.1x.
    • Analysts are expecting annual earnings growth of 38.1%, which is higher than its past year's earnings decline of 27.0% per year.
  • Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 14.3x.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 9.7% 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
QNBK Qatar National Bank (Q.P.S.C.)ر.ق18.791.0%
+ر.ق1.7b		10.1%PB1.4x
QIBK Qatar Islamic Bank (Q.P.S.C.)ر.ق23.960.8%
+ر.ق425.3m		14.6%PB1.7x
ABQK Ahli Bank Q.P.S.Cر.ق3.751.1%
+ر.ق102.0m		8.6%PB1.1x
QFBQ Lesha Bankر.ق1.891.6%
+ر.ق32.5m		38.6%PB1.4x
CBQK Commercial Bank (P.S.Q.C.)ر.ق4.250.1%
+ر.ق24.3m		-2.0%PB0.6x

Latest News

DUBK
ر.ق3.48
Dukhan Bank Q.P.S.C
7D
-0.5%
1Y
-7.7%
QNBK
ر.ق18.79
Qatar National Bank (Q.P.S.C.)
7D
1.0%
1Y
10.1%
MARK
ر.ق2.20
AlRayan Bank Q.P.S.C
7D
-0.3%
1Y
-10.7%

MARK: Stable Margins And Higher Required Return Will Support Future Upside

Analysts have nudged their price target on AlRayan Bank Q.P.S.C. slightly higher to QAR 2.57 from QAR 2.57, reflecting a marginally increased discount rate and stable expectations for revenue growth, profit margins, and forward valuation multiples. Valuation Changes Fair Value Estimate remains effectively unchanged at QAR 2.57 per share, indicating stable intrinsic valuation assumptions.
QATI
ر.ق2.04
Qatar Insurance Company Q.S.P.C
7D
-0.7%
1Y
-4.1%
CBQK
ر.ق4.25
Commercial Bank (P.S.Q.C.)
7D
0.1%
1Y
-2.0%

CBQK: Lower Risk Profile May Still Lead To Overstretched Earnings Multiple

Analysts have raised their price target on Commercial Bank (P.S.Q.C.) from QAR 3.36 to approximately QAR 3.42. This reflects increased confidence in higher revenue growth and a lower perceived risk profile, despite slightly softer long term profit margin assumptions and valuation multiples.
DHBK
ر.ق2.86
Doha Bank Q.P.S.C
7D
-1.5%
1Y
41.6%

DHBK: Future Performance Will Reflect Stable Margins And Slightly Adjusted Risk Expectations

Analysts have nudged their price target for Doha Bank Q.P.S.C. slightly higher to QAR 2.97, reflecting modest tweaks to the discount rate and long term valuation assumptions while leaving growth and margin expectations largely unchanged. Valuation Changes Fair Value Estimate maintained at approximately QAR 2.97 per share, with no material change in the intrinsic value calculation.
QIBK
ر.ق23.96
Qatar Islamic Bank (Q.P.S.C.)
7D
0.8%
1Y
14.6%

QIBK: Slightly Lower Discount Rate Will Support Stable Earnings Outlook

Analysts have trimmed their price target on Qatar Islamic Bank (Q.P.S.C.) slightly to QAR 26.23, reflecting fine-tuned assumptions around the bank's discount rate and valuation multiples, while keeping core earnings expectations largely unchanged. Valuation Changes Fair Value Estimate, unchanged at QAR 26.23 per share, indicating no revision to the intrinsic value assessment.
QGRI
ر.ق1.55
Qatar General Insurance & Reinsurance Company Q.P.S.C
7D
1.8%
1Y
34.2%
IHGS
ر.ق3.11
INMA Holding Company Q.P.S.C
7D
-2.8%
1Y
-17.7%
SIIS
ر.ق0.72
Salam International Investment Limited Q.P.S.C
7D
-0.3%
1Y
9.7%
AKHI
ر.ق2.26
Al Khaleej Takaful Insurance Company Q.P.S.C
7D
-0.9%
1Y
-6.2%
QISI
ر.ق8.82
Qatar Islamic Insurance Group Q.P.S.C
7D
-0.2%
1Y
2.5%
BEMA
ر.ق4.34
Damaan Islamic Insurance Company Beema (Q.P.S.C.)
7D
2.1%
1Y
9.8%
QFBQ
ر.ق1.89
Lesha Bank
7D
1.6%
1Y
38.6%
ABQK
ر.ق3.75
Ahli Bank Q.P.S.C
7D
1.1%
1Y
8.6%
QIIK
ر.ق11.40
Qatar International Islamic Bank (Q.P.S.C)
7D
0.09%
1Y
6.9%