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

Qatari (QE) Financials Sector Analysis

UpdatedDec 18, 2025
DataAggregated Company Financials
Companies20
  • 7D-1.6%
  • 3M-4.4%
  • 1Y5.7%
  • YTD6.0%

Last week, the Financials industry hasn't moved much but Qatar Insurance Company Q.S.P.C is up 5.4% in that time. As for the the longer term, the industry is up 6.4% over the past 12 months. Earnings are forecast to grow by 9.6% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Dec 2025ر.ق330.3bر.ق87.0bر.ق29.9b10.9x11x3.8x
Sat, 15 Nov 2025ر.ق330.8bر.ق87.0bر.ق29.9b10.8x11x3.8x
Mon, 13 Oct 2025ر.ق330.0bر.ق86.7bر.ق29.9b11.5x11x3.8x
Wed, 10 Sep 2025ر.ق336.1bر.ق86.1bر.ق30.0b12.1x11.2x3.9x
Fri, 08 Aug 2025ر.ق343.5bر.ق85.8bر.ق30.0b11.9x11.5x4x
Sun, 06 Jul 2025ر.ق322.3bر.ق85.5bر.ق29.8b11.6x10.8x3.8x
Tue, 03 Jun 2025ر.ق315.1bر.ق85.4bر.ق29.8b11.2x10.6x3.7x
Thu, 01 May 2025ر.ق307.9bر.ق85.5bر.ق29.7b11.1x10.4x3.6x
Sat, 29 Mar 2025ر.ق297.5bر.ق85.5bر.ق29.7b10.5x10x3.5x
Mon, 24 Feb 2025ر.ق312.2bر.ق85.5bر.ق29.7b11.5x10.5x3.7x
Wed, 22 Jan 2025ر.ق305.4bر.ق81.5bر.ق28.7b9.8x10.7x3.7x
Fri, 20 Dec 2024ر.ق314.6bر.ق81.1bر.ق28.1b10.6x11.2x3.9x
Sun, 17 Nov 2024ر.ق311.2bر.ق81.1bر.ق28.1b10.8x11.1x3.8x
Tue, 15 Oct 2024ر.ق314.4bر.ق80.9bر.ق28.0b11x11.2x3.9x
Thu, 12 Sep 2024ر.ق298.5bر.ق82.6bر.ق27.6b11x10.8x3.6x
Sat, 10 Aug 2024ر.ق289.3bر.ق82.4bر.ق27.6b10.4x10.5x3.5x
Mon, 08 Jul 2024ر.ق286.9bر.ق80.7bر.ق27.2b9.7x10.6x3.6x
Wed, 05 Jun 2024ر.ق267.0bر.ق80.7bر.ق27.2b9.4x9.8x3.3x
Fri, 03 May 2024ر.ق274.1bر.ق80.7bر.ق27.2b10x10.1x3.4x
Sun, 31 Mar 2024ر.ق285.4bر.ق77.0bر.ق26.6b10.4x10.7x3.7x
Tue, 27 Feb 2024ر.ق299.7bر.ق76.5bر.ق27.4b11.1x10.9x3.9x
Thu, 25 Jan 2024ر.ق310.3bر.ق74.6bر.ق26.3b12.8x11.8x4.2x
Sat, 23 Dec 2023ر.ق307.9bر.ق74.2bر.ق25.9b12.5x11.9x4.2x
Mon, 20 Nov 2023ر.ق305.8bر.ق74.2bر.ق25.9b12.3x11.8x4.1x
Wed, 18 Oct 2023ر.ق297.2bر.ق71.4bر.ق25.7b12.6x11.6x4.2x
Fri, 15 Sep 2023ر.ق298.2bر.ق70.5bر.ق25.4b12.5x11.7x4.2x
Sun, 13 Aug 2023ر.ق318.2bر.ق70.1bر.ق25.3b13.2x12.6x4.5x
Tue, 11 Jul 2023ر.ق301.5bر.ق68.0bر.ق25.0b13.8x12.1x4.4x
Thu, 08 Jun 2023ر.ق306.5bر.ق68.0bر.ق25.0b13.8x12.3x4.5x
Sat, 06 May 2023ر.ق311.8bر.ق67.6bر.ق24.9b13.3x12.5x4.6x
Mon, 03 Apr 2023ر.ق297.0bر.ق61.4bر.ق24.0b13.6x12.4x4.8x
Wed, 01 Mar 2023ر.ق309.4bر.ق62.2bر.ق24.4b13.9x12.7x5x
Fri, 27 Jan 2023ر.ق317.3bر.ق61.1bر.ق24.7b14.1x12.9x5.2x
Sun, 25 Dec 2022ر.ق313.2bر.ق58.6bر.ق23.4b14.4x13.4x5.3x
Price to Earnings Ratio

13.4x


Total Market Cap: ر.ق313.2bTotal Earnings: ر.ق23.4bTotal Revenue: ر.ق58.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Financials Sector Price to Earnings3Y Average 11.3x202320242025
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-1.50%
Financials-1.59%
Insurance1.17%
Capital Markets-1.10%
Diversified Financial-1.66%
Banks-1.70%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 20.3x.
    • 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 14.4x.
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 9.6% 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
CBQK Commercial Bank (P.S.Q.C.)ر.ق4.242.7%
+ر.ق445.2m		-1.4%PB0.6x
QATI Qatar Insurance Company Q.S.P.Cر.ق2.053.5%
+ر.ق228.6m		-8.0%PE10.9x
DHBK Doha Bank Q.P.S.Cر.ق2.801.8%
+ر.ق155.0m		40.0%PB0.6x
QFBQ Lesha Bankر.ق1.751.5%
+ر.ق29.1m		27.1%PB1.3x
QISI Qatar Islamic Insurance Group Q.P.S.Cر.ق8.920.4%
+ر.ق5.0m		3.7%PE6.2x

Latest News

QATI
ر.ق2.05
Qatar Insurance Company Q.S.P.C
7D
3.5%
1Y
-8.0%
DHBK
ر.ق2.80
Doha Bank Q.P.S.C
7D
1.8%
1Y
40.0%

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.ق23.86
Qatar Islamic Bank (Q.P.S.C.)
7D
-1.8%
1Y
14.4%

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.
QNBK
ر.ق18.35
Qatar National Bank (Q.P.S.C.)
7D
-2.5%
1Y
6.4%

QNBK Digital-First Expansion In Egypt And Saudi Arabia Will Drive Stronger Outlook

Analysts have nudged their price target for Qatar National Bank (Q.P.S.C.) slightly higher to QAR 21.66, citing a steady outlook for revenue, profit margins, and valuation multiples that supports maintaining the bank's fair value assessment. What's in the News Qatar National Bank issued earnings guidance for 2025, warning that a 1% full year decline in interest rates could reduce net interest income by QAR 600 million to QAR 800 million if no mitigating actions are taken (corporate guidance).
MARK
ر.ق2.19
AlRayan Bank Q.P.S.C
7D
-0.3%
1Y
-11.8%

MARK: Stable Margins And Slightly Higher Discount Rate Will Support Future Upside

Analysts have modestly maintained their outlook on AlRayan Bank Q.P.S.C., keeping the price target effectively unchanged around $2.57 per share, as minor tweaks to discount rates and forward valuation assumptions did not materially alter their view of the bank's earnings and growth profile. Valuation Changes Fair Value Estimate remains unchanged at QAR 2.57 per share, reflecting a stable intrinsic value assessment.
CBQK
ر.ق4.24
Commercial Bank (P.S.Q.C.)
7D
2.7%
1Y
-1.4%

CBQK: Stable Profitability And Revenue Outlook Will Support Further Upside

Analysts have slightly reduced their price target for Commercial Bank (P.S.Q.C.) to QAR 4.83 from QAR 4.88, citing marginally lower fair value estimates. These are driven by a modestly lower future P/E assumption and largely unchanged views on growth, profitability, and risk.
QGRI
ر.ق1.52
Qatar General Insurance & Reinsurance Company Q.P.S.C
7D
-5.0%
1Y
31.9%
DUBK
ر.ق3.47
Dukhan Bank Q.P.S.C
7D
-1.8%
1Y
-2.8%
SIIS
ر.ق0.71
Salam International Investment Limited Q.P.S.C
7D
-1.7%
1Y
6.4%
QISI
ر.ق8.92
Qatar Islamic Insurance Group Q.P.S.C
7D
0.4%
1Y
3.7%
QFBQ
ر.ق1.75
Lesha Bank
7D
1.5%
1Y
27.1%
ABQK
ر.ق3.69
Ahli Bank Q.P.S.C
7D
-1.4%
1Y
6.1%
QIIK
ر.ق11.16
Qatar International Islamic Bank (Q.P.S.C)
7D
-1.4%
1Y
4.8%