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Qatari (QE) Banks Industry Analysis

UpdatedMar 28, 2026
DataAggregated Company Financials
Companies9
  • 7D-1.7%
  • 3M-6.4%
  • 1Y6.3%
  • YTD-6.4%

Over the last 7 days, the Banks industry has dropped 1.7%, driven by Qatar National Bank (Q.P.S.C.) declining 3.5%. This takes the industry's 12 month performance to a gain of 6.3%. Looking forward, earnings are forecast to grow by 8.4% annually.

Industry Valuation and Performance

Has the Qatari Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Mar 2026ر.ق300.8bر.ق70.3bر.ق28.5b11.5x10.6x4.3x
Mon, 23 Feb 2026ر.ق333.1bر.ق70.3bر.ق28.5b11.2x11.7x4.7x
Wed, 21 Jan 2026ر.ق335.5bر.ق70.4bر.ق28.9b11.9x11.6x4.8x
Fri, 19 Dec 2025ر.ق316.2bر.ق69.9bر.ق28.5b11.4x11.1x4.5x
Sun, 16 Nov 2025ر.ق316.9bر.ق69.9bر.ق28.5b11.3x11.1x4.5x
Tue, 14 Oct 2025ر.ق317.2bر.ق70.0bر.ق28.6b12.2x11.1x4.5x
Thu, 11 Sep 2025ر.ق321.8bر.ق69.5bر.ق28.7b12.5x11.2x4.6x
Sat, 09 Aug 2025ر.ق329.7bر.ق69.5bر.ق28.7b12.7x11.5x4.7x
Mon, 07 Jul 2025ر.ق308.8bر.ق69.3bر.ق28.5b11.9x10.8x4.5x
Wed, 04 Jun 2025ر.ق302.7bر.ق69.3bر.ق28.5b11.7x10.6x4.4x
Fri, 02 May 2025ر.ق295.4bر.ق69.3bر.ق28.5b11.4x10.4x4.3x
Sun, 30 Mar 2025ر.ق285.0bر.ق69.2bر.ق28.4b10.9x10x4.1x
Tue, 25 Feb 2025ر.ق297.6bر.ق69.2bر.ق28.4b11.5x10.5x4.3x
Thu, 23 Jan 2025ر.ق293.0bر.ق69.4bر.ق28.4b11x10.3x4.2x
Sat, 21 Dec 2024ر.ق300.4bر.ق69.0bر.ق27.9b11.5x10.8x4.4x
Mon, 18 Nov 2024ر.ق294.7bر.ق69.0bر.ق27.9b11.5x10.6x4.3x
Wed, 16 Oct 2024ر.ق304.8bر.ق68.5bر.ق27.9b11.9x10.9x4.4x
Fri, 13 Sep 2024ر.ق292.7bر.ق68.9bر.ق27.6b11.7x10.6x4.2x
Sun, 11 Aug 2024ر.ق275.9bر.ق68.9bر.ق27.6b11.6x10x4x
Tue, 09 Jul 2024ر.ق274.2bر.ق67.3bر.ق27.2b11.7x10.1x4.1x
Thu, 06 Jun 2024ر.ق253.9bر.ق67.3bر.ق27.2b11.7x9.3x3.8x
Sat, 04 May 2024ر.ق260.2bر.ق67.3bر.ق27.2b11.8x9.6x3.9x
Mon, 01 Apr 2024ر.ق267.9bر.ق64.0bر.ق26.5b12.3x10.1x4.2x
Wed, 28 Feb 2024ر.ق287.2bر.ق64.0bر.ق26.5b13.6x10.8x4.5x
Fri, 26 Jan 2024ر.ق295.2bر.ق62.7bر.ق26.1b13.1x11.3x4.7x
Sun, 24 Dec 2023ر.ق292.7bر.ق61.7bر.ق25.6b12.5x11.4x4.7x
Tue, 21 Nov 2023ر.ق288.2bر.ق61.7bر.ق25.6b12.3x11.3x4.7x
Thu, 19 Oct 2023ر.ق277.2bر.ق59.0bر.ق25.3b12.6x11x4.7x
Sat, 16 Sep 2023ر.ق283.0bر.ق56.9bر.ق25.1b12.5x11.3x5x
Mon, 14 Aug 2023ر.ق304.7bر.ق56.9bر.ق25.0b13.5x12.2x5.4x
Wed, 12 Jul 2023ر.ق287.0bر.ق54.8bر.ق24.8b13.9x11.6x5.2x
Fri, 09 Jun 2023ر.ق290.6bر.ق54.8bر.ق24.8b13.6x11.7x5.3x
Sun, 07 May 2023ر.ق298.9bر.ق54.2bر.ق24.7b13.8x12.1x5.5x
Tue, 04 Apr 2023ر.ق291.6bر.ق48.2bر.ق23.4b12.5x12.4x6.1x
Price to Earnings Ratio

12.4x


Total Market Cap: ر.ق291.6bTotal Earnings: ر.ق23.4bTotal Revenue: ر.ق48.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Banks Industry Price to Earnings3Y Average 10.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Qatari 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 10.9x.
  • The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 6.7% 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 industry?

QA Market-1.70%
Financials-1.62%
Banks-1.67%
Regional Banks-1.35%
Diversified Banks-1.70%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 21.5x.
    • Analysts are expecting annual earnings growth of 9.9%, which is lower than the prior year's growth of 30.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 10.7x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 9.9% over the next 5 years.
  • However this is lower than its past earnings growth rate of 31% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.3% 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
QIBK Qatar Islamic Bank (Q.P.S.C.)ر.ق22.601.7%
+ر.ق897.9m
9.9%PB1.6x
ABQK Ahli Bank Q.P.S.Cر.ق4.002.6%
+ر.ق255.1m
18.0%PB1.2x
MARK AlRayan Bank Q.P.S.Cر.ق2.190.7%
+ر.ق148.8m
-2.8%PB0.8x

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