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Qatari (QE) Banks Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies9
- 7D-4.0%
- 3M1.4%
- 1Y12.6%
- YTD10.5%
Over the last 7 days, the Banks industry has dropped 1.3%, driven by a decline by Qatar National Bank (Q.P.S.C.) of 1.9%. This takes the industry's 12 month performance to a gain of 16%.
Industry Valuation and Performance
Has the Qatari Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | ر.ق339.0b | ر.ق40.6b | ر.ق22.2b | 13.7x |
| Thu, 28 Oct 2021 | ر.ق330.2b | ر.ق40.5b | ر.ق22.2b | 14.6x |
| Sat, 25 Sep 2021 | ر.ق318.8b | ر.ق39.7b | ر.ق21.0b | 14.9x |
| Mon, 23 Aug 2021 | ر.ق321.5b | ر.ق39.7b | ر.ق21.0b | 15.2x |
| Sat, 10 Jul 2021 | ر.ق302.4b | ر.ق39.7b | ر.ق21.0b | 14.3x |
| Fri, 02 Apr 2021 | ر.ق294.8b | ر.ق38.9b | ر.ق19.9b | 14.6x |
| Mon, 04 Jan 2021 | ر.ق292.9b | ر.ق39.3b | ر.ق19.8b | 14.8x |
| Thu, 08 Oct 2020 | ر.ق288.5b | ر.ق41.3b | ر.ق20.8b | 14x |
| Wed, 01 Jul 2020 | ر.ق273.1b | ر.ق42.6b | ر.ق21.7b | 12.8x |
| Sat, 04 Apr 2020 | ر.ق261.5b | ر.ق43.7b | ر.ق22.8b | 11.8x |
| Tue, 07 Jan 2020 | ر.ق311.0b | ر.ق43.3b | ر.ق22.6b | 13.2x |
| Mon, 30 Sep 2019 | ر.ق293.3b | ر.ق42.3b | ر.ق22.0b | 12x |
| Thu, 04 Jul 2019 | ر.ق294.8b | ر.ق41.2b | ر.ق22.1b | 12.9x |
| Sun, 07 Apr 2019 | ر.ق276.4b | ر.ق40.7b | ر.ق22.0b | 12.6x |
| Wed, 09 Jan 2019 | ر.ق290.2b | ر.ق40.4b | ر.ق22.0b | 11.7x |
PE Ratio
12x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: Both revenue and earnings for companies in the Banks industry have remained mostly flat over the last three years. This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Qatari Banks industry?
| Regional Banks | -0.88% | |
| Diversified Banks | -4.00% | |
Industry PE: Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 13.3x. This is likely because analysts are expecting annual earnings growth of 9.7%, which is higher than its past year's earnings growth of 6.5% per year. Meanwhile, investors are most pessimistic about the Regional Banks industry, which is trading below its 3-year average of 20.5x.
Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 9.7% over the next 5 years. This is better than it's past earnings growth rate of 6.5% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | ||
|---|---|---|---|---|---|
| No data available | |||||