Qatari (QE) Banks Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies8
- 7D-2.3%
- 3M-12.3%
- 1Y-3.0%
- YTD-4.1%
Over the last 7 days, the Banks industry has dropped 2.3%, driven by Qatar Islamic Bank (Q.P.S.C.) declining 5.0%. However, the industry is down 3.0% over the past year. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Qatari Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | ر.ق321.2b | ر.ق44.8b | ر.ق22.6b | 14x | 14.2x | 7.2x |
| Thu, 27 Oct 2022 | ر.ق328.7b | ر.ق44.4b | ر.ق22.8b | 14x | 14.4x | 7.4x |
| Sat, 24 Sep 2022 | ر.ق341.6b | ر.ق42.6b | ر.ق22.3b | 14.4x | 15.3x | 8x |
| Mon, 22 Aug 2022 | ر.ق383.5b | ر.ق42.6b | ر.ق22.3b | 15.5x | 17.2x | 9x |
| Wed, 20 Jul 2022 | ر.ق331.6b | ر.ق42.1b | ر.ق22.2b | 14.5x | 14.9x | 7.9x |
| Fri, 17 Jun 2022 | ر.ق340.9b | ر.ق41.0b | ر.ق22.2b | 14.5x | 15.3x | 8.3x |
| Sun, 15 May 2022 | ر.ق384.3b | ر.ق41.0b | ر.ق22.2b | 15.7x | 17.3x | 9.4x |
| Tue, 12 Apr 2022 | ر.ق426.9b | ر.ق40.2b | ر.ق21.8b | 17.2x | 19.6x | 10.6x |
| Thu, 10 Mar 2022 | ر.ق386.4b | ر.ق41.2b | ر.ق22.4b | 14.7x | 17.2x | 9.4x |
| Sat, 05 Feb 2022 | ر.ق369.4b | ر.ق41.2b | ر.ق22.3b | 14.7x | 16.5x | 9x |
| Mon, 03 Jan 2022 | ر.ق342.4b | ر.ق40.6b | ر.ق22.2b | 13.5x | 15.4x | 8.4x |
| Wed, 01 Dec 2021 | ر.ق325.2b | ر.ق40.6b | ر.ق22.2b | 13.7x | 14.6x | 8x |
| Fri, 29 Oct 2021 | ر.ق336.0b | ر.ق40.5b | ر.ق22.2b | 14.6x | 15.2x | 8.3x |
| Sun, 26 Sep 2021 | ر.ق318.8b | ر.ق39.7b | ر.ق21.0b | 14.9x | 15.2x | 8x |
| Tue, 24 Aug 2021 | ر.ق322.2b | ر.ق39.7b | ر.ق21.0b | 15.3x | 15.3x | 8.1x |
| Wed, 30 Jun 2021 | ر.ق302.4b | ر.ق39.7b | ر.ق21.0b | 14.3x | 14.4x | 7.6x |
| Sat, 03 Apr 2021 | ر.ق294.8b | ر.ق38.9b | ر.ق19.9b | 14.6x | 14.8x | 7.6x |
| Tue, 05 Jan 2021 | ر.ق292.9b | ر.ق39.3b | ر.ق19.8b | 14.8x | 14.8x | 7.5x |
| Fri, 09 Oct 2020 | ر.ق288.5b | ر.ق41.3b | ر.ق20.8b | 14x | 13.9x | 7x |
| Thu, 02 Jul 2020 | ر.ق273.1b | ر.ق42.6b | ر.ق21.7b | 12.8x | 12.6x | 6.4x |
| Sun, 05 Apr 2020 | ر.ق261.5b | ر.ق43.7b | ر.ق22.8b | 11.8x | 11.5x | 6x |
| Wed, 08 Jan 2020 | ر.ق311.0b | ر.ق43.3b | ر.ق22.6b | 13.2x | 13.8x | 7.2x |
Price to Earnings Ratio
13.4x
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 14.6x.
- The industry is trading close to its 3-year average PS ratio of 7.7x.
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 Financials industry?
| QA Market | -2.59% | |
| Financials | -2.42% | |
| Banks | -2.32% | |
| Regional Banks | -1.56% | |
| Diversified Banks | -2.33% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 14.6x.
- Analysts are expecting annual earnings growth of 13.5%, which is higher than its past year's earnings growth of 8.2% per year.
- Investors are most pessimistic about the Regional Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.0x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings growth rate of 8.2% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| QNBK Qatar National Bank (Q.P.S.C.) | ر.ق18.92 | 1.4% +ر.ق2.5b | -3.0% | PB1.7x | |
| CBQK Commercial Bank (P.S.Q.C.) | ر.ق5.85 | 2.6% +ر.ق603.0m | -8.6% | PB1x | |
| QFBQ Lesha Bank | ر.ق1.22 | 0.8% +ر.ق11.2m | -32.5% | PB1.2x |