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Qatari (QE) Banks Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies9
- 7D-0.1%
- 3M7.0%
- 1Y3.4%
- YTD-2.5%
Over the last 7 days, the Banks industry has remained flat. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 7.2% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ر.ق297.9b | ر.ق69.0b | ر.ق27.9b | 11.6x | 10.7x | 4.3x |
| Sat, 19 Oct 2024 | ر.ق308.0b | ر.ق69.0b | ر.ق28.1b | 11.8x | 11x | 4.5x |
| Mon, 16 Sep 2024 | ر.ق292.7b | ر.ق68.9b | ر.ق27.6b | 11.7x | 10.6x | 4.2x |
| Wed, 14 Aug 2024 | ر.ق279.7b | ر.ق68.9b | ر.ق27.6b | 11.6x | 10.1x | 4.1x |
| Fri, 12 Jul 2024 | ر.ق275.2b | ر.ق68.2b | ر.ق27.5b | 11.8x | 10x | 4x |
| Sun, 09 Jun 2024 | ر.ق255.1b | ر.ق67.3b | ر.ق27.2b | 12.4x | 9.4x | 3.8x |
| Tue, 07 May 2024 | ر.ق262.0b | ر.ق67.3b | ر.ق27.2b | 12x | 9.6x | 3.9x |
| Thu, 04 Apr 2024 | ر.ق261.5b | ر.ق64.0b | ر.ق26.5b | 12.2x | 9.9x | 4.1x |
| Sat, 02 Mar 2024 | ر.ق287.4b | ر.ق64.0b | ر.ق26.5b | 12.4x | 10.8x | 4.5x |
| Mon, 29 Jan 2024 | ر.ق295.3b | ر.ق63.3b | ر.ق26.7b | 13.1x | 11x | 4.7x |
| Wed, 27 Dec 2023 | ر.ق294.7b | ر.ق61.7b | ر.ق25.6b | 12.6x | 11.5x | 4.8x |
| Fri, 24 Nov 2023 | ر.ق288.4b | ر.ق61.7b | ر.ق25.6b | 12.3x | 11.3x | 4.7x |
| Sun, 22 Oct 2023 | ر.ق274.2b | ر.ق59.6b | ر.ق25.4b | 12.6x | 10.8x | 4.6x |
| Tue, 19 Sep 2023 | ر.ق281.4b | ر.ق56.9b | ر.ق25.1b | 12.5x | 11.2x | 4.9x |
| Thu, 17 Aug 2023 | ر.ق301.6b | ر.ق56.9b | ر.ق25.1b | 12.8x | 12x | 5.3x |
| Sat, 15 Jul 2023 | ر.ق286.6b | ر.ق55.2b | ر.ق25.1b | 13.9x | 11.4x | 5.2x |
| Mon, 12 Jun 2023 | ر.ق290.2b | ر.ق54.8b | ر.ق24.8b | 13.8x | 11.7x | 5.3x |
| Wed, 10 May 2023 | ر.ق301.3b | ر.ق54.2b | ر.ق24.7b | 13.9x | 12.2x | 5.6x |
| Fri, 07 Apr 2023 | ر.ق291.6b | ر.ق48.2b | ر.ق23.4b | 12.6x | 12.4x | 6.1x |
| Sun, 05 Mar 2023 | ر.ق292.2b | ر.ق48.0b | ر.ق23.5b | 12.6x | 12.4x | 6.1x |
| Tue, 31 Jan 2023 | ر.ق303.6b | ر.ق47.2b | ر.ق23.6b | 12.7x | 12.9x | 6.4x |
| Thu, 29 Dec 2022 | ر.ق296.1b | ر.ق44.8b | ر.ق22.6b | 12.5x | 13.1x | 6.6x |
| Sat, 26 Nov 2022 | ر.ق324.8b | ر.ق44.8b | ر.ق22.6b | 14x | 14.4x | 7.3x |
| Mon, 24 Oct 2022 | ر.ق338.1b | ر.ق44.4b | ر.ق22.8b | 14.1x | 14.8x | 7.6x |
| Wed, 21 Sep 2022 | ر.ق349.1b | ر.ق42.6b | ر.ق22.3b | 14.6x | 15.6x | 8.2x |
| Fri, 19 Aug 2022 | ر.ق388.4b | ر.ق42.6b | ر.ق22.3b | 15.7x | 17.4x | 9.1x |
| Sun, 17 Jul 2022 | ر.ق327.1b | ر.ق42.1b | ر.ق22.2b | 14.3x | 14.7x | 7.8x |
| Tue, 14 Jun 2022 | ر.ق341.1b | ر.ق41.0b | ر.ق22.2b | 14.8x | 15.3x | 8.3x |
| Thu, 12 May 2022 | ر.ق391.4b | ر.ق41.0b | ر.ق22.3b | 15.6x | 17.6x | 9.6x |
| Sat, 09 Apr 2022 | ر.ق404.9b | ر.ق40.2b | ر.ق21.8b | 16.7x | 18.6x | 10.1x |
| Mon, 07 Mar 2022 | ر.ق389.6b | ر.ق41.2b | ر.ق22.4b | 14.2x | 17.4x | 9.5x |
| Wed, 02 Feb 2022 | ر.ق366.8b | ر.ق41.2b | ر.ق22.3b | 14.6x | 16.4x | 8.9x |
| Fri, 31 Dec 2021 | ر.ق342.7b | ر.ق40.6b | ر.ق22.2b | 13.7x | 15.4x | 8.4x |
| Sun, 28 Nov 2021 | ر.ق339.0b | ر.ق40.6b | ر.ق22.2b | 13.7x | 15.3x | 8.4x |
Price to Earnings Ratio
15.3x
Current Industry PE
- Investors are pessimistic on the Qatari Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.6x which is lower than its 3-year average PE of 12.9x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 7.9% per year over the last three years.
- Revenues for these companies have grown 19% 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 | 0.12% | |
| Financials | -0.17% | |
| Banks | -0.15% | |
| Diversified Banks | -0.076% | |
| Regional Banks | -1.10% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 19.1x.
- Analysts are expecting annual earnings growth of 11.6%, which is lower than the prior year's growth of 42.6% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 12.7x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 43% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 6.9% 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.ق17.10 | 0.3% +ر.ق461.8m | 8.2% | PB1.4x | |
| QIIK Qatar International Islamic Bank (Q.P.S.C) | ر.ق10.66 | 1.7% +ر.ق272.5m | 6.3% | PB1.7x | |
| CBQK Commercial Bank (P.S.Q.C.) | ر.ق4.15 | 0.9% +ر.ق145.7m | -22.7% | PB0.6x |