Header cover image

Qatari (QE) Banks Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies9
  • 7D1.7%
  • 3M6.6%
  • 1Y15.5%
  • YTD5.3%

In the last week, the Banks industry is up 2.9%, with Qatar National Bank (Q.P.S.C.) up 2.2%. This means that the industry has gained 16% over the past year. As for the next few years, earnings are expected to grow by 9.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026ر.ق338.3bر.ق69.9bر.ق28.5b12.1x11.9x4.8x
Sat, 13 Dec 2025ر.ق323.8bر.ق69.9bر.ق28.5b11.3x11.4x4.6x
Mon, 10 Nov 2025ر.ق322.1bر.ق69.9bر.ق28.5b11.7x11.3x4.6x
Wed, 08 Oct 2025ر.ق317.8bر.ق69.5bر.ق28.7b12.3x11.1x4.6x
Fri, 05 Sep 2025ر.ق325.2bر.ق69.5bر.ق28.7b12.6x11.3x4.7x
Sun, 03 Aug 2025ر.ق326.1bر.ق69.5bر.ق28.7b12.8x11.4x4.7x
Tue, 01 Jul 2025ر.ق307.6bر.ق69.3bر.ق28.5b11.9x10.8x4.4x
Thu, 29 May 2025ر.ق301.3bر.ق69.3bر.ق28.5b11.5x10.6x4.3x
Sat, 26 Apr 2025ر.ق287.1bر.ق69.3bر.ق28.5b10.7x10.1x4.1x
Mon, 24 Mar 2025ر.ق284.6bر.ق69.2bر.ق28.4b10.9x10x4.1x
Wed, 19 Feb 2025ر.ق297.1bر.ق69.2bر.ق28.4b11.5x10.5x4.3x
Fri, 17 Jan 2025ر.ق295.4bر.ق70.3bر.ق28.6b10.7x10.3x4.2x
Sun, 15 Dec 2024ر.ق301.9bر.ق69.0bر.ق27.9b11.5x10.8x4.4x
Tue, 12 Nov 2024ر.ق302.0bر.ق69.0bر.ق27.9b11.6x10.8x4.4x
Thu, 10 Oct 2024ر.ق300.6bر.ق68.9bر.ق27.6b11.8x10.9x4.4x
Sat, 07 Sep 2024ر.ق285.9bر.ق68.9bر.ق27.6b11.6x10.4x4.1x
Mon, 05 Aug 2024ر.ق276.7bر.ق68.9bر.ق27.6b11.6x10x4x
Wed, 03 Jul 2024ر.ق270.2bر.ق67.3bر.ق27.2b11.9x9.9x4x
Fri, 31 May 2024ر.ق250.6bر.ق67.3bر.ق27.2b11x9.2x3.7x
Sun, 28 Apr 2024ر.ق261.4bر.ق67.1bر.ق27.1b11.7x9.6x3.9x
Tue, 26 Mar 2024ر.ق273.7bر.ق64.0bر.ق26.5b12.2x10.3x4.3x
Thu, 22 Feb 2024ر.ق286.2bر.ق64.0bر.ق26.5b12.4x10.8x4.5x
Sat, 20 Jan 2024ر.ق295.0bر.ق62.1bر.ق26.1b12.8x11.3x4.7x
Mon, 18 Dec 2023ر.ق281.2bر.ق61.7bر.ق25.6b12.5x11x4.6x
Wed, 15 Nov 2023ر.ق284.1bر.ق61.7bر.ق25.6b12.3x11.1x4.6x
Fri, 13 Oct 2023ر.ق282.9bر.ق59.0bر.ق25.3b12.6x11.2x4.8x
Sun, 10 Sep 2023ر.ق280.9bر.ق56.9bر.ق25.1b12.6x11.2x4.9x
Tue, 08 Aug 2023ر.ق307.5bر.ق56.9bر.ق25.0b13.8x12.3x5.4x
Thu, 06 Jul 2023ر.ق290.1bر.ق54.8bر.ق24.8b13.4x11.7x5.3x
Sat, 03 Jun 2023ر.ق289.1bر.ق54.2bر.ق24.7b14x11.7x5.3x
Mon, 01 May 2023ر.ق279.1bر.ق50.6bر.ق23.7b12.3x11.8x5.5x
Wed, 29 Mar 2023ر.ق294.0bر.ق48.0bر.ق23.5b12.6x12.5x6.1x
Fri, 24 Feb 2023ر.ق289.3bر.ق48.0bر.ق23.5b12.5x12.3x6x
Sun, 22 Jan 2023ر.ق290.1bر.ق46.9bر.ق23.1b12x12.6x6.2x
Price to Earnings Ratio

12.6x


Total Market Cap: ر.ق290.1bTotal Earnings: ر.ق23.1bTotal Revenue: ر.ق46.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Qatari Banks Industry Price to Earnings3Y Average 11x202420252026
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 11.0x.
  • 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 7.2% 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 industry?

QA Market1.13%
Financials1.63%
Banks1.65%
Diversified Banks1.78%
Regional Banks-0.29%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 21.4x.
    • Analysts are expecting annual earnings growth of 11.7%, which is lower than the prior year's growth of 18.2% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.7x.
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 18% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 9.3% 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
QNBK Qatar National Bank (Q.P.S.C.)ر.ق20.042.2%
+ر.ق4.0b
19.1%PB1.5x
QIBK Qatar Islamic Bank (Q.P.S.C.)ر.ق25.151.9%
+ر.ق1.1b
21.2%PB1.8x
MARK AlRayan Bank Q.P.S.Cر.ق2.292.1%
+ر.ق437.1m
-5.2%PB0.8x
CBQK Commercial Bank (P.S.Q.C.)ر.ق4.501.2%
+ر.ق222.6m
6.6%PB0.7x
QIIK Qatar International Islamic Bank (Q.P.S.C)ر.ق11.630.7%
+ر.ق121.1m
11.3%PB1.8x

Latest News