Qatari (QE) Banks Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies9
- 7D-2.4%
- 3M-11.4%
- 1Y-6.2%
- YTD-14.4%
Over the last 7 days, the Banks industry has dropped 1.7%, driven by Qatar National Bank (Q.P.S.C.) declining 2.5%. However, the industry is down 4.8% over the past year. Earnings are forecast to grow by 7.4% 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, 25 Apr 2024 | ر.ق261.4b | ر.ق66.7b | ر.ق27.1b | 11.7x | 9.6x | 3.9x |
| Sat, 23 Mar 2024 | ر.ق279.9b | ر.ق64.0b | ر.ق26.5b | 12.7x | 10.5x | 4.4x |
| Mon, 19 Feb 2024 | ر.ق284.1b | ر.ق64.0b | ر.ق26.5b | 13.1x | 10.7x | 4.4x |
| Wed, 17 Jan 2024 | ر.ق299.3b | ر.ق61.7b | ر.ق25.8b | 12.5x | 11.6x | 4.9x |
| Fri, 15 Dec 2023 | ر.ق280.7b | ر.ق61.7b | ر.ق25.6b | 12.5x | 11x | 4.6x |
| Sun, 12 Nov 2023 | ر.ق283.5b | ر.ق61.7b | ر.ق25.6b | 12.3x | 11.1x | 4.6x |
| Tue, 10 Oct 2023 | ر.ق270.1b | ر.ق56.9b | ر.ق25.0b | 12.6x | 10.8x | 4.7x |
| Thu, 07 Sep 2023 | ر.ق279.7b | ر.ق56.9b | ر.ق25.1b | 12.6x | 11.2x | 4.9x |
| Sat, 05 Aug 2023 | ر.ق306.5b | ر.ق56.9b | ر.ق25.0b | 13.8x | 12.2x | 5.4x |
| Mon, 03 Jul 2023 | ر.ق287.2b | ر.ق54.8b | ر.ق24.8b | 13.4x | 11.6x | 5.2x |
| Wed, 31 May 2023 | ر.ق290.8b | ر.ق54.2b | ر.ق24.7b | 14x | 11.8x | 5.4x |
| Fri, 28 Apr 2023 | ر.ق279.1b | ر.ق50.6b | ر.ق23.7b | 12.3x | 11.8x | 5.5x |
| Sun, 26 Mar 2023 | ر.ق283.1b | ر.ق48.0b | ر.ق23.5b | 12.4x | 12x | 5.9x |
| Tue, 21 Feb 2023 | ر.ق286.2b | ر.ق48.0b | ر.ق23.5b | 13.1x | 12.2x | 6x |
| Thu, 19 Jan 2023 | ر.ق281.7b | ر.ق46.9b | ر.ق23.3b | 11.3x | 12.1x | 6x |
| Sat, 17 Dec 2022 | ر.ق294.7b | ر.ق44.8b | ر.ق22.6b | 12.9x | 13.1x | 6.6x |
| Mon, 14 Nov 2022 | ر.ق341.9b | ر.ق44.8b | ر.ق22.6b | 14.6x | 15.2x | 7.6x |
| Wed, 12 Oct 2022 | ر.ق342.2b | ر.ق44.1b | ر.ق22.8b | 14.1x | 15x | 7.8x |
| Fri, 09 Sep 2022 | ر.ق343.3b | ر.ق42.6b | ر.ق22.3b | 14.7x | 15.4x | 8.1x |
| Sun, 07 Aug 2022 | ر.ق366.8b | ر.ق42.6b | ر.ق22.3b | 14.9x | 16.4x | 8.6x |
| Tue, 05 Jul 2022 | ر.ق338.5b | ر.ق41.0b | ر.ق22.2b | 14.9x | 15.2x | 8.3x |
| Thu, 02 Jun 2022 | ر.ق358.7b | ر.ق41.0b | ر.ق22.2b | 15.3x | 16.1x | 8.8x |
| Sat, 30 Apr 2022 | ر.ق390.7b | ر.ق40.8b | ر.ق22.2b | 15.9x | 17.6x | 9.6x |
| Mon, 28 Mar 2022 | ر.ق391.4b | ر.ق41.2b | ر.ق22.4b | 14.1x | 17.4x | 9.5x |
| Wed, 23 Feb 2022 | ر.ق357.8b | ر.ق41.1b | ر.ق22.4b | 14x | 16x | 8.7x |
| Fri, 21 Jan 2022 | ر.ق368.0b | ر.ق41.3b | ر.ق22.8b | 14.2x | 16.1x | 8.9x |
| Sun, 19 Dec 2021 | ر.ق342.3b | ر.ق40.6b | ر.ق22.2b | 13.8x | 15.4x | 8.4x |
| Tue, 16 Nov 2021 | ر.ق343.9b | ر.ق40.6b | ر.ق22.2b | 13.8x | 15.5x | 8.5x |
| Thu, 14 Oct 2021 | ر.ق325.3b | ر.ق40.1b | ر.ق21.4b | 15.3x | 15.2x | 8.1x |
| Sat, 11 Sep 2021 | ر.ق319.5b | ر.ق39.7b | ر.ق21.0b | 15x | 15.2x | 8.1x |
| Mon, 09 Aug 2021 | ر.ق309.4b | ر.ق39.7b | ر.ق21.0b | 14.9x | 14.7x | 7.8x |
| Sun, 02 May 2021 | ر.ق302.1b | ر.ق38.9b | ر.ق19.9b | 15.2x | 15.2x | 7.8x |
Price to Earnings Ratio
15.2x
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 9.7x which is lower than its 3-year average PE of 13.8x.
- The 3-year average PS ratio of 6.9x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 11% 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 | -1.76% | |
| Financials | -2.27% | |
| Banks | -2.36% | |
| Regional Banks | 0.19% | |
| Diversified Banks | -2.58% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 19.9x.
- Analysts are expecting annual earnings growth of 10.1%, which is lower than the prior year's growth of 22.2% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 13.7x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 10% over the next 5 years.
- However this is lower than its past earnings growth rate of 22% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.1% 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 | |
|---|---|---|---|---|---|
| CBQK Commercial Bank (P.S.Q.C.) | ر.ق4.26 | 0.3% +ر.ق56.7m | -26.5% | PB0.7x | |
| DUBK Dukhan Bank Q.P.S.C | ر.ق3.90 | 0.2% +ر.ق41.6m | 22.4% | PB1.4x | |
| DHBK Doha Bank Q.P.S.C | ر.ق1.50 | 0.07% +ر.ق3.1m | -6.7% | PB0.3x |