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Qatari (QE) Diversified Banks Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies7
- 7D-0.08%
- 3M7.8%
- 1Y4.4%
- YTDn/a
In the last week, Diversified Banks has been flat. The past year has been better, since the industry has gained 3.6% in that time. Looking forward, earnings are forecast to grow by 6.9% annually.
Industry Valuation and Performance
Has the Qatari Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ر.ق277.5b | ر.ق62.4b | ر.ق26.5b | 11.1x | 10.5x | 4.4x |
| Sat, 19 Oct 2024 | ر.ق287.0b | ر.ق62.4b | ر.ق26.7b | 11.6x | 10.8x | 4.6x |
| Mon, 16 Sep 2024 | ر.ق271.6b | ر.ق62.6b | ر.ق26.2b | 11.5x | 10.4x | 4.3x |
| Wed, 14 Aug 2024 | ر.ق258.4b | ر.ق62.6b | ر.ق26.2b | 11x | 9.9x | 4.1x |
| Fri, 12 Jul 2024 | ر.ق254.1b | ر.ق62.0b | ر.ق26.1b | 11.3x | 9.7x | 4.1x |
| Sun, 09 Jun 2024 | ر.ق235.2b | ر.ق61.1b | ر.ق25.8b | 10.1x | 9.1x | 3.9x |
| Tue, 07 May 2024 | ر.ق240.3b | ر.ق61.1b | ر.ق25.8b | 10.2x | 9.3x | 3.9x |
| Thu, 04 Apr 2024 | ر.ق240.6b | ر.ق58.1b | ر.ق25.2b | 10.5x | 9.5x | 4.1x |
| Sat, 02 Mar 2024 | ر.ق264.3b | ر.ق58.0b | ر.ق25.2b | 11.7x | 10.5x | 4.6x |
| Mon, 29 Jan 2024 | ر.ق273.0b | ر.ق57.8b | ر.ق25.5b | 11.5x | 10.7x | 4.7x |
| Wed, 27 Dec 2023 | ر.ق272.4b | ر.ق56.2b | ر.ق24.3b | 12.5x | 11.2x | 4.8x |
| Fri, 24 Nov 2023 | ر.ق266.1b | ر.ق56.2b | ر.ق24.3b | 11.7x | 11x | 4.7x |
| Sun, 22 Oct 2023 | ر.ق253.3b | ر.ق55.1b | ر.ق24.1b | 10.5x | 10.5x | 4.6x |
| Tue, 19 Sep 2023 | ر.ق257.1b | ر.ق52.5b | ر.ق23.7b | 11.2x | 10.8x | 4.9x |
| Thu, 17 Aug 2023 | ر.ق277.8b | ر.ق52.5b | ر.ق23.7b | 12x | 11.7x | 5.3x |
| Sat, 15 Jul 2023 | ر.ق263.6b | ر.ق50.8b | ر.ق23.7b | 10.9x | 11.1x | 5.2x |
| Mon, 12 Jun 2023 | ر.ق268.6b | ر.ق50.4b | ر.ق23.4b | 11x | 11.5x | 5.3x |
| Wed, 10 May 2023 | ر.ق282.5b | ر.ق50.3b | ر.ق23.4b | 11.6x | 12.1x | 5.6x |
| Fri, 07 Apr 2023 | ر.ق272.6b | ر.ق48.1b | ر.ق23.4b | 11.5x | 11.7x | 5.7x |
| Sun, 05 Mar 2023 | ر.ق291.2b | ر.ق47.9b | ر.ق23.4b | 11.5x | 12.4x | 6.1x |
| Tue, 31 Jan 2023 | ر.ق302.3b | ر.ق47.1b | ر.ق23.4b | 12.9x | 12.9x | 6.4x |
| Thu, 29 Dec 2022 | ر.ق294.8b | ر.ق44.6b | ر.ق22.4b | 13x | 13.2x | 6.6x |
| Sat, 26 Nov 2022 | ر.ق323.5b | ر.ق44.6b | ر.ق22.4b | 14.4x | 14.4x | 7.2x |
| Mon, 24 Oct 2022 | ر.ق336.9b | ر.ق44.2b | ر.ق22.6b | 14.3x | 14.9x | 7.6x |
| Wed, 21 Sep 2022 | ر.ق347.9b | ر.ق42.4b | ر.ق22.2b | 14.9x | 15.7x | 8.2x |
| Fri, 19 Aug 2022 | ر.ق386.9b | ر.ق42.4b | ر.ق22.2b | 16.8x | 17.5x | 9.1x |
| Sun, 17 Jul 2022 | ر.ق326.3b | ر.ق41.9b | ر.ق22.0b | 14.5x | 14.8x | 7.8x |
| Tue, 14 Jun 2022 | ر.ق340.2b | ر.ق40.8b | ر.ق22.1b | 15.2x | 15.4x | 8.3x |
| Thu, 12 May 2022 | ر.ق390.3b | ر.ق40.8b | ر.ق22.1b | 17x | 17.6x | 9.6x |
| Sat, 09 Apr 2022 | ر.ق403.8b | ر.ق39.9b | ر.ق21.6b | 17.7x | 18.7x | 10.1x |
| Mon, 07 Mar 2022 | ر.ق388.4b | ر.ق40.9b | ر.ق22.3b | 14.8x | 17.4x | 9.5x |
| Wed, 02 Feb 2022 | ر.ق365.5b | ر.ق41.0b | ر.ق22.2b | 14.7x | 16.5x | 8.9x |
| Fri, 31 Dec 2021 | ر.ق341.5b | ر.ق40.4b | ر.ق22.1b | 14.7x | 15.5x | 8.5x |
| Sun, 28 Nov 2021 | ر.ق337.7b | ر.ق40.4b | ر.ق22.1b | 14.5x | 15.3x | 8.4x |
Price to Earnings Ratio
15.3x
Current Industry PE
- Investors are pessimistic on the Qatari Diversified 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 10.4x which is lower than its 3-year average PE of 12.7x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 6.3% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Qatari Diversified Banks compare with similar industries?
| QA Market | 0.12% | |
| Financials | -0.17% | |
| Banks | -0.15% | |
| Diversified Banks | -0.076% | |
| Regional Banks | -1.10% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 |