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Qatari (QE) Diversified Banks Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies7
- 7D1.3%
- 3M12.5%
- 1Y2.8%
- YTDn/a
Qatar Islamic Bank (Q.P.S.C.) is up 1.4%, leading the way for the Diversified Banks industry, which has gained 1.3%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 7.0% 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 |
|---|---|---|---|---|---|---|
| Sun, 08 Sep 2024 | ر.ق264.6b | ر.ق62.6b | ر.ق26.2b | 11.3x | 10.1x | 4.2x |
| Tue, 06 Aug 2024 | ر.ق256.4b | ر.ق62.6b | ر.ق26.2b | 11x | 9.8x | 4.1x |
| Thu, 04 Jul 2024 | ر.ق250.8b | ر.ق61.1b | ر.ق25.8b | 11x | 9.7x | 4.1x |
| Sat, 01 Jun 2024 | ر.ق230.8b | ر.ق61.1b | ر.ق25.8b | 9.8x | 8.9x | 3.8x |
| Mon, 29 Apr 2024 | ر.ق239.9b | ر.ق60.9b | ر.ق25.8b | 10.3x | 9.3x | 3.9x |
| Wed, 27 Mar 2024 | ر.ق251.4b | ر.ق58.1b | ر.ق25.2b | 11.2x | 10x | 4.3x |
| Fri, 23 Feb 2024 | ر.ق261.9b | ر.ق58.0b | ر.ق25.2b | 11.7x | 10.4x | 4.5x |
| Sun, 21 Jan 2024 | ر.ق272.7b | ر.ق56.7b | ر.ق24.6b | 11.4x | 11.1x | 4.8x |
| Tue, 19 Dec 2023 | ر.ق258.8b | ر.ق56.2b | ر.ق24.3b | 11.2x | 10.7x | 4.6x |
| Thu, 16 Nov 2023 | ر.ق267.1b | ر.ق56.2b | ر.ق24.3b | 11.6x | 11x | 4.8x |
| Sat, 14 Oct 2023 | ر.ق261.6b | ر.ق54.5b | ر.ق24.0b | 11x | 10.9x | 4.8x |
| Mon, 11 Sep 2023 | ر.ق258.9b | ر.ق52.5b | ر.ق23.7b | 11.5x | 10.9x | 4.9x |
| Wed, 09 Aug 2023 | ر.ق281.6b | ر.ق52.5b | ر.ق23.7b | 12x | 11.9x | 5.4x |
| Fri, 07 Jul 2023 | ر.ق269.2b | ر.ق50.4b | ر.ق23.4b | 11.1x | 11.5x | 5.3x |
| Sun, 04 Jun 2023 | ر.ق267.7b | ر.ق50.3b | ر.ق23.4b | 11x | 11.4x | 5.3x |
| Tue, 02 May 2023 | ر.ق264.4b | ر.ق50.4b | ر.ق23.6b | 10.8x | 11.2x | 5.2x |
| Thu, 30 Mar 2023 | ر.ق289.3b | ر.ق48.1b | ر.ق23.5b | 11.3x | 12.3x | 6x |
| Sat, 25 Feb 2023 | ر.ق288.3b | ر.ق47.9b | ر.ق23.4b | 11.3x | 12.3x | 6x |
| Mon, 23 Jan 2023 | ر.ق293.4b | ر.ق46.8b | ر.ق22.9b | 12.5x | 12.8x | 6.3x |
| Wed, 21 Dec 2022 | ر.ق297.3b | ر.ق44.6b | ر.ق22.4b | 13.2x | 13.3x | 6.7x |
| Fri, 18 Nov 2022 | ر.ق328.5b | ر.ق44.6b | ر.ق22.4b | 14.4x | 14.7x | 7.4x |
| Sun, 16 Oct 2022 | ر.ق339.7b | ر.ق43.9b | ر.ق22.6b | 14.3x | 15x | 7.7x |
| Tue, 13 Sep 2022 | ر.ق352.4b | ر.ق42.4b | ر.ق22.2b | 15.1x | 15.9x | 8.3x |
| Thu, 11 Aug 2022 | ر.ق374.1b | ر.ق42.4b | ر.ق22.2b | 16.2x | 16.9x | 8.8x |
| Sat, 09 Jul 2022 | ر.ق331.3b | ر.ق40.8b | ر.ق22.1b | 14.5x | 15x | 8.1x |
| Mon, 06 Jun 2022 | ر.ق352.8b | ر.ق40.8b | ر.ق22.1b | 14.9x | 16x | 8.6x |
| Wed, 04 May 2022 | ر.ق389.6b | ر.ق40.7b | ر.ق22.0b | 17.2x | 17.7x | 9.6x |
| Fri, 01 Apr 2022 | ر.ق382.6b | ر.ق39.9b | ر.ق21.6b | 16.8x | 17.7x | 9.6x |
| Sun, 27 Feb 2022 | ر.ق356.2b | ر.ق40.9b | ر.ق22.3b | 14.8x | 16x | 8.7x |
| Tue, 25 Jan 2022 | ر.ق366.0b | ر.ق41.5b | ر.ق22.7b | 14.8x | 16.1x | 8.8x |
| Thu, 23 Dec 2021 | ر.ق341.7b | ر.ق40.4b | ر.ق22.1b | 14.3x | 15.5x | 8.5x |
| Sat, 20 Nov 2021 | ر.ق342.2b | ر.ق40.4b | ر.ق22.1b | 14.5x | 15.5x | 8.5x |
| Mon, 18 Oct 2021 | ر.ق330.2b | ر.ق40.0b | ر.ق21.4b | 15.1x | 15.5x | 8.3x |
| Wed, 15 Sep 2021 | ر.ق316.6b | ر.ق39.5b | ر.ق21.0b | 14.6x | 15.1x | 8x |
Price to Earnings Ratio
15.1x
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 10.1x which is lower than its 3-year average PE of 13.0x.
- The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 7.8% per year over the last three years.
- Revenues for these companies have grown 17% 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 | 0.94% | |
| Financials | 1.16% | |
| Banks | 1.20% | |
| Diversified Banks | 1.29% | |
| Regional Banks | 0.046% | |
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 | |
|---|---|---|---|---|---|
| QIBK Qatar Islamic Bank (Q.P.S.C.) | ر.ق19.84 | 1.4% +ر.ق661.6m | 2.9% | PB1.6x | |
| CBQK Commercial Bank (P.S.Q.C.) | ر.ق4.28 | 3.3% +ر.ق558.5m | -22.8% | PB0.7x | |
| QIIK Qatar International Islamic Bank (Q.P.S.C) | ر.ق10.98 | 1.7% +ر.ق272.5m | 10.6% | PB1.8x | |
| MARK Masraf Al Rayan (Q.P.S.C.) | ر.ق2.36 | 0.9% +ر.ق204.6m | 7.4% | PB0.9x | |
| DHBK Doha Bank Q.P.S.C | ر.ق1.60 | 1.3% +ر.ق65.1m | -4.5% | PB0.3x |