Qatari (QE) Banks Industry Analysis
UpdatedJul 27, 2024
DataAggregated Company Financials
Companies9
- 7D1.8%
- 3M5.4%
- 1Y-10.1%
- YTD-9.8%
The Banks industry is up 1.8% in the last week, with Qatar National Bank (Q.P.S.C.) up 3.3%. In the past year, the industry is down 10%. Looking forward, earnings are forecast to grow by 7.6% 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 |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | ر.ق275.6b | ر.ق68.9b | ر.ق27.6b | 11.8x | 10x | 4x |
| Mon, 24 Jun 2024 | ر.ق261.0b | ر.ق67.3b | ر.ق27.2b | 11.7x | 9.6x | 3.9x |
| Wed, 22 May 2024 | ر.ق260.8b | ر.ق67.3b | ر.ق27.2b | 11.7x | 9.6x | 3.9x |
| Fri, 19 Apr 2024 | ر.ق265.4b | ر.ق66.3b | ر.ق26.8b | 11.9x | 9.9x | 4x |
| Sun, 17 Mar 2024 | ر.ق282.0b | ر.ق64.0b | ر.ق26.5b | 12.7x | 10.6x | 4.4x |
| Tue, 13 Feb 2024 | ر.ق276.4b | ر.ق64.0b | ر.ق26.6b | 12.7x | 10.4x | 4.3x |
| Thu, 11 Jan 2024 | ر.ق299.5b | ر.ق61.7b | ر.ق25.6b | 13.6x | 11.7x | 4.9x |
| Sat, 09 Dec 2023 | ر.ق283.0b | ر.ق61.7b | ر.ق25.6b | 11.8x | 11.1x | 4.6x |
| Mon, 06 Nov 2023 | ر.ق277.6b | ر.ق61.7b | ر.ق25.5b | 11.8x | 10.9x | 4.5x |
| Wed, 04 Oct 2023 | ر.ق280.2b | ر.ق56.9b | ر.ق25.0b | 12.9x | 11.2x | 4.9x |
| Fri, 01 Sep 2023 | ر.ق287.0b | ر.ق56.9b | ر.ق25.1b | 12.8x | 11.5x | 5x |
| Sun, 30 Jul 2023 | ر.ق306.7b | ر.ق56.9b | ر.ق25.0b | 13.8x | 12.2x | 5.4x |
| Tue, 27 Jun 2023 | ر.ق283.5b | ر.ق54.8b | ر.ق24.8b | 13.4x | 11.4x | 5.2x |
| Thu, 25 May 2023 | ر.ق295.8b | ر.ق54.2b | ر.ق24.7b | 14x | 12x | 5.5x |
| Sat, 22 Apr 2023 | ر.ق275.3b | ر.ق50.5b | ر.ق23.6b | 12.2x | 11.7x | 5.5x |
| Mon, 20 Mar 2023 | ر.ق280.6b | ر.ق48.0b | ر.ق23.5b | 12.1x | 11.9x | 5.8x |
| Wed, 15 Feb 2023 | ر.ق272.9b | ر.ق48.1b | ر.ق23.6b | 11.2x | 11.6x | 5.7x |
| Fri, 13 Jan 2023 | ر.ق298.6b | ر.ق46.4b | ر.ق24.0b | 12.1x | 12.4x | 6.4x |
| Sun, 11 Dec 2022 | ر.ق309.0b | ر.ق44.8b | ر.ق22.6b | 13.6x | 13.7x | 6.9x |
| Tue, 08 Nov 2022 | ر.ق345.8b | ر.ق44.8b | ر.ق22.6b | 14.5x | 15.3x | 7.7x |
| Thu, 06 Oct 2022 | ر.ق352.8b | ر.ق42.6b | ر.ق22.3b | 14.9x | 15.8x | 8.3x |
| Sat, 03 Sep 2022 | ر.ق352.0b | ر.ق42.6b | ر.ق22.3b | 14.9x | 15.8x | 8.3x |
| Mon, 01 Aug 2022 | ر.ق360.6b | ر.ق42.6b | ر.ق22.3b | 14.8x | 16.2x | 8.5x |
| Wed, 29 Jun 2022 | ر.ق343.9b | ر.ق41.0b | ر.ق22.2b | 14.7x | 15.5x | 8.4x |
| Fri, 27 May 2022 | ر.ق360.8b | ر.ق41.0b | ر.ق22.2b | 15.1x | 16.2x | 8.8x |
| Sun, 24 Apr 2022 | ر.ق396.8b | ر.ق40.8b | ر.ق22.2b | 15.7x | 17.9x | 9.7x |
| Tue, 22 Mar 2022 | ر.ق383.1b | ر.ق41.2b | ر.ق22.4b | 14.4x | 17.1x | 9.3x |
| Thu, 17 Feb 2022 | ر.ق360.8b | ر.ق41.1b | ر.ق22.4b | 14.2x | 16.1x | 8.8x |
| Sat, 15 Jan 2022 | ر.ق360.1b | ر.ق41.1b | ر.ق22.6b | 14.9x | 15.9x | 8.8x |
| Mon, 13 Dec 2021 | ر.ق341.8b | ر.ق40.6b | ر.ق22.2b | 12.5x | 15.4x | 8.4x |
| Wed, 10 Nov 2021 | ر.ق343.4b | ر.ق40.6b | ر.ق22.2b | 13.6x | 15.5x | 8.5x |
| Fri, 08 Oct 2021 | ر.ق323.9b | ر.ق39.7b | ر.ق21.0b | 15.4x | 15.4x | 8.2x |
| Sun, 05 Sep 2021 | ر.ق318.7b | ر.ق39.7b | ر.ق21.0b | 15.2x | 15.1x | 8x |
| Tue, 03 Aug 2021 | ر.ق305.4b | ر.ق39.7b | ر.ق21.0b | 14.7x | 14.5x | 7.7x |
Price to Earnings Ratio
14.5x
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 10.0x which is lower than its 3-year average PE of 13.4x.
- The 3-year average PS ratio of 6.6x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 9.4% per year over the last three years.
- Revenues for these companies have grown 20% 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 | 0.81% | |
| Financials | 1.74% | |
| Banks | 1.81% | |
| Diversified Banks | 1.99% | |
| Regional Banks | -0.30% | |
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 11.5%, which is lower than the prior year's growth of 28.4% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 13.2x.
Forecasted Growth
- Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.3% 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.ق15.27 | 3.3% +ر.ق4.5b | -9.1% | PB1.3x | |
| QIIK Qatar International Islamic Bank (Q.P.S.C) | ر.ق10.55 | 1.3% +ر.ق211.9m | 1.3% | PB1.7x | |
| ABQK Ahli Bank Q.P.S.C | ر.ق3.78 | 2.2% +ر.ق204.1m | -5.5% | PB1.2x | |
| MARK Masraf Al Rayan (Q.P.S.C.) | ر.ق2.33 | 0.4% +ر.ق93.0m | -7.1% | PB0.9x | |
| CBQK Commercial Bank (P.S.Q.C.) | ر.ق4.09 | 0.5% +ر.ق80.9m | -34.1% | PB0.7x |