Here's Why Arab National Bank (TADAWUL:1080) Has Caught The Eye Of Investors
Jul 22
Saudi Arabian (Tadawul) Diversified Banks Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies10
- 7D-1.4%
- 3M1.9%
- 1Y-1.3%
- YTDn/a
The Diversified Banks industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 9.8% annually.
Industry Valuation and Performance
Has the Saudi Arabian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ر.س957.0b | ر.س123.6b | ر.س68.6b | 11.2x | 13.9x | 7.7x |
| Sun, 23 Jun 2024 | ر.س911.2b | ر.س123.6b | ر.س68.6b | 10.8x | 13.3x | 7.4x |
| Tue, 21 May 2024 | ر.س920.0b | ر.س123.6b | ر.س68.6b | 11x | 13.4x | 7.4x |
| Thu, 18 Apr 2024 | ر.س966.2b | ر.س121.5b | ر.س67.3b | 11.7x | 14.4x | 8x |
| Sat, 16 Mar 2024 | ر.س1.0t | ر.س121.5b | ر.س67.3b | 12.1x | 15x | 8.3x |
| Mon, 12 Feb 2024 | ر.س1.0t | ر.س119.6b | ر.س66.7b | 12.4x | 15.3x | 8.5x |
| Wed, 10 Jan 2024 | ر.س1.0t | ر.س119.3b | ر.س66.6b | 12.7x | 15.2x | 8.5x |
| Fri, 08 Dec 2023 | ر.س878.7b | ر.س119.3b | ر.س66.6b | 10.8x | 13.2x | 7.4x |
| Sun, 05 Nov 2023 | ر.س863.0b | ر.س119.3b | ر.س67.0b | 11.2x | 12.9x | 7.2x |
| Tue, 03 Oct 2023 | ر.س848.7b | ر.س116.6b | ر.س65.3b | 11.5x | 13x | 7.3x |
| Thu, 31 Aug 2023 | ر.س905.3b | ر.س116.6b | ر.س65.3b | 12.2x | 13.9x | 7.8x |
| Sat, 29 Jul 2023 | ر.س969.2b | ر.س114.1b | ر.س64.3b | 14.7x | 15.1x | 8.5x |
| Mon, 26 Jun 2023 | ر.س916.5b | ر.س113.2b | ر.س63.6b | 13.9x | 14.4x | 8.1x |
| Wed, 24 May 2023 | ر.س926.4b | ر.س115.7b | ر.س62.5b | 15.2x | 14.8x | 8x |
| Fri, 21 Apr 2023 | ر.س924.2b | ر.س109.7b | ر.س61.4b | 14.7x | 15.1x | 8.4x |
| Sun, 19 Mar 2023 | ر.س816.6b | ر.س109.3b | ر.س60.5b | 13x | 13.5x | 7.5x |
| Tue, 14 Feb 2023 | ر.س896.6b | ر.س106.7b | ر.س59.0b | 14.7x | 15.2x | 8.4x |
| Thu, 12 Jan 2023 | ر.س919.9b | ر.س105.5b | ر.س57.2b | 15.8x | 16.1x | 8.7x |
| Sat, 10 Dec 2022 | ر.س909.8b | ر.س105.5b | ر.س57.2b | 16.2x | 15.9x | 8.6x |
| Mon, 07 Nov 2022 | ر.س1.1t | ر.س105.4b | ر.س57.2b | 18.2x | 18.5x | 10x |
| Wed, 05 Oct 2022 | ر.س1.1t | ر.س101.5b | ر.س54.2b | 19.2x | 19.8x | 10.6x |
| Fri, 02 Sep 2022 | ر.س1.1t | ر.س101.5b | ر.س54.2b | 19.3x | 20.6x | 11x |
| Sun, 31 Jul 2022 | ر.س1.1t | ر.س96.6b | ر.س50.5b | 22.3x | 22.6x | 11.8x |
| Tue, 28 Jun 2022 | ر.س1.1t | ر.س96.6b | ر.س50.5b | 21x | 20.9x | 10.9x |
| Thu, 26 May 2022 | ر.س1.1t | ر.س96.6b | ر.س50.5b | 22.4x | 22.3x | 11.7x |
| Sat, 23 Apr 2022 | ر.س1.3t | ر.س92.1b | ر.س47.8b | 26.3x | 26.8x | 13.9x |
| Mon, 21 Mar 2022 | ر.س1.2t | ر.س92.5b | ر.س48.1b | 22.5x | 24.2x | 12.6x |
| Wed, 16 Feb 2022 | ر.س1.1t | ر.س91.2b | ر.س46.4b | 22.2x | 24.2x | 12.3x |
| Fri, 14 Jan 2022 | ر.س1.1t | ر.س86.9b | ر.س44.4b | 23.2x | 24.5x | 12.5x |
| Sun, 12 Dec 2021 | ر.س944.4b | ر.س86.9b | ر.س44.4b | 19.2x | 21.3x | 10.9x |
| Tue, 09 Nov 2021 | ر.س1.0t | ر.س86.9b | ر.س44.4b | 20.2x | 23x | 11.8x |
| Thu, 07 Oct 2021 | ر.س954.9b | ر.س82.5b | ر.س42.0b | 20.5x | 22.7x | 11.6x |
| Sat, 04 Sep 2021 | ر.س910.2b | ر.س82.5b | ر.س42.0b | 19.8x | 21.7x | 11x |
| Mon, 02 Aug 2021 | ر.س864.3b | ر.س82.5b | ر.س42.0b | 18.2x | 20.6x | 10.5x |
Price to Earnings Ratio
20.6x
Current Industry PE
- Investors are pessimistic on the Saudi 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 14.0x which is lower than its 3-year average PE of 17.9x.
- The 3-year average PS ratio of 9.6x is higher than the industry's current PS ratio of 7.8x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 18% 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 Comparison
How does Saudi Arabian Diversified Banks compare with similar industries?
| SA Market | -1.45% | |
| Financials | -0.95% | |
| Banks | -1.42% | |
| Diversified Banks | -1.42% | |
| Regional Banks | 0% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||
