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Saudi Arabian (Tadawul) Banks Industry Analysis

UpdatedOct 21, 2024
DataAggregated Company Financials
Companies10
  • 7D-2.7%
  • 3M-7.2%
  • 1Y14.4%
  • YTD-8.6%

Over the last 7 days, the Banks industry has dropped 2.5%, driven by declines from every company within the industry. In the past year, the industry has gained 14%. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the Saudi Arabian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 21 Oct 2024ر.س902.2bر.س126.6bر.س70.8b10.2x12.7x7.1x
Wed, 18 Sep 2024ر.س929.5bر.س126.6bر.س70.8b10.2x13.1x7.3x
Fri, 16 Aug 2024ر.س936.6bر.س126.6bر.س70.8b10.4x13.2x7.4x
Sun, 14 Jul 2024ر.س927.5bر.س123.6bر.س68.6b10.9x13.5x7.5x
Tue, 11 Jun 2024ر.س945.7bر.س123.6bر.س68.6b11.1x13.8x7.7x
Thu, 09 May 2024ر.س945.2bر.س123.1bر.س68.3b11.5x13.8x7.7x
Sat, 06 Apr 2024ر.س1.0tر.س121.5bر.س67.3b12.6x15.2x8.4x
Mon, 04 Mar 2024ر.س1.0tر.س121.5bر.س67.3b12.4x15.3x8.5x
Wed, 31 Jan 2024ر.س1.0tر.س119.3bر.س66.6b12.6x15.3x8.5x
Fri, 29 Dec 2023ر.س980.4bر.س119.3bر.س66.6b12x14.7x8.2x
Sun, 26 Nov 2023ر.س872.6bر.س119.3bر.س66.6b11x13.1x7.3x
Tue, 24 Oct 2023ر.س779.5bر.س116.6bر.س65.3b10.5x11.9x6.7x
Thu, 21 Sep 2023ر.س849.8bر.س116.6bر.س65.3b11.6x13x7.3x
Sat, 19 Aug 2023ر.س894.4bر.س116.6bر.س65.3b12x13.7x7.7x
Mon, 17 Jul 2023ر.س937.2bر.س113.2bر.س63.6b14.8x14.7x8.3x
Wed, 14 Jun 2023ر.س922.5bر.س113.2bر.س63.6b14.1x14.5x8.2x
Fri, 12 May 2023ر.س924.7bر.س114.7bر.س62.1b14.5x14.9x8.1x
Sun, 09 Apr 2023ر.س917.2bر.س109.9bر.س61.5b14.4x14.9x8.3x
Tue, 07 Mar 2023ر.س887.4bر.س108.5bر.س60.0b13.9x14.8x8.2x
Thu, 02 Feb 2023ر.س939.2bر.س105.5bر.س57.2b15.2x16.4x8.9x
Sat, 31 Dec 2022ر.س939.7bر.س105.5bر.س57.2b16.3x16.4x8.9x
Mon, 28 Nov 2022ر.س997.8bر.س105.5bر.س57.2b17.5x17.4x9.5x
Wed, 26 Oct 2022ر.س1.1tر.س101.5bر.س54.2b19.5x20.2x10.8x
Fri, 23 Sep 2022ر.س1.1tر.س101.5bر.س54.2b18.4x19.4x10.4x
Sun, 21 Aug 2022ر.س1.2tر.س101.5bر.س54.2b20.6x21.5x11.5x
Tue, 19 Jul 2022ر.س1.1tر.س96.6bر.س50.5b20.4x20.9x10.9x
Thu, 16 Jun 2022ر.س1.1tر.س96.6bر.س50.5b21.9x21.9x11.5x
Sat, 14 May 2022ر.س1.2tر.س96.1bر.س50.2b23.3x23.4x12.2x
Mon, 11 Apr 2022ر.س1.2tر.س92.1bر.س47.8b25.4x25.6x13.3x
Wed, 09 Mar 2022ر.س1.1tر.س91.8bر.س47.3b21.7x23.8x12.2x
Fri, 04 Feb 2022ر.س1.1tر.س86.9bر.س44.4b24.8x25.1x12.8x
Sun, 02 Jan 2022ر.س993.4bر.س86.9bر.س44.4b20.5x22.4x11.4x
Tue, 30 Nov 2021ر.س951.2bر.س86.9bر.س44.4b19.7x21.4x10.9x
Thu, 28 Oct 2021ر.س991.8bر.س84.4bر.س42.6b20.6x23.3x11.8x
Price to Earnings Ratio

23.3x


Total Market Cap: ر.س991.8bTotal Earnings: ر.س42.6bTotal Revenue: ر.س84.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Banks Industry Price to Earnings3Y Average 17.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Saudi 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 12.7x which is lower than its 3-year average PE of 17.3x.
  • The 3-year average PS ratio of 9.3x is higher than the industry's current PS ratio of 7.1x.
Past Earnings Growth
  • The earnings for companies in the 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 Trends

Which industries have driven the changes within the Saudi Arabian Financials industry?

SA Market-0.84%
Financials-2.04%
Banks-2.68%
Regional Banks0%
Diversified Banks-2.68%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 17.3x.
    • Analysts expect its future annual earnings growth (10.0%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 17.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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ر.س35.20

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1120

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29.2%

1080

ر.س18.48

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