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Turkish (BIST) Diversified Banks Industry Analysis
UpdatedDec 02, 2024
DataAggregated Company Financials
Companies10
- 7D-0.9%
- 3M-9.2%
- 1Y39.2%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 2.2%, driven by a pullback from QNB Bank of 5.3%. This takes the industry's 12 month performance to a gain of 35%. As for the next few years, earnings are expected to grow by 44% per annum.
Industry Valuation and Performance
Has the Turkish Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Dec 2024 | ₺2.9t | ₺1.1t | ₺356.1b | 5.7x | 8.2x | 2.6x |
| Thu, 31 Oct 2024 | ₺2.8t | ₺1.1t | ₺387.7b | 4.3x | 7.1x | 2.4x |
| Sat, 28 Sep 2024 | ₺3.1t | ₺1.2t | ₺400.0b | 5x | 7.8x | 2.7x |
| Mon, 26 Aug 2024 | ₺2.9t | ₺1.2t | ₺415.5b | 4.7x | 7x | 2.5x |
| Wed, 24 Jul 2024 | ₺3.2t | ₺1.1t | ₺416.2b | 5.6x | 7.8x | 2.9x |
| Fri, 21 Jun 2024 | ₺3.3t | ₺1.1t | ₺416.2b | 5.7x | 8x | 3x |
| Sun, 19 May 2024 | ₺3.3t | ₺1.1t | ₺418.5b | 5x | 7.9x | 2.9x |
| Tue, 16 Apr 2024 | ₺2.6t | ₺1.1t | ₺398.6b | 4.6x | 6.6x | 2.5x |
| Thu, 14 Mar 2024 | ₺2.3t | ₺1.0t | ₺436.5b | 3.3x | 5.3x | 2.2x |
| Sat, 10 Feb 2024 | ₺2.2t | ₺1.0t | ₺435.3b | 3.4x | 5.1x | 2.1x |
| Mon, 08 Jan 2024 | ₺2.2t | ₺1.0t | ₺428.0b | 3.1x | 5.2x | 2.2x |
| Wed, 06 Dec 2023 | ₺2.1t | ₺1.0t | ₺428.0b | 3.2x | 4.8x | 2x |
| Fri, 03 Nov 2023 | ₺2.5t | ₺966.3b | ₺408.9b | 3.8x | 6x | 2.5x |
| Sun, 01 Oct 2023 | ₺2.6t | ₺909.8b | ₺383.9b | 4.1x | 6.7x | 2.8x |
| Tue, 29 Aug 2023 | ₺1.5t | ₺909.8b | ₺383.9b | 3.1x | 3.9x | 1.6x |
| Thu, 27 Jul 2023 | ₺1.0t | ₺828.6b | ₺364.4b | 2.8x | 2.8x | 1.2x |
| Sat, 24 Jun 2023 | ₺915.5b | ₺821.1b | ₺364.6b | 2.4x | 2.5x | 1.1x |
| Mon, 22 May 2023 | ₺749.4b | ₺821.0b | ₺364.6b | 2x | 2.1x | 0.9x |
| Wed, 19 Apr 2023 | ₺796.0b | ₺727.7b | ₺338.5b | 2.2x | 2.4x | 1.1x |
| Fri, 17 Mar 2023 | ₺816.5b | ₺727.7b | ₺338.5b | 2.4x | 2.4x | 1.1x |
| Sun, 12 Feb 2023 | ₺630.2b | ₺673.7b | ₺315.9b | 2.7x | 2x | 0.9x |
| Tue, 10 Jan 2023 | ₺811.7b | ₺558.8b | ₺247.8b | 3.6x | 3.3x | 1.5x |
| Thu, 08 Dec 2022 | ₺761.0b | ₺558.8b | ₺247.8b | 3.2x | 3.1x | 1.4x |
| Sat, 05 Nov 2022 | ₺682.9b | ₺484.5b | ₺218.5b | 3.3x | 3.1x | 1.4x |
| Mon, 03 Oct 2022 | ₺555.3b | ₺409.3b | ₺174.0b | 2.9x | 3.2x | 1.4x |
| Wed, 31 Aug 2022 | ₺606.0b | ₺406.8b | ₺174.0b | 3.4x | 3.5x | 1.5x |
| Fri, 29 Jul 2022 | ₺437.9b | ₺302.7b | ₺110.5b | 3.8x | 4x | 1.4x |
| Sun, 26 Jun 2022 | ₺422.4b | ₺302.7b | ₺110.5b | 3.4x | 3.8x | 1.4x |
| Tue, 24 May 2022 | ₺409.5b | ₺303.1b | ₺110.5b | 3.4x | 3.7x | 1.4x |
| Thu, 21 Apr 2022 | ₺419.7b | ₺228.5b | ₺72.8b | 4.9x | 5.8x | 1.8x |
| Sat, 19 Mar 2022 | ₺310.8b | ₺191.9b | ₺60.8b | 3.8x | 5.1x | 1.6x |
| Mon, 14 Feb 2022 | ₺332.0b | ₺188.0b | ₺58.2b | 6.4x | 5.7x | 1.8x |
| Wed, 12 Jan 2022 | ₺327.3b | ₺147.3b | ₺44.1b | 6.8x | 7.4x | 2.2x |
| Fri, 10 Dec 2021 | ₺352.9b | ₺147.3b | ₺44.1b | 7.2x | 8x | 2.4x |
Price to Earnings Ratio
8x
Current Industry PE
- Investors are optimistic on the Turkish Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.2x which is higher than its 3-year average PE of 5.0x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 101% per year over the last three years.
- Revenues for these companies have grown 97% 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 Turkish Diversified Banks compare with similar industries?
| TR Market | -0.071% | |
| Financials | -0.043% | |
| Banks | -0.86% | |
| Diversified Banks | -0.86% | |
| 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 | |
|---|---|---|---|---|---|
| AKBNK Akbank T.A.S | ₺61.00 | 2.3% +₺7.3b | 68.4% | PB1.4x | |
| ISCTR Türkiye Is Bankasi | ₺13.66 | 1.2% +₺4.0b | 50.6% | PB1.2x | |
| GARAN Turkiye Garanti Bankasi | ₺120.80 | 0.4% +₺2.1b | 108.6% | PB1.7x | |
| HALKB Türkiye Halk Bankasi | ₺16.38 | 1.0% +₺1.2b | 27.6% | PB0.8x | |
| SKBNK Sekerbank T.A.S | ₺4.58 | 8.0% +₺850.0m | -34.5% | PB0.8x |