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Trinidad & Tobago (TTSE) Diversified Banks Industry Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies4
- 7D0.6%
- 3M0.3%
- 1Y-10.1%
- YTDn/a
The Diversified Banks is pretty flat in the last 7 days, but FirstCaribbean International Bank has stood out, gaining 13%. Unfortunately though, the industry is down 12% over the past 12 months.
Industry Valuation and Performance
Has the Trinidad & Tobago Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 19 Nov 2024 | TT$52.0b | TT$16.4b | TT$5.3b | 10.6x | 9.8x | 3.2x |
| Thu, 17 Oct 2024 | TT$49.5b | TT$16.4b | TT$5.3b | 10.5x | 9.4x | 3x |
| Sat, 14 Sep 2024 | TT$49.6b | TT$16.4b | TT$5.3b | 11x | 9.3x | 3x |
| Mon, 12 Aug 2024 | TT$50.9b | TT$16.5b | TT$5.3b | 11x | 9.5x | 3.1x |
| Wed, 10 Jul 2024 | TT$51.7b | TT$16.3b | TT$5.3b | 11.1x | 9.8x | 3.2x |
| Fri, 07 Jun 2024 | TT$52.3b | TT$16.2b | TT$5.3b | 10.9x | 9.8x | 3.2x |
| Sun, 05 May 2024 | TT$54.0b | TT$16.2b | TT$5.3b | 12x | 10.2x | 3.3x |
| Tue, 02 Apr 2024 | TT$55.4b | TT$16.1b | TT$5.2b | 12.7x | 10.7x | 3.4x |
| Thu, 29 Feb 2024 | TT$56.2b | TT$16.0b | TT$5.1b | 12.9x | 11.1x | 3.5x |
| Sat, 27 Jan 2024 | TT$56.0b | TT$15.6b | TT$4.9b | 13.9x | 11.4x | 3.6x |
| Mon, 25 Dec 2023 | TT$55.9b | TT$15.7b | TT$4.9b | 13.7x | 11.3x | 3.6x |
| Wed, 22 Nov 2023 | TT$56.2b | TT$15.5b | TT$4.9b | 13.4x | 11.4x | 3.6x |
| Fri, 20 Oct 2023 | TT$55.3b | TT$15.1b | TT$4.8b | 13.6x | 11.4x | 3.7x |
| Sun, 17 Sep 2023 | TT$56.3b | TT$15.1b | TT$4.8b | 13.8x | 11.7x | 3.7x |
| Tue, 15 Aug 2023 | TT$57.6b | TT$14.8b | TT$4.6b | 14.1x | 12.4x | 3.9x |
| Thu, 13 Jul 2023 | TT$57.7b | TT$14.5b | TT$4.5b | 14.7x | 12.7x | 4x |
| Sat, 10 Jun 2023 | TT$57.5b | TT$14.3b | TT$4.3b | 14.6x | 13.3x | 4x |
| Mon, 08 May 2023 | TT$59.8b | TT$14.3b | TT$4.3b | 15.4x | 13.8x | 4.2x |
| Wed, 05 Apr 2023 | TT$60.2b | TT$14.2b | TT$4.3b | 15.8x | 14x | 4.3x |
| Fri, 03 Mar 2023 | TT$58.9b | TT$13.9b | TT$4.1b | 15.8x | 14.2x | 4.2x |
| Sun, 29 Jan 2023 | TT$58.3b | TT$13.9b | TT$4.1b | 16x | 14.1x | 4.2x |
| Tue, 27 Dec 2022 | TT$58.0b | TT$13.8b | TT$4.0b | 16.8x | 14.4x | 4.2x |
| Thu, 24 Nov 2022 | TT$56.5b | TT$13.6b | TT$3.7b | 18.2x | 15.3x | 4.2x |
| Sat, 22 Oct 2022 | TT$56.9b | TT$13.6b | TT$3.7b | 18.4x | 15.4x | 4.2x |
| Mon, 19 Sep 2022 | TT$57.5b | TT$13.5b | TT$3.7b | 18.6x | 15.7x | 4.3x |
| Wed, 17 Aug 2022 | TT$57.6b | TT$13.5b | TT$3.7b | 18.6x | 15.7x | 4.3x |
| Fri, 15 Jul 2022 | TT$57.8b | TT$13.2b | TT$3.5b | 18.9x | 16.7x | 4.4x |
| Sun, 12 Jun 2022 | TT$57.6b | TT$13.1b | TT$3.4b | 19.2x | 16.8x | 4.4x |
| Tue, 10 May 2022 | TT$58.6b | TT$13.0b | TT$3.4b | 19.4x | 17.3x | 4.5x |
| Thu, 07 Apr 2022 | TT$59.5b | TT$12.8b | TT$3.3b | 19.6x | 18.1x | 4.6x |
| Sat, 05 Mar 2022 | TT$60.8b | TT$12.8b | TT$3.2b | 19.7x | 18.8x | 4.7x |
| Mon, 31 Jan 2022 | TT$61.8b | TT$12.8b | TT$3.2b | 19.4x | 19.1x | 4.8x |
| Wed, 29 Dec 2021 | TT$58.9b | TT$12.8b | TT$3.2b | 18.5x | 18.2x | 4.6x |
| Fri, 26 Nov 2021 | TT$58.3b | TT$12.5b | TT$2.2b | 19.3x | 26.3x | 4.7x |
Price to Earnings Ratio
26.3x
Current Industry PE
- Investors are pessimistic on the Trinidadian or Tobagonian 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 9.4x which is lower than its 3-year average PE of 13.8x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 34% per year over the last three years.
- Revenues for these companies have grown 9.7% 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 Trinidad & Tobago Diversified Banks compare with similar industries?
| TT Market | 0.56% | |
| Financials | 0.49% | |
| Banks | 0.61% | |
| Diversified Banks | 0.61% | |
| 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 | |
|---|---|---|---|---|---|
| RFHL Republic Financial Holdings | TT$115.00 | 1.5% +TT$278.2m | -6.2% | PB1.4x | |
| SBTT Scotiabank Trinidad and Tobago | TT$57.10 | 0.2% +TT$17.6m | -19.8% | PB2.2x | |
| CIBC FirstCaribbean International Bank | TT$7.07 | 0.1% +TT$15.8m | 1.0% | PB1.1x |