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Trinidad & Tobago (TTSE) Diversified Banks Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies4
- 7D2.6%
- 3M6.1%
- 1Y-6.3%
- YTDn/a
In the last week, the Diversified Banks industry is up 2.5%, with all of the companies up. In the past year, the industry is down 6.9%.
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 |
|---|---|---|---|---|---|---|
| Mon, 30 Dec 2024 | TT$52.3b | TT$16.7b | TT$5.5b | 9.9x | 9.6x | 3.1x |
| Wed, 27 Nov 2024 | TT$50.4b | TT$16.5b | TT$5.3b | 10.5x | 9.5x | 3.1x |
| Fri, 25 Oct 2024 | TT$49.5b | TT$16.5b | TT$5.3b | 10.5x | 9.4x | 3x |
| Sun, 22 Sep 2024 | TT$49.0b | TT$16.5b | TT$5.3b | 10.6x | 9.3x | 3x |
| Tue, 20 Aug 2024 | TT$50.1b | TT$16.4b | TT$5.3b | 11x | 9.4x | 3.1x |
| Thu, 18 Jul 2024 | TT$52.1b | TT$16.3b | TT$5.3b | 11.3x | 9.8x | 3.2x |
| Sat, 15 Jun 2024 | TT$50.8b | TT$16.3b | TT$5.3b | 10.8x | 9.5x | 3.1x |
| Mon, 13 May 2024 | TT$54.1b | TT$16.3b | TT$5.3b | 12x | 10.1x | 3.3x |
| Wed, 10 Apr 2024 | TT$55.0b | TT$16.1b | TT$5.2b | 12.7x | 10.6x | 3.4x |
| Fri, 08 Mar 2024 | TT$55.4b | TT$15.9b | TT$5.1b | 12.9x | 10.9x | 3.5x |
| Sun, 04 Feb 2024 | TT$55.1b | TT$15.6b | TT$4.9b | 13.7x | 11.2x | 3.5x |
| Tue, 02 Jan 2024 | TT$55.8b | TT$15.6b | TT$4.9b | 13.7x | 11.3x | 3.6x |
| Thu, 30 Nov 2023 | TT$55.4b | TT$15.5b | TT$5.0b | 13.3x | 11.2x | 3.6x |
| Sat, 28 Oct 2023 | TT$55.5b | TT$15.1b | TT$4.8b | 13.7x | 11.5x | 3.7x |
| Mon, 25 Sep 2023 | TT$56.0b | TT$15.1b | TT$4.8b | 13.7x | 11.6x | 3.7x |
| Wed, 23 Aug 2023 | TT$57.1b | TT$14.8b | TT$4.6b | 13.9x | 12.3x | 3.9x |
| Fri, 21 Jul 2023 | TT$57.6b | TT$14.6b | TT$4.5b | 14.8x | 12.7x | 4x |
| Sun, 18 Jun 2023 | TT$58.0b | TT$14.5b | TT$4.5b | 14.8x | 12.8x | 4x |
| Tue, 16 May 2023 | TT$59.2b | TT$14.3b | TT$4.3b | 15.3x | 13.6x | 4.1x |
| Thu, 13 Apr 2023 | TT$60.6b | TT$14.2b | TT$4.3b | 15.8x | 14.1x | 4.3x |
| Sat, 11 Mar 2023 | TT$59.4b | TT$14.0b | TT$4.2b | 15.8x | 14.3x | 4.2x |
| Mon, 06 Feb 2023 | TT$58.1b | TT$13.9b | TT$4.1b | 15.6x | 14x | 4.2x |
| Wed, 04 Jan 2023 | TT$58.2b | TT$13.7b | TT$4.0b | 16.7x | 14.5x | 4.2x |
| Fri, 02 Dec 2022 | TT$57.0b | TT$13.6b | TT$3.7b | 18.3x | 15.5x | 4.2x |
| Sun, 30 Oct 2022 | TT$56.3b | TT$13.6b | TT$3.7b | 18.3x | 15.3x | 4.1x |
| Tue, 27 Sep 2022 | TT$57.4b | TT$13.5b | TT$3.7b | 18.7x | 15.6x | 4.3x |
| Thu, 25 Aug 2022 | TT$57.9b | TT$13.4b | TT$3.7b | 18.6x | 15.8x | 4.3x |
| Sat, 23 Jul 2022 | TT$57.8b | TT$13.3b | TT$3.6b | 18.9x | 16x | 4.3x |
| Mon, 20 Jun 2022 | TT$57.3b | TT$13.2b | TT$3.5b | 19x | 16.5x | 4.3x |
| Wed, 18 May 2022 | TT$58.5b | TT$13.1b | TT$3.4b | 19.2x | 17.1x | 4.5x |
| Fri, 15 Apr 2022 | TT$59.2b | TT$13.0b | TT$3.4b | 19.7x | 17.4x | 4.5x |
| Sun, 13 Mar 2022 | TT$60.9b | TT$12.8b | TT$3.2b | 19.7x | 18.8x | 4.7x |
| Tue, 08 Feb 2022 | TT$61.7b | TT$12.8b | TT$3.2b | 19.5x | 19.1x | 4.8x |
| Thu, 06 Jan 2022 | TT$62.7b | TT$12.8b | TT$3.2b | 18.9x | 19.4x | 4.9x |
Price to Earnings Ratio
19.4x
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 9.3x which is lower than its 3-year average PE of 13.3x.
- 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 19% per year over the last three years.
- Revenues for these companies have grown 9.4% 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 | 1.60% | |
| Financials | 1.91% | |
| Banks | 2.65% | |
| Diversified Banks | 2.65% | |
| 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 | |
|---|---|---|---|---|---|
| CIBC CIBC Caribbean Bank | TT$8.08 | 4.3% +TT$520.4m | 14.8% | PB1.2x | |
| SBTT Scotiabank Trinidad and Tobago | TT$57.26 | 2.2% +TT$220.4m | -17.8% | PB2.2x | |
| FCGFH First Citizens Group Financial Holdings | TT$40.50 | 0.2% +TT$25.1m | -17.5% | PB1.2x |