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Trinidad & Tobago (TTSE) Diversified Banks Industry Analysis
UpdatedSep 11, 2024
DataAggregated Company Financials
Companies4
- 7D-0.5%
- 3M-3.1%
- 1Y-12.6%
- YTDn/a
In the last week, Diversified Banks has been flat. Unfortunately though, the industry is down 13% 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 |
|---|---|---|---|---|---|---|
| Wed, 11 Sep 2024 | TT$49.5b | TT$16.4b | TT$5.3b | 11x | 9.3x | 3x |
| Fri, 09 Aug 2024 | TT$50.5b | TT$16.4b | TT$5.3b | 11x | 9.5x | 3.1x |
| Sun, 07 Jul 2024 | TT$51.8b | TT$16.3b | TT$5.3b | 11.1x | 9.8x | 3.2x |
| Tue, 04 Jun 2024 | TT$52.7b | TT$16.2b | TT$5.3b | 11.4x | 9.9x | 3.2x |
| Thu, 02 May 2024 | TT$54.3b | TT$16.2b | TT$5.3b | 12.4x | 10.3x | 3.4x |
| Sat, 30 Mar 2024 | TT$55.4b | TT$16.1b | TT$5.2b | 12.7x | 10.7x | 3.4x |
| Mon, 26 Feb 2024 | TT$56.2b | TT$16.0b | TT$5.1b | 13x | 11.1x | 3.5x |
| Wed, 24 Jan 2024 | TT$56.1b | TT$15.7b | TT$4.9b | 13.9x | 11.4x | 3.6x |
| Fri, 22 Dec 2023 | TT$55.7b | TT$15.7b | TT$4.9b | 13.7x | 11.3x | 3.6x |
| Sun, 19 Nov 2023 | TT$56.2b | TT$15.5b | TT$5.0b | 13.4x | 11.4x | 3.6x |
| Tue, 17 Oct 2023 | TT$55.8b | TT$15.1b | TT$4.8b | 13.6x | 11.5x | 3.7x |
| Thu, 14 Sep 2023 | TT$56.5b | TT$15.1b | TT$4.8b | 13.9x | 11.7x | 3.7x |
| Sat, 12 Aug 2023 | TT$57.6b | TT$14.8b | TT$4.6b | 14.1x | 12.4x | 3.9x |
| Mon, 10 Jul 2023 | TT$57.7b | TT$14.5b | TT$4.5b | 14.7x | 12.8x | 4x |
| Wed, 07 Jun 2023 | TT$57.1b | TT$14.3b | TT$4.3b | 14.7x | 13.2x | 4x |
| Fri, 05 May 2023 | TT$59.8b | TT$14.3b | TT$4.3b | 15.4x | 13.8x | 4.2x |
| Sun, 02 Apr 2023 | TT$60.2b | TT$14.2b | TT$4.3b | 15.8x | 14x | 4.2x |
| Tue, 28 Feb 2023 | TT$59.4b | TT$14.0b | TT$4.1b | 15.8x | 14.3x | 4.3x |
| Thu, 26 Jan 2023 | TT$58.0b | TT$13.8b | TT$4.0b | 16.5x | 14.4x | 4.2x |
| Sat, 24 Dec 2022 | TT$58.0b | TT$13.8b | TT$4.0b | 16.8x | 14.4x | 4.2x |
| Mon, 21 Nov 2022 | TT$56.5b | TT$13.6b | TT$3.7b | 18.2x | 15.3x | 4.2x |
| Wed, 19 Oct 2022 | TT$57.1b | TT$13.5b | TT$3.7b | 18.6x | 15.5x | 4.2x |
| Fri, 16 Sep 2022 | TT$57.5b | TT$13.5b | TT$3.7b | 18.6x | 15.7x | 4.3x |
| Sun, 14 Aug 2022 | TT$57.0b | TT$13.5b | TT$3.7b | 18.4x | 15.5x | 4.2x |
| Tue, 12 Jul 2022 | TT$57.1b | TT$13.2b | TT$3.5b | 19x | 16.5x | 4.3x |
| Thu, 09 Jun 2022 | TT$58.4b | TT$13.1b | TT$3.4b | 19.1x | 17.1x | 4.5x |
| Sat, 07 May 2022 | TT$59.3b | TT$13.0b | TT$3.4b | 19.4x | 17.5x | 4.6x |
| Mon, 04 Apr 2022 | TT$59.5b | TT$12.9b | TT$3.3b | 19.6x | 18.1x | 4.6x |
| Wed, 02 Mar 2022 | TT$61.4b | TT$12.8b | TT$3.2b | 19.4x | 19x | 4.8x |
| Fri, 28 Jan 2022 | TT$61.8b | TT$12.8b | TT$3.2b | 19.3x | 19.1x | 4.8x |
| Sun, 26 Dec 2021 | TT$58.9b | TT$12.8b | TT$3.2b | 18.5x | 18.2x | 4.6x |
| Tue, 23 Nov 2021 | TT$59.0b | TT$12.5b | TT$2.2b | 19.2x | 26.6x | 4.7x |
| Thu, 21 Oct 2021 | TT$56.0b | TT$12.4b | TT$2.2b | 19x | 25.2x | 4.5x |
| Sat, 18 Sep 2021 | TT$55.7b | TT$12.3b | TT$2.1b | 19x | 26.8x | 4.5x |
Price to Earnings Ratio
26.8x
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 15.0x.
- The 3-year average PS ratio of 4.1x 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 37% per year over the last three years.
- Revenues for these companies have grown 10% 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 | 0.68% | |
| Financials | 0.063% | |
| Banks | -0.50% | |
| Diversified Banks | -0.50% | |
| 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$112.01 | 0.009% +TT$1.6m | -10.6% | PB1.3x |