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Taiwanese (TAIEX) Banks Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies19
  • 7D1.6%
  • 3M0.4%
  • 1Y11.0%
  • YTD9.6%

Over the last 7 days, the Banks industry has risen 1.6%, driven by gains from CTBC Financial Holding of 3.8%. This means that the industry has gained 11% over the past year. As for the next few years, earnings are expected to grow by 2.4% per annum.

Industry Valuation and Performance

Has the Taiwanese Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NT$4.3tNT$1.1tNT$287.6b15.6x15x4x
Sat, 19 Oct 2024NT$4.4tNT$1.1tNT$284.1b16.1x15.4x4.1x
Mon, 16 Sep 2024NT$4.2tNT$1.1tNT$284.1b15.8x14.8x4x
Wed, 14 Aug 2024NT$4.3tNT$1.0tNT$281.9b15.1x15.1x4.2x
Fri, 12 Jul 2024NT$4.6tNT$1.0tNT$281.9b15.3x16.2x4.4x
Sun, 09 Jun 2024NT$4.3tNT$1.0tNT$281.2b15.2x15.3x4.2x
Tue, 07 May 2024NT$4.3tNT$807.3bNT$268.7b15.6x16.1x5.4x
Thu, 04 Apr 2024NT$4.0tNT$806.6bNT$268.5b15.1x15.1x5x
Sat, 02 Mar 2024NT$3.9tNT$938.1bNT$259.1b14.7x14.9x4.1x
Mon, 29 Jan 2024NT$3.8tNT$946.1bNT$265.4b14.1x14.5x4.1x
Wed, 27 Dec 2023NT$3.9tNT$946.1bNT$265.4b14.5x14.6x4.1x
Fri, 24 Nov 2023NT$3.9tNT$905.8bNT$253.3b15x15.3x4.3x
Sun, 22 Oct 2023NT$3.7tNT$897.8bNT$250.1b13.9x14.7x4.1x
Tue, 19 Sep 2023NT$3.7tNT$868.6bNT$250.1b14.1x14.9x4.3x
Thu, 17 Aug 2023NT$3.6tNT$838.6bNT$225.1b15.2x16.1x4.3x
Sat, 15 Jul 2023NT$3.8tNT$834.7bNT$222.5b15.8x17x4.5x
Mon, 12 Jun 2023NT$3.8tNT$799.1bNT$222.8b15.9x16.9x4.7x
Wed, 10 May 2023NT$3.6tNT$782.4bNT$210.3b16.4x17.2x4.6x
Fri, 07 Apr 2023NT$3.5tNT$780.0bNT$208.9b16.2x16.6x4.5x
Sun, 05 Mar 2023NT$3.5tNT$795.7bNT$219.8b14.3x15.9x4.4x
Tue, 31 Jan 2023NT$3.5tNT$786.0bNT$208.6b15.8x17x4.5x
Thu, 29 Dec 2022NT$3.4tNT$786.0bNT$208.6b15.4x16.2x4.3x
Sat, 26 Nov 2022NT$3.4tNT$833.6bNT$212.6b15.8x15.9x4.1x
Mon, 24 Oct 2022NT$3.2tNT$828.9bNT$211.1b15.1x15x3.8x
Wed, 21 Sep 2022NT$3.5tNT$830.1bNT$211.6b16.7x16.7x4.2x
Fri, 19 Aug 2022NT$3.6tNT$904.5bNT$232.9b16x15.6x4x
Sun, 17 Jul 2022NT$3.3tNT$903.5bNT$233.8b14.5x14x3.6x
Tue, 14 Jun 2022NT$3.5tNT$903.5bNT$233.8b15.2x15.1x3.9x
Thu, 12 May 2022NT$3.6tNT$915.1bNT$240.1b14.8x15x3.9x
Sat, 09 Apr 2022NT$4.1tNT$917.8bNT$242.4b15.7x16.8x4.4x
Mon, 07 Mar 2022NT$3.6tNT$932.8bNT$240.7b16x15x3.9x
Wed, 02 Feb 2022NT$3.5tNT$933.6bNT$242.1b15.5x14.7x3.8x
Fri, 31 Dec 2021NT$3.4tNT$933.6bNT$242.1b15x14.1x3.7x
Sun, 28 Nov 2021NT$3.3tNT$892.7bNT$240.2b14.7x13.8x3.7x
Price to Earnings Ratio

13.8x


Total Market Cap: NT$3.3tTotal Earnings: NT$240.2bTotal Revenue: NT$892.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Banks Industry Price to Earnings3Y Average 15.5x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.5x.
  • The industry is trading close to its 3-year average PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 6.2% per year over the last three years.
  • Revenues for these companies have grown 6.2% 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 Taiwanese Financials industry?

TW Market-0.79%
Financials1.02%
Banks1.63%
Diversified Banks1.64%
Regional Banks0.78%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 19.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 15.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 2.4% over the next 5 years.
  • However this is lower than its past earnings growth rate of 10% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 2.4% 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
2891 CTBC Financial HoldingNT$38.053.8%
+NT$27.5b		41.7%PB1.7x
2892 First Financial HoldingNT$27.605.3%
+NT$19.6b		2.8%PB1.5x
2884 E.SUN Financial Holding CompanyNT$27.352.4%
+NT$10.4b		9.2%PB1.8x
2886 Mega Financial HoldingNT$39.451.2%
+NT$6.7b		2.4%PB1.7x
2887 Taishin Financial HoldingNT$17.252.4%
+NT$5.6b		-0.9%PB1.2x
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Latest News

2887

NT$17.25

Taishin Financial Holding

7D

2.4%

1Y

-0.9%

2886

NT$39.45

Mega Financial Holding

7D

1.2%

1Y

2.4%

2880

NT$25.60

Hua Nan Financial Holdings

7D

1.4%

1Y

18.6%

5880

NT$25.05

Taiwan Cooperative Financial Holding

7D

-0.2%

1Y

-1.8%

2884

NT$27.35

E.SUN Financial Holding Company

7D

2.4%

1Y

9.2%

2834

NT$15.35

Taiwan Business Bank

7D

4.1%

1Y

27.3%

2812

NT$18.05

Taichung Commercial Bank

7D

2.3%

1Y

21.4%

2891

NT$38.05

CTBC Financial Holding

7D

3.8%

1Y

41.7%

5876

NT$38.35

Shanghai Commercial & Savings Bank

7D

-3.4%

1Y

-16.8%

2892

NT$27.60

First Financial Holding

7D

5.3%

1Y

2.8%

5863

NT$12.80

Taipei Star Bank

7D

-0.8%

1Y

-10.8%