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Taiwanese (TAIEX) Banks Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies19
  • 7D1.0%
  • 3M5.0%
  • 1Y18.4%
  • YTD17.9%

Over the last 7 days, the Banks industry has remained flat, although notably Chang Hwa Commercial Bank declined by 3.8%. The past year has been better, since the industry has gained 18% in that time.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021NT$3.3tNT$932.9bNT$242.1b14.8x
Mon, 01 Nov 2021NT$3.2tNT$928.8bNT$239.2b14.8x
Wed, 29 Sep 2021NT$3.2tNT$929.0bNT$239.3b15x
Fri, 27 Aug 2021NT$3.1tNT$929.0bNT$239.3b14.5x
Sat, 03 Jul 2021NT$3.0tNT$929.0bNT$239.3b14.4x
Tue, 06 Apr 2021NT$3.0tNT$922.7bNT$223.4b14.8x
Fri, 08 Jan 2021NT$2.8tNT$890.8bNT$196.3b14.8x
Thu, 01 Oct 2020NT$2.7tNT$903.4bNT$195.1b14x
Sun, 05 Jul 2020NT$2.9tNT$905.8bNT$199.8b13.8x
Wed, 08 Apr 2020NT$2.6tNT$898.5bNT$200.4b12.2x
Tue, 31 Dec 2019NT$3.1tNT$934.7bNT$220.3b13.7x
Fri, 04 Oct 2019NT$2.9tNT$922.2bNT$212.8b14.4x
Mon, 08 Jul 2019NT$2.9tNT$923.1bNT$202.2b15.4x
Sun, 31 Mar 2019NT$2.7tNT$897.0bNT$205.0b13.7x
Wed, 02 Jan 2019NT$2.5tNT$885.5bNT$200.7b12.3x
PE Ratio

12.3x

Total Market Cap: NT$2.5tTotal Earnings: NT$200.7bTotal Revenue: NT$885.5b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 7.0% per year over the last three years, and revenues for these companies have grown 2.2% 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 Banks industry?

Diversified Banks0.97%
Regional Banks-0.69%

Industry PE: Investors are most optimistic about the Regional Banks industry, which is trading close to its 3-year average PE ratio of 16.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 13.8x.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 6.1% over the next 5 years. However this is lower than its past earnings growth rate of 24% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
2891 CTBC Financial Holding2.0%+NT$9.7b28.6%PB1.2x
5880 Taiwan Cooperative Financial Holding2.1%+NT$6.8b20.8%PB1.4x
5876 Shanghai Commercial & Savings Bank2.6%+NT$5.4b16.8%PB1.3x
2886 Mega Financial Holding0.7%+NT$3.4b17.4%PB1.4x
2884 E.SUN Financial Holding Company0.9%+NT$3.3b16.3%PB2x
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2892

NT$23.75

First Financial Holding

7D

1.1%

1Y

12.4%

2897

NT$7.84

O-Bank

7D

-0.6%

1Y

18.6%