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Taiwanese (TAIEX) Banks Industry Analysis

UpdatedSep 27, 2023
DataAggregated Company Financials
Companies19
  • 7D-1.4%
  • 3M-2.8%
  • 1Y5.5%
  • YTD7.0%

Over the last 7 days, the Banks industry has dropped 1.4%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 5.5%. Earnings are forecast to grow by 8.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023NT$3.7tNT$897.8bNT$250.1b13.7x14.6x4.1x
Fri, 25 Aug 2023NT$3.6tNT$839.3bNT$225.8b15x16.1x4.3x
Sun, 23 Jul 2023NT$3.8tNT$835.3bNT$222.5b15.7x17.2x4.6x
Tue, 20 Jun 2023NT$3.8tNT$799.1bNT$222.8b15.9x16.8x4.7x
Thu, 18 May 2023NT$3.7tNT$785.0bNT$212.0b16.6x17.4x4.7x
Sat, 15 Apr 2023NT$3.5tNT$780.0bNT$208.9b16.4x17x4.5x
Mon, 13 Mar 2023NT$3.5tNT$796.3bNT$218.4b14.9x15.9x4.4x
Wed, 08 Feb 2023NT$3.5tNT$786.0bNT$208.6b15.8x16.6x4.4x
Fri, 06 Jan 2023NT$3.4tNT$786.0bNT$208.6b15.5x16.4x4.3x
Sun, 04 Dec 2022NT$3.4tNT$680.3bNT$209.7b15.7x16.2x5x
Tue, 01 Nov 2022NT$3.2tNT$828.9bNT$211.1b15.3x15.2x3.9x
Thu, 29 Sep 2022NT$3.4tNT$828.9bNT$211.1b16x15.9x4.1x
Sat, 27 Aug 2022NT$3.6tNT$828.8bNT$216.8b17.4x16.7x4.4x
Mon, 25 Jul 2022NT$3.4tNT$903.5bNT$233.8b14.7x14.5x3.8x
Wed, 22 Jun 2022NT$3.6tNT$903.5bNT$233.8b15x15.3x4x
Fri, 20 May 2022NT$3.5tNT$916.2bNT$240.8b14.6x14.6x3.8x
Sun, 17 Apr 2022NT$3.9tNT$917.8bNT$242.4b15.8x16.2x4.3x
Tue, 15 Mar 2022NT$3.6tNT$933.8bNT$241.3b15.5x14.9x3.9x
Thu, 10 Feb 2022NT$3.7tNT$933.6bNT$242.1b16x15.4x4x
Sat, 08 Jan 2022NT$3.5tNT$933.6bNT$242.1b15.2x14.4x3.7x
Mon, 06 Dec 2021NT$3.3tNT$933.6bNT$242.1b14.9x13.8x3.6x
Wed, 03 Nov 2021NT$3.2tNT$928.8bNT$239.2b15.3x13.4x3.5x
Fri, 01 Oct 2021NT$3.2tNT$929.0bNT$239.3b15x13.2x3.4x
Sun, 29 Aug 2021NT$3.1tNT$929.0bNT$239.3b14.5x13x3.4x
Mon, 05 Jul 2021NT$3.0tNT$929.0bNT$239.3b14.4x12.6x3.3x
Thu, 08 Apr 2021NT$3.0tNT$922.7bNT$223.4b14.8x13.3x3.2x
Sun, 10 Jan 2021NT$2.8tNT$890.8bNT$196.3b14.8x14.4x3.2x
Sat, 03 Oct 2020NT$2.7tNT$903.4bNT$195.1b14x13.9x3x
Price to Earnings Ratio

13.9x


Total Market Cap: NT$2.7tTotal Earnings: NT$195.1bTotal Revenue: NT$903.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Banks Industry Price to Earnings3Y Average 14.9x202120222023
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 14.9x.
  • The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 8.6% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Taiwanese Financials industry?

TW Market-2.14%
Financials-2.13%
Banks-1.36%
Regional Banks-0.092%
Diversified Banks-1.37%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 16.1x.
    • 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 14.9x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 26% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.2% 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
No data available
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Latest News

5880

NT$25.50

Taiwan Cooperative Financial Holding

7D

-2.3%

1Y

1.2%

2880

NT$20.50

Hua Nan Financial Holdings

7D

-1.9%

1Y

-8.7%

2892

NT$26.50

First Financial Holding

7D

-1.9%

1Y

3.6%

2834

NT$13.15

Taiwan Business Bank

7D

-2.2%

1Y

8.2%

2891

NT$24.40

CTBC Financial Holding

7D

-1.8%

1Y

21.4%

5876

NT$42.85

Shanghai Commercial & Savings Bank

7D

-1.6%

1Y

-12.0%

2890

NT$17.40

SinoPac Financial Holdings

7D

-1.1%

1Y

5.0%

2884

NT$24.15

E.SUN Financial Holding Company

7D

-0.8%

1Y

-4.0%