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Taiwanese (TAIEX) Diversified Banks Industry Analysis

UpdatedNov 16, 2024
DataAggregated Company Financials
Companies17
  • 7D-0.2%
  • 3M-1.7%
  • 1Y10.7%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 1.2%, driven by a pullback from E.SUN Financial Holding Company of 2.2%. Over the past 12 months, the industry was up 9.8%. Looking forward, earnings are forecast to grow by 2.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 Nov 2024NT$4.2tNT$1.1tNT$286.0b15.6x14.8x4x
Mon, 14 Oct 2024NT$4.2tNT$1.1tNT$283.1b15.6x15x4x
Wed, 11 Sep 2024NT$4.2tNT$1.1tNT$283.6b14.7x14.8x4x
Fri, 09 Aug 2024NT$4.2tNT$1.0tNT$281.0b14.4x14.8x4.1x
Sun, 07 Jul 2024NT$4.5tNT$1.0tNT$281.0b15.3x16x4.4x
Tue, 04 Jun 2024NT$4.2tNT$1.0tNT$280.3b14.7x15.1x4.2x
Thu, 02 May 2024NT$4.2tNT$801.9bNT$266.5b15.2x15.6x5.2x
Sat, 30 Mar 2024NT$4.1tNT$801.6bNT$267.5b15x15.4x5.1x
Mon, 26 Feb 2024NT$3.8tNT$938.5bNT$262.2b13.1x14.6x4.1x
Wed, 24 Jan 2024NT$3.8tNT$941.1bNT$264.4b13.2x14.3x4x
Fri, 22 Dec 2023NT$3.8tNT$941.1bNT$264.4b13.2x14.5x4.1x
Sun, 19 Nov 2023NT$3.8tNT$896.8bNT$250.5b14.1x15.3x4.3x
Tue, 17 Oct 2023NT$3.7tNT$892.9bNT$249.1b13.7x14.9x4.2x
Thu, 14 Sep 2023NT$3.7tNT$863.7bNT$249.2b13.6x14.7x4.2x
Sat, 12 Aug 2023NT$3.8tNT$830.4bNT$221.4b15x17x4.5x
Mon, 10 Jul 2023NT$3.7tNT$829.8bNT$221.4b14.7x16.5x4.4x
Wed, 07 Jun 2023NT$3.7tNT$794.2bNT$221.8b15.2x16.7x4.7x
Fri, 05 May 2023NT$3.6tNT$777.1bNT$209.2b16x17x4.6x
Sun, 02 Apr 2023NT$3.5tNT$775.0bNT$207.7b16.8x16.6x4.5x
Tue, 28 Feb 2023NT$3.5tNT$790.8bNT$218.3b14.9x16.1x4.4x
Thu, 26 Jan 2023NT$3.5tNT$781.0bNT$207.4b17.7x16.8x4.4x
Sat, 24 Dec 2022NT$3.4tNT$781.0bNT$207.4b17.3x16.2x4.3x
Mon, 21 Nov 2022NT$3.3tNT$830.8bNT$212.8b17.1x15.4x4x
Wed, 19 Oct 2022NT$3.2tNT$823.9bNT$209.9b16.1x15x3.8x
Fri, 16 Sep 2022NT$3.5tNT$825.0bNT$210.4b17.9x16.8x4.3x
Sun, 14 Aug 2022NT$3.6tNT$898.7bNT$232.6b14.9x15.5x4x
Tue, 12 Jul 2022NT$3.3tNT$898.7bNT$232.6b13.9x14.4x3.7x
Thu, 09 Jun 2022NT$3.6tNT$898.7bNT$232.6b14.5x15.5x4x
Sat, 07 May 2022NT$3.7tNT$910.1bNT$238.8b14.5x15.5x4.1x
Mon, 04 Apr 2022NT$3.9tNT$913.2bNT$241.2b15.7x16.4x4.3x
Wed, 02 Mar 2022NT$3.6tNT$947.7bNT$241.3b15.4x15x3.8x
Fri, 28 Jan 2022NT$3.5tNT$928.9bNT$241.0b14.7x14.6x3.8x
Sun, 26 Dec 2021NT$3.4tNT$928.9bNT$241.0b14.7x14x3.6x
Tue, 23 Nov 2021NT$3.3tNT$894.0bNT$240.5b15x13.8x3.7x
Price to Earnings Ratio

13.8x


Total Market Cap: NT$3.3tTotal Earnings: NT$240.5bTotal Revenue: NT$894.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Diversified Banks Industry Price to Earnings3Y Average 15.5x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Diversified 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 Diversified Banks industry have grown 5.4% per year over the last three years.
  • Revenues for these companies have grown 5.7% 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 Taiwanese Diversified Banks compare with similar industries?

TW Market-3.41%
Financials-1.96%
Banks-0.17%
Diversified Banks-0.17%
Regional Banks-0.40%
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?

CompanyLast Price7D1YValuation
2890 SinoPac Financial HoldingsNT$23.754.4%
+NT$12.7b		29.1%PB1.5x
2892 First Financial HoldingNT$27.301.9%
+NT$7.0b		2.1%PB1.5x
5876 Shanghai Commercial & Savings BankNT$39.601.8%
+NT$3.4b		-13.5%PB1x
2886 Mega Financial HoldingNT$39.250.4%
+NT$2.2b		3.1%PB1.7x
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2880

NT$25.20

Hua Nan Financial Holdings

7D

-1.4%

1Y

17.8%

5880

NT$25.10

Taiwan Cooperative Financial Holding

7D

-0.8%

1Y

-1.8%

2890

NT$23.75

SinoPac Financial Holdings

7D

4.4%

1Y

29.1%

2884

NT$26.85

E.SUN Financial Holding Company

7D

-2.2%

1Y

8.9%

2834

NT$14.85

Taiwan Business Bank

7D

-3.3%

1Y

24.5%

2801

NT$17.65

Chang Hwa Commercial Bank

7D

-0.6%

1Y

2.9%

2838

NT$15.15

Union Bank of Taiwan

7D

-1.3%

1Y

17.9%

2891

NT$36.80

CTBC Financial Holding

7D

-0.3%

1Y

37.1%

5876

NT$39.60

Shanghai Commercial & Savings Bank

7D

1.8%

1Y

-13.5%

2886

NT$39.25

Mega Financial Holding

7D

0.4%

1Y

3.1%

2887

NT$16.90

Taishin Financial Holding

7D

-1.5%

1Y

-2.4%

2892

NT$27.30

First Financial Holding

7D

1.9%

1Y

2.1%