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Vietnamese (HOSE) Banks Industry Analysis
UpdatedJan 31, 2025
DataAggregated Company Financials
Companies20
- 7D0.4%
- 3M2.4%
- 1Y12.4%
- YTD1.5%
All of the companies in the Banks industry have been up over the last week, with the industry up 2.2%. This means that the industry has gained 10% over the past year. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Vietnamese Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 Jan 2025 | ₫2153.4t | ₫490.8t | ₫229.3t | 8.7x | 9.4x | 4.4x |
| Sun, 29 Dec 2024 | ₫2137.3t | ₫469.0t | ₫213.6t | 9.1x | 10x | 4.6x |
| Tue, 26 Nov 2024 | ₫2037.1t | ₫469.0t | ₫213.6t | 8.7x | 9.5x | 4.3x |
| Thu, 24 Oct 2024 | ₫2109.8t | ₫456.3t | ₫205.7t | 9.3x | 10.3x | 4.6x |
| Sat, 21 Sep 2024 | ₫2066.1t | ₫455.1t | ₫204.6t | 8.5x | 10.1x | 4.5x |
| Mon, 19 Aug 2024 | ₫1995.7t | ₫455.3t | ₫204.9t | 8.4x | 9.7x | 4.4x |
| Wed, 17 Jul 2024 | ₫2002.5t | ₫429.2t | ₫193.7t | 8.4x | 10.3x | 4.7x |
| Fri, 14 Jun 2024 | ₫2040.6t | ₫429.9t | ₫194.7t | 8.3x | 10.5x | 4.7x |
| Sun, 12 May 2024 | ₫1999.8t | ₫430.0t | ₫192.6t | 7.8x | 10.4x | 4.7x |
| Tue, 09 Apr 2024 | ₫2027.4t | ₫424.6t | ₫194.7t | 8x | 10.4x | 4.8x |
| Thu, 07 Mar 2024 | ₫2060.0t | ₫419.5t | ₫192.3t | 8.4x | 10.7x | 4.9x |
| Sat, 03 Feb 2024 | ₫1887.7t | ₫411.8t | ₫183.6t | 8.5x | 10.3x | 4.6x |
| Mon, 01 Jan 2024 | ₫1735.7t | ₫404.9t | ₫178.8t | 7.3x | 9.7x | 4.3x |
| Wed, 29 Nov 2023 | ₫1703.1t | ₫397.1t | ₫175.5t | 6.9x | 9.7x | 4.3x |
| Fri, 27 Oct 2023 | ₫1631.1t | ₫394.1t | ₫175.8t | 6.4x | 9.3x | 4.1x |
| Sun, 24 Sep 2023 | ₫1781.8t | ₫395.3t | ₫176.9t | 6.9x | 10.1x | 4.5x |
| Tue, 22 Aug 2023 | ₫1746.3t | ₫395.3t | ₫176.7t | 6.9x | 9.9x | 4.4x |
| Thu, 20 Jul 2023 | ₫1754.5t | ₫384.2t | ₫171.7t | 7.2x | 10.2x | 4.6x |
| Sat, 17 Jun 2023 | ₫1695.2t | ₫374.0t | ₫166.7t | 7.4x | 10.2x | 4.5x |
| Mon, 15 May 2023 | ₫1605.3t | ₫382.2t | ₫172.8t | 6.7x | 9.3x | 4.2x |
| Wed, 12 Apr 2023 | ₫1602.5t | ₫374.3t | ₫171.9t | 7.1x | 9.3x | 4.3x |
| Fri, 10 Mar 2023 | ₫1610.9t | ₫374.2t | ₫171.7t | 6.5x | 9.4x | 4.3x |
| Sun, 05 Feb 2023 | ₫1594.0t | ₫373.2t | ₫170.5t | 6.9x | 9.4x | 4.3x |
| Tue, 03 Jan 2023 | ₫1448.0t | ₫358.0t | ₫160.2t | 6.1x | 9x | 4x |
| Thu, 01 Dec 2022 | ₫1439.7t | ₫366.5t | ₫164.0t | 6.1x | 8.8x | 3.9x |
| Sat, 29 Oct 2022 | ₫1337.3t | ₫350.9t | ₫155.0t | 6x | 8.6x | 3.8x |
| Mon, 26 Sep 2022 | ₫1479.2t | ₫332.4t | ₫145.4t | 7.5x | 10.2x | 4.5x |
| Wed, 24 Aug 2022 | ₫1616.9t | ₫330.8t | ₫145.2t | 8.2x | 11.1x | 4.9x |
| Fri, 22 Jul 2022 | ₫1521.1t | ₫309.5t | ₫133.4t | 9x | 11.4x | 4.9x |
| Sun, 19 Jun 2022 | ₫1434.3t | ₫314.1t | ₫133.4t | 8.8x | 10.8x | 4.6x |
| Tue, 17 May 2022 | ₫1447.5t | ₫314.1t | ₫133.4t | 9.7x | 10.9x | 4.6x |
| Thu, 14 Apr 2022 | ₫1843.1t | ₫297.2t | ₫121.9t | 14.3x | 15.1x | 6.2x |
| Sat, 12 Mar 2022 | ₫1830.9t | ₫294.6t | ₫125.8t | 13.6x | 14.6x | 6.2x |
| Mon, 07 Feb 2022 | ₫1979.5t | ₫298.4t | ₫128.4t | 14.2x | 15.4x | 6.6x |
Price to Earnings Ratio
15.4x
Current Industry PE
- Investors are pessimistic on the Vietnamese 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 9.4x which is lower than its 3-year average PE of 10.4x.
- The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 18% 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 Vietnamese Financials industry?
| VN Market | 0.40% | |
| Financials | 0.39% | |
| Banks | 0.42% | |
| Regional Banks | 0.79% | |
| Diversified Banks | 0.41% | |
Industry PE
- Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 4kx.
- 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 10.3x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 18% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LPB Fortune Vietnam Commercial Bank | ₫35.85k | 1.6% +₫1.6t | 133.9% | PB2.5x | |
| MBB Military Commercial Bank | ₫22.40k | 0.9% +₫1.2t | 17.6% | PB1.3x | |
| TCB Vietnam Technological and Commercial Bank | ₫24.75k | 0.6% +₫1.1t | 44.9% | PB1.2x | |
| HDB Ho Chi Minh City Development Commercial Bank | ₫22.65k | 1.1% +₫873.0b | 24.7% | PB1.5x | |
| OCB Orient Commercial Bank | ₫11.20k | 2.8% +₫739.8b | -9.2% | PB0.9x |