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Vietnamese (HOSE) Banks Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies20
  • 7D2.6%
  • 3M18.8%
  • 1Y26.0%
  • YTD17.4%

The Banks industry is up 5.3% in the last week, with Commercial Bank for Foreign Trade of Vietnam up 2.8%. This takes the industry's 12 month performance to a gain of 27%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024₫2083.2t₫426.3t₫194.7t8.2x10.7x4.9x
Sat, 24 Feb 2024₫1985.7t₫418.2t₫192.7t7.8x10.3x4.7x
Mon, 22 Jan 2024₫1940.7t₫403.8t₫177.8t8.9x10.9x4.8x
Wed, 20 Dec 2023₫1691.0t₫397.1t₫175.5t6.8x9.6x4.3x
Fri, 17 Nov 2023₫1760.0t₫396.7t₫175.2t7.3x10x4.4x
Sun, 15 Oct 2023₫1713.9t₫395.3t₫176.9t6.4x9.7x4.3x
Tue, 12 Sep 2023₫1797.3t₫395.3t₫176.9t7x10.2x4.5x
Thu, 10 Aug 2023₫1830.3t₫395.3t₫176.7t7x10.4x4.6x
Sat, 08 Jul 2023₫1715.3t₫384.2t₫171.7t7.1x10x4.5x
Mon, 05 Jun 2023₫1653.8t₫374.0t₫166.7t7.3x9.9x4.4x
Wed, 03 May 2023₫1580.9t₫376.5t₫168.2t7.4x9.4x4.2x
Fri, 31 Mar 2023₫1609.7t₫374.3t₫171.5t7x9.4x4.3x
Sun, 26 Feb 2023₫1565.8t₫374.2t₫171.7t6.3x9.1x4.2x
Tue, 24 Jan 2023₫1647.7t₫359.3t₫160.7t6.9x10.3x4.6x
Thu, 22 Dec 2022₫1454.4t₫366.5t₫164.0t6.4x8.9x4x
Sat, 19 Nov 2022₫1321.8t₫366.5t₫164.0t5.7x8.1x3.6x
Mon, 17 Oct 2022₫1307.6t₫332.4t₫145.4t6.3x9x3.9x
Wed, 14 Sep 2022₫1560.4t₫332.5t₫145.4t8x10.7x4.7x
Fri, 12 Aug 2022₫1602.7t₫330.8t₫145.2t8.2x11x4.8x
Sun, 10 Jul 2022₫1501.3t₫307.0t₫131.7t10.1x11.4x4.9x
Tue, 07 Jun 2022₫1558.1t₫314.1t₫133.4t10.2x11.7x5x
Thu, 05 May 2022₫1668.1t₫311.9t₫131.8t11.5x12.7x5.3x
Sat, 02 Apr 2022₫1871.5t₫297.1t₫125.7t14.7x14.9x6.3x
Mon, 28 Feb 2022₫1908.4t₫295.4t₫126.0t14.5x15.1x6.5x
Wed, 26 Jan 2022₫1987.3t₫295.9t₫121.7t13.6x16.3x6.7x
Fri, 24 Dec 2021₫1682.6t₫298.1t₫122.1t12.8x13.8x5.6x
Sun, 21 Nov 2021₫1724.9t₫298.1t₫122.1t12.7x14.1x5.8x
Tue, 19 Oct 2021₫1673.8t₫290.5t₫118.9t13.8x14.1x5.8x
Thu, 16 Sep 2021₫1641.8t₫292.2t₫119.1t14.4x13.8x5.6x
Sat, 14 Aug 2021₫1730.1t₫292.2t₫119.1t16x14.5x5.9x
Wed, 09 Jun 2021₫1818.3t₫278.4t₫112.3t18.2x16.2x6.5x
Price to Earnings Ratio

12.8x


Total Market Cap: ₫1439.3tTotal Earnings: ₫112.3tTotal Revenue: ₫278.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Banks Industry Price to Earnings3Y Average 11.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Vietnamese 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 11.7x.
  • The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market1.84%
Financials2.54%
Banks2.57%
Diversified Banks2.59%
Regional Banks0.85%
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 11.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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?

CompanyLast Price7D1YValuation
TCB Vietnam Technological and Commercial Bank₫48.00k6.4%
+₫10.2t
73.3%PB1.3x
VPB Vietnam Prosperity Commercial Bank₫19.65k4.8%
+₫7.1t
-6.0%PB1.2x
CTG Vietnam Commercial Bank for Industry and Trade₫35.75k2.4%
+₫4.6t
37.8%PB1.5x
MBB Military Commercial Bank₫25.50k3.0%
+₫4.0t
60.7%PB1.5x
VCB Commercial Bank for Foreign Trade of Vietnam₫95.70k0.5%
+₫2.8t
21.9%PB3.2x
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Latest News

TCB

₫48,000.00

Vietnam Technological and Commercial Bank

7D

6.4%

1Y

73.3%

VPB

₫19,650.00

Vietnam Prosperity Commercial Bank

7D

4.8%

1Y

-6.0%

VIB

₫24,250.00

Vietnam International Commercial Bank

7D

-0.2%

1Y

36.3%

CTG

₫35,750.00

Vietnam Commercial Bank for Industry and Trade

7D

2.4%

1Y

37.8%

STB

₫32,000.00

Saigon Thuong Tin Commercial Bank

7D

1.6%

1Y

23.1%

BID

₫52,600.00

Commercial Bank for Investment and Development of Vietnam

7D

-0.8%

1Y

28.3%

VCB

₫95,700.00

Commercial Bank for Foreign Trade of Vietnam

7D

0.5%

1Y

21.9%

SSB

₫22,200.00

Southeast Asia Commercial Bank

7D

-1.6%

1Y

-15.1%

ACB

₫28,350.00

Asia Commercial Bank

7D

1.3%

1Y

32.5%

HDB

₫24,250.00

Ho Chi Minh City Development Commercial Bank

7D

1.5%

1Y

49.1%

MBB

₫25,500.00

Military Commercial Bank

7D

3.0%

1Y

60.7%