Industry Valuation and Performance
Has the South African Banks Industry valuation changed over the past few years?
Date Market Cap Revenue Earnings PE Absolute PE PS Tue, 26 Sep 2023 R755.0b R334.6b R86.0b 7.4x 8.8x 2.3x Thu, 24 Aug 2023 R772.1b R334.6b R86.0b 7.2x 9x 2.3x Sat, 22 Jul 2023 R748.5b R312.7b R79.3b 7.4x 9.4x 2.4x Mon, 19 Jun 2023 R710.5b R312.7b R79.3b 7.5x 9x 2.3x Wed, 17 May 2023 R662.1b R312.7b R79.3b 7x 8.3x 2.1x Fri, 14 Apr 2023 R748.7b R313.0b R78.9b 7.4x 9.5x 2.4x Sun, 12 Mar 2023 R752.2b R310.6b R78.4b 7.8x 9.6x 2.4x Tue, 07 Feb 2023 R788.5b R293.3b R71.5b 8.8x 11x 2.7x Thu, 05 Jan 2023 R766.5b R293.3b R71.5b 8.1x 10.7x 2.6x Sat, 03 Dec 2022 R758.3b R293.3b R71.5b 8x 10.6x 2.6x Mon, 31 Oct 2022 R783.1b R293.3b R71.5b 8.4x 10.9x 2.7x Wed, 28 Sep 2022 R689.6b R292.4b R70.8b 7.7x 9.7x 2.4x Fri, 26 Aug 2022 R768.7b R289.1b R69.1b 9.4x 11.1x 2.7x Sun, 24 Jul 2022 R738.9b R276.9b R62.5b 9.2x 11.8x 2.7x Tue, 21 Jun 2022 R760.9b R276.9b R62.5b 10x 12.2x 2.7x Thu, 19 May 2022 R772.5b R276.9b R62.5b 9.5x 12.4x 2.8x Sat, 16 Apr 2022 R780.2b R276.9b R62.5b 10x 12.5x 2.8x Mon, 14 Mar 2022 R761.2b R301.5b R60.4b 10.6x 12.6x 2.5x Wed, 09 Feb 2022 R736.1b R296.1b R55.5b 12.1x 13.3x 2.5x Fri, 07 Jan 2022 R700.9b R296.1b R55.5b 0.6x 12.6x 2.4x Sun, 05 Dec 2021 R631.7b R296.1b R55.5b 10.7x 11.4x 2.1x Tue, 02 Nov 2021 R617.6b R296.1b R55.5b 10.8x 11.1x 2.1x Thu, 30 Sep 2021 R659.9b R290.2b R52.2b 11.1x 12.6x 2.3x Sat, 28 Aug 2021 R672.8b R289.9b R52.0b 11.6x 12.9x 2.3x Sun, 04 Jul 2021 R598.3b R289.9b R52.0b 10.2x 11.5x 2.1x Wed, 07 Apr 2021 R539.7b R275.9b R41.0b 12.3x 13.2x 2x Sat, 09 Jan 2021 R533.7b R261.3b R29.7b 16.9x 18x 2x Fri, 02 Oct 2020 R417.8b R265.8b R34.5b 11.4x 12.1x 1.6x 1Y 3Y 5Y 10Y Price to Earnings Price to Sales Median Price to Earnings Price to Earnings Ratio
Fri, 02 Oct 2020 Total Market Cap: R417.8b Total Earnings: R34.5b Total Revenue: R265.8b Total Market Cap vs Earnings and Revenue 0% 0% 0% South African Banks Industry Price to Earnings 3Y Average 12x 2021 2022 2023 Current Industry PE Investors are pessimistic on the South African 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 8.8x which is lower than its 3-year average PE of 12.0x. The industry is trading close to its 3-year average PS ratio of 2.3x. Past Earnings Growth The earnings for companies in the Banks industry have grown 36% per year over the last three years. Revenues for these companies have grown 8.0% 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 South African Financials industry?
ZA Market 0.19% Financials 1.59% Banks 3.10% Diversified Banks 3.10% Regional Banks 0% Industry PE Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 12.0x. Analysts are expecting annual earnings growth of 10.0%, which is lower than the prior year's growth of 14.4% per year. Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 12.0x. Forecasted Growth Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 10.0% over the next 5 years. However this is lower than its past earnings growth rate of 14% per year. In contrast, the Diversified Banks industry is expected to see its earnings grow by 10.0% per year over the next few years. Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
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