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South African (JSE) Diversified Banks Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies5
  • 7D-4.3%
  • 3M-8.4%
  • 1Y0.1%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 1.8%, driven by Capitec Bank Holdings declining 7.2%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Apr 2024R747.7bR337.8bR89.5b6.8x8.4x2.2x
Mon, 11 Mar 2024R822.7bR337.3bR86.9b7x9.5x2.4x
Wed, 07 Feb 2024R814.9bR335.8bR86.3b6.9x9.4x2.4x
Fri, 05 Jan 2024R797.3bR335.8bR86.3b7.9x9.2x2.4x
Sun, 03 Dec 2023R809.3bR335.8bR86.3b7.7x9.4x2.4x
Tue, 31 Oct 2023R735.4bR335.7bR86.4b7x8.5x2.2x
Thu, 28 Sep 2023R743.5bR334.6bR86.0b7.3x8.6x2.2x
Sat, 26 Aug 2023R767.9bR334.6bR86.0b7.3x8.9x2.3x
Mon, 24 Jul 2023R748.5bR312.7bR79.3b7.4x9.4x2.4x
Wed, 21 Jun 2023R718.7bR312.7bR79.3b7.6x9.1x2.3x
Fri, 19 May 2023R648.9bR312.7bR79.3b6.9x8.2x2.1x
Sun, 16 Apr 2023R750.4bR313.0bR78.9b7.5x9.5x2.4x
Tue, 14 Mar 2023R726.8bR310.6bR78.4b7.5x9.3x2.3x
Thu, 09 Feb 2023R782.1bR293.3bR71.5b8.8x10.9x2.7x
Sat, 07 Jan 2023R756.6bR293.3bR71.5b8x10.6x2.6x
Mon, 05 Dec 2022R758.3bR293.3bR71.5b8x10.6x2.6x
Wed, 02 Nov 2022R772.6bR293.3bR71.5b8.2x10.8x2.6x
Fri, 30 Sep 2022R666.7bR292.4bR70.8b7.5x9.4x2.3x
Sun, 28 Aug 2022R781.8bR289.1bR69.1b9.2x11.3x2.7x
Tue, 26 Jul 2022R734.6bR276.9bR62.5b9.2x11.8x2.7x
Thu, 23 Jun 2022R758.1bR276.9bR62.5b10.8x12.1x2.7x
Sat, 21 May 2022R755.8bR276.9bR62.5b9.6x12.1x2.7x
Mon, 18 Apr 2022R780.2bR276.9bR62.5b10x12.5x2.8x
Wed, 16 Mar 2022R765.8bR307.1bR64.6b10.4x11.9x2.5x
Fri, 11 Feb 2022R739.3bR296.1bR55.5b11.9x13.3x2.5x
Sun, 09 Jan 2022R710.3bR296.1bR55.5b11.6x12.8x2.4x
Tue, 07 Dec 2021R641.8bR296.1bR55.5b10.9x11.6x2.2x
Thu, 04 Nov 2021R628.6bR296.1bR55.5b11x11.3x2.1x
Sat, 02 Oct 2021R649.8bR296.1bR55.5b11.1x11.7x2.2x
Mon, 30 Aug 2021R667.0bR289.9bR52.0b11.6x12.8x2.3x
Tue, 06 Jul 2021R598.3bR289.9bR52.0b10.2x11.5x2.1x
Price to Earnings Ratio

13.1x


Total Market Cap: R536.7bTotal Earnings: R41.0bTotal Revenue: R275.9bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Banks Industry Price to Earnings3Y Average 10.8x202220232024
Current Industry PE
  • Investors are pessimistic on the South African Diversified 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 8.6x which is lower than its 3-year average PE of 10.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 7.0% 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 South African Diversified Banks compare with similar industries?

ZA Market0.60%
Financials-3.30%
Banks-4.34%
Diversified Banks-4.34%
Regional Banks0%
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
SFN Sasfin HoldingsR15.300.3%
+R1.5m
-38.8%PB0.3x
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Latest News

ABG

R145.10

Absa Group

7D

-0.9%

1Y

-22.2%

NED

R222.38

Nedbank Group

7D

-3.1%

1Y

3.3%

SBK

R173.40

Standard Bank Group

7D

-3.8%

1Y

0.7%

SFN

R15.30

Sasfin Holdings

7D

0.3%

1Y

-38.8%

CPI

R2,041.07

Capitec Bank Holdings

7D

-7.2%

1Y

14.7%