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South African (JSE) Diversified Banks Industry Analysis

UpdatedMar 19, 2025
DataAggregated Company Financials
Companies4
  • 7D4.6%
  • 3M-1.8%
  • 1Y32.9%
  • YTDn/a

In the last week, the Diversified Banks industry is up 2.8%, with Standard Bank Group up 9.3%. This takes the industry's 12 month performance to a gain of 32%. Looking forward, 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
Wed, 19 Mar 2025R1.0tR359.1bR94.4b8.2x10.9x2.9x
Fri, 14 Feb 2025R1.0tR348.4bR90.9b8.3x11.1x2.9x
Sun, 12 Jan 2025R1.0tR348.4bR90.9b8.4x11.1x2.9x
Tue, 10 Dec 2024R1.1tR348.7bR90.6b8.9x11.9x3.1x
Thu, 07 Nov 2024R1.1tR349.1bR90.6b9x11.8x3.1x
Sat, 05 Oct 2024R1.0tR349.6bR91.0b9x11.3x2.9x
Mon, 02 Sep 2024R1.0tR345.2bR89.2b9.1x11.4x3x
Wed, 31 Jul 2024R943.6bR339.9bR90.0b8.3x10.5x2.8x
Fri, 28 Jun 2024R876.8bR339.9bR90.0b7.5x9.7x2.6x
Sun, 26 May 2024R815.7bR339.9bR90.0b7.3x9.1x2.4x
Tue, 23 Apr 2024R725.7bR337.8bR89.5b6.5x8.1x2.1x
Thu, 21 Mar 2024R777.6bR337.9bR89.6b6.9x8.7x2.3x
Sat, 17 Feb 2024R831.7bR335.8bR86.3b7.2x9.6x2.5x
Mon, 15 Jan 2024R823.9bR335.8bR86.3b7.9x9.5x2.5x
Wed, 13 Dec 2023R766.7bR335.8bR86.3b6.6x8.9x2.3x
Fri, 10 Nov 2023R789.1bR335.8bR86.3b7.6x9.1x2.3x
Sun, 08 Oct 2023R760.4bR335.7bR86.4b7.2x8.8x2.3x
Tue, 05 Sep 2023R761.1bR334.6bR86.0b7.2x8.8x2.3x
Thu, 03 Aug 2023R757.5bR312.7bR79.3b7.4x9.5x2.4x
Sat, 01 Jul 2023R720.8bR312.7bR79.3b7.5x9.1x2.3x
Mon, 29 May 2023R646.1bR312.7bR79.3b7x8.1x2.1x
Wed, 26 Apr 2023R709.1bR312.7bR79.3b7.1x8.9x2.3x
Fri, 24 Mar 2023R723.4bR313.0bR78.9b7.3x9.2x2.3x
Sun, 19 Feb 2023R768.4bR293.3bR71.5b8.7x10.7x2.6x
Tue, 17 Jan 2023R780.3bR293.3bR71.5b8.2x10.9x2.7x
Thu, 15 Dec 2022R764.9bR293.3bR71.5b8x10.7x2.6x
Sat, 12 Nov 2022R800.2bR293.3bR71.5b8.5x11.2x2.7x
Mon, 10 Oct 2022R686.5bR293.3bR71.5b7.5x9.6x2.3x
Wed, 07 Sep 2022R758.4bR292.3bR70.7b8.8x10.7x2.6x
Fri, 05 Aug 2022R754.4bR276.9bR62.5b9.3x12.1x2.7x
Sun, 03 Jul 2022R709.6bR276.9bR62.5b9.6x11.4x2.6x
Tue, 31 May 2022R813.5bR276.9bR62.5b10.7x13x2.9x
Thu, 28 Apr 2022R784.9bR276.9bR62.5b9.4x12.6x2.8x
Sat, 26 Mar 2022R827.7bR313.0bR68.4b9.9x12.1x2.6x
Price to Earnings Ratio

12.1x


Total Market Cap: R827.7bTotal Earnings: R68.4bTotal Revenue: R313.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Banks Industry Price to Earnings3Y Average 10.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the South African 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 10.3x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 4.7% 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 South African Diversified Banks compare with similar industries?

ZA Market1.58%
Financials3.14%
Banks4.61%
Diversified Banks4.61%
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
SBK Standard Bank GroupR239.609.3%
+R30.8b		29.2%PB1.5x
CPI Capitec Bank HoldingsR3.08k4.4%
+R15.1b		50.0%PB7.8x
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Latest News

ABG

R183.76

Absa Group

7D

-1.2%

1Y

21.9%

SBK

R239.60

Standard Bank Group

7D

9.3%

1Y

29.2%

NED

R264.16

Nedbank Group

7D

-1.2%

1Y

17.9%

CPI

R3,080.81

Capitec Bank Holdings

7D

4.4%

1Y

50.0%