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South African (JSE) Diversified Banks Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies5
  • 7D3.0%
  • 3M2.7%
  • 1Y27.8%
  • YTD12.6%

Over the last 7 days, the Diversified Banks industry has risen 3.0%, driven by gains from Standard Bank Group of 4.5%. This means that the industry has gained 28% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022R778.8bR276.9bR62.5b10.7x
Mon, 25 Apr 2022R778.3bR276.9bR62.5b9.9x
Wed, 23 Mar 2022R821.9bR307.1bR64.6b11.1x
Fri, 18 Feb 2022R754.0bR296.1bR55.5b12.4x
Sun, 16 Jan 2022R716.2bR296.1bR55.5b11.6x
Tue, 14 Dec 2021R637.1bR296.1bR55.5b10.7x
Thu, 11 Nov 2021R627.2bR296.1bR55.5b10.7x
Sat, 09 Oct 2021R617.2bR296.1bR55.5b10.7x
Mon, 06 Sep 2021R662.6bR289.9bR52.0b11.5x
Wed, 04 Aug 2021R598.1bR289.9bR52.0b10.1x
Sat, 08 May 2021R536.7bR275.9bR41.0b11.6x
Tue, 09 Feb 2021R518.4bR261.3bR29.7b16.2x
Mon, 02 Nov 2020R422.2bR265.8bR34.5b11.1x
Thu, 06 Aug 2020R395.3bR272.6bR40.7b9.2x
Sun, 10 May 2020R397.8bR289.8bR55.0b7.5x
Sat, 01 Feb 2020R620.3bR305.2bR68.0b7.9x
Tue, 05 Nov 2019R679.5bR305.9bR70.1b8.8x
Fri, 09 Aug 2019R674.9bR306.6bR72.3b8.9x
Median PE Ratio

9.6x


Total Market Cap: R739.1bTotal Earnings: R71.7bTotal Revenue: R303.8bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Banks Industry Median PE3Y Average 10.5x202020212022
Current Industry PE
  • Investors are relatively neutral on the 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 10.5x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have declined 4.5% per year over the last three years,
  • Revenues have also declined 3.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does South African Diversified Banks compare with similar industries?

ZA Market2.68%
Financials2.71%
Banks3.03%
Diversified Banks3.03%
Regional Banks0%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SBK Standard Bank GroupR168.204.5%
+R12.0b
26.3%PB1.3x
ABG Absa GroupR172.974.5%
+R6.1b
21.1%PB1.1x
NED Nedbank GroupR220.285.0%
+R5.1b
37.5%PB1.1x
SFN Sasfin HoldingsR32.0011.0%
+R97.2m
56.6%PB0.6x
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