Header cover image

South African (JSE) Diversified Banks Industry Analysis

UpdatedJun 01, 2023
DataAggregated Company Financials
Companies5
  • 7D-3.7%
  • 3M-18.6%
  • 1Y-20.8%
  • YTD-16.7%

Over the last 7 days, the Diversified Banks industry has dropped 3.7%, driven by Capitec Bank Holdings declining 7.0%. However, the industry is down 21% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023R632.9bR312.7bR79.3b6.9x8x2x
Sat, 29 Apr 2023R717.3bR312.7bR79.3b7.2x9x2.3x
Mon, 27 Mar 2023R712.5bR313.0bR78.9b7.1x9x2.3x
Wed, 22 Feb 2023R776.2bR293.3bR71.5b8.7x10.9x2.6x
Fri, 20 Jan 2023R766.0bR293.3bR71.5b8.2x10.7x2.6x
Sun, 18 Dec 2022R747.2bR293.3bR71.5b7.8x10.4x2.5x
Tue, 15 Nov 2022R803.7bR293.3bR71.5b8.5x11.2x2.7x
Thu, 13 Oct 2022R695.8bR293.3bR71.5b7.5x9.7x2.4x
Sat, 10 Sep 2022R737.7bR292.3bR70.7b8.8x10.4x2.5x
Mon, 08 Aug 2022R770.1bR276.9bR62.5b9.5x12.3x2.8x
Wed, 06 Jul 2022R700.4bR276.9bR62.5b9.2x11.2x2.5x
Fri, 03 Jun 2022R803.7bR276.9bR62.5b10.1x12.9x2.9x
Sun, 01 May 2022R787.0bR276.9bR62.5b9.6x12.6x2.8x
Tue, 29 Mar 2022R835.8bR274.4bR61.7b10.3x13.5x3x
Thu, 24 Feb 2022R744.7bR296.1bR55.5b12.1x13.4x2.5x
Sat, 22 Jan 2022R688.8bR296.1bR55.5b11.5x12.4x2.3x
Mon, 20 Dec 2021R655.6bR296.1bR55.5b10.9x11.8x2.2x
Wed, 17 Nov 2021R623.3bR296.1bR55.5b10.6x11.2x2.1x
Fri, 15 Oct 2021R622.0bR296.1bR55.5b10.7x11.2x2.1x
Sun, 12 Sep 2021R655.2bR289.9bR52.0b11.3x12.6x2.3x
Tue, 10 Aug 2021R627.8bR289.9bR52.0b10.6x12.1x2.2x
Mon, 03 May 2021R536.7bR275.9bR41.0b11.6x13.1x1.9x
Thu, 04 Feb 2021R518.4bR261.3bR29.7b16.2x17.4x2x
Sun, 08 Nov 2020R422.2bR265.8bR34.5b11.1x12.2x1.6x
Sat, 01 Aug 2020R395.3bR272.6bR40.7b9.2x9.7x1.5x
Price to Earnings Ratio

7x


Total Market Cap: R377.9bTotal Earnings: R53.9bTotal Revenue: R288.4bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Banks Industry Price to Earnings3Y Average 12.1x202120222023
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 8.0x which is lower than its 3-year average PE of 12.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 2.7% 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 Market-1.51%
Financials-2.56%
Banks-3.71%
Diversified Banks-3.71%
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 HoldingsR24.504.3%
+R30.8m
-19.6%PB0.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SBK

R151.54

Standard Bank Group

7D

-2.6%

1Y

-12.4%

ABG

R153.83

Absa Group

7D

-3.9%

1Y

-14.3%

CPI

R1,350.00

Capitec Bank Holdings

7D

-7.0%

1Y

-38.7%

NED

R208.17

Nedbank Group

7D

-0.9%

1Y

-9.8%

SFN

R24.50

Sasfin Holdings

7D

4.3%

1Y

-19.6%