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South African (JSE) Diversified Banks Industry Analysis

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies5
  • 7D4.3%
  • 3M-5.7%
  • 1Y5.2%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 2.2%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 7.0%. 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
Thu, 25 Apr 2024R751.3bR339.9bR90.0b6.6x8.3x2.2x
Sat, 23 Mar 2024R775.8bR337.9bR89.6b6.9x8.7x2.3x
Mon, 19 Feb 2024R831.7bR335.8bR86.3b7.2x9.6x2.5x
Wed, 17 Jan 2024R804.1bR335.8bR86.3b6.8x9.3x2.4x
Fri, 15 Dec 2023R795.0bR335.8bR86.3b6.6x9.2x2.4x
Sun, 12 Nov 2023R794.2bR335.8bR86.3b7.8x9.2x2.4x
Tue, 10 Oct 2023R754.3bR335.7bR86.4b7.3x8.7x2.2x
Thu, 07 Sep 2023R748.6bR334.6bR86.0b7.1x8.7x2.2x
Sat, 05 Aug 2023R785.4bR312.7bR79.3b7.4x9.9x2.5x
Mon, 03 Jul 2023R720.8bR312.7bR79.3b7.5x9.1x2.3x
Wed, 31 May 2023R629.5bR312.7bR79.3b6.8x7.9x2x
Fri, 28 Apr 2023R717.1bR312.7bR79.3b7.2x9x2.3x
Sun, 26 Mar 2023R712.5bR313.0bR78.9b7.1x9x2.3x
Tue, 21 Feb 2023R772.0bR293.3bR71.5b8.8x10.8x2.6x
Thu, 19 Jan 2023R769.9bR293.3bR71.5b8.2x10.8x2.6x
Sat, 17 Dec 2022R747.2bR293.3bR71.5b7.8x10.4x2.5x
Mon, 14 Nov 2022R800.2bR293.3bR71.5b8.5x11.2x2.7x
Wed, 12 Oct 2022R696.1bR293.3bR71.5b7.5x9.7x2.4x
Fri, 09 Sep 2022R724.4bR292.3bR70.7b8.6x10.2x2.5x
Sun, 07 Aug 2022R770.1bR276.9bR62.5b9.5x12.3x2.8x
Tue, 05 Jul 2022R725.7bR276.9bR62.5b9.6x11.6x2.6x
Thu, 02 Jun 2022R803.7bR276.9bR62.5b10.1x12.9x2.9x
Sat, 30 Apr 2022R787.0bR276.9bR62.5b9.6x12.6x2.8x
Mon, 28 Mar 2022R827.7bR313.0bR68.4b9.9x12.1x2.6x
Wed, 23 Feb 2022R744.7bR296.1bR55.5b12.1x13.4x2.5x
Fri, 21 Jan 2022R686.8bR296.1bR55.5b11.7x12.4x2.3x
Sun, 19 Dec 2021R655.6bR296.1bR55.5b10.9x11.8x2.2x
Tue, 16 Nov 2021R623.3bR296.1bR55.5b10.6x11.2x2.1x
Thu, 14 Oct 2021R622.9bR296.1bR55.5b10.7x11.2x2.1x
Sat, 11 Sep 2021R655.2bR289.9bR52.0b11.3x12.6x2.3x
Mon, 09 Aug 2021R628.7bR289.9bR52.0b10.6x12.1x2.2x
Sun, 02 May 2021R536.7bR275.9bR41.0b11.6x13.1x1.9x
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 8.4x 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 7.2% 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 Market1.09%
Financials3.11%
Banks4.34%
Diversified Banks4.34%
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
CPI Capitec Bank HoldingsR2.16k8.9%
+R20.4b		33.2%PB5.7x
SBK Standard Bank GroupR172.253.1%
+R8.6b		1.1%PB1.1x
NED Nedbank GroupR217.332.0%
+R1.9b		3.4%PB0.9x
ABG Absa GroupR138.200.3%
+R348.2m		-21.5%PB0.7x
SFN Sasfin HoldingsR16.457.5%
+R35.3m		-32.9%PB0.3x
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Latest News

CPI

R2,157.46

Capitec Bank Holdings

7D

8.9%

1Y

33.2%

SBK

R172.25

Standard Bank Group

7D

3.1%

1Y

1.1%

ABG

R138.20

Absa Group

7D

0.3%

1Y

-21.5%

NED

R217.33

Nedbank Group

7D

2.0%

1Y

3.4%

SFN

R16.45

Sasfin Holdings

7D

7.5%

1Y

-32.9%