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South African (JSE) Diversified Banks Industry Analysis

UpdatedDec 20, 2024
DataAggregated Company Financials
Companies5
  • 7D-2.7%
  • 3M-0.6%
  • 1Y32.8%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has dropped 2.7%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 33%. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024R1.0tR348.7bR90.6b8.4x11.4x3x
Mon, 18 Nov 2024R1.0tR349.1bR90.6b8.8x11.5x3x
Wed, 16 Oct 2024R1.1tR349.6bR91.0b9.2x11.7x3x
Fri, 13 Sep 2024R1.0tR345.2bR89.2b8.7x11.2x2.9x
Sun, 11 Aug 2024R936.5bR341.9bR90.6b8.2x10.3x2.7x
Tue, 09 Jul 2024R910.1bR339.9bR90.0b8x10.1x2.7x
Thu, 06 Jun 2024R778.4bR339.9bR90.0b6.8x8.6x2.3x
Sat, 04 May 2024R787.8bR339.9bR90.0b6.9x8.7x2.3x
Mon, 01 Apr 2024R779.1bR337.9bR89.6b6.9x8.7x2.3x
Wed, 28 Feb 2024R820.2bR335.8bR86.3b6.9x9.5x2.4x
Fri, 26 Jan 2024R804.1bR335.8bR86.3b6.7x9.3x2.4x
Sun, 24 Dec 2023R801.0bR335.8bR86.3b7.1x9.3x2.4x
Tue, 21 Nov 2023R802.7bR335.8bR86.3b7.3x9.3x2.4x
Thu, 19 Oct 2023R763.6bR335.7bR86.4b7.2x8.8x2.3x
Sat, 16 Sep 2023R746.8bR334.6bR86.0b7.2x8.7x2.2x
Mon, 14 Aug 2023R789.2bR314.8bR79.8b7.4x9.9x2.5x
Wed, 12 Jul 2023R712.7bR312.7bR79.3b7.2x9x2.3x
Fri, 09 Jun 2023R677.6bR312.7bR79.3b7.3x8.5x2.2x
Sun, 07 May 2023R693.8bR312.7bR79.3b7.1x8.7x2.2x
Tue, 04 Apr 2023R749.0bR313.0bR78.9b7.5x9.5x2.4x
Thu, 02 Mar 2023R793.7bR293.3bR71.5b8.9x11.1x2.7x
Sat, 28 Jan 2023R778.1bR293.3bR71.5b8.6x10.9x2.7x
Mon, 26 Dec 2022R775.8bR293.3bR71.5b8.1x10.8x2.6x
Wed, 23 Nov 2022R817.5bR293.3bR71.5b8.6x11.4x2.8x
Fri, 21 Oct 2022R745.2bR293.3bR71.5b7.9x10.4x2.5x
Sun, 18 Sep 2022R693.3bR292.3bR70.7b8.1x9.8x2.4x
Tue, 16 Aug 2022R797.7bR276.9bR62.5b9.5x12.8x2.9x
Thu, 14 Jul 2022R704.3bR276.9bR62.5b10x11.3x2.5x
Sat, 11 Jun 2022R736.2bR276.9bR62.5b10.3x11.8x2.7x
Mon, 09 May 2022R730.3bR276.9bR62.5b9.4x11.7x2.6x
Wed, 06 Apr 2022R831.9bR274.4bR61.7b9.9x13.5x3x
Fri, 04 Mar 2022R792.2bR296.1bR55.5b13.1x14.3x2.7x
Sun, 30 Jan 2022R703.9bR296.1bR55.5b11.7x12.7x2.4x
Tue, 28 Dec 2021R659.1bR296.1bR55.5b11.1x11.9x2.2x
Price to Earnings Ratio

11.9x


Total Market Cap: R659.1bTotal Earnings: R55.5bTotal Revenue: R296.1bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Banks Industry Price to Earnings3Y Average 10.4x202220232024
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 10.4x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 5.6% 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-2.90%
Financials-2.49%
Banks-2.65%
Diversified Banks-2.65%
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
No data available
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Latest News

CPI

R3,176.39

Capitec Bank Holdings

7D

-4.6%

1Y

60.0%

NED

R284.63

Nedbank Group

7D

-2.4%

1Y

35.3%

SFN

R10.40

Sasfin Holdings

7D

-63.9%

1Y

-58.4%

ABG

R193.69

Absa Group

7D

-1.6%

1Y

22.0%