Results: Standard Chartered PLC Exceeded Expectations And The Consensus Has Updated Its Estimates
May 05
U.K. (FTSE) Diversified Banks Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies11
- 7D3.4%
- 3M23.0%
- 1Y20.1%
- YTDn/a
The Diversified Banks industry is up 2.8% in the last week, with HSBC Holdings up 2.2%. Meanwhile, Bank of Georgia Group actually underperformed within the industry, shrinking 14% in the last week. This means that the industry has gained 19% over the past year. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the U.K. Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | UK£227.3b | UK£97.8b | UK£31.7b | 5.2x | 7.2x | 2.3x |
| Sat, 06 Apr 2024 | UK£237.1b | UK£120.7b | UK£36.5b | 5.5x | 6.5x | 2x |
| Mon, 04 Mar 2024 | UK£222.3b | UK£120.3b | UK£36.5b | 6.1x | 6.1x | 1.8x |
| Wed, 31 Jan 2024 | UK£191.1b | UK£108.9b | UK£37.5b | 5.2x | 5.1x | 1.8x |
| Fri, 29 Dec 2023 | UK£201.6b | UK£108.6b | UK£37.4b | 5.1x | 5.4x | 1.9x |
| Sun, 26 Nov 2023 | UK£192.9b | UK£109.4b | UK£37.6b | 4.8x | 5.1x | 1.8x |
| Tue, 24 Oct 2023 | UK£198.4b | UK£104.2b | UK£34.7b | 4.9x | 5.7x | 1.9x |
| Thu, 21 Sep 2023 | UK£203.5b | UK£103.4b | UK£34.5b | 5.3x | 5.9x | 2x |
| Sat, 19 Aug 2023 | UK£194.8b | UK£101.5b | UK£33.8b | 5.1x | 5.8x | 1.9x |
| Mon, 17 Jul 2023 | UK£226.2b | UK£118.0b | UK£37.2b | 5.3x | 6.1x | 1.9x |
| Wed, 14 Jun 2023 | UK£226.0b | UK£120.3b | UK£38.0b | 5.7x | 6x | 1.9x |
| Fri, 12 May 2023 | UK£225.6b | UK£123.4b | UK£37.9b | 5.4x | 6x | 1.8x |
| Sun, 09 Apr 2023 | UK£221.8b | UK£114.9b | UK£30.5b | 6.4x | 7.3x | 1.9x |
| Tue, 07 Mar 2023 | UK£244.8b | UK£117.0b | UK£31.6b | 5.4x | 7.7x | 2.1x |
| Thu, 02 Feb 2023 | UK£217.5b | UK£86.8b | UK£21.7b | 7.2x | 10x | 2.5x |
| Sat, 31 Dec 2022 | UK£186.1b | UK£87.8b | UK£21.9b | 6.5x | 8.5x | 2.1x |
| Mon, 28 Nov 2022 | UK£181.3b | UK£88.0b | UK£22.0b | 6.6x | 8.2x | 2.1x |
| Wed, 26 Oct 2022 | UK£166.2b | UK£92.1b | UK£24.1b | 5.3x | 6.9x | 1.8x |
| Fri, 23 Sep 2022 | UK£187.1b | UK£93.3b | UK£24.4b | 6.4x | 7.7x | 2x |
| Sun, 21 Aug 2022 | UK£191.8b | UK£90.8b | UK£23.7b | 6.3x | 8.1x | 2.1x |
| Tue, 19 Jul 2022 | UK£201.6b | UK£114.1b | UK£28.9b | 4.4x | 7x | 1.8x |
| Thu, 16 Jun 2022 | UK£212.5b | UK£113.4b | UK£28.8b | 5.4x | 7.4x | 1.9x |
| Sat, 14 May 2022 | UK£204.2b | UK£112.2b | UK£28.4b | 4.3x | 7.2x | 1.8x |
| Mon, 11 Apr 2022 | UK£209.3b | UK£108.8b | UK£28.4b | 5.8x | 7.4x | 1.9x |
| Wed, 09 Mar 2022 | UK£193.4b | UK£107.1b | UK£27.8b | 5.5x | 7x | 1.8x |
| Fri, 04 Feb 2022 | UK£251.2b | UK£103.6b | UK£25.9b | 7.1x | 9.7x | 2.4x |
| Sun, 02 Jan 2022 | UK£222.7b | UK£103.8b | UK£26.0b | 6.5x | 8.6x | 2.1x |
| Tue, 30 Nov 2021 | UK£211.4b | UK£104.7b | UK£26.1b | 6.4x | 8.1x | 2x |
| Thu, 28 Oct 2021 | UK£242.5b | UK£110.6b | UK£25.9b | 7.4x | 9.4x | 2.2x |
| Sat, 25 Sep 2021 | UK£215.9b | UK£108.4b | UK£23.3b | 6.8x | 9.3x | 2x |
| Mon, 23 Aug 2021 | UK£219.2b | UK£107.9b | UK£23.2b | 6.6x | 9.4x | 2x |
| Sat, 10 Jul 2021 | UK£221.8b | UK£107.9b | UK£23.2b | 7x | 9.5x | 2.1x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are pessimistic on the British 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 7.1x which is lower than its 3-year average PE of 8.3x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 38% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does U.K. Diversified Banks compare with similar industries?
| GB Market | 2.66% | |
| Financials | 3.55% | |
| Banks | 3.36% | |
| Diversified Banks | 3.36% | |
| Regional Banks | 4.82% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HSBA HSBC Holdings | UK£7.21 | 2.2% +UK£2.9b | 21.4% | PB0.9x | |
| BARC Barclays | UK£2.12 | 5.3% +UK£1.6b | 37.9% | PB0.4x | |
| NWG NatWest Group | UK£3.17 | 4.6% +UK£1.3b | 22.0% | PB0.7x | |
| LLOY Lloyds Banking Group | UK£0.54 | 3.6% +UK£1.2b | 17.6% | PB0.7x | |
| HSBK Halyk Bank of Kazakhstan | US$18.90 | 1.0% +US$49.1m | 35.4% | PB0.9x |