Saudi Arabian (Tadawul) Diversified Banks Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies10
- 7D-3.4%
- 3M-13.7%
- 1Y0.4%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has dropped 4.3%, driven by pullbacks from every company within the industry. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 8.2% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ر.س902.3b | ر.س123.6b | ر.س68.6b | 10.8x | 13.1x | 7.3x |
| Sat, 27 Apr 2024 | ر.س939.1b | ر.س121.5b | ر.س67.3b | 11.6x | 14x | 7.7x |
| Mon, 25 Mar 2024 | ر.س1.0t | ر.س121.5b | ر.س67.3b | 12.2x | 15.3x | 8.5x |
| Wed, 21 Feb 2024 | ر.س1.0t | ر.س121.4b | ر.س67.4b | 12.4x | 15.4x | 8.6x |
| Fri, 19 Jan 2024 | ر.س998.7b | ر.س119.3b | ر.س66.6b | 12.5x | 15x | 8.4x |
| Sun, 17 Dec 2023 | ر.س937.4b | ر.س119.3b | ر.س66.6b | 11.5x | 14.1x | 7.9x |
| Tue, 14 Nov 2023 | ر.س848.2b | ر.س119.3b | ر.س66.6b | 10.9x | 12.7x | 7.1x |
| Thu, 12 Oct 2023 | ر.س801.9b | ر.س116.6b | ر.س65.3b | 11.2x | 12.3x | 6.9x |
| Sat, 09 Sep 2023 | ر.س873.3b | ر.س116.6b | ر.س65.3b | 11.7x | 13.4x | 7.5x |
| Mon, 07 Aug 2023 | ر.س901.3b | ر.س116.7b | ر.س65.4b | 12.1x | 13.8x | 7.7x |
| Wed, 05 Jul 2023 | ر.س923.9b | ر.س113.2b | ر.س63.6b | 14.5x | 14.5x | 8.2x |
| Fri, 02 Jun 2023 | ر.س895.5b | ر.س113.2b | ر.س63.6b | 13.1x | 14.1x | 7.9x |
| Sun, 30 Apr 2023 | ر.س912.7b | ر.س109.7b | ر.س61.4b | 14.4x | 14.9x | 8.3x |
| Tue, 28 Mar 2023 | ر.س870.1b | ر.س109.3b | ر.س60.5b | 13.4x | 14.4x | 8x |
| Thu, 23 Feb 2023 | ر.س865.2b | ر.س107.9b | ر.س59.7b | 13.8x | 14.5x | 8x |
| Sat, 21 Jan 2023 | ر.س927.2b | ر.س105.5b | ر.س57.2b | 15.4x | 16.2x | 8.8x |
| Mon, 19 Dec 2022 | ر.س918.5b | ر.س105.5b | ر.س57.2b | 16.4x | 16.1x | 8.7x |
| Wed, 16 Nov 2022 | ر.س1.0t | ر.س105.5b | ر.س57.2b | 18.2x | 18.1x | 9.8x |
| Fri, 14 Oct 2022 | ر.س1.0t | ر.س101.5b | ر.س54.2b | 18.9x | 19.1x | 10.2x |
| Sun, 11 Sep 2022 | ر.س1.1t | ر.س101.5b | ر.س54.2b | 18.7x | 20x | 10.7x |
| Tue, 09 Aug 2022 | ر.س1.1t | ر.س101.0b | ر.س54.0b | 20.1x | 21.2x | 11.3x |
| Thu, 07 Jul 2022 | ر.س1.0t | ر.س96.6b | ر.س50.5b | 20.2x | 20.5x | 10.7x |
| Sat, 04 Jun 2022 | ر.س1.2t | ر.س96.6b | ر.س50.5b | 23.4x | 23.1x | 12x |
| Mon, 02 May 2022 | ر.س1.3t | ر.س92.4b | ر.س48.0b | 27.7x | 27.3x | 14.2x |
| Wed, 30 Mar 2022 | ر.س1.2t | ر.س92.5b | ر.س48.1b | 22.7x | 24.6x | 12.8x |
| Fri, 25 Feb 2022 | ر.س1.1t | ر.س90.6b | ر.س46.3b | 22.7x | 24.7x | 12.6x |
| Sun, 23 Jan 2022 | ر.س1.1t | ر.س86.9b | ر.س44.4b | 24.8x | 25.2x | 12.9x |
| Tue, 21 Dec 2021 | ر.س956.6b | ر.س86.9b | ر.س44.4b | 19.9x | 21.5x | 11x |
| Thu, 18 Nov 2021 | ر.س1.0t | ر.س86.9b | ر.س44.4b | 21.1x | 23.5x | 12x |
| Sat, 16 Oct 2021 | ر.س968.2b | ر.س82.5b | ر.س42.0b | 20.5x | 23x | 11.7x |
| Mon, 13 Sep 2021 | ر.س916.4b | ر.س82.5b | ر.س42.0b | 20.1x | 21.8x | 11.1x |
| Wed, 11 Aug 2021 | ر.س905.6b | ر.س82.5b | ر.س42.0b | 19.8x | 21.6x | 11x |
| Sun, 06 Jun 2021 | ر.س809.1b | ر.س77.6b | ر.س31.9b | 19.3x | 25.4x | 10.4x |
Price to Earnings Ratio
25.4x
Current Industry PE
- Investors are pessimistic on the Saudi 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 12.9x which is lower than its 3-year average PE of 18.4x.
- The 3-year average PS ratio of 9.7x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 17% 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 Saudi Arabian Diversified Banks compare with similar industries?
| SA Market | -3.43% | |
| Financials | -3.14% | |
| Banks | -3.37% | |
| Diversified Banks | -3.37% | |
| Regional Banks | 0% | |
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 | |
|---|---|---|---|---|---|
| 1150 Alinma Bank | ر.س31.00 | 0.5% +ر.س375.0m | 20.9% | PB2x |