Venezuelan (IBC) Banks Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies5
- 7D-0.3%
- 3M-0.2%
- 1Y1.1%
- YTD-0.9%
Over the last 7 days, the Banks industry has dropped 1.5%, driven by a pullback from Banco Provincial Banco Universal of 47%. On the other hand Mercantil Servicios Financieros C.A is actually up 13%. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Venezuelan Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | 257.1b | 15.6b | 4.6b | 12x | 55.7x | 16.5x |
| Mon, 15 Apr 2024 | 261.4b | 15.6b | 4.6b | 14.4x | 56.7x | 16.7x |
| Wed, 13 Mar 2024 | 258.8b | 14.7b | 4.9b | 16.8x | 52.7x | 17.6x |
| Fri, 09 Feb 2024 | 73.6b | 13.4b | 4.8b | 18x | 15.4x | 5.5x |
| Sun, 07 Jan 2024 | 74.6b | 13.1b | 4.7b | 19.9x | 15.7x | 5.7x |
| Tue, 05 Dec 2023 | 75.9b | 13.1b | 4.7b | 20.5x | 16x | 5.8x |
| Thu, 02 Nov 2023 | 69.4b | 10.6b | 4.0b | 4.1x | 17.4x | 6.5x |
| Sat, 30 Sep 2023 | 68.0b | 8.9b | 3.0b | 19.2x | 22.8x | 7.6x |
| Mon, 28 Aug 2023 | 70.8b | 7.2b | 2.3b | 12.8x | 31.3x | 9.9x |
| Wed, 26 Jul 2023 | 71.4b | 6.4b | 2.1b | 12.5x | 33.4x | 11.2x |
| Fri, 23 Jun 2023 | 70.6b | 6.2b | 2.1b | 11.8x | 33.4x | 11.5x |
| Sun, 21 May 2023 | 69.1b | 3.2b | 869.4m | 35.4x | 79.5x | 21.9x |
| Tue, 18 Apr 2023 | 67.8b | 2.9b | 779.3m | 34.1x | 86.9x | 23.4x |
| Thu, 16 Mar 2023 | 10.2b | 943.3m | 77.7m | 47.2x | 131.4x | 10.8x |
| Sat, 11 Feb 2023 | 9.9b | 943.3m | 77.7m | 46.8x | 127.4x | 10.5x |
| Mon, 09 Jan 2023 | 688.6b | 1.0b | 98.4m | 16453.7x | 6995.5x | 662.7x |
| Wed, 07 Dec 2022 | 1.4b | 95.8m | 20.7m | 26.1x | 65.3x | 14.1x |
| Fri, 04 Nov 2022 | 7.2b | 95.8m | 20.7m | 46.2x | 347.8x | 75.2x |
| Sun, 02 Oct 2022 | 1.3b | 95.8m | 20.7m | 26.1x | 61.3x | 13.3x |
| Tue, 30 Aug 2022 | 2.5b | 408.7m | 96.8m | 20.4x | 26.1x | 6.2x |
| Thu, 28 Jul 2022 | 2.8b | 854.4m | 86.2m | 21.7x | 32.5x | 3.3x |
| Sat, 25 Jun 2022 | 8.4b | 891.7m | 215.1m | 9.3x | 39.1x | 9.4x |
| Mon, 23 May 2022 | 4.4b | 891.7m | 215.1m | 9.6x | 20.6x | 5x |
| Wed, 20 Apr 2022 | 3.5b | 482.3t | 171.1t | 9.8x | 0.00002x | 0.000007x |
| Fri, 18 Mar 2022 | 21.6b | 817.3t | 254.4t | 0.00002x | 0.00009x | 0.00003x |
| Sun, 13 Feb 2022 | 17.1b | 760.5t | 249.1t | 0.00002x | 0.00007x | 0.00002x |
| Tue, 11 Jan 2022 | 17.5b | 760.5t | 249.1t | 0.00002x | 0.00007x | 0.00002x |
| Thu, 09 Dec 2021 | 238.9b | 760.5t | 249.1t | 0.00002x | 0.001x | 0.0003x |
| Sat, 06 Nov 2021 | 238.7b | 537.1t | 244.4t | 0.00006x | 0.001x | 0.0004x |
| Mon, 04 Oct 2021 | 18.3b | 412.8t | 199.4t | 0.00002x | 0.00009x | 0.00004x |
| Wed, 01 Sep 2021 | 4618.6t | 412.8t | 199.4t | 34.1x | 23.2x | 11.2x |
| Thu, 08 Jul 2021 | 51507.5t | 412.8t | 199.4t | 117.7x | 258.3x | 124.8x |
Price to Earnings Ratio
309.2x
Current Industry PE
- Investors are pessimistic on the Venezuelan 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 55.9x which is lower than its 3-year average PE of 287x.
- The 3-year average PS ratio of 44.0x is higher than the industry's current PS ratio of 16.5x.
Past Earnings Growth
- The earnings for companies in the Banks industry have declined 97% per year over the last three years,
- Revenues have also declined 96% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Venezuelan Financials industry?
| VE Market | -0.18% | |
| Financials | -0.30% | |
| Banks | -0.30% | |
| Regional Banks | 0% | |
| Diversified Banks | -0.30% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 287x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 287x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MVZ.B Mercantil Servicios Financieros C.A | 53.05 | 0.09% +5.2m | 15.3% | PB0.9x |