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South African (JSE) Diversified Banks Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies5
  • 7D1.1%
  • 3M-0.4%
  • 1Y14.9%
  • YTDn/a

Over the last 7 days, the Diversified Banks industry has risen 1.7%, driven by gains from Standard Bank Group of 3.9%. This means that the industry has gained 14% over the past year. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024R798.9bR339.9bR90.0b6.9x8.9x2.4x
Fri, 05 Apr 2024R781.5bR337.9bR89.6b6.8x8.7x2.3x
Sun, 03 Mar 2024R829.6bR335.8bR86.3b7x9.6x2.5x
Tue, 30 Jan 2024R806.1bR335.8bR86.3b6.8x9.3x2.4x
Thu, 28 Dec 2023R816.6bR335.8bR86.3b7.1x9.5x2.4x
Sat, 25 Nov 2023R818.5bR335.8bR86.3b7.8x9.5x2.4x
Mon, 23 Oct 2023R741.2bR335.7bR86.4b7.1x8.6x2.2x
Wed, 20 Sep 2023R739.7bR334.6bR86.0b7.1x8.6x2.2x
Fri, 18 Aug 2023R757.4bR317.6bR80.2b7x9.4x2.4x
Sun, 16 Jul 2023R745.5bR312.7bR79.3b7.3x9.4x2.4x
Tue, 13 Jun 2023R681.2bR312.7bR79.3b7.3x8.6x2.2x
Thu, 11 May 2023R685.3bR312.7bR79.3b7.2x8.6x2.2x
Sat, 08 Apr 2023R745.3bR313.0bR78.9b7.6x9.4x2.4x
Mon, 06 Mar 2023R781.9bR293.3bR71.5b8.8x10.9x2.7x
Wed, 01 Feb 2023R769.2bR293.3bR71.5b8.5x10.8x2.6x
Fri, 30 Dec 2022R761.5bR293.3bR71.5b8.1x10.6x2.6x
Sun, 27 Nov 2022R815.1bR293.3bR71.5b8.6x11.4x2.8x
Tue, 25 Oct 2022R744.0bR293.3bR71.5b7.9x10.4x2.5x
Thu, 22 Sep 2022R693.6bR292.3bR70.7b8.3x9.8x2.4x
Sat, 20 Aug 2022R775.6bR282.1bR64.8b9.5x12x2.7x
Mon, 18 Jul 2022R706.2bR276.9bR62.5b9.2x11.3x2.6x
Wed, 15 Jun 2022R740.8bR276.9bR62.5b10.6x11.9x2.7x
Fri, 13 May 2022R740.3bR276.9bR62.5b9.5x11.8x2.7x
Sun, 10 Apr 2022R818.7bR274.4bR61.7b9.7x13.3x3x
Tue, 08 Mar 2022R723.7bR296.2bR55.5b11.2x13x2.4x
Thu, 03 Feb 2022R716.0bR296.1bR55.5b12.1x12.9x2.4x
Sat, 01 Jan 2022R674.6bR296.1bR55.5b11.3x12.2x2.3x
Mon, 29 Nov 2021R574.9bR296.1bR55.5b9.9x10.4x1.9x
Wed, 27 Oct 2021R626.7bR296.1bR55.5b10.9x11.3x2.1x
Fri, 24 Sep 2021R652.1bR290.3bR52.2b11.2x12.5x2.2x
Sun, 22 Aug 2021R638.7bR289.9bR52.0b10.8x12.3x2.2x
Fri, 09 Jul 2021R598.3bR289.9bR52.0b10.2x11.5x2.1x
Price to Earnings Ratio

14.9x


Total Market Cap: R611.2bTotal Earnings: R41.0bTotal Revenue: R275.9bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Banks Industry Price to Earnings3Y Average 10.7x202220232024
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 8.7x which is lower than its 3-year average PE of 10.7x.
  • 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 Market1.41%
Financials0.88%
Banks1.08%
Diversified Banks1.08%
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
SBK Standard Bank GroupR182.913.3%
+R9.6b		10.8%PB1.2x
ABG Absa GroupR147.551.4%
+R1.7b		-10.7%PB0.8x
SFN Sasfin HoldingsR16.457.8%
+R36.5m		-28.5%PB0.3x
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Latest News

CPI

R2,305.17

Capitec Bank Holdings

7D

-1.0%

1Y

44.1%

ABG

R147.55

Absa Group

7D

1.4%

1Y

-10.7%

SBK

R182.91

Standard Bank Group

7D

3.3%

1Y

10.8%

NED

R228.24

Nedbank Group

7D

-0.2%

1Y

7.5%

SFN

R16.45

Sasfin Holdings

7D

7.8%

1Y

-28.5%