Losses for banking sector

Lately most stocks of the banking sector are under selling pressure. Over the past 3 months the sector is 6 percent lower. Investors who bought the average share of the sector in 2000 now have an extreme profit of around 318 percent. Since 2012 the sector trades 117 percent higher. On average the sector yields a moderate dividend yield of 1 percent.

Returns banking sector

beurskoers

The European banks are in terms of their price/earnings ratios cheaper than the US ones. Per European share investors pay now less the for the expected earnings per share. So it seems the markets expect less growth of them. The whole sector now trades at a quite huge CAPE-ratio of 36. Shares with the higher CAPE-ratios are Schweizerische Nationalbank, Mutualfirst Financial Inc and Totalbanken. Shares with the lower CAPE-ratios are Bancolombia S.A., Icici Bank Limited and NBB .

The European banking sector has a CAPE of 2 and the US's sector of . ,

Winners and losers banking sector

stock price

The European stocks in this sector are around 2 percent higher and the US's are percent higher.

The European banks now deliver more dividends then the US ones. These in Europe now yield 0,61 percent and these in US 0,13 percent. 0, 0 and 0 have now the highest dividend returns (in case the dividends per share are unchanged).

ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.