Capital Investment Trends At Tube Investments of India (NSE:TIINDIA) Look Strong
May 09
Indian (NIFTY) Consumer Discretionary Sector Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies794
- 7D-1.2%
- 3M6.8%
- 1Y52.1%
- YTD12.9%
Over the last 7 days, the Consumer Discretionary industry has dropped 1.2%, driven by a pullback from Titan of 9.2%. In contrast, Bharat Forge has gained 10%. Over the past 12 months, the industry was up 52%. As for the next few years, earnings are expected to grow by 21% per annum.
Sector Valuation and Performance
Has the Indian Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹43.1t | ₹21.3t | ₹1.1t | 33x | 38.7x | 2x |
| Sat, 06 Apr 2024 | ₹42.6t | ₹21.1t | ₹1.1t | 33.8x | 40.2x | 2x |
| Mon, 04 Mar 2024 | ₹41.8t | ₹21.1t | ₹1.1t | 34.9x | 39.5x | 2x |
| Wed, 31 Jan 2024 | ₹38.9t | ₹20.7t | ₹960.9b | 33.9x | 40.5x | 1.9x |
| Fri, 29 Dec 2023 | ₹37.5t | ₹20.7t | ₹950.5b | 31.7x | 39.4x | 1.8x |
| Sun, 26 Nov 2023 | ₹35.3t | ₹20.6t | ₹935.8b | 30.2x | 37.8x | 1.7x |
| Tue, 24 Oct 2023 | ₹33.0t | ₹20.4t | ₹863.1b | 28.6x | 38.3x | 1.6x |
| Thu, 21 Sep 2023 | ₹33.3t | ₹20.3t | ₹857.4b | 28.7x | 38.8x | 1.6x |
| Sat, 19 Aug 2023 | ₹31.2t | ₹20.3t | ₹855.5b | 28.3x | 36.5x | 1.5x |
| Mon, 17 Jul 2023 | ₹30.8t | ₹19.3t | ₹715.5b | 28x | 43.1x | 1.6x |
| Wed, 14 Jun 2023 | ₹29.4t | ₹19.2t | ₹714.0b | 27.2x | 41.2x | 1.5x |
| Fri, 12 May 2023 | ₹27.6t | ₹18.5t | ₹658.7b | 23.8x | 41.9x | 1.5x |
| Sun, 09 Apr 2023 | ₹25.2t | ₹18.2t | ₹637.8b | 22.5x | 39.4x | 1.4x |
| Tue, 07 Mar 2023 | ₹25.7t | ₹18.2t | ₹636.6b | 22x | 40.3x | 1.4x |
| Thu, 02 Feb 2023 | ₹25.9t | ₹17.7t | ₹663.1b | 22.2x | 39.1x | 1.5x |
| Sat, 31 Dec 2022 | ₹26.5t | ₹17.3t | ₹593.4b | 22.6x | 44.6x | 1.5x |
| Mon, 28 Nov 2022 | ₹27.0t | ₹17.3t | ₹590.2b | 22.9x | 45.8x | 1.6x |
| Wed, 26 Oct 2022 | ₹27.2t | ₹16.3t | ₹534.3b | 22.9x | 50.9x | 1.7x |
| Fri, 23 Sep 2022 | ₹27.9t | ₹16.1t | ₹528.7b | 23.6x | 52.7x | 1.7x |
| Sun, 21 Aug 2022 | ₹26.7t | ₹15.9t | ₹511.9b | 21.7x | 52.1x | 1.7x |
| Tue, 19 Jul 2022 | ₹25.0t | ₹15.0t | ₹420.2b | 23.1x | 59.6x | 1.7x |
| Thu, 16 Jun 2022 | ₹23.4t | ₹15.0t | ₹418.4b | 22.5x | 55.9x | 1.6x |
| Sat, 14 May 2022 | ₹22.8t | ₹14.9t | ₹420.6b | 20.9x | 54.2x | 1.5x |
| Mon, 11 Apr 2022 | ₹25.6t | ₹14.8t | ₹350.1b | 22.2x | 73.1x | 1.7x |
| Wed, 09 Mar 2022 | ₹22.3t | ₹14.8t | ₹349.8b | 19.6x | 63.7x | 1.5x |
| Fri, 04 Feb 2022 | ₹27.7t | ₹14.4t | ₹339.2b | 21.8x | 81.7x | 1.9x |
| Sun, 02 Jan 2022 | ₹25.9t | ₹14.4t | ₹386.5b | 20x | 67.1x | 1.8x |
| Tue, 30 Nov 2021 | ₹25.0t | ₹14.7t | ₹373.0b | 17.5x | 67.1x | 1.7x |
| Thu, 28 Oct 2021 | ₹23.9t | ₹14.2t | ₹318.2b | 20.7x | 75.1x | 1.7x |
| Sat, 25 Sep 2021 | ₹22.0t | ₹14.1t | ₹308.7b | 20.3x | 71.3x | 1.6x |
| Mon, 23 Aug 2021 | ₹20.2t | ₹14.3t | ₹337.8b | 18.8x | 59.7x | 1.4x |
| Sat, 10 Jul 2021 | ₹19.7t | ₹14.3t | ₹347.5b | 18.1x | 56.6x | 1.4x |
Price to Earnings Ratio
113.6x
Current Industry PE
- Investors are pessimistic on the Indian Consumer Discretionary 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 38.7x which is lower than its 3-year average PE of 53.1x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have grown 89% per year over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Consumer Discretionary sector?
| IN Market | -1.48% | |
| Consumer Discretionary | -1.19% | |
| Auto Components | 0.13% | |
| Leisure | 0.043% | |
| Online Retail and Ecommerce | 0% | |
| Consumer Durables | -0.067% | |
| Hospitality | -0.18% | |
| Specialty Stores | -0.60% | |
| Auto | -0.63% | |
| General Merchandise and Department Stores | -1.41% | |
| Retail Distributors | -1.52% | |
| Consumer Services | -4.00% | |
| Luxury | -5.07% | |
Industry PE
- Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 30.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the General Merchandise and Department Stores industry, expecting annual earnings growth of 64% over the next 5 years.
- This is better than its past earnings growth rate of 1.0% per year.
- In contrast, the Auto industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500493 Bharat Forge | ₹1.41k | 10.8% +₹64.0b | 81.5% | PE69.1x | |
| 500182 Hero MotoCorp | ₹4.76k | 4.4% +₹39.9b | 84.2% | PE25.4x | |
| M&M Mahindra & Mahindra | ₹2.21k | 1.3% +₹30.5b | 76.8% | PE22.1x | |
| TIINDIA Tube Investments of India | ₹3.95k | 4.2% +₹30.4b | 42.7% | PE123.3x | |
| 520056 TVS Holdings | ₹9.72k | 8.2% +₹14.9b | 130.0% | PE27.3x |
