There May Be Reason For Hope In Shoppers Stop's (NSE:SHOPERSTOP) Disappointing Earnings
May 07
Indian (NIFTY) General Merchandise and Department Stores Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies8
- 7D-1.4%
- 3M-11.4%
- 1Y31.4%
- YTD3.8%
Over the last 7 days, the General Merchandise and Department Stores industry has dropped 1.4%, driven by RattanIndia Enterprises declining 4.9%. This takes the industry's 12 month performance to a gain of 31%. Earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the Indian General Merchandise and Department Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹254.3b | ₹131.6b | ₹3.7b | 65.4x | 69.4x | 1.9x |
| Sat, 06 Apr 2024 | ₹178.5b | ₹88.4b | ₹2.9b | 28.6x | 61.7x | 2x |
| Mon, 04 Mar 2024 | ₹184.4b | ₹88.4b | ₹2.9b | 30.9x | 63.7x | 2.1x |
| Wed, 31 Jan 2024 | ₹195.5b | ₹82.2b | ₹574.3m | 82.2x | 340.5x | 2.4x |
| Fri, 29 Dec 2023 | ₹242.7b | ₹123.2b | ₹1.5b | 75x | 160x | 2x |
| Sun, 26 Nov 2023 | ₹241.0b | ₹123.0b | ₹1.5b | 72.9x | 160.6x | 2x |
| Tue, 24 Oct 2023 | ₹199.8b | ₹120.3b | ₹1.7b | 63.9x | 120.8x | 1.7x |
| Thu, 21 Sep 2023 | ₹140.3b | ₹79.3b | ₹711.6m | 47x | 197.1x | 1.8x |
| Sat, 19 Aug 2023 | ₹131.6b | ₹79.3b | ₹711.1m | 40.6x | 185.1x | 1.7x |
| Mon, 17 Jul 2023 | ₹210.8b | ₹112.7b | -₹1,664,253,600.00 | 50.4x | -126.6x | 1.9x |
| Wed, 14 Jun 2023 | ₹179.8b | ₹110.7b | -₹1,678,665,600.00 | 27x | -107.1x | 1.6x |
| Fri, 12 May 2023 | ₹173.4b | ₹98.2b | ₹5.7b | 25x | 30.5x | 1.8x |
| Sun, 09 Apr 2023 | ₹97.5b | ₹58.0b | ₹4.5b | 17.9x | 21.5x | 1.7x |
| Tue, 07 Mar 2023 | ₹50.6b | ₹31.3b | ₹118.8m | 179.6x | 426.3x | 1.6x |
| Thu, 02 Feb 2023 | ₹57.5b | ₹30.5b | ₹519.9m | 85.8x | 110.7x | 1.9x |
| Sat, 31 Dec 2022 | ₹137.5b | ₹66.8b | ₹1.5b | 82.9x | 90.2x | 2.1x |
| Mon, 28 Nov 2022 | ₹132.9b | ₹66.8b | ₹1.5b | 80.2x | 87.1x | 2x |
| Wed, 26 Oct 2022 | ₹142.0b | ₹64.7b | ₹1.6b | 87.8x | 89.8x | 2.2x |
| Fri, 23 Sep 2022 | ₹62.0b | ₹28.3b | ₹576.1m | 95.4x | 107.5x | 2.2x |
| Sun, 21 Aug 2022 | ₹62.2b | ₹28.3b | ₹576.1m | 95.9x | 108x | 2.2x |
| Tue, 19 Jul 2022 | ₹546.3b | ₹93.1b | ₹587.9m | 426.6x | 929.2x | 5.9x |
| Thu, 16 Jun 2022 | ₹497.0b | ₹93.1b | ₹587.9m | 417.1x | 845.3x | 5.3x |
| Sat, 14 May 2022 | ₹481.3b | ₹92.4b | ₹591.8m | 402.9x | 813.3x | 5.2x |
| Mon, 11 Apr 2022 | ₹527.4b | ₹62.9b | ₹1.4b | 442.5x | 390.5x | 8.4x |
| Wed, 09 Mar 2022 | ₹451.6b | ₹62.9b | ₹1.4b | 413.6x | 334.4x | 7.2x |
| Fri, 04 Feb 2022 | ₹463.6b | ₹54.2b | ₹626.4m | 1312.2x | 740.1x | 8.6x |
| Sun, 02 Jan 2022 | ₹458.2b | ₹54.2b | ₹626.4m | 1320.1x | 731.4x | 8.5x |
| Tue, 30 Nov 2021 | ₹445.8b | ₹54.2b | ₹626.4m | 1298.7x | 711.6x | 8.2x |
| Thu, 28 Oct 2021 | ₹452.7b | ₹46.0b | -₹1,113,585,000.00 | n/a | -406.5x | 9.8x |
| Sat, 25 Sep 2021 | ₹426.9b | ₹46.0b | -₹1,113,585,000.00 | n/a | -383.3x | 9.3x |
| Mon, 23 Aug 2021 | ₹387.0b | ₹46.0b | -₹1,113,585,000.00 | n/a | -347.5x | 8.4x |
| Sat, 10 Jul 2021 | ₹362.1b | ₹46.0b | -₹1,113,585,000.00 | n/a | -325.1x | 7.9x |
Price to Earnings Ratio
-219.1x
Current Industry PE
- Investors are optimistic on the Indian Multiline Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 69.4x which is higher than its 3-year average PE of -618x.
- The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Total earnings for the Multiline Retail industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 46% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Consumer Discretionary industry?
| IN Market | -1.48% | |
| Consumer Discretionary | -1.19% | |
| General Merchandise and Department Stores | -1.41% | |
| Department Stores | 0% | |
| General Merchandise Stores | 0% | |
| Broadline Retail | -1.41% | |
Industry PE
- Investors are most optimistic about the Broadline Retail industry even though it's trading below its 3-year average PE ratio of 84.2x.
- Analysts are expecting annual earnings growth of 64.2%, which is higher than its past year's earnings growth of 1.0% per year.
- Investors are most pessimistic about the Broadline Retail industry, which is trading below its 3-year average of 84.2x.
Forecasted Growth
- Analysts are most optimistic on the Broadline Retail 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 Broadline Retail industry is expected to see its earnings grow by 64% 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 | |
|---|---|---|---|---|---|
| 533181 IntraSoft Technologies | ₹125.90 | 0.8% +₹214.4m | -12.6% | PE20.8x | |
| ROCKINGDCE Rockingdeals Circular Economy | ₹508.00 | 5.3% +₹144.3m | n/a | PE186.3x | |
| 524622 iStreet Network | ₹2.54 | 14.9% +₹7.0m | 38.0% | PE-42.9x | |
| 535694 eDynamics Solutions | ₹2.35 | 4.9% +₹2.8m | 30.6% | PS161.4x | |
| 538765 JLA Infraville Shoppers | ₹3.70 | 0.5% +₹129.8k | 33.6% | PE15.1x |