There May Be Reason For Hope In Shoppers Stop's (NSE:SHOPERSTOP) Disappointing Earnings
May 07
Indian (NIFTY) Broadline Retail Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies8
- 7D-2.5%
- 3M-11.8%
- 1Y28.5%
- YTDn/a
Over the last 7 days, the Broadline Retail industry has dropped 2.5%, driven by RattanIndia Enterprises declining 3.7%. Over the past 12 months, the industry was up 28%. Earnings are forecast to grow by 64% annually.
Industry Valuation and Performance
Has the Indian Broadline Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹251.3b | ₹131.6b | ₹3.7b | 65x | 68.6x | 1.9x |
| Fri, 05 Apr 2024 | ₹179.4b | ₹88.4b | ₹2.9b | 28.9x | 62x | 2x |
| Sun, 03 Mar 2024 | ₹184.8b | ₹88.4b | ₹2.9b | 31x | 63.9x | 2.1x |
| Tue, 30 Jan 2024 | ₹188.6b | ₹82.2b | ₹574.3m | 78.7x | 328.3x | 2.3x |
| Thu, 28 Dec 2023 | ₹244.3b | ₹123.2b | ₹1.5b | 75.5x | 161.1x | 2x |
| Sat, 25 Nov 2023 | ₹241.0b | ₹123.0b | ₹1.5b | 72.9x | 160.6x | 2x |
| Mon, 23 Oct 2023 | ₹210.1b | ₹120.3b | ₹1.7b | 70x | 127.1x | 1.7x |
| Wed, 20 Sep 2023 | ₹142.9b | ₹79.3b | ₹711.6m | 47.6x | 200.8x | 1.8x |
| Fri, 18 Aug 2023 | ₹131.5b | ₹79.3b | ₹711.1m | 39.9x | 184.9x | 1.7x |
| Sun, 16 Jul 2023 | ₹210.8b | ₹112.7b | -₹1,668,617,600.00 | 50.4x | -126.3x | 1.9x |
| Tue, 13 Jun 2023 | ₹179.9b | ₹110.7b | -₹1,678,665,600.00 | 24.5x | -107.2x | 1.6x |
| Thu, 11 May 2023 | ₹172.9b | ₹98.2b | ₹5.7b | 25.4x | 30.4x | 1.8x |
| Sat, 08 Apr 2023 | ₹97.5b | ₹58.0b | ₹4.5b | 17.9x | 21.5x | 1.7x |
Price to Earnings Ratio
20.3x
Current Industry PE
- Investors are pessimistic on the Indian Broadline Retail 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 68.6x which is lower than its 3-year average PE of 84.2x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Broadline Retail industry have declined 6.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 31% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Broadline Retail compare with similar industries?
| IN Market | -1.98% | |
| Consumer Discretionary | -2.07% | |
| General Merchandise and Department Stores | -2.53% | |
| Broadline Retail | -2.53% | |
| Department Stores | 0% | |
| General Merchandise Stores | 0% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SHOPERSTOP Shoppers Stop | ₹729.75 | 1.8% +₹1.4b | 7.6% | PE103.9x | |
| ROCKINGDCE Rockingdeals Circular Economy | ₹499.65 | 2.9% +₹78.7m | n/a | PE183.2x | |
| 524622 iStreet Network | ₹2.67 | 26.5% +₹11.9m | 39.1% | PE-45.1x | |
| 535694 eDynamics Solutions | ₹2.35 | 4.9% +₹2.8m | 30.6% | PS161.4x |