Liberty Shoes Ltd.'s (NSE:LIBERTSHOE) Shares Climb 26% But Its Business Is Yet to Catch Up
Apr 19
Indian (NIFTY) Footwear Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies9
- 7D-1.5%
- 3M-6.0%
- 1Y-11.5%
- YTDn/a
Over the last 7 days, the Footwear industry has dropped 1.5%, driven by Bata India declining 3.3%. Overall the industry is down 12% in 12 months. Earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Indian Footwear Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹468.3b | ₹95.5b | ₹5.8b | 54.4x | 80.6x | 4.9x |
| Fri, 05 Apr 2024 | ₹474.3b | ₹95.5b | ₹5.8b | 56.7x | 81.7x | 5x |
| Sun, 03 Mar 2024 | ₹483.6b | ₹95.5b | ₹5.8b | 59.3x | 83.3x | 5.1x |
| Tue, 30 Jan 2024 | ₹498.6b | ₹95.0b | ₹6.2b | 61.5x | 80.1x | 5.2x |
| Thu, 28 Dec 2023 | ₹534.3b | ₹95.1b | ₹6.2b | 55.9x | 86x | 5.6x |
| Sat, 25 Nov 2023 | ₹526.1b | ₹95.1b | ₹6.2b | 54.9x | 84.7x | 5.5x |
| Mon, 23 Oct 2023 | ₹537.8b | ₹95.5b | ₹6.5b | 44.9x | 83.3x | 5.6x |
| Wed, 20 Sep 2023 | ₹545.2b | ₹95.5b | ₹6.5b | 38.3x | 84.4x | 5.7x |
| Fri, 18 Aug 2023 | ₹557.1b | ₹95.5b | ₹6.5b | 35.7x | 86.1x | 5.8x |
| Sun, 16 Jul 2023 | ₹551.1b | ₹95.0b | ₹6.5b | 39.4x | 85.3x | 5.8x |
| Tue, 13 Jun 2023 | ₹537.9b | ₹93.8b | ₹6.4b | 35.7x | 83.7x | 5.7x |
| Thu, 11 May 2023 | ₹534.5b | ₹106.2b | ₹7.8b | 36.2x | 68.9x | 5x |
| Sat, 08 Apr 2023 | ₹500.5b | ₹106.2b | ₹7.8b | 31.5x | 64.5x | 4.7x |
| Mon, 06 Mar 2023 | ₹538.5b | ₹106.2b | ₹7.8b | 29.6x | 69.4x | 5.1x |
| Wed, 01 Feb 2023 | ₹555.4b | ₹105.6b | ₹8.0b | 31.4x | 69.3x | 5.3x |
| Fri, 30 Dec 2022 | ₹598.9b | ₹105.6b | ₹8.0b | 33.6x | 74.8x | 5.7x |
| Sun, 27 Nov 2022 | ₹629.7b | ₹105.6b | ₹8.0b | 40.5x | 78.6x | 6x |
| Tue, 25 Oct 2022 | ₹703.7b | ₹101.5b | ₹8.4b | 59.7x | 83.4x | 6.9x |
| Thu, 22 Sep 2022 | ₹733.0b | ₹101.5b | ₹8.4b | 43.4x | 86.9x | 7.2x |
| Sat, 20 Aug 2022 | ₹688.8b | ₹101.5b | ₹8.4b | 33.2x | 81.7x | 6.8x |
| Mon, 18 Jul 2022 | ₹625.4b | ₹88.0b | ₹5.8b | 58.3x | 107x | 7.1x |
| Wed, 15 Jun 2022 | ₹592.6b | ₹88.0b | ₹5.8b | 51.1x | 101.4x | 6.7x |
| Fri, 13 May 2022 | ₹608.4b | ₹86.2b | ₹5.5b | 29.7x | 111.4x | 7.1x |
| Sun, 10 Apr 2022 | ₹571.9b | ₹75.0b | ₹4.5b | 28.5x | 127x | 7.6x |
| Tue, 08 Mar 2022 | ₹524.7b | ₹75.0b | ₹4.5b | 22.8x | 116.5x | 7x |
| Thu, 03 Feb 2022 | ₹609.0b | ₹70.8b | ₹3.8b | 29.1x | 161.5x | 8.6x |
| Sat, 01 Jan 2022 | ₹586.5b | ₹70.1b | ₹4.0b | 25.7x | 147.7x | 8.4x |
| Mon, 29 Nov 2021 | ₹582.9b | ₹70.1b | ₹4.0b | 22.2x | 146.8x | 8.3x |
| Wed, 27 Oct 2021 | ₹599.8b | ₹64.7b | ₹3.0b | 17.6x | 200.6x | 9.3x |
| Fri, 24 Sep 2021 | ₹533.9b | ₹64.7b | ₹3.0b | 20.4x | 178.6x | 8.3x |
| Sun, 22 Aug 2021 | ₹532.7b | ₹64.7b | ₹3.0b | 19.7x | 178.2x | 8.2x |
| Fri, 09 Jul 2021 | ₹502.5b | ₹64.7b | ₹3.0b | 17.4x | 168.1x | 7.8x |
Price to Earnings Ratio
227.4x
Current Industry PE
- Investors are pessimistic on the Indian Footwear 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 80.6x which is lower than its 3-year average PE of 109x.
- The 3-year average PS ratio of 6.6x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Footwear industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 17% 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 Indian Footwear compare with similar industries?
| IN Market | -1.98% | |
| Consumer Discretionary | -2.07% | |
| Luxury | -5.07% | |
| Footwear | -1.48% | |
| Textiles | -1.75% | |
| Apparel, Accessories and Luxury Goods | -6.40% | |
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 | |
|---|---|---|---|---|---|
| 530517 Relaxo Footwears | ₹845.05 | 1.3% +₹2.7b | -2.7% | PE103.9x | |
| 523842 Super Tannery | ₹10.57 | 10.8% +₹111.2m | 41.7% | PE19.9x | |
| 526481 Phoenix International | ₹42.48 | 0.6% +₹4.0m | 95.8% | PE40.8x |