Siemens Limited's (NSE:SIEMENS) P/S Still Appears To Be Reasonable
Mar 05
Indian (NIFTY) Industrials Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies11
- 7D1.7%
- 3M26.0%
- 1Y71.9%
- YTD31.8%
The Industrials industry is up 1.7% in the last week, with Siemens up 7.9%. During this same period, the Godrej Industries underperformed, falling 10%. This takes the industry's 12 month performance to a gain of 72%. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Indian Industrials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹3.3t | ₹673.8b | ₹53.8b | 29.4x | 60.5x | 4.8x |
| Fri, 05 Apr 2024 | ₹3.0t | ₹673.8b | ₹53.8b | 26.2x | 56.4x | 4.5x |
| Sun, 03 Mar 2024 | ₹2.7t | ₹673.8b | ₹53.8b | 24.2x | 50.1x | 4x |
| Tue, 30 Jan 2024 | ₹2.6t | ₹665.0b | ₹53.6b | 26.1x | 48x | 3.9x |
| Thu, 28 Dec 2023 | ₹2.4t | ₹665.0b | ₹53.6b | 22.9x | 45.1x | 3.6x |
| Sat, 25 Nov 2023 | ₹2.2t | ₹653.8b | ₹51.9b | 19.1x | 41.8x | 3.3x |
| Mon, 23 Oct 2023 | ₹2.1t | ₹644.4b | ₹51.1b | 25.9x | 41x | 3.2x |
| Wed, 20 Sep 2023 | ₹2.2t | ₹644.4b | ₹51.1b | 24.3x | 42.8x | 3.4x |
| Fri, 18 Aug 2023 | ₹2.0t | ₹644.4b | ₹51.1b | 21.7x | 40.1x | 3.2x |
| Sun, 16 Jul 2023 | ₹2.0t | ₹625.3b | ₹49.1b | 15.2x | 41.1x | 3.2x |
| Tue, 13 Jun 2023 | ₹2.0t | ₹625.4b | ₹49.1b | 14.9x | 39.8x | 3.1x |
| Thu, 11 May 2023 | ₹1.9t | ₹610.4b | ₹47.1b | 10.1x | 40.6x | 3.1x |
| Sat, 08 Apr 2023 | ₹1.8t | ₹599.3b | ₹45.5b | 10.1x | 38.9x | 3x |
| Mon, 06 Mar 2023 | ₹1.7t | ₹599.3b | ₹45.5b | 10.4x | 37x | 2.8x |
| Wed, 01 Feb 2023 | ₹1.6t | ₹571.7b | ₹39.1b | 10.4x | 40.3x | 2.8x |
| Fri, 30 Dec 2022 | ₹1.5t | ₹571.7b | ₹39.1b | 10.7x | 39.2x | 2.7x |
| Sun, 27 Nov 2022 | ₹1.5t | ₹571.6b | ₹39.1b | 12.5x | 38.6x | 2.6x |
| Tue, 25 Oct 2022 | ₹1.5t | ₹551.8b | ₹36.4b | 11.9x | 41.7x | 2.8x |
| Thu, 22 Sep 2022 | ₹1.6t | ₹551.8b | ₹36.4b | 12.6x | 42.9x | 2.8x |
| Sat, 20 Aug 2022 | ₹1.5t | ₹551.7b | ₹36.5b | 13.2x | 42.3x | 2.8x |
| Mon, 18 Jul 2022 | ₹1.4t | ₹503.6b | ₹30.2b | 13.5x | 47.9x | 2.9x |
| Wed, 15 Jun 2022 | ₹1.3t | ₹503.8b | ₹30.2b | 12.9x | 43.7x | 2.6x |
| Fri, 13 May 2022 | ₹1.3t | ₹462.0b | ₹25.7b | 10.8x | 48.6x | 2.7x |
| Sun, 10 Apr 2022 | ₹1.4t | ₹462.0b | ₹25.7b | 12.2x | 53.6x | 3x |
| Tue, 08 Mar 2022 | ₹1.3t | ₹462.0b | ₹25.7b | 11x | 48.6x | 2.7x |
| Thu, 03 Feb 2022 | ₹1.4t | ₹440.3b | ₹25.2b | 14x | 56.9x | 3.3x |
| Sat, 01 Jan 2022 | ₹1.4t | ₹432.3b | ₹25.0b | 13.1x | 56.6x | 3.3x |
| Mon, 29 Nov 2021 | ₹1.3t | ₹432.3b | ₹25.0b | 12.9x | 51.9x | 3x |
| Wed, 27 Oct 2021 | ₹1.3t | ₹401.7b | ₹26.1b | 13.7x | 51.2x | 3.3x |
| Fri, 24 Sep 2021 | ₹1.3t | ₹401.7b | ₹26.1b | 13.7x | 50.7x | 3.3x |
| Sun, 22 Aug 2021 | ₹1.3t | ₹410.0b | ₹25.4b | 13.4x | 51.5x | 3.2x |
| Fri, 09 Jul 2021 | ₹1.3t | ₹410.0b | ₹25.4b | 14.9x | 49.6x | 3.1x |
Price to Earnings Ratio
60.6x
Current Industry PE
- Investors are optimistic on the Indian Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 60.5x which is higher than its 3-year average PE of 46.4x.
- The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 4.8x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 22% 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 Industrials industry?
| IN Market | -1.98% | |
| Industrials | -2.50% | |
| Industrials | 1.66% | |
| Industrial Conglomerates | 1.66% | |
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 | |
|---|---|---|---|---|---|
| SIEMENS Siemens | ₹6.31k | 7.9% +₹165.0b | 69.7% | PE112.1x | |
| 523319 Balmer Lawrie | ₹287.95 | 5.1% +₹2.4b | 132.2% | PE21.2x | |
| 513023 Nava | ₹512.85 | 2.1% +₹1.5b | 129.6% | PE7.6x | |
| 532485 Balmer Lawrie Investments | ₹753.95 | 4.3% +₹694.8m | 93.9% | PE11.2x | |
| IEL Indiabulls Enterprises | ₹13.15 | 2.7% +₹69.4m | 61.3% | n/a |