Bangladeshi (DSE) Textiles Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies51
- 7D-6.0%
- 3M-11.5%
- 1Y-17.7%
- YTDn/a
Over the last 7 days, the Textiles industry has dropped 6.0%, driven by a pullback from Malek Spinning Mills of 8.3%. However, the industry is down 18% over the past year.
Industry Valuation and Performance
Has the Bangladeshi Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ৳120.5b | ৳151.3b | ৳1.2b | 29.3x | 103.1x | 0.8x |
| Thu, 21 Mar 2024 | ৳123.9b | ৳151.4b | ৳1.2b | 31.4x | 104.2x | 0.8x |
| Sat, 17 Feb 2024 | ৳127.8b | ৳152.2b | ৳1.6b | 34.6x | 81.8x | 0.8x |
| Mon, 15 Jan 2024 | ৳143.1b | ৳149.1b | ৳1.4b | 32.8x | 103.1x | 1x |
| Wed, 13 Dec 2023 | ৳144.3b | ৳151.2b | ৳1.6b | 35.4x | 89.1x | 1x |
| Fri, 10 Nov 2023 | ৳143.2b | ৳136.0b | ৳3.8b | 30.3x | 37.7x | 1.1x |
| Sun, 08 Oct 2023 | ৳144.1b | ৳136.0b | ৳3.8b | 30.3x | 37.9x | 1.1x |
| Tue, 05 Sep 2023 | ৳145.4b | ৳146.3b | ৳4.2b | 29.1x | 34.5x | 1x |
| Thu, 03 Aug 2023 | ৳146.0b | ৳146.2b | ৳4.3b | 29.6x | 33.8x | 1x |
| Sat, 01 Jul 2023 | ৳146.3b | ৳144.2b | ৳4.3b | 29x | 34x | 1x |
| Mon, 29 May 2023 | ৳150.5b | ৳147.1b | ৳4.8b | 29.2x | 31.1x | 1x |
| Wed, 26 Apr 2023 | ৳148.0b | ৳150.6b | ৳6.3b | 24.5x | 23.5x | 1x |
| Fri, 24 Mar 2023 | ৳146.5b | ৳150.6b | ৳6.3b | 23x | 23.2x | 1x |
| Sun, 19 Feb 2023 | ৳147.4b | ৳149.6b | ৳6.6b | 24.8x | 22.2x | 1x |
| Tue, 17 Jan 2023 | ৳148.9b | ৳151.5b | ৳7.4b | 20.9x | 20.2x | 1x |
| Thu, 15 Dec 2022 | ৳153.3b | ৳147.9b | ৳6.6b | 19.8x | 23.3x | 1x |
| Sat, 12 Nov 2022 | ৳153.4b | ৳144.5b | ৳7.5b | 20.3x | 20.5x | 1.1x |
| Mon, 10 Oct 2022 | ৳157.7b | ৳140.4b | ৳7.3b | 19.5x | 21.5x | 1.1x |
| Wed, 07 Sep 2022 | ৳161.1b | ৳140.4b | ৳7.3b | 20.5x | 22x | 1.1x |
| Fri, 05 Aug 2022 | ৳162.1b | ৳140.4b | ৳7.3b | 20.4x | 22.2x | 1.2x |
| Sun, 03 Jul 2022 | ৳152.0b | ৳140.4b | ৳7.3b | 20.1x | 20.8x | 1.1x |
| Tue, 31 May 2022 | ৳146.6b | ৳139.6b | ৳7.3b | 19x | 20.1x | 1.1x |
| Thu, 28 Apr 2022 | ৳152.7b | ৳132.2b | ৳6.3b | 22.4x | 24.2x | 1.2x |
| Sat, 26 Mar 2022 | ৳156.7b | ৳132.0b | ৳6.3b | 23.4x | 25x | 1.2x |
| Mon, 21 Feb 2022 | ৳156.1b | ৳131.9b | ৳6.2b | 22.4x | 25x | 1.2x |
| Wed, 19 Jan 2022 | ৳154.7b | ৳120.7b | ৳5.0b | 24.7x | 30.8x | 1.3x |
| Fri, 17 Dec 2021 | ৳146.3b | ৳112.4b | ৳3.7b | 35.1x | 39.8x | 1.3x |
| Sun, 14 Nov 2021 | ৳153.6b | ৳83.3b | ৳469.4m | 52.4x | 327.2x | 1.8x |
| Tue, 12 Oct 2021 | ৳161.3b | ৳77.2b | -৳202,639,355.00 | 59.7x | -796x | 2.1x |
| Thu, 09 Sep 2021 | ৳159.3b | ৳116.6b | -৳4,740,652,515.00 | 54.9x | -33.6x | 1.4x |
| Sat, 07 Aug 2021 | ৳143.5b | ৳116.2b | -৳4,696,893,012.00 | 50.3x | -30.6x | 1.2x |
| Fri, 30 Apr 2021 | ৳90.4b | ৳116.2b | -৳4,696,893,012.00 | 29.1x | -19.2x | 0.8x |
Price to Earnings Ratio
-19.2x
Current Industry PE
- Investors are optimistic on the Bangladeshi Textiles industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 103x which is higher than its 3-year average PE of -5.3x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.80x.
Past Earnings Growth
- Total earnings for the Textiles industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.2% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Bangladeshi Textiles compare with similar industries?
| BD Market | -3.76% | |
| Consumer Discretionary | -4.78% | |
| Luxury | -5.41% | |
| Textiles | -6.03% | |
| Apparel, Accessories and Luxury Goods | -3.51% | |
| Footwear | -4.18% | |
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 | |
|---|---|---|---|---|---|
| SHASHADNIM Shasha Denims | ৳23.40 | 5.9% +৳183.3m | -13.3% | PE24.2x | |
| ARGONDENIM Argon Denims | ৳17.10 | 2.4% +৳55.6m | -6.0% | PE19.5x | |
| MITHUNKNIT Mithun knitting and Dyeing (CEPZ) | ৳19.30 | 4.3% +৳26.0m | 23.7% | n/a | |
| SONALIANSH Sonali Aansh Industries | ৳588.90 | 0.5% +৳17.4m | 19.5% | PE336.2x | |
| REGENTTEX Regent Textile Mills | ৳5.40 | 1.9% +৳12.9m | -44.9% | n/a |