Header cover image

Indian (NIFTY) Market Analysis & Valuation

UpdatedAug 09, 2022
DataAggregated Company Financials
Companies3836
  • 7D1.0%
  • 3M7.9%
  • 1Y8.0%
  • YTD-2.1%

The market is up 1.0% over the last week, with the Information Technology sector leading the way, up 2.7%. In the last year, the market has climbed 8.0%. As for the next few years, earnings are expected to grow by 19% per annum.

Market Valuation and Performance

Has the Indian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 09 Aug 2022₹266.2t₹128.3t₹11.5t21.5x23.1x2.1x
Thu, 07 Jul 2022₹242.6t₹120.7t₹11.4t20.7x21.4x2x
Sat, 04 Jun 2022₹250.9t₹121.9t₹11.3t20.3x22.2x2.1x
Mon, 02 May 2022₹260.4t₹109.2t₹10.8t22x24.2x2.4x
Wed, 30 Mar 2022₹256.2t₹108.1t₹10.5t19.8x24.3x2.4x
Fri, 25 Feb 2022₹236.5t₹108.4t₹10.6t19x22.3x2.2x
Sun, 23 Jan 2022₹262.8t₹102.3t₹10.0t23x26.4x2.6x
Tue, 21 Dec 2021₹247.0t₹101.8t₹9.9t19x25x2.4x
Thu, 18 Nov 2021₹264.3t₹101.7t₹9.9t20.3x26.8x2.6x
Sat, 16 Oct 2021₹267.6t₹96.3t₹8.9t22.2x29.9x2.8x
Mon, 13 Sep 2021₹251.7t₹96.5t₹8.7t19.9x28.9x2.6x
Wed, 11 Aug 2021₹233.1t₹96.4t₹8.9t19.4x26.2x2.4x
Sun, 06 Jun 2021₹219.3t₹87.7t₹7.4t20.7x29.7x2.5x
Wed, 10 Mar 2021₹198.8t₹83.1t₹5.3t18.5x37.5x2.4x
Tue, 01 Dec 2020₹172.4t₹81.8t₹4.8t17.9x35.8x2.1x
Fri, 04 Sep 2020₹151.9t₹82.7t₹4.4t17.3x34.2x1.8x
Mon, 08 Jun 2020₹125.7t₹89.0t₹4.6t12.8x27.3x1.4x
Sun, 01 Mar 2020₹144.7t₹91.9t₹5.6t13x26.1x1.6x
Wed, 04 Dec 2019₹152.4t₹91.8t₹5.2t13.4x29.2x1.7x
Sat, 07 Sep 2019₹138.1t₹91.5t₹5.7t13.3x24.3x1.5x
Price to Earnings Ratio

24.3x


Total Market Cap: ₹138.1tTotal Earnings: ₹5.7tTotal Revenue: ₹91.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Market Price to Earnings3Y Average 28.2x202020212022
Current Market PE
  • Investors are pessimistic on the Indian market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 23.1x which is lower than its 3-year average PE of 28.2x.
Past Earnings Growth
  • The earnings for Indian listed companies have grown 27% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Indian Market?

IN Market1.04%
Utilities3.20%
Tech2.67%
Materials1.69%
Industrials1.20%
Healthcare0.89%
Consumer Discretionary0.60%
Consumer Staples0.56%
Financials0.55%
Telecom-0.26%
Energy-0.26%
Real Estate-2.25%
Sector PE
  • Investors are most optimistic about the Tech sector which is trading above its 3-year average PE ratio of 21.6x.
  • Analysts are expecting annual earnings growth of 13%, which is lower than the prior year's growth of 31% per year.
  • This could indicate that the market believes that analysts are underestimating future growth.
  • Investors are most pessimistic about the Energy sector, which is trading close to its 3-year average of 14.5x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 35% over the next 5 years.
  • However this is lower than its past earnings growth rate of 48% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
INFY Infosys₹1.62k4.4%
+₹286.7b
-2.6%PE29xTech
TCS Tata Consultancy Services₹3.37k2.3%
+₹276.8b
1.6%PE31.8xTech
539254 Adani Transmission₹3.44k5.4%
+₹197.6b
261.1%PE527.2xUtilities
ATGL Adani Total Gas₹3.37k4.6%
+₹162.1b
267.0%PE732.6xUtilities
512599 Adani Enterprises₹2.79k5.0%
+₹152.1b
87.0%PE326.6xIndustrials
See more
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

How to invest during a Recession; U.S. and China tension is rising, what does this mean for investors?; Tesla, Uber, Airbnb, etc. reported results this week

Continue reading

Latest News