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May 31
Indian (NIFTY) Auto Parts and Equipment Industry Analysis
UpdatedMay 31, 2023
DataAggregated Company Financials
Companies107
- 7D1.4%
- 3M6.5%
- 1Y24.6%
- YTD6.8%
In the last week, the Auto Parts and Equipment industry is up 1.4%, with Tube Investments of India up 6.2%. This takes the industry's 12 month performance to a gain of 25%. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Indian Auto Parts and Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Jun 2023 | ₹5.1t | ₹3.2t | ₹138.6b | 22.9x | 36.6x | 1.6x |
| Sat, 29 Apr 2023 | ₹4.8t | ₹3.1t | ₹130.0b | 21.4x | 37.2x | 1.6x |
| Mon, 27 Mar 2023 | ₹4.4t | ₹3.1t | ₹130.0b | 19.6x | 34x | 1.4x |
| Wed, 22 Feb 2023 | ₹4.7t | ₹3.1t | ₹129.8b | 20x | 36.5x | 1.5x |
| Fri, 20 Jan 2023 | ₹4.7t | ₹2.9t | ₹123.5b | 23.3x | 37.8x | 1.6x |
| Sun, 18 Dec 2022 | ₹4.8t | ₹2.9t | ₹123.8b | 22.3x | 38.6x | 1.6x |
| Tue, 15 Nov 2022 | ₹4.7t | ₹2.9t | ₹124.9b | 21.7x | 37.4x | 1.6x |
| Thu, 13 Oct 2022 | ₹4.6t | ₹2.8t | ₹119.3b | 21.2x | 38.5x | 1.7x |
| Sat, 10 Sep 2022 | ₹4.8t | ₹2.7t | ₹114.6b | 21.9x | 42.2x | 1.8x |
| Mon, 08 Aug 2022 | ₹4.6t | ₹2.6t | ₹111.7b | 21.8x | 40.9x | 1.7x |
| Wed, 06 Jul 2022 | ₹4.2t | ₹2.5t | ₹104.6b | 21.1x | 39.9x | 1.7x |
| Fri, 03 Jun 2022 | ₹4.1t | ₹2.5t | ₹104.8b | 21.2x | 39x | 1.6x |
| Sun, 01 May 2022 | ₹4.5t | ₹2.6t | ₹100.0b | 22.2x | 44.6x | 1.7x |
| Tue, 29 Mar 2022 | ₹4.1t | ₹2.6t | ₹98.8b | 21.6x | 41.2x | 1.6x |
| Thu, 24 Feb 2022 | ₹4.1t | ₹2.6t | ₹98.6b | 22.1x | 41.8x | 1.6x |
| Sat, 22 Jan 2022 | ₹4.4t | ₹2.6t | ₹102.0b | 22.4x | 43.1x | 1.7x |
| Mon, 20 Dec 2021 | ₹4.3t | ₹2.6t | ₹102.1b | 21.1x | 42.2x | 1.7x |
| Wed, 17 Nov 2021 | ₹4.5t | ₹2.5t | ₹99.0b | 20.9x | 45.5x | 1.8x |
| Fri, 15 Oct 2021 | ₹4.4t | ₹2.4t | ₹93.8b | 22.4x | 47.1x | 1.8x |
| Sun, 12 Sep 2021 | ₹3.9t | ₹2.4t | ₹92.7b | 20.9x | 41.9x | 1.6x |
| Tue, 10 Aug 2021 | ₹3.8t | ₹2.4t | ₹92.8b | 21.2x | 41.2x | 1.6x |
| Mon, 03 May 2021 | ₹3.1t | ₹2.1t | ₹46.2b | 25.4x | 67x | 1.5x |
| Thu, 04 Feb 2021 | ₹2.7t | ₹1.9t | ₹21.2b | 31.5x | 129.4x | 1.4x |
| Sun, 08 Nov 2020 | ₹2.1t | ₹1.8t | ₹8.6b | 29.8x | 245.2x | 1.2x |
| Sat, 01 Aug 2020 | ₹2.0t | ₹1.8t | ₹10.8b | 25.4x | 183.6x | 1.1x |
Price to Earnings Ratio
27.2x
Current Industry PE
- Investors are pessimistic on the Indian Auto Parts and Equipment 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 36.6x which is lower than its 3-year average PE of 83.2x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Auto Parts and Equipment industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 14% 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 Auto Parts and Equipment compare with similar industries?
| IN Market | 1.43% | |
| Consumer Discretionary | 1.60% | |
| Auto Components | 0.70% | |
| Auto Parts and Equipment | 1.42% | |
| Tires and Rubber | -2.07% | |
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 | |
|---|---|---|---|---|---|
| TIINDIA Tube Investments of India | ₹2.86k | 6.6% +₹34.3b | 78.9% | PE70.1x | |
| 532539 Uno Minda | ₹556.80 | 6.3% +₹18.9b | 22.2% | PE48.8x | |
| 500493 Bharat Forge | ₹791.25 | 3.8% +₹13.6b | 14.0% | PE69.7x | |
| SUNDRMFAST Sundram Fasteners | ₹1.13k | 4.7% +₹10.6b | 42.7% | PE47.9x | |
| MSUMI Motherson Sumi Wiring India | ₹57.85 | 4.2% +₹10.4b | 25.6% | PE52.5x |
