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Indian (NIFTY) Tires and Rubber Industry Analysis

UpdatedMay 26, 2022
DataAggregated Company Financials
Companies14
  • 7D0.3%
  • 3M18.0%
  • 1Y-5.2%
  • YTD-4.9%

The Tires and Rubber is pretty flat in the last 7 days, but Balkrishna Industries has stood out, gaining 5.6%. Unfortunately though, the industry is down 5.2% over the past 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the Indian Tires and Rubber Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 28 May 2022₹978.8b₹755.3b₹32.0b29.1x
Mon, 25 Apr 2022₹951.6b₹728.0b₹38.7b23.5x
Wed, 23 Mar 2022₹909.7b₹727.9b₹38.7b20.1x
Fri, 18 Feb 2022₹915.5b₹727.9b₹38.7b20.8x
Sun, 16 Jan 2022₹1.1t₹707.7b₹48.2b15.5x
Tue, 14 Dec 2021₹1.0t₹707.7b₹48.2b14.7x
Thu, 11 Nov 2021₹1.1t₹700.3b₹47.9b14.7x
Sat, 09 Oct 2021₹1.2t₹673.7b₹47.7b19.7x
Mon, 06 Sep 2021₹1.1t₹673.7b₹47.7b20.1x
Wed, 04 Aug 2021₹1.1t₹673.7b₹49.3b17.6x
Sat, 08 May 2021₹948.8b₹601.6b₹39.3b18.6x
Tue, 09 Feb 2021₹922.7b₹550.4b₹35.5b22x
Mon, 02 Nov 2020₹711.6b₹523.1b₹29.9b19.5x
Thu, 06 Aug 2020₹663.2b₹508.4b₹25.5b29.4x
Sun, 10 May 2020₹566.0b₹574.2b₹35.8b13.5x
Sat, 01 Feb 2020₹697.6b₹598.7b₹30.8b19.1x
Tue, 05 Nov 2019₹660.9b₹608.8b₹31.2b18.2x
Fri, 09 Aug 2019₹539.4b₹618.5b₹30.6b15x
Median PE Ratio

19.5x


Total Market Cap: ₹600.0bTotal Earnings: ₹32.4bTotal Revenue: ₹612.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Tires and Rubber Industry Median PE3Y Average 19.2x202020212022
Current Industry PE
  • Investors are optimistic on the industry, and appear confident in long-term growth rates.
  • The industry is trading at a PE ratio of 29.1x which is higher than its 3-year average PE of 19.2x.
Past Earnings Growth
  • The earnings for companies in the Tires and Rubber industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Indian Tires and Rubber compare with similar industries?

IN Market-3.09%
Consumer Discretionary-1.95%
Auto Components-2.23%
Tires and Rubber0.29%
Auto Parts and Equipment-2.84%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
502355 Balkrishna Industries₹2.23k5.6%
+₹22.8b
1.9%PS30.1x
500290 MRF₹74.68k0.8%
+₹2.6b
-10.4%PS47.3x
500168 Goodyear India₹946.405.5%
+₹1.1b
-1.7%PS17x
542013 Dolfin Rubbers₹83.002.5%
+₹20.1m
135.5%PS33.4x
523550 Krypton Industries₹26.701.3%
+₹5.1m
138.6%PS0.9x
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509152

₹1,338.00

GRP

7D

-3.2%

1Y

30.7%

500878

₹1,011.55

CEAT

7D

-3.4%

1Y

-23.3%