Liberty Shoes Ltd.'s (NSE:LIBERTSHOE) Shares Climb 26% But Its Business Is Yet to Catch Up
Apr 19
Indian (NIFTY) Footwear Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies9
- 7D-1.7%
- 3M-10.0%
- 1Y-8.5%
- YTDn/a
Over the last 7 days, the Footwear industry has dropped 1.7%, driven by Bata India declining 2.6%. The industry has fallen 8.5% in the last year. Earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Indian Footwear Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ₹463.9b | ₹95.5b | ₹5.8b | 54.7x | 79.9x | 4.9x |
| Sun, 17 Mar 2024 | ₹486.1b | ₹95.5b | ₹5.8b | 56.2x | 83.7x | 5.1x |
| Tue, 13 Feb 2024 | ₹483.9b | ₹95.6b | ₹5.8b | 59x | 83.1x | 5.1x |
| Thu, 11 Jan 2024 | ₹529.8b | ₹95.0b | ₹6.2b | 62.9x | 85.1x | 5.6x |
| Sat, 09 Dec 2023 | ₹541.4b | ₹95.1b | ₹6.2b | 57.2x | 87.2x | 5.7x |
| Mon, 06 Nov 2023 | ₹527.0b | ₹96.2b | ₹6.6b | 49.2x | 79.5x | 5.5x |
| Wed, 04 Oct 2023 | ₹534.1b | ₹95.5b | ₹6.5b | 42.5x | 82.7x | 5.6x |
| Fri, 01 Sep 2023 | ₹550.1b | ₹95.5b | ₹6.5b | 39.8x | 85x | 5.8x |
| Sun, 30 Jul 2023 | ₹563.3b | ₹95.1b | ₹6.6b | 40.8x | 85.9x | 5.9x |
| Tue, 27 Jun 2023 | ₹547.5b | ₹95.0b | ₹6.5b | 36.9x | 84.8x | 5.8x |
| Thu, 25 May 2023 | ₹537.7b | ₹106.8b | ₹7.8b | 45.1x | 69.2x | 5x |
| Sat, 22 Apr 2023 | ₹519.4b | ₹106.2b | ₹7.8b | 38.5x | 66.9x | 4.9x |
| Mon, 20 Mar 2023 | ₹534.7b | ₹106.2b | ₹7.8b | 28.9x | 68.9x | 5x |
| Wed, 15 Feb 2023 | ₹548.4b | ₹105.1b | ₹7.7b | 27.7x | 70.8x | 5.2x |
| Fri, 13 Jan 2023 | ₹587.2b | ₹105.6b | ₹8.0b | 34.7x | 73.3x | 5.6x |
| Sun, 11 Dec 2022 | ₹633.8b | ₹105.6b | ₹8.0b | 37.3x | 79.1x | 6x |
| Tue, 08 Nov 2022 | ₹674.6b | ₹101.0b | ₹8.0b | 58.5x | 84.6x | 6.7x |
| Thu, 06 Oct 2022 | ₹718.3b | ₹101.5b | ₹8.4b | 54.9x | 85.2x | 7.1x |
| Sat, 03 Sep 2022 | ₹690.0b | ₹101.5b | ₹8.4b | 32x | 81.8x | 6.8x |
| Mon, 01 Aug 2022 | ₹665.8b | ₹89.7b | ₹5.9b | 64.2x | 112.5x | 7.4x |
| Wed, 29 Jun 2022 | ₹594.7b | ₹88.0b | ₹5.8b | 53.3x | 101.8x | 6.8x |
| Fri, 27 May 2022 | ₹597.1b | ₹85.7b | ₹5.1b | 29.1x | 117.8x | 7x |
| Sun, 24 Apr 2022 | ₹552.6b | ₹75.0b | ₹4.5b | 29.6x | 122.7x | 7.4x |
| Tue, 22 Mar 2022 | ₹548.4b | ₹75.0b | ₹4.5b | 24.5x | 121.8x | 7.3x |
| Thu, 17 Feb 2022 | ₹587.0b | ₹74.9b | ₹4.5b | 24.6x | 130.1x | 7.8x |
| Sat, 15 Jan 2022 | ₹611.8b | ₹70.1b | ₹4.0b | 29.5x | 154.1x | 8.7x |
| Mon, 13 Dec 2021 | ₹602.3b | ₹70.1b | ₹4.0b | 27.3x | 151.7x | 8.6x |
| Wed, 10 Nov 2021 | ₹633.8b | ₹68.7b | ₹3.7b | 30x | 169x | 9.2x |
| Fri, 08 Oct 2021 | ₹591.9b | ₹64.7b | ₹3.0b | 19.4x | 198x | 9.1x |
| Sun, 05 Sep 2021 | ₹539.0b | ₹64.7b | ₹3.0b | 18.5x | 180.3x | 8.3x |
| Tue, 03 Aug 2021 | ₹518.9b | ₹64.7b | ₹3.0b | 23x | 173.6x | 8x |
| Fri, 07 May 2021 | ₹401.6b | ₹59.4b | ₹2.2b | 52.4x | 186.1x | 6.8x |
Price to Earnings Ratio
186.1x
Current Industry PE
- Investors are pessimistic on the Indian Footwear 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 79.9x which is lower than its 3-year average PE of 111x.
- The 3-year average PS ratio of 6.6x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Footwear industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 17% 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 Footwear compare with similar industries?
| IN Market | -2.09% | |
| Consumer Discretionary | -1.42% | |
| Luxury | -1.74% | |
| Footwear | -1.74% | |
| Apparel, Accessories and Luxury Goods | -1.61% | |
| Textiles | -2.17% | |
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 | |
|---|---|---|---|---|---|
| CAMPUS Campus Activewear | ₹240.15 | 2.1% +₹1.5b | -33.5% | PE92.1x | |
| LIBERTSHOE Liberty Shoes | ₹319.75 | 2.5% +₹134.6m | 19.8% | PE92.6x | |
| 523842 Super Tannery | ₹9.32 | 3.3% +₹32.4m | 27.8% | PE17.6x | |
| 526481 Phoenix International | ₹36.40 | 5.2% +₹30.2m | 62.1% | PE35x |