Some Shareholders Feeling Restless Over Godrej Consumer Products Limited's (NSE:GODREJCP) P/E Ratio
Apr 18
Indian (NIFTY) Consumer Staples Sector Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies327
- 7D-2.4%
- 3M-3.9%
- 1Y15.8%
- YTD-5.6%
Over the last 7 days, the Consumer Staples industry has dropped 2.4%, driven by Nestlé India declining 3.9%. In the past year, the industry has gained 16%. Earnings are forecast to grow by 17% annually.
Sector Valuation and Performance
Has the Indian Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ₹30.0t | ₹6.4t | ₹618.2b | 30.4x | 48.6x | 4.7x |
| Sun, 17 Mar 2024 | ₹30.1t | ₹6.4t | ₹617.7b | 26.9x | 48.7x | 4.7x |
| Tue, 13 Feb 2024 | ₹29.8t | ₹6.4t | ₹605.5b | 31.6x | 49.3x | 4.6x |
| Thu, 11 Jan 2024 | ₹31.3t | ₹6.4t | ₹599.9b | 32x | 52.1x | 4.9x |
| Sat, 09 Dec 2023 | ₹30.1t | ₹6.4t | ₹599.8b | 30.3x | 50.2x | 4.7x |
| Mon, 06 Nov 2023 | ₹28.8t | ₹6.3t | ₹595.1b | 29.7x | 48.4x | 4.5x |
| Wed, 04 Oct 2023 | ₹28.6t | ₹6.3t | ₹600.5b | 29.8x | 47.6x | 4.5x |
| Fri, 01 Sep 2023 | ₹28.3t | ₹6.5t | ₹600.5b | 28.3x | 47.2x | 4.4x |
| Sun, 30 Jul 2023 | ₹29.0t | ₹6.5t | ₹591.9b | 29.5x | 49x | 4.5x |
| Tue, 27 Jun 2023 | ₹28.3t | ₹6.4t | ₹588.5b | 28.7x | 48.1x | 4.4x |
| Thu, 25 May 2023 | ₹27.1t | ₹6.4t | ₹604.9b | 26.5x | 44.8x | 4.3x |
| Sat, 22 Apr 2023 | ₹25.8t | ₹6.1t | ₹578.8b | 24.8x | 44.7x | 4.3x |
| Mon, 20 Mar 2023 | ₹24.9t | ₹6.1t | ₹578.8b | 23.2x | 43.1x | 4.1x |
| Wed, 15 Feb 2023 | ₹25.6t | ₹6.0t | ₹577.8b | 26.3x | 44.3x | 4.2x |
| Fri, 13 Jan 2023 | ₹25.8t | ₹5.9t | ₹551.7b | 29x | 46.7x | 4.4x |
| Sun, 11 Dec 2022 | ₹26.9t | ₹5.9t | ₹551.1b | 29.1x | 48.9x | 4.6x |
| Tue, 08 Nov 2022 | ₹26.1t | ₹5.8t | ₹552.4b | 24.8x | 47.3x | 4.5x |
| Thu, 06 Oct 2022 | ₹26.3t | ₹5.7t | ₹518.0b | 25x | 50.8x | 4.6x |
| Sat, 03 Sep 2022 | ₹26.0t | ₹5.7t | ₹517.3b | 24.7x | 50.2x | 4.6x |
| Mon, 01 Aug 2022 | ₹25.2t | ₹5.5t | ₹501.6b | 26x | 50.3x | 4.6x |
| Wed, 29 Jun 2022 | ₹22.5t | ₹5.3t | ₹500.0b | 24x | 45.1x | 4.2x |
| Fri, 27 May 2022 | ₹22.5t | ₹5.2t | ₹505.6b | 22.8x | 44.6x | 4.3x |
| Sun, 24 Apr 2022 | ₹23.2t | ₹5.1t | ₹489.0b | 24.3x | 47.5x | 4.5x |
| Tue, 22 Mar 2022 | ₹21.9t | ₹5.1t | ₹488.4b | 22.2x | 44.9x | 4.3x |
| Thu, 17 Feb 2022 | ₹22.3t | ₹5.1t | ₹490.1b | 22x | 45.5x | 4.4x |
| Sat, 15 Jan 2022 | ₹22.8t | ₹4.5t | ₹473.2b | 21.8x | 48.2x | 5.1x |
| Mon, 13 Dec 2021 | ₹22.9t | ₹4.4t | ₹471.0b | 19.6x | 48.7x | 5.2x |
| Wed, 10 Nov 2021 | ₹23.4t | ₹4.4t | ₹470.3b | 22.6x | 49.8x | 5.3x |
| Fri, 08 Oct 2021 | ₹23.9t | ₹4.3t | ₹454.8b | 24x | 52.5x | 5.6x |
| Sun, 05 Sep 2021 | ₹23.6t | ₹4.3t | ₹440.7b | 23.2x | 53.6x | 5.5x |
| Tue, 03 Aug 2021 | ₹21.8t | ₹4.3t | ₹440.7b | 24.4x | 49.4x | 5.1x |
| Fri, 07 May 2021 | ₹19.7t | ₹4.1t | ₹432.1b | 18.6x | 45.5x | 4.8x |
Price to Earnings Ratio
45.5x
Current Industry PE
- Investors are relatively neutral on the Indian Consumer Staples industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 47.9x.
- The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Consumer Staples sector?
| IN Market | -2.46% | |
| Consumer Staples | -2.42% | |
| Food | -1.82% | |
| Beverage | -1.85% | |
| Personal Products | -2.12% | |
| Food and Staples Retail | -2.57% | |
| Tobacco | -3.99% | |
| Household Products | -6.17% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry even though it's trading below its 3-year average PE ratio of 150x.
- Analysts are expecting annual earnings growth of 23.3%, which is higher than its past year's earnings decline of 8.7% per year.
- Investors are most pessimistic about the Tobacco industry, which is trading close to its 3-year average of 23.5x.
Forecasted Growth
- Analysts are most optimistic on the Food industry, expecting annual earnings growth of 26% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Tobacco industry is expected to see its earnings grow by 8.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PATANJALI Patanjali Foods | ₹1.40k | 4.5% +₹21.7b | 47.6% | PE61.7x | |
| VBL Varun Beverages | ₹1.40k | 0.7% +₹13.3b | 99.8% | PE88.2x | |
| 530305 Piccadily Agro Industries | ₹474.30 | 21.5% +₹7.9b | 875.5% | PE62.9x | |
| DABUR Dabur India | ₹504.20 | 0.7% +₹6.4b | -4.0% | PE49.8x | |
| 541974 Manorama Industries | ₹571.40 | 22.3% +₹6.2b | 162.4% | PE90.6x |
