There's No Escaping ITC Limited's (NSE:ITC) Muted Earnings
Apr 24
Indian (NIFTY) Tobacco Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies6
- 7D0.9%
- 3M-6.3%
- 1Y5.7%
- YTD-7.0%
Over the last 7 days, the Tobacco industry has remained flat, although notably Golden Tobacco declined by 5.0%. The past year has been better, since the industry has gained 5.7% in that time. Looking forward, earnings are forecast to grow by 8.5% annually.
Industry Valuation and Performance
Has the Indian Tobacco Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ₹5.6t | ₹762.4b | ₹216.2b | 26.1x | 25.8x | 7.3x |
| Fri, 22 Mar 2024 | ₹5.5t | ₹762.4b | ₹216.2b | 25.6x | 25.3x | 7.2x |
| Sun, 18 Feb 2024 | ₹5.2t | ₹762.4b | ₹216.2b | 22.3x | 24.2x | 6.9x |
| Tue, 16 Jan 2024 | ₹6.0t | ₹755.8b | ₹213.0b | 18.8x | 28.2x | 7.9x |
| Thu, 14 Dec 2023 | ₹5.8t | ₹755.8b | ₹213.0b | 17x | 27.4x | 7.7x |
| Sat, 11 Nov 2023 | ₹5.6t | ₹755.9b | ₹213.0b | 17.2x | 26.3x | 7.4x |
| Mon, 09 Oct 2023 | ₹5.7t | ₹747.8b | ₹210.4b | 16.1x | 27x | 7.6x |
| Wed, 06 Sep 2023 | ₹5.7t | ₹747.8b | ₹210.4b | 16.9x | 27.1x | 7.6x |
| Fri, 04 Aug 2023 | ₹5.8t | ₹761.0b | ₹203.2b | 17.9x | 28.8x | 7.7x |
| Sun, 02 Jul 2023 | ₹5.8t | ₹758.5b | ₹202.2b | 16.3x | 28.5x | 7.6x |
| Tue, 30 May 2023 | ₹5.7t | ₹767.1b | ₹202.2b | 15.9x | 28.3x | 7.5x |
| Thu, 27 Apr 2023 | ₹5.3t | ₹751.5b | ₹192.0b | 15.5x | 27.4x | 7x |
| Sat, 25 Mar 2023 | ₹4.8t | ₹747.0b | ₹192.1b | 14.6x | 25.2x | 6.5x |
| Mon, 20 Feb 2023 | ₹4.9t | ₹746.9b | ₹192.1b | 14x | 25.5x | 6.6x |
| Wed, 18 Jan 2023 | ₹4.3t | ₹738.6b | ₹181.9b | 15.8x | 23.5x | 5.8x |
| Fri, 16 Dec 2022 | ₹4.4t | ₹738.6b | ₹181.9b | 16.8x | 24x | 5.9x |
| Sun, 13 Nov 2022 | ₹4.6t | ₹734.8b | ₹180.9b | 17.1x | 25.2x | 6.2x |
| Tue, 11 Oct 2022 | ₹4.2t | ₹700.6b | ₹171.7b | 15x | 24.4x | 6x |
| Thu, 08 Sep 2022 | ₹4.2t | ₹700.6b | ₹171.7b | 13.3x | 24.2x | 5.9x |
| Sat, 06 Aug 2022 | ₹4.0t | ₹700.5b | ₹171.7b | 14.4x | 23.1x | 5.7x |
| Mon, 04 Jul 2022 | ₹3.6t | ₹645.7b | ₹160.1b | 13.7x | 22.5x | 5.6x |
| Wed, 01 Jun 2022 | ₹3.4t | ₹645.7b | ₹160.1b | 16.4x | 21.5x | 5.3x |
| Fri, 29 Apr 2022 | ₹3.3t | ₹623.3b | ₹155.6b | 18x | 21.4x | 5.3x |
| Sun, 27 Mar 2022 | ₹3.2t | ₹623.1b | ₹155.4b | 17.2x | 20.8x | 5.2x |
| Tue, 22 Feb 2022 | ₹2.8t | ₹623.1b | ₹155.4b | 16.3x | 17.9x | 4.5x |
| Thu, 20 Jan 2022 | ₹2.8t | ₹582.4b | ₹150.1b | 16.8x | 18.8x | 4.9x |
| Sat, 18 Dec 2021 | ₹2.8t | ₹582.4b | ₹150.1b | 16.9x | 18.6x | 4.8x |
| Mon, 15 Nov 2021 | ₹3.0t | ₹582.4b | ₹150.1b | 18.6x | 19.9x | 5.1x |
| Wed, 13 Oct 2021 | ₹3.1t | ₹566.4b | ₹146.7b | 19.2x | 21.1x | 5.5x |
| Fri, 10 Sep 2021 | ₹2.7t | ₹566.4b | ₹146.7b | 14.5x | 18.6x | 4.8x |
| Sun, 08 Aug 2021 | ₹2.7t | ₹566.5b | ₹146.7b | 14.7x | 18.7x | 4.8x |
| Sat, 01 May 2021 | ₹2.6t | ₹529.4b | ₹138.6b | 14x | 18.7x | 4.9x |
Price to Earnings Ratio
18.7x
Current Industry PE
- Investors are optimistic on the Indian Tobacco industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 25.8x which is higher than its 3-year average PE of 23.5x.
- The 3-year average PS ratio of 6.1x is lower than the industry's current PS ratio of 7.3x.
Past Earnings Growth
- The earnings for companies in the Tobacco industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 13% 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 industry?
| IN Market | 1.35% | |
| Consumer Staples | 1.51% | |
| Tobacco | 0.93% | |
| Tobacco | 0.93% | |
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 | |
|---|---|---|---|---|---|
| ITC ITC | ₹428.90 | 0.7% +₹37.5b | 4.0% | PE26.1x | |
| 500163 Godfrey Phillips India | ₹3.13k | 4.2% +₹6.6b | 74.2% | PE19.9x | |
| 509966 VST Industries | ₹4.00k | 7.4% +₹4.3b | 21.8% | PE21.9x | |
| 526723 ntc industries | ₹112.10 | 1.8% +₹32.9m | 49.6% | PE28.3x | |
| 509887 Sinnar Bidi Udyog | ₹412.70 | 2.7% +₹4.3m | n/a | PE34.5x |