There's No Escaping ITC Limited's (NSE:ITC) Muted Earnings
Apr 24
Indian (NIFTY) Tobacco Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies6
- 7D4.8%
- 3M-2.6%
- 1Y6.9%
- YTDn/a
Last week, the Tobacco industry hasn't moved much but ITC is up 4.5% in that time. The past year has been better, since the industry has gained 5.5% in that time. As for the next few years, earnings are expected to grow by 8.5% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₹5.7t | ₹762.4b | ₹216.2b | 26.6x | 26.4x | 7.5x |
| Sun, 24 Mar 2024 | ₹5.6t | ₹762.4b | ₹216.2b | 26.1x | 25.8x | 7.3x |
| Tue, 20 Feb 2024 | ₹5.3t | ₹762.4b | ₹216.2b | 24.9x | 24.6x | 7x |
| Thu, 18 Jan 2024 | ₹6.0t | ₹755.8b | ₹213.0b | 18.2x | 28.1x | 7.9x |
| Sat, 16 Dec 2023 | ₹5.9t | ₹755.8b | ₹213.0b | 17x | 27.6x | 7.8x |
| Mon, 13 Nov 2023 | ₹5.6t | ₹755.9b | ₹213.0b | 17.3x | 26.3x | 7.4x |
| Wed, 11 Oct 2023 | ₹5.7t | ₹747.8b | ₹210.4b | 16.1x | 27.2x | 7.6x |
| Fri, 08 Sep 2023 | ₹5.7t | ₹747.8b | ₹210.4b | 16.6x | 27.2x | 7.7x |
| Sun, 06 Aug 2023 | ₹5.8t | ₹761.0b | ₹203.2b | 17.1x | 28.7x | 7.7x |
| Tue, 04 Jul 2023 | ₹5.9t | ₹758.5b | ₹202.2b | 16.8x | 29.2x | 7.8x |
| Thu, 01 Jun 2023 | ₹5.7t | ₹767.1b | ₹202.2b | 16.1x | 28.1x | 7.4x |
| Sat, 29 Apr 2023 | ₹5.4t | ₹746.9b | ₹192.0b | 15.5x | 28.3x | 7.3x |
| Mon, 27 Mar 2023 | ₹4.8t | ₹747.0b | ₹192.1b | 14.6x | 25.2x | 6.5x |
| Wed, 22 Feb 2023 | ₹4.9t | ₹746.9b | ₹192.1b | 13.9x | 25.4x | 6.5x |
| Fri, 20 Jan 2023 | ₹4.3t | ₹738.6b | ₹181.9b | 15.8x | 23.5x | 5.8x |
| Sun, 18 Dec 2022 | ₹4.3t | ₹738.6b | ₹181.9b | 16.3x | 23.7x | 5.8x |
| Tue, 15 Nov 2022 | ₹4.5t | ₹739.1b | ₹181.9b | 15.9x | 24.5x | 6x |
| Thu, 13 Oct 2022 | ₹4.2t | ₹700.6b | ₹171.7b | 14.8x | 24.5x | 6x |
| Sat, 10 Sep 2022 | ₹4.2t | ₹700.6b | ₹171.7b | 13.5x | 24.5x | 6x |
| Mon, 08 Aug 2022 | ₹4.0t | ₹700.5b | ₹171.7b | 14.4x | 23.1x | 5.7x |
| Wed, 06 Jul 2022 | ₹3.6t | ₹645.7b | ₹160.1b | 13.9x | 22.7x | 5.6x |
| Fri, 03 Jun 2022 | ₹3.5t | ₹645.7b | ₹160.1b | 16.3x | 21.6x | 5.4x |
| Sun, 01 May 2022 | ₹3.3t | ₹623.3b | ₹155.6b | 17.9x | 21.3x | 5.3x |
| Tue, 29 Mar 2022 | ₹3.3t | ₹623.1b | ₹155.4b | 16.7x | 21x | 5.2x |
| Thu, 24 Feb 2022 | ₹2.8t | ₹623.1b | ₹155.4b | 16.6x | 17.8x | 4.4x |
| Sat, 22 Jan 2022 | ₹2.8t | ₹582.4b | ₹150.1b | 16.6x | 18.5x | 4.8x |
| Mon, 20 Dec 2021 | ₹2.8t | ₹582.4b | ₹150.1b | 16.9x | 18.6x | 4.8x |
| Wed, 17 Nov 2021 | ₹3.1t | ₹582.4b | ₹150.1b | 18.1x | 20.3x | 5.2x |
| Fri, 15 Oct 2021 | ₹3.3t | ₹566.4b | ₹146.7b | 19.8x | 22.4x | 5.8x |
| Sun, 12 Sep 2021 | ₹2.7t | ₹566.4b | ₹146.7b | 14.5x | 18.6x | 4.8x |
| Tue, 10 Aug 2021 | ₹2.7t | ₹566.5b | ₹146.7b | 14.5x | 18.3x | 4.7x |
| Mon, 03 May 2021 | ₹2.6t | ₹529.4b | ₹138.6b | 14x | 18.7x | 4.9x |
Price to Earnings Ratio
18.7x
Current Industry PE
- Investors are relatively neutral on the Indian Tobacco 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 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 Comparison
How does Indian Tobacco compare with similar industries?
| IN Market | 2.82% | |
| Consumer Staples | 2.79% | |
| Tobacco | 4.77% | |
| Tobacco | 4.77% | |
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 | ₹437.55 | 4.5% +₹233.5b | 5.2% | PE26.6x | |
| 500163 Godfrey Phillips India | ₹3.46k | 15.5% +₹24.2b | 96.0% | PE22.1x | |
| 509966 VST Industries | ₹4.03k | 3.4% +₹2.0b | 22.9% | PE22.1x | |
| 526723 ntc industries | ₹112.40 | 2.7% +₹49.4m | 48.9% | PE28.3x | |
| 509887 Sinnar Bidi Udyog | ₹416.55 | 3.6% +₹5.8m | n/a | PE34.8x |