New Narrative • May 17
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- 7D0.5%
- 3M20.2%
- 1Y11.4%
- YTD12.1%
Over the last 7 days, the Energy Services industry has risen 5.2%, driven by gains from Asian Energy Services of 10%. During this same period, the Jindal Drilling & Industries underperformed, falling 5.1%. In the last 12 months, the industry was up 12%. Earnings are forecast to grow by 34% annually.
Industry Valuation and Performance
Has the Indian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | ₹147.1b | ₹52.1b | ₹7.9b | 18.2x | 18.6x | 2.8x |
| Fri, 24 Apr 2026 | ₹142.9b | ₹47.6b | ₹5.3b | 22.6x | 27x | 3x |
| Sun, 22 Mar 2026 | ₹122.7b | ₹47.6b | ₹5.3b | 18.9x | 23.2x | 2.6x |
| Tue, 17 Feb 2026 | ₹124.2b | ₹47.6b | ₹5.3b | 21.1x | 23.5x | 2.6x |
| Thu, 15 Jan 2026 | ₹120.3b | ₹44.0b | ₹5.3b | 25.8x | 22.8x | 2.7x |
| Sat, 13 Dec 2025 | ₹122.8b | ₹44.0b | ₹5.3b | 27.9x | 23.3x | 2.8x |
| Mon, 10 Nov 2025 | ₹128.4b | ₹43.7b | ₹4.8b | 26x | 26.5x | 2.9x |
| Wed, 08 Oct 2025 | ₹130.8b | ₹42.3b | ₹4.6b | 25.7x | 28.5x | 3.1x |
| Fri, 05 Sep 2025 | ₹138.7b | ₹41.4b | ₹4.5b | 20.5x | 30.5x | 3.3x |
| Sun, 03 Aug 2025 | ₹134.7b | ₹46.0b | ₹4.2b | 21.1x | 32.4x | 2.9x |
| Tue, 01 Jul 2025 | ₹134.8b | ₹45.1b | ₹3.9b | 22.6x | 34.6x | 3x |
| Thu, 29 May 2025 | ₹128.5b | ₹40.6b | ₹3.9b | 24x | 32.8x | 3.2x |
| Sat, 26 Apr 2025 | ₹131.6b | ₹37.7b | ₹6.0b | 21.5x | 22x | 3.5x |
| Mon, 24 Mar 2025 | ₹136.2b | ₹37.7b | ₹6.0b | 22.2x | 22.8x | 3.6x |
| Wed, 19 Feb 2025 | ₹127.4b | ₹37.7b | ₹6.0b | 20.9x | 21.3x | 3.4x |
| Fri, 17 Jan 2025 | ₹162.8b | ₹42.3b | ₹5.8b | 21.5x | 27.9x | 3.8x |
| Sun, 15 Dec 2024 | ₹181.8b | ₹42.6b | ₹5.8b | 24.8x | 31.2x | 4.3x |
| Tue, 12 Nov 2024 | ₹172.3b | ₹35.3b | ₹5.5b | 28x | 31.4x | 4.9x |
| Thu, 10 Oct 2024 | ₹170.7b | ₹34.5b | ₹5.2b | 30.6x | 32.9x | 4.9x |
| Sat, 07 Sep 2024 | ₹172.9b | ₹32.4b | ₹4.9b | 36.8x | 35.4x | 5.3x |
| Mon, 05 Aug 2024 | ₹167.4b | ₹35.8b | ₹4.2b | 38.3x | 39.5x | 4.7x |
| Wed, 03 Jul 2024 | ₹157.5b | ₹35.0b | ₹3.8b | 43.2x | 40.9x | 4.5x |
| Fri, 31 May 2024 | ₹144.6b | ₹30.4b | ₹8.7b | 40.9x | 16.6x | 4.8x |
| Sun, 28 Apr 2024 | ₹133.5b | ₹25.7b | ₹8.9b | 35.7x | 15x | 5.2x |
| Tue, 26 Mar 2024 | ₹117.8b | ₹25.2b | ₹8.8b | 26.9x | 13.4x | 4.7x |
| Thu, 22 Feb 2024 | ₹116.3b | ₹25.2b | ₹8.8b | 27.8x | 13.2x | 4.6x |
| Sat, 20 Jan 2024 | ₹120.0b | ₹26.7b | ₹6.2b | 27.5x | 19.4x | 4.5x |
| Mon, 18 Dec 2023 | ₹106.4b | ₹26.7b | ₹6.2b | 29.7x | 17.2x | 4x |
| Wed, 15 Nov 2023 | ₹95.0b | ₹26.7b | ₹6.0b | 20.9x | 15.9x | 3.6x |
| Fri, 13 Oct 2023 | ₹89.8b | ₹21.7b | ₹7.7b | 20.3x | 11.7x | 4.1x |
| Sun, 10 Sep 2023 | ₹83.0b | ₹21.7b | ₹7.7b | 17.5x | 10.8x | 3.8x |
| Tue, 08 Aug 2023 | ₹76.2b | ₹25.4b | ₹7.0b | 14.7x | 10.9x | 3x |
| Thu, 06 Jul 2023 | ₹69.7b | ₹25.1b | ₹7.2b | 13.4x | 9.6x | 2.8x |
| Sat, 03 Jun 2023 | ₹62.6b | ₹25.0b | ₹3.6b | 14.4x | 17.4x | 2.5x |
Price to Earnings Ratio
17.4x
Current Industry PE
- Investors are pessimistic on the Indian Energy Services 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 18.9x which is lower than its 3-year average PE of 23.9x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 28% 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 Energy industry?
| IN Market | 1.96% | |
| Energy | 2.01% | |
| Energy Services | 0.55% | |
| Oil and Gas Services | 1.39% | |
| Oil and Gas Drilling | -5.10% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 32.1x.
- Analysts are expecting annual earnings growth of 34.5%, which is higher than its past year's earnings growth of 26.3% per year.
- Investors are most pessimistic about the Oil and Gas Drilling industry, which is trading below its 3-year average of 18.5x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings growth rate of 26% per year.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 34% 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 | |
|---|---|---|---|---|---|
| 530355 Asian Energy Services | ₹353.05 | 10.1% +₹1.6b | 12.5% | PE33.5x | |
| 526807 Seamec | ₹1.59k | 2.0% +₹794.5m | 68.4% | PE16.1x | |
| RVTH Revathi Equipment India | ₹823.45 | 23.0% +₹472.5m | -7.7% | PE18.2x | |
| LIKHITHA Likhitha Infrastructure | ₹206.00 | 4.8% +₹371.2m | -22.6% | PE15.6x | |
| 532773 Global Vectra Helicorp | ₹172.05 | 5.2% +₹119.0m | -21.9% | PS0.5x |