Cautious Investors Not Rewarding Cholamandalam Financial Holdings Limited's (NSE:CHOLAHLDNG) Performance Completely
Jun 08
Indian (NIFTY) Consumer Finance Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies84
- 7D3.2%
- 3M15.9%
- 1Y16.9%
- YTD7.8%
The Consumer Finance industry has gained 3.2% in the last week and Bajaj Finance up 2.1%. Meanwhile, Poonawalla Fincorp actually underperformed within the industry, shrinking 6.0% in the last week. In the last 12 months, the industry was up 17%. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Indian Consumer Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Jun 2024 | ₹11.0t | ₹1.4t | ₹473.1b | 22x | 23.3x | 7.8x |
| Tue, 14 May 2024 | ₹10.2t | ₹1.4t | ₹465.5b | 21x | 21.8x | 7.2x |
| Thu, 11 Apr 2024 | ₹10.7t | ₹1.4t | ₹451.5b | 21.1x | 23.6x | 7.6x |
| Sat, 09 Mar 2024 | ₹9.8t | ₹1.4t | ₹451.5b | 21.1x | 21.6x | 6.9x |
| Mon, 05 Feb 2024 | ₹10.3t | ₹1.5t | ₹460.6b | 21.6x | 22.4x | 7.1x |
| Wed, 03 Jan 2024 | ₹10.5t | ₹1.4t | ₹446.6b | 21x | 23.5x | 7.4x |
| Fri, 01 Dec 2023 | ₹10.1t | ₹1.4t | ₹444.6b | 20.5x | 22.7x | 7.2x |
| Sun, 29 Oct 2023 | ₹10.1t | ₹1.4t | ₹433.1b | 20.1x | 23.4x | 7.5x |
| Tue, 26 Sep 2023 | ₹10.3t | ₹1.3t | ₹416.8b | 20.7x | 24.6x | 7.7x |
| Thu, 24 Aug 2023 | ₹11.1t | ₹1.3t | ₹415.3b | 19.7x | 26.7x | 8.4x |
| Sat, 22 Jul 2023 | ₹9.9t | ₹1.3t | ₹383.6b | 21.3x | 25.7x | 7.9x |
| Mon, 19 Jun 2023 | ₹9.3t | ₹1.3t | ₹383.4b | 21.3x | 24.4x | 7.4x |
| Wed, 17 May 2023 | ₹8.7t | ₹1.3t | ₹375.8b | 21.9x | 23.2x | 6.9x |
| Fri, 14 Apr 2023 | ₹7.7t | ₹1.2t | ₹359.9b | 22.3x | 21.5x | 6.4x |
| Sun, 12 Mar 2023 | ₹7.6t | ₹1.2t | ₹359.9b | 22.7x | 21.1x | 6.3x |
| Tue, 07 Feb 2023 | ₹7.9t | ₹1.2t | ₹353.4b | 29.5x | 22.3x | 6.6x |
| Thu, 05 Jan 2023 | ₹8.1t | ₹1.1t | ₹322.2b | 28.8x | 25.2x | 7.3x |
| Sat, 03 Dec 2022 | ₹8.1t | ₹1.1t | ₹321.9b | 26.8x | 25.2x | 7.3x |
| Mon, 31 Oct 2022 | ₹8.0t | ₹1.1t | ₹319.4b | 27.9x | 25x | 7.5x |
| Wed, 28 Sep 2022 | ₹8.1t | ₹987.0b | ₹298.2b | 28x | 27.1x | 8.2x |
| Fri, 26 Aug 2022 | ₹8.1t | ₹987.1b | ₹298.2b | 23.8x | 27.2x | 8.2x |
| Sun, 24 Jul 2022 | ₹7.5t | ₹882.4b | ₹246.1b | 26.1x | 30.6x | 8.5x |
| Tue, 21 Jun 2022 | ₹6.4t | ₹788.5b | ₹235.1b | 23.4x | 27.1x | 8.1x |
| Thu, 19 May 2022 | ₹6.9t | ₹825.5b | ₹235.7b | 26.9x | 29.1x | 8.3x |
| Sat, 16 Apr 2022 | ₹8.2t | ₹902.0b | ₹200.8b | 29.9x | 40.6x | 9x |
| Mon, 14 Mar 2022 | ₹7.4t | ₹904.8b | ₹200.8b | 24.5x | 36.8x | 8.2x |
| Wed, 09 Feb 2022 | ₹7.8t | ₹889.2b | ₹202.2b | 25.7x | 38.8x | 8.8x |
| Fri, 07 Jan 2022 | ₹8.3t | ₹837.8b | ₹175.0b | 46.4x | 47.2x | 9.9x |
| Sun, 05 Dec 2021 | ₹8.0t | ₹837.8b | ₹175.0b | 21.9x | 45.7x | 9.5x |
| Tue, 02 Nov 2021 | ₹8.4t | ₹936.7b | -₹338,041,333,308.00 | 22x | -24.8x | 8.9x |
| Thu, 30 Sep 2021 | ₹8.3t | ₹805.5b | ₹160.5b | 22.7x | 51.6x | 10.3x |
| Sat, 28 Aug 2021 | ₹8.0t | ₹806.4b | ₹160.4b | 20.7x | 49.6x | 9.9x |
| Sun, 04 Jul 2021 | ₹7.3t | ₹806.4b | ₹160.4b | 19.6x | 45.4x | 9x |
Price to Earnings Ratio
45.4x
Current Industry PE
- Investors are pessimistic on the Indian Consumer Finance 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 23.3x which is lower than its 3-year average PE of 30.1x.
- The industry is trading close to its 3-year average PS ratio of 8.0x.
Past Earnings Growth
- The earnings for companies in the Consumer Finance industry have grown 43% per year over the last three years.
- Revenues for these companies have grown 20% 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 Financials industry?
| IN Market | 2.66% | |
| Financials | 2.49% | |
| Consumer Finance | 3.19% | |
| Consumer Finance | 3.19% | |
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 | |
|---|---|---|---|---|---|
| BAJFINANCE Bajaj Finance | ₹7.34k | 2.1% +₹92.8b | 1.9% | PE31.4x | |
| 511243 Cholamandalam Investment and Finance | ₹1.45k | 8.0% +₹89.8b | 28.3% | PE35.5x | |
| 511218 Shriram Finance | ₹2.73k | 9.4% +₹88.5b | 95.0% | PE13.9x | |
| M&MFIN Mahindra & Mahindra Financial Services | ₹298.95 | 5.8% +₹20.4b | -2.0% | PE19.1x | |
| CHOLAHLDNG Cholamandalam Financial Holdings | ₹1.29k | 7.5% +₹16.9b | 39.5% | PE13.6x |
