Do Bajaj Finserv's (NSE:BAJAJFINSV) Earnings Warrant Your Attention?
Apr 04
Indian (NIFTY) Other Diversified Financial Services Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies25
- 7D-3.5%
- 3M17.6%
- 1Y27.4%
- YTDn/a
Over the last 7 days, the Other Diversified Financial Services industry has dropped 2.5%, driven by declines in Bajaj Finserv and Jio Financial Services of 3.1% and 3.6%, respectively. Over the past 12 months, the industry was up 29%. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Indian Other Diversified Financial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ₹5.9t | ₹1.3t | ₹129.9b | 23.4x | 45.1x | 4.4x |
| Sun, 17 Mar 2024 | ₹5.6t | ₹1.3t | ₹129.9b | 25.4x | 42.9x | 4.2x |
| Tue, 13 Feb 2024 | ₹5.1t | ₹1.3t | ₹129.9b | 25.3x | 39.5x | 3.9x |
| Thu, 11 Jan 2024 | ₹10.1t | ₹2.4t | ₹388.8b | 33x | 26.1x | 4.2x |
| Sat, 09 Dec 2023 | ₹10.2t | ₹2.4t | ₹388.8b | 27.4x | 26.1x | 4.2x |
| Mon, 06 Nov 2023 | ₹9.7t | ₹2.4t | ₹388.7b | 29.5x | 25x | 4x |
| Wed, 04 Oct 2023 | ₹9.8t | ₹2.3t | ₹380.5b | 30.9x | 25.7x | 4.2x |
| Fri, 01 Sep 2023 | ₹8.2t | ₹2.3t | ₹380.3b | 29.3x | 21.6x | 3.5x |
| Sun, 30 Jul 2023 | ₹8.4t | ₹2.3t | ₹378.2b | 20.5x | 22.3x | 3.6x |
| Tue, 27 Jun 2023 | ₹8.2t | ₹2.3t | ₹368.8b | 22.6x | 22.2x | 3.6x |
| Thu, 25 May 2023 | ₹7.9t | ₹2.3t | ₹368.8b | 21.6x | 21.3x | 3.4x |
| Sat, 22 Apr 2023 | ₹7.8t | ₹2.2t | ₹349.3b | 19.2x | 22.2x | 3.6x |
| Mon, 20 Mar 2023 | ₹7.4t | ₹2.2t | ₹349.3b | 17.8x | 21.1x | 3.4x |
| Wed, 15 Feb 2023 | ₹7.8t | ₹2.2t | ₹349.3b | 18.1x | 22.3x | 3.6x |
| Fri, 13 Jan 2023 | ₹7.6t | ₹2.0t | ₹328.5b | 21.2x | 23.1x | 3.8x |
| Sun, 11 Dec 2022 | ₹8.0t | ₹2.0t | ₹328.5b | 21.3x | 24.5x | 4x |
| Tue, 08 Nov 2022 | ₹7.9t | ₹2.0t | ₹327.4b | 18.9x | 24.2x | 4x |
| Thu, 06 Oct 2022 | ₹7.5t | ₹1.9t | ₹308.3b | 19.1x | 24.2x | 3.9x |
| Sat, 03 Sep 2022 | ₹7.7t | ₹1.9t | ₹308.3b | 19.7x | 24.9x | 4x |
| Mon, 01 Aug 2022 | ₹2.9t | ₹943.8b | ₹78.3b | 24x | 36.4x | 3x |
| Wed, 29 Jun 2022 | ₹2.2t | ₹924.7b | ₹72.5b | 22.8x | 30.5x | 2.4x |
| Fri, 27 May 2022 | ₹2.4t | ₹924.2b | ₹72.6b | 19.4x | 33x | 2.6x |
| Sun, 24 Apr 2022 | ₹3.0t | ₹893.6b | ₹69.4b | 22.2x | 42.7x | 3.3x |
| Tue, 22 Mar 2022 | ₹3.0t | ₹893.6b | ₹69.4b | 17.4x | 43.6x | 3.4x |
| Thu, 17 Feb 2022 | ₹3.1t | ₹893.6b | ₹69.4b | 17.9x | 44.1x | 3.4x |
| Sat, 15 Jan 2022 | ₹3.4t | ₹873.0b | ₹66.6b | 24x | 51.6x | 3.9x |
| Mon, 13 Dec 2021 | ₹3.3t | ₹873.0b | ₹66.6b | 23.3x | 50x | 3.8x |
| Wed, 10 Nov 2021 | ₹3.4t | ₹873.3b | ₹66.6b | 22.7x | 50.9x | 3.9x |
| Fri, 08 Oct 2021 | ₹3.3t | ₹834.1b | ₹64.5b | 21.6x | 50.8x | 3.9x |
| Sun, 05 Sep 2021 | ₹3.1t | ₹835.2b | ₹64.8b | 17.5x | 48.5x | 3.8x |
| Tue, 03 Aug 2021 | ₹2.8t | ₹835.2b | ₹64.8b | 16.2x | 43.1x | 3.3x |
| Fri, 07 May 2021 | ₹2.3t | ₹832.1b | ₹67.2b | 14.7x | 33.6x | 2.7x |
Price to Earnings Ratio
33.6x
Current Industry PE
- Investors are optimistic on the Indian Other Diversified Financial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 45.3x which is higher than its 3-year average PE of 32.6x.
- The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Other Diversified Financial Services industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 17% 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 Other Diversified Financial Services compare with similar industries?
| IN Market | -2.09% | |
| Financials | -2.82% | |
| Diversified Financial | -3.45% | |
| Other Diversified Financial Services | -3.47% | |
| Multi-Sector Holdings | -2.96% | |
| Transaction and Payment Processing Services | -3.20% | |
| Specialized Finance | -3.81% | |
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 | |
|---|---|---|---|---|---|
| JIOFIN Jio Financial Services | ₹378.40 | 2.1% +₹50.5b | n/a | PE7693.1x | |
| 532855 Haryana Capfin | ₹176.75 | 5.6% +₹49.2m | 244.6% | PE31.6x | |
| 511525 Pan India | ₹2.37 | 3.9% +₹19.3m | 25.4% | PS1260.9x | |
| 512489 Oasis Securities | ₹138.55 | 3.6% +₹8.8m | 89.8% | PE11.3x | |
| 511692 Ajcon Global Services | ₹36.25 | 2.1% +₹4.5m | 27.2% | PE24.2x |