Aptus Value Housing Finance India Limited's (NSE:APTUS) P/E Is On The Mark
Apr 02
Indian (NIFTY) Thrifts and Mortgage Finance Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies14
- 7D-2.3%
- 3M-8.4%
- 1Y37.1%
- YTDn/a
LIC Housing Finance is up 8.5%, leading the way for the Thrifts and Mortgage Finance industry, which has gained 8.7%. This takes the industry's 12 month performance to a gain of 32%. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Indian Thrifts and Mortgage Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ₹1.4t | ₹250.9b | ₹116.1b | 18.3x | 11.8x | 5.5x |
| Sun, 17 Mar 2024 | ₹1.3t | ₹250.9b | ₹116.1b | 18.2x | 10.8x | 5x |
| Tue, 13 Feb 2024 | ₹1.4t | ₹251.9b | ₹115.8b | 23.1x | 12.1x | 5.6x |
| Thu, 11 Jan 2024 | ₹1.4t | ₹239.5b | ₹106.1b | 26.7x | 13.2x | 5.9x |
| Sat, 09 Dec 2023 | ₹1.3t | ₹234.8b | ₹104.1b | 20.7x | 12.7x | 5.6x |
| Mon, 06 Nov 2023 | ₹1.2t | ₹234.5b | ₹104.0b | 20.2x | 11.7x | 5.2x |
| Wed, 04 Oct 2023 | ₹1.2t | ₹217.8b | ₹92.5b | 22.4x | 13.2x | 5.6x |
| Fri, 01 Sep 2023 | ₹1.2t | ₹217.8b | ₹92.5b | 20.5x | 12.7x | 5.4x |
| Sun, 30 Jul 2023 | ₹1.1t | ₹222.8b | ₹88.2b | 21.3x | 12.7x | 5x |
| Tue, 27 Jun 2023 | ₹1.0t | ₹205.4b | ₹85.7b | 20x | 12x | 5x |
| Thu, 25 May 2023 | ₹954.0b | ₹206.1b | ₹85.7b | 17x | 11.1x | 4.6x |
| Sat, 22 Apr 2023 | ₹870.9b | ₹202.6b | ₹82.5b | 15.9x | 10.6x | 4.3x |
| Mon, 20 Mar 2023 | ₹882.7b | ₹202.6b | ₹82.5b | 15.3x | 10.7x | 4.4x |
| Wed, 15 Feb 2023 | ₹973.6b | ₹202.2b | ₹82.6b | 16.3x | 11.8x | 4.8x |
| Fri, 13 Jan 2023 | ₹1.0t | ₹194.0b | ₹83.4b | 15.9x | 12.1x | 5.2x |
| Sun, 11 Dec 2022 | ₹1.0t | ₹194.0b | ₹83.4b | 16.3x | 12x | 5.2x |
| Tue, 08 Nov 2022 | ₹951.2b | ₹187.8b | ₹82.9b | 15.6x | 11.5x | 5.1x |
| Thu, 06 Oct 2022 | ₹972.0b | ₹181.9b | ₹80.7b | 16.9x | 12x | 5.3x |
| Sat, 03 Sep 2022 | ₹1.0t | ₹181.9b | ₹80.7b | 18x | 12.6x | 5.6x |
| Mon, 01 Aug 2022 | ₹5.3t | ₹1.2t | ₹300.7b | 17.9x | 17.5x | 4.5x |
| Wed, 29 Jun 2022 | ₹4.8t | ₹1.2t | ₹296.4b | 14.3x | 16.1x | 3.9x |
| Fri, 27 May 2022 | ₹4.9t | ₹1.2t | ₹296.4b | 18x | 16.7x | 4x |
| Sun, 24 Apr 2022 | ₹5.0t | ₹1.2t | ₹276.0b | 18.8x | 18.1x | 4x |
| Tue, 22 Mar 2022 | ₹5.3t | ₹1.2t | ₹276.0b | 17.7x | 19.2x | 4.3x |
| Thu, 17 Feb 2022 | ₹5.4t | ₹1.2t | ₹276.0b | 18.2x | 19.4x | 4.3x |
| Sat, 15 Jan 2022 | ₹6.0t | ₹1.3t | ₹268.5b | 17.3x | 22.3x | 4.6x |
| Mon, 13 Dec 2021 | ₹6.2t | ₹1.3t | ₹268.5b | 17.2x | 23x | 4.7x |
| Wed, 10 Nov 2021 | ₹6.5t | ₹1.3t | ₹268.9b | 18.7x | 24.1x | 4.9x |
| Fri, 08 Oct 2021 | ₹6.0t | ₹1.3t | ₹266.6b | 22x | 22.6x | 4.8x |
| Sun, 05 Sep 2021 | ₹6.0t | ₹1.3t | ₹266.6b | 20.8x | 22.6x | 4.8x |
| Tue, 03 Aug 2021 | ₹5.5t | ₹1.3t | ₹263.9b | 17.1x | 20.9x | 4.4x |
| Fri, 07 May 2021 | ₹5.1t | ₹1.2t | ₹253.3b | 13.3x | 20.2x | 4.2x |
Price to Earnings Ratio
20.2x
Current Industry PE
- Investors are pessimistic on the Indian Thrifts and Mortgage 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 11.6x which is lower than its 3-year average PE of 15.6x.
- The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Thrifts and Mortgage Finance industry have declined 23% per year over the last three years,
- Revenues have also declined 41% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Indian Thrifts and Mortgage Finance compare with similar industries?
| IN Market | -2.09% | |
| Financials | -2.82% | |
| Mortgage Finance | 0% | |
| Thrifts and Mortgage Finance | -2.30% | |
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 | |
|---|---|---|---|---|---|
| 511740 Mehta Housing Finance | ₹117.00 | 4.0% +₹13.9m | 8.5% | PB7.3x |