Indian (NIFTY) Thrifts and Mortgage Finance Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies15
- 7D4.5%
- 3M-3.9%
- 1Y-8.6%
- YTD-12.0%
The Thrifts and Mortgage Finance industry is up 4.5% in the last week, with Housing Development Finance up 5.8%. During this same period, the Aptus Value Housing Finance India underperformed, falling 7.3%. In the past year, the industry is down 8.6%. Looking forward, earnings are forecast to grow by 16% annually.
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 |
|---|---|---|---|---|
| Sun, 29 May 2022 | ₹5.1t | ₹1.2t | ₹296.4b | 18.7x |
| Tue, 26 Apr 2022 | ₹5.0t | ₹1.2t | ₹276.0b | 18.7x |
| Thu, 24 Mar 2022 | ₹5.2t | ₹1.2t | ₹276.0b | 17.9x |
| Sat, 19 Feb 2022 | ₹5.5t | ₹1.2t | ₹276.0b | 17.7x |
| Mon, 17 Jan 2022 | ₹6.0t | ₹1.3t | ₹268.5b | 17.3x |
| Wed, 15 Dec 2021 | ₹6.1t | ₹1.3t | ₹268.5b | 17.1x |
| Fri, 12 Nov 2021 | ₹6.4t | ₹1.3t | ₹268.9b | 18.2x |
| Sun, 10 Oct 2021 | ₹6.0t | ₹1.3t | ₹266.6b | 21.8x |
| Tue, 07 Sep 2021 | ₹6.2t | ₹1.3t | ₹266.6b | 21.4x |
| Thu, 05 Aug 2021 | ₹5.7t | ₹1.3t | ₹263.9b | 16.1x |
| Sun, 09 May 2021 | ₹5.1t | ₹1.2t | ₹253.3b | 13.3x |
| Wed, 10 Feb 2021 | ₹4.9t | ₹1.0t | ₹232.8b | 12.9x |
| Tue, 03 Nov 2020 | ₹3.9t | ₹869.3b | ₹218.2b | 14.5x |
| Fri, 07 Aug 2020 | ₹3.5t | ₹848.4b | ₹278.5b | 10.8x |
| Thu, 30 Apr 2020 | ₹4.0t | ₹800.8b | ₹283.1b | 11.3x |
| Sun, 02 Feb 2020 | ₹5.1t | ₹951.4b | ₹303.4b | 15.6x |
| Wed, 06 Nov 2019 | ₹4.5t | ₹945.1b | ₹301.1b | 14.2x |
| Sat, 10 Aug 2019 | ₹4.4t | ₹813.3b | ₹232.7b | 10.4x |
Median PE Ratio
15.5x
Current Industry PE
- Investors are optimistic on the industry, and appear confident in long-term growth rates.
- The industry is trading at a PE ratio of 18.7x which is higher than its 3-year average PE of 14.6x.
Past Earnings Growth
- The earnings for companies in the Thrifts and Mortgage Finance industry have grown 8.1% per year over the last three years.
- Revenues for these companies have grown 15% 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 Thrifts and Mortgage Finance compare with similar industries?
| IN Market | -0.87% | |
| Financials | 2.32% | |
| Mortgage Finance | 4.46% | |
| Thrifts and Mortgage Finance | 4.46% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500010 Housing Development Finance | ₹2.33k | 5.8% +₹231.4b | -8.3% | PB2.4x | |
| LICHSGFIN LIC Housing Finance | ₹377.65 | 2.1% +₹4.3b | -17.2% | PB0.8x | |
| 543259 Home First Finance Company India | ₹798.00 | 6.1% +₹4.0b | 46.3% | PB4.4x | |
| 511740 Mehta Housing Finance | ₹288.40 | 27.6% +₹192.2m | 1,310.3% | PB16.7x | |
| 530979 India Home Loan | ₹34.75 | 3.7% +₹17.9m | -27.7% | PB1.2x |