Does Prakash Pipes (NSE:PPL) Have A Healthy Balance Sheet?
Dec 05
Indian (NIFTY) Building Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies41
- 7D2.3%
- 3M7.2%
- 1Y38.9%
- YTD43.3%
In the last week, the Building industry is up 2.3%, with Kajaria Ceramics up 6.0%. This takes the industry's 12 month performance to a gain of 39%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Indian Building Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | ₹1.5t | ₹475.9b | ₹29.6b | 34x | 50.7x | 3.2x |
| Thu, 02 Nov 2023 | ₹1.4t | ₹472.1b | ₹26.8b | 37x | 51.2x | 2.9x |
| Sat, 30 Sep 2023 | ₹1.4t | ₹465.3b | ₹25.2b | 35.1x | 54.7x | 3x |
| Mon, 28 Aug 2023 | ₹1.4t | ₹465.3b | ₹25.2b | 32.4x | 54.9x | 3x |
| Wed, 26 Jul 2023 | ₹1.3t | ₹460.6b | ₹24.8b | 31.8x | 53.9x | 2.9x |
| Fri, 23 Jun 2023 | ₹1.3t | ₹458.7b | ₹24.6b | 34x | 54.5x | 2.9x |
| Sun, 21 May 2023 | ₹1.2t | ₹460.0b | ₹25.0b | 29.2x | 46.6x | 2.5x |
| Tue, 18 Apr 2023 | ₹1.1t | ₹445.7b | ₹23.0b | 31.2x | 46.3x | 2.4x |
| Thu, 16 Mar 2023 | ₹1.0t | ₹445.7b | ₹23.0b | 30.1x | 44.4x | 2.3x |
| Sat, 11 Feb 2023 | ₹1.0t | ₹440.4b | ₹23.0b | 24.2x | 45.4x | 2.4x |
| Mon, 09 Jan 2023 | ₹1.1t | ₹431.2b | ₹24.7b | 25.1x | 42.8x | 2.4x |
| Wed, 07 Dec 2022 | ₹1.1t | ₹431.2b | ₹24.7b | 26.4x | 43.1x | 2.5x |
| Fri, 04 Nov 2022 | ₹1.1t | ₹419.2b | ₹27.8b | 24x | 37.8x | 2.5x |
| Sun, 02 Oct 2022 | ₹1.1t | ₹418.4b | ₹27.7b | 23.3x | 39.3x | 2.6x |
| Tue, 30 Aug 2022 | ₹1.1t | ₹421.2b | ₹27.0b | 22.9x | 39.1x | 2.5x |
| Thu, 28 Jul 2022 | ₹967.5b | ₹387.0b | ₹26.7b | 22.4x | 36.2x | 2.5x |
| Sat, 25 Jun 2022 | ₹879.8b | ₹379.3b | ₹26.0b | 22.3x | 33.9x | 2.3x |
| Mon, 23 May 2022 | ₹921.2b | ₹371.4b | ₹25.8b | 25.3x | 35.8x | 2.5x |
| Wed, 20 Apr 2022 | ₹1.1t | ₹378.7b | ₹26.1b | 27.6x | 41.4x | 2.9x |
| Fri, 18 Mar 2022 | ₹1.0t | ₹378.7b | ₹26.2b | 27.3x | 39.9x | 2.8x |
| Sun, 13 Feb 2022 | ₹1.1t | ₹374.4b | ₹25.8b | 27.6x | 42.2x | 2.9x |
| Tue, 11 Jan 2022 | ₹1.2t | ₹362.3b | ₹26.2b | 28.8x | 45.1x | 3.3x |
| Thu, 09 Dec 2021 | ₹1.1t | ₹357.7b | ₹24.7b | 27.2x | 44.4x | 3.1x |
| Sat, 06 Nov 2021 | ₹1.1t | ₹340.6b | ₹20.1b | 30.9x | 55.6x | 3.3x |
| Mon, 04 Oct 2021 | ₹1.1t | ₹326.0b | ₹19.9b | 32.9x | 54.2x | 3.3x |
| Wed, 01 Sep 2021 | ₹1.0t | ₹326.2b | ₹19.8b | 32.6x | 50.7x | 3.1x |
| Thu, 08 Jul 2021 | ₹949.4b | ₹323.4b | ₹19.7b | 27x | 48.2x | 2.9x |
| Wed, 31 Mar 2021 | ₹782.7b | ₹292.6b | ₹15.6b | 21.3x | 50.1x | 2.7x |
| Sat, 02 Jan 2021 | ₹639.3b | ₹260.2b | ₹10.4b | 19.5x | 61.3x | 2.5x |
Price to Earnings Ratio
61.3x
Current Industry PE
- Investors are optimistic on the Indian Building industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 50.7x which is higher than its 3-year average PE of 47.6x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Building industry have grown 42% per year over the last three years.
- Revenues for these companies have grown 22% 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 Industrials industry?
| IN Market | 4.17% | |
| Industrials | 5.52% | |
| Building | 2.25% | |
| Building Products | 2.25% | |
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 | |
|---|---|---|---|---|---|
| 500233 Kajaria Ceramics | ₹1.39k | 6.0% +₹12.5b | 19.6% | PE55.6x | |
| ASTRAL Astral | ₹1.97k | 2.0% +₹10.3b | 29.2% | PE98.7x | |
| 500067 Blue Star | ₹1.02k | 2.7% +₹5.5b | 64.9% | PE47.9x | |
| 532443 Cera Sanitaryware | ₹8.51k | 2.3% +₹2.5b | 61.0% | PE47.7x | |
| PRINCEPIPE Prince Pipes and Fittings | ₹713.40 | 3.1% +₹2.4b | 12.9% | PE35.9x |
