Siemens Limited's (NSE:SIEMENS) P/S Still Appears To Be Reasonable
Mar 05
Indian (NIFTY) Industrials Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies11
- 7D0.03%
- 3M22.4%
- 1Y73.9%
- YTD22.1%
Over the last 7 days, the Industrials industry has remained flat, although notably Siemens gained 6.0%. As for the the longer term, the industry is up 74% over the past 12 months. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Indian Industrials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | ₹3.0t | ₹673.8b | ₹53.8b | 26x | 56.1x | 4.5x |
| Thu, 21 Mar 2024 | ₹2.6t | ₹673.8b | ₹53.8b | 22.6x | 48.9x | 3.9x |
| Sat, 17 Feb 2024 | ₹2.6t | ₹673.8b | ₹53.8b | 24.2x | 47.8x | 3.8x |
| Mon, 15 Jan 2024 | ₹2.5t | ₹665.0b | ₹53.6b | 24.4x | 46.4x | 3.7x |
| Wed, 13 Dec 2023 | ₹2.3t | ₹665.3b | ₹53.8b | 19.9x | 42.2x | 3.4x |
| Fri, 10 Nov 2023 | ₹2.1t | ₹651.4b | ₹51.3b | 25.3x | 40.6x | 3.2x |
| Sun, 08 Oct 2023 | ₹2.2t | ₹644.4b | ₹51.1b | 27.4x | 42.3x | 3.4x |
| Tue, 05 Sep 2023 | ₹2.2t | ₹644.4b | ₹51.1b | 23x | 43.7x | 3.5x |
| Thu, 03 Aug 2023 | ₹2.1t | ₹632.0b | ₹49.8b | 15.5x | 41.5x | 3.3x |
| Sat, 01 Jul 2023 | ₹2.0t | ₹625.3b | ₹49.1b | 15.7x | 41.4x | 3.3x |
| Mon, 29 May 2023 | ₹1.9t | ₹628.2b | ₹49.0b | 11x | 38x | 3x |
| Wed, 26 Apr 2023 | ₹1.8t | ₹599.3b | ₹45.5b | 9.6x | 38.7x | 2.9x |
| Fri, 24 Mar 2023 | ₹1.7t | ₹599.3b | ₹45.5b | 10.2x | 37.8x | 2.9x |
| Sun, 19 Feb 2023 | ₹1.7t | ₹600.0b | ₹44.8b | 10.6x | 37.8x | 2.8x |
| Tue, 17 Jan 2023 | ₹1.6t | ₹571.7b | ₹39.1b | 10.8x | 40.5x | 2.8x |
| Thu, 15 Dec 2022 | ₹1.6t | ₹571.6b | ₹39.1b | 12.9x | 41.5x | 2.8x |
| Sat, 12 Nov 2022 | ₹1.6t | ₹562.9b | ₹38.4b | 11.7x | 40.6x | 2.8x |
| Mon, 10 Oct 2022 | ₹1.5t | ₹551.8b | ₹36.4b | 12.5x | 42.2x | 2.8x |
| Wed, 07 Sep 2022 | ₹1.6t | ₹551.8b | ₹36.4b | 13.8x | 43.4x | 2.9x |
| Fri, 05 Aug 2022 | ₹1.5t | ₹530.0b | ₹32.4b | 14.3x | 45.1x | 2.8x |
| Sun, 03 Jul 2022 | ₹1.3t | ₹503.8b | ₹30.2b | 13.4x | 44.3x | 2.7x |
| Tue, 31 May 2022 | ₹1.3t | ₹503.8b | ₹30.4b | 10.3x | 43.7x | 2.6x |
| Thu, 28 Apr 2022 | ₹1.3t | ₹462.0b | ₹25.7b | 12.1x | 49.5x | 2.8x |
| Sat, 26 Mar 2022 | ₹1.3t | ₹462.0b | ₹25.7b | 11.5x | 49.2x | 2.7x |
| Mon, 21 Feb 2022 | ₹1.4t | ₹462.0b | ₹25.7b | 12.2x | 53.3x | 3x |
| Wed, 19 Jan 2022 | ₹1.4t | ₹432.2b | ₹25.0b | 14.2x | 56.1x | 3.2x |
| Fri, 17 Dec 2021 | ₹1.4t | ₹432.3b | ₹25.0b | 12.8x | 57.7x | 3.3x |
| Sun, 14 Nov 2021 | ₹1.4t | ₹414.5b | ₹25.3b | 13.7x | 56.9x | 3.5x |
| Tue, 12 Oct 2021 | ₹1.4t | ₹401.7b | ₹26.1b | 13.8x | 52x | 3.4x |
| Thu, 09 Sep 2021 | ₹1.3t | ₹410.0b | ₹25.4b | 14.2x | 52.5x | 3.3x |
| Sat, 07 Aug 2021 | ₹1.3t | ₹410.0b | ₹25.4b | 14.6x | 51.1x | 3.2x |
| Fri, 30 Apr 2021 | ₹1.2t | ₹370.2b | ₹21.1b | 18.2x | 56.7x | 3.2x |
Price to Earnings Ratio
56.7x
Current Industry PE
- Investors are optimistic on the Indian Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 56.1x which is higher than its 3-year average PE of 46.6x.
- The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 37% 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 | -1.57% | |
| Industrials | -1.24% | |
| Industrials | 0.035% | |
| Industrial Conglomerates | 0.035% | |
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 | |
|---|---|---|---|---|---|
| SIEMENS Siemens | ₹5.77k | 6.0% +₹116.6b | 76.5% | PE102.5x | |
| APARINDS APAR Industries | ₹7.33k | 5.1% +₹14.3b | 158.3% | PE35.4x | |
| 523395 3M India | ₹29.91k | 2.5% +₹8.2b | 34.3% | PE61.7x | |
| 500164 Godrej Industries | ₹841.60 | 0.2% +₹538.7m | 92.8% | PE42.2x | |
| 532485 Balmer Lawrie Investments | ₹672.20 | 3.4% +₹487.2m | 80.2% | PE10x |