Ramco Cements (NSE:RAMCOCEM) Will Want To Turn Around Its Return Trends
Apr 20
Indian (NIFTY) Basic Materials Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies64
- 7D2.7%
- 3M0.009%
- 1Y30.9%
- YTD-1.3%
Over the last 7 days, the Basic Materials industry has risen 2.7%, driven by gains in Grasim Industries and UltraTech Cement of 6.4% and 3.2%, respectively. During this same period, the Dalmia Bharat underperformed, falling 7.3%. In the last 12 months, the industry was up 31%. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Indian Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₹9.3t | ₹3.8t | ₹233.4b | 34.5x | 39.8x | 2.4x |
| Sun, 24 Mar 2024 | ₹8.8t | ₹3.8t | ₹234.4b | 31x | 37.7x | 2.3x |
| Tue, 20 Feb 2024 | ₹9.1t | ₹3.8t | ₹234.5b | 33.8x | 39x | 2.4x |
| Thu, 18 Jan 2024 | ₹8.8t | ₹3.8t | ₹216.9b | 37.1x | 40.5x | 2.3x |
| Sat, 16 Dec 2023 | ₹9.0t | ₹3.8t | ₹216.9b | 38.7x | 41.5x | 2.4x |
| Mon, 13 Nov 2023 | ₹7.9t | ₹3.7t | ₹214.9b | 31.8x | 36.7x | 2.1x |
| Wed, 11 Oct 2023 | ₹7.7t | ₹3.7t | ₹185.2b | 30.9x | 41.7x | 2.1x |
| Fri, 08 Sep 2023 | ₹7.8t | ₹3.7t | ₹184.1b | 33.8x | 42.5x | 2.1x |
| Sun, 06 Aug 2023 | ₹7.6t | ₹3.6t | ₹192.6b | 34.5x | 39.4x | 2.1x |
| Tue, 04 Jul 2023 | ₹7.5t | ₹3.6t | ₹185.8b | 28.2x | 40.6x | 2.1x |
| Thu, 01 Jun 2023 | ₹7.3t | ₹3.6t | ₹193.6b | 31.5x | 37.5x | 2x |
| Sat, 29 Apr 2023 | ₹7.0t | ₹3.5t | ₹207.1b | 25x | 33.6x | 2x |
| Mon, 27 Mar 2023 | ₹6.7t | ₹3.4t | ₹210.3b | 21.3x | 31.9x | 1.9x |
| Wed, 22 Feb 2023 | ₹6.8t | ₹3.4t | ₹210.0b | 22.7x | 32.3x | 2x |
| Fri, 20 Jan 2023 | ₹7.2t | ₹3.3t | ₹213.6b | 25.6x | 33.8x | 2.2x |
| Sun, 18 Dec 2022 | ₹7.3t | ₹3.3t | ₹213.8b | 25x | 34.3x | 2.2x |
| Tue, 15 Nov 2022 | ₹7.1t | ₹3.3t | ₹219.2b | 25.5x | 32.6x | 2.2x |
| Thu, 13 Oct 2022 | ₹6.6t | ₹3.2t | ₹256.5b | 20.2x | 25.7x | 2x |
| Sat, 10 Sep 2022 | ₹6.9t | ₹3.2t | ₹256.5b | 19.3x | 27x | 2.1x |
| Mon, 08 Aug 2022 | ₹6.4t | ₹3.1t | ₹255.7b | 17.5x | 25.1x | 2.1x |
| Wed, 06 Jul 2022 | ₹5.7t | ₹3.0t | ₹270.2b | 15.6x | 20.9x | 1.9x |
| Fri, 03 Jun 2022 | ₹6.0t | ₹3.0t | ₹271.2b | 16.6x | 22.1x | 2x |
| Sun, 01 May 2022 | ₹6.7t | ₹3.0t | ₹268.5b | 15.6x | 24.8x | 2.3x |
| Tue, 29 Mar 2022 | ₹6.1t | ₹2.9t | ₹271.0b | 14.9x | 22.5x | 2.1x |
| Thu, 24 Feb 2022 | ₹6.5t | ₹2.9t | ₹271.4b | 15.3x | 24x | 2.2x |
| Sat, 22 Jan 2022 | ₹7.2t | ₹2.9t | ₹284.7b | 18.1x | 25.2x | 2.5x |
| Mon, 20 Dec 2021 | ₹7.1t | ₹2.9t | ₹283.4b | 17.3x | 24.9x | 2.5x |
| Wed, 17 Nov 2021 | ₹7.8t | ₹2.9t | ₹283.5b | 17.5x | 27.4x | 2.7x |
| Fri, 15 Oct 2021 | ₹7.4t | ₹2.8t | ₹274.9b | 17.3x | 26.9x | 2.7x |
| Sun, 12 Sep 2021 | ₹7.7t | ₹2.8t | ₹274.9b | 17.5x | 28x | 2.8x |
| Tue, 10 Aug 2021 | ₹7.0t | ₹2.7t | ₹273.1b | 18x | 25.6x | 2.6x |
| Mon, 03 May 2021 | ₹6.0t | ₹2.5t | ₹229.9b | 17x | 26.2x | 2.4x |
Price to Earnings Ratio
26.2x
Current Industry PE
- Investors are optimistic on the Indian Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 39.8x which is higher than its 3-year average PE of 31.0x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 16% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | 2.82% | |
| Materials | 3.83% | |
| Basic Materials | 2.69% | |
| Construction Materials | 2.69% | |
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 | |
|---|---|---|---|---|---|
| ULTRACEMCO UltraTech Cement | ₹9.70k | 3.6% +₹97.1b | 28.4% | PE43.6x | |
| 500425 Ambuja Cements | ₹632.05 | 3.7% +₹55.7b | 59.5% | PE49.2x | |
| GRASIM Grasim Industries | ₹2.34k | 3.0% +₹47.0b | 36.2% | PE28.3x | |
| ACC ACC | ₹2.53k | 5.3% +₹24.0b | 43.7% | PE29.2x | |
| ORIENTCEM Orient Cement | ₹229.10 | 15.5% +₹6.3b | 79.7% | PE27x |
