Carborundum Universal (NSE:CARBORUNIV) Has A Pretty Healthy Balance Sheet
May 27
Indian (NIFTY) Commodity Chemicals Industry Analysis
UpdatedMay 29, 2023
DataAggregated Company Financials
Companies130
- 7D0.6%
- 3M7.5%
- 1Y14.6%
- YTD2.3%
Last week, the Commodity Chemicals industry hasn't moved much but Berger Paints India is up 3.6% in that time. As for the the longer term, the industry is up 15% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Indian Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 May 2023 | ₹3.7t | ₹2.2t | ₹198.9b | 16.5x | 18.4x | 1.7x |
| Wed, 26 Apr 2023 | ₹3.5t | ₹2.2t | ₹210.0b | 14.2x | 16.6x | 1.6x |
| Fri, 24 Mar 2023 | ₹3.4t | ₹2.2t | ₹207.8b | 13.2x | 16.2x | 1.6x |
| Sun, 19 Feb 2023 | ₹3.5t | ₹2.2t | ₹207.7b | 13.9x | 17x | 1.6x |
| Tue, 17 Jan 2023 | ₹3.5t | ₹2.1t | ₹215.1b | 15x | 16.5x | 1.7x |
| Thu, 15 Dec 2022 | ₹3.7t | ₹2.1t | ₹210.4b | 15.1x | 17.5x | 1.8x |
| Sat, 12 Nov 2022 | ₹3.6t | ₹1.9t | ₹208.7b | 15.1x | 17.3x | 1.9x |
| Mon, 10 Oct 2022 | ₹3.7t | ₹1.9t | ₹203.5b | 16.6x | 18.3x | 1.9x |
| Wed, 07 Sep 2022 | ₹3.7t | ₹1.9t | ₹202.9b | 16.1x | 18.4x | 1.9x |
| Fri, 05 Aug 2022 | ₹3.5t | ₹1.9t | ₹193.7b | 15.5x | 18.1x | 1.9x |
| Sun, 03 Jul 2022 | ₹3.1t | ₹1.8t | ₹182.7b | 13.8x | 16.8x | 1.8x |
| Tue, 31 May 2022 | ₹3.3t | ₹1.8t | ₹179.5b | 14.2x | 18.5x | 1.9x |
| Thu, 28 Apr 2022 | ₹3.7t | ₹1.7t | ₹163.6b | 16.3x | 22.5x | 2.2x |
| Sat, 26 Mar 2022 | ₹3.6t | ₹1.7t | ₹163.4b | 16x | 21.7x | 2.1x |
| Mon, 21 Feb 2022 | ₹3.5t | ₹1.7t | ₹167.4b | 14.6x | 21.1x | 2.1x |
| Wed, 19 Jan 2022 | ₹3.9t | ₹1.6t | ₹163.1b | 16.5x | 23.7x | 2.5x |
| Fri, 17 Dec 2021 | ₹3.7t | ₹1.6t | ₹163.7b | 13.6x | 22.8x | 2.4x |
| Sun, 14 Nov 2021 | ₹3.8t | ₹1.5t | ₹162.4b | 14.7x | 23.6x | 2.5x |
| Tue, 12 Oct 2021 | ₹4.1t | ₹1.4t | ₹151.7b | 15.2x | 26.9x | 2.8x |
| Thu, 09 Sep 2021 | ₹3.6t | ₹1.4t | ₹150.0b | 14.5x | 23.7x | 2.5x |
| Sat, 07 Aug 2021 | ₹3.5t | ₹1.4t | ₹148.8b | 15.3x | 23.8x | 2.5x |
| Fri, 30 Apr 2021 | ₹2.9t | ₹1.3t | ₹117.9b | 14.7x | 24.7x | 2.3x |
| Mon, 01 Feb 2021 | ₹2.5t | ₹1.2t | ₹87.4b | 15x | 28.4x | 2.1x |
| Thu, 05 Nov 2020 | ₹2.1t | ₹1.1t | ₹78.8b | 15.7x | 27.2x | 1.9x |
| Sun, 09 Aug 2020 | ₹1.8t | ₹1.1t | ₹77.0b | 13x | 24x | 1.6x |
Price to Earnings Ratio
18.6x
Current Industry PE
- Investors are pessimistic on the Indian Commodity Chemicals 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 18.2x which is lower than its 3-year average PE of 22.1x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have grown 32% 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 Comparison
How does Indian Commodity Chemicals compare with similar industries?
| IN Market | 2.18% | |
| Materials | 1.07% | |
| Chemicals | 1.04% | |
| Commodity Chemicals | 0.59% | |
| Diversified Chemicals | 1.92% | |
| Fertilizers and Agricultural Chemicals | 1.74% | |
| Industrial Gases | 1.61% | |
| Specialty Chemicals | 0.56% | |
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 | |
|---|---|---|---|---|---|
| 506401 Deepak Nitrite | ₹2.08k | 7.1% +₹18.7b | 4.8% | PE33.3x | |
| 509480 Berger Paints India | ₹640.90 | 2.4% +₹14.4b | 5.9% | PE72.4x | |
| SUPREMEIND Supreme Industries | ₹2.81k | 3.0% +₹10.5b | 54.5% | PE41.3x | |
| 500165 Kansai Nerolac Paints | ₹413.80 | 1.4% +₹3.0b | 2.4% | PE47.1x | |
| 540145 Valiant Organics | ₹583.10 | 22.8% +₹2.9b | -15.3% | PE18x |
