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To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Has the Indian Packaging Industry valuation changed over the past few years?
|Sun, 28 Nov 2021||₹321.5b||₹380.6b||₹25.1b||11.8x|
|Tue, 26 Oct 2021||₹329.1b||₹357.8b||₹24.8b||13.5x|
|Thu, 23 Sep 2021||₹344.8b||₹357.0b||₹25.2b||14.2x|
|Sat, 21 Aug 2021||₹306.7b||₹358.2b||₹25.2b||12x|
|Sat, 05 Jun 2021||₹283.4b||₹327.6b||₹21.2b||15.9x|
|Tue, 09 Mar 2021||₹237.9b||₹309.3b||₹17.5b||10.5x|
|Mon, 30 Nov 2020||₹232.2b||₹304.6b||₹14.3b||10.2x|
|Thu, 03 Sep 2020||₹224.3b||₹303.7b||₹12.0b||12.1x|
|Sun, 07 Jun 2020||₹151.4b||₹317.3b||₹12.9b||8.3x|
|Sat, 29 Feb 2020||₹180.1b||₹328.8b||₹12.2b||7.3x|
|Tue, 03 Dec 2019||₹175.4b||₹331.8b||₹12.4b||7.6x|
|Fri, 06 Sep 2019||₹151.6b||₹333.4b||₹12.0b||7.9x|
|Mon, 10 Jun 2019||₹195.3b||₹330.7b||₹12.8b||9.6x|
|Sun, 03 Mar 2019||₹171.7b||₹321.3b||₹13.4b||11.3x|
|Wed, 05 Dec 2018||₹193.6b||₹311.2b||₹13.5b||12.2x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Packaging industry have grown 23% per year over the last three years, and revenues for these companies have grown 6.9% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Indian Packaging industry?
|Metal and Glass Containers||-0.89%|
Industry PE: Investors are most optimistic about the Metal and Glass Containers industry, which is trading close to its 3-year average PE ratio of 14.2x. However analysts are expecting annual earnings growth of 25%, which is lower than the prior year's growth of 77% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Paper Packaging industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 8.6x.
Forecasted Growth: Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 36% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Metal and Glass Containers industry is expected to see its earnings grow by 25% per year over the next few years.
Which companies have driven the market over the last 7 days?
Everest Kanto Cylinder
B&B Triplewall Containers
HCP Plastene Bulkpack
N R Agarwal Industries
Commercial Syn Bags