Narrative Update • May 27
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- 7D0.3%
- 3M7.8%
- 1Y-12.1%
- YTD-5.4%
Over the last 7 days, the Paper and Forestry Products industry has dropped 1.9%, driven by Century Plyboards (India) declining 1.6%. On the other hand Greenply Industries is actually up 18%. The industry has fallen 13% in the last year. Looking forward, earnings are forecast to grow by 41% annually.
Industry Valuation and Performance
Has the Indian Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | ₹449.2b | ₹441.7b | ₹14.9b | 21.7x | 30.1x | 1x |
| Mon, 04 May 2026 | ₹463.3b | ₹429.8b | ₹15.0b | 23.8x | 30.8x | 1.1x |
| Wed, 01 Apr 2026 | ₹391.3b | ₹429.0b | ₹12.7b | 22.8x | 30.8x | 0.9x |
| Fri, 27 Feb 2026 | ₹440.7b | ₹429.0b | ₹12.7b | 27.7x | 34.7x | 1x |
| Sun, 25 Jan 2026 | ₹440.8b | ₹422.5b | ₹12.9b | 32.4x | 34.2x | 1x |
| Tue, 23 Dec 2025 | ₹476.2b | ₹422.3b | ₹12.8b | 36.2x | 37.1x | 1.1x |
| Thu, 20 Nov 2025 | ₹664.7b | ₹431.4b | ₹10.6b | 35.3x | 62.5x | 1.5x |
| Sat, 18 Oct 2025 | ₹663.0b | ₹428.3b | ₹14.0b | 27.8x | 47.3x | 1.5x |
| Mon, 15 Sep 2025 | ₹703.8b | ₹428.3b | ₹14.0b | 26.2x | 50.2x | 1.6x |
| Wed, 13 Aug 2025 | ₹694.7b | ₹433.4b | ₹14.1b | 20.7x | 49.3x | 1.6x |
| Fri, 11 Jul 2025 | ₹759.5b | ₹431.0b | ₹16.8b | 23.3x | 45.3x | 1.8x |
| Sun, 08 Jun 2025 | ₹744.8b | ₹427.0b | ₹16.5b | 19.4x | 45.2x | 1.7x |
| Tue, 06 May 2025 | ₹651.5b | ₹459.0b | ₹23.2b | 22.6x | 28x | 1.4x |
| Thu, 03 Apr 2025 | ₹664.0b | ₹457.8b | ₹23.6b | 24.8x | 28.2x | 1.5x |
| Sat, 01 Mar 2025 | ₹647.4b | ₹457.8b | ₹23.6b | 21.8x | 27.5x | 1.4x |
| Mon, 27 Jan 2025 | ₹714.3b | ₹458.6b | ₹28.7b | 23.6x | 24.9x | 1.6x |
| Wed, 25 Dec 2024 | ₹820.1b | ₹459.5b | ₹30.7b | 24.7x | 26.7x | 1.8x |
| Fri, 22 Nov 2024 | ₹774.8b | ₹458.7b | ₹30.5b | 27.2x | 25.4x | 1.7x |
| Sun, 20 Oct 2024 | ₹924.5b | ₹455.0b | ₹36.0b | 32x | 25.7x | 2x |
| Tue, 17 Sep 2024 | ₹891.7b | ₹455.0b | ₹36.0b | 33.4x | 24.8x | 2x |
| Thu, 15 Aug 2024 | ₹778.3b | ₹451.6b | ₹36.0b | 30.8x | 21.6x | 1.7x |
| Sat, 13 Jul 2024 | ₹801.2b | ₹451.3b | ₹43.2b | 27x | 18.5x | 1.8x |
| Mon, 10 Jun 2024 | ₹731.9b | ₹447.4b | ₹43.2b | 25.5x | 17x | 1.6x |
| Wed, 08 May 2024 | ₹691.8b | ₹461.2b | ₹48.4b | 20.6x | 14.3x | 1.5x |
| Fri, 05 Apr 2024 | ₹676.3b | ₹462.0b | ₹49.4b | 19.8x | 13.7x | 1.5x |
| Sun, 03 Mar 2024 | ₹677.8b | ₹462.0b | ₹49.4b | 19.6x | 13.7x | 1.5x |
| Tue, 30 Jan 2024 | ₹720.6b | ₹465.2b | ₹52.5b | 11.6x | 13.7x | 1.5x |
| Thu, 28 Dec 2023 | ₹677.1b | ₹466.0b | ₹53.0b | 9.3x | 12.8x | 1.5x |
| Sat, 25 Nov 2023 | ₹608.1b | ₹466.0b | ₹53.0b | 8.6x | 11.5x | 1.3x |
| Mon, 23 Oct 2023 | ₹619.8b | ₹473.8b | ₹55.9b | 8.6x | 11.1x | 1.3x |
| Wed, 20 Sep 2023 | ₹610.6b | ₹474.3b | ₹56.0b | 9.3x | 10.9x | 1.3x |
| Fri, 18 Aug 2023 | ₹563.9b | ₹474.3b | ₹56.0b | 8.2x | 10.1x | 1.2x |
| Sun, 16 Jul 2023 | ₹537.1b | ₹472.8b | ₹53.9b | 10.1x | 10x | 1.1x |
| Tue, 13 Jun 2023 | ₹508.1b | ₹472.8b | ₹53.9b | 9.7x | 9.4x | 1.1x |
Price to Earnings Ratio
9.4x
Current Industry PE
- Investors are optimistic on the Indian Forestry industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 29.8x which is higher than its 3-year average PE of 26.5x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have declined 35% per year over the last three years,
- Revenues have also declined 2.2% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | -0.83% | |
| Materials | -1.77% | |
| Paper and Forestry Products | 0.33% | |
| Forestry Products | 1.87% | |
| Paper Products | -1.44% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry which is trading above its 3-year average PE ratio of 54.0x.
- Analysts are expecting annual earnings growth of 35.5%, which is higher than its past year's earnings growth of 0.9% per year.
- Investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 20.2x.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 60% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 35% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GREENPLY Greenply Industries | ₹291.79 | 17.6% +₹5.5b | -5.1% | PE40.7x | |
| GREENPANEL Greenpanel Industries | ₹201.91 | 8.8% +₹2.0b | -25.8% | PS1.6x | |
| 500444 West Coast Paper Mills | ₹513.30 | 3.4% +₹1.1b | 3.5% | PE22.5x | |
| 512103 Nidhi Granites | ₹418.00 | 17.7% +₹504.0m | 140.2% | PE43.6x | |
| PDMJEPAPER Pudumjee Paper Products | ₹82.61 | 1.9% +₹148.1m | -28.6% | PE8.4x |