Analysis Article • Jul 28
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- 7D1.0%
- 3M-1.4%
- 1Y-8.6%
- YTD-2.0%
Over the last 7 days, the Paper and Forestry Products industry has risen 3.0%, driven by gains in JK Paper and West Coast Paper Mills of 5.2% and 9.7%, respectively. In the same time, Greenply Industries was down 13%. In the past year, the industry is down 6.5%. 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 |
|---|---|---|---|---|---|---|
| Wed, 29 Jul 2026 | ₹465.4b | ₹447.1b | ₹16.0b | 21.6x | 29.1x | 1x |
| Fri, 26 Jun 2026 | ₹443.3b | ₹441.5b | ₹14.9b | 21.8x | 29.7x | 1x |
| Sun, 24 May 2026 | ₹448.8b | ₹439.8b | ₹14.8b | 27.8x | 30.3x | 1x |
| Tue, 21 Apr 2026 | ₹444.2b | ₹429.0b | ₹12.7b | 27.7x | 35x | 1x |
| Thu, 19 Mar 2026 | ₹409.7b | ₹429.0b | ₹12.7b | 25.9x | 32.2x | 1x |
| Sat, 14 Feb 2026 | ₹463.7b | ₹427.8b | ₹12.3b | 33.6x | 37.6x | 1.1x |
| Mon, 12 Jan 2026 | ₹466.4b | ₹422.3b | ₹12.8b | 35x | 36.3x | 1.1x |
| Wed, 10 Dec 2025 | ₹463.2b | ₹423.4b | ₹13.0b | 30.4x | 35.7x | 1.1x |
| Fri, 07 Nov 2025 | ₹672.2b | ₹427.9b | ₹12.8b | 28.7x | 52.7x | 1.6x |
| Sun, 05 Oct 2025 | ₹684.7b | ₹428.3b | ₹14.0b | 26.8x | 48.8x | 1.6x |
| Tue, 02 Sep 2025 | ₹683.5b | ₹428.1b | ₹14.0b | 23.2x | 48.8x | 1.6x |
| Thu, 31 Jul 2025 | ₹724.3b | ₹429.2b | ₹15.2b | 26.1x | 47.8x | 1.7x |
| Sat, 28 Jun 2025 | ₹753.5b | ₹426.5b | ₹16.4b | 22.1x | 46x | 1.8x |
| Mon, 26 May 2025 | ₹720.7b | ₹425.8b | ₹16.6b | 23.7x | 43.4x | 1.7x |
| Wed, 23 Apr 2025 | ₹679.5b | ₹457.8b | ₹23.6b | 23x | 28.8x | 1.5x |
| Fri, 21 Mar 2025 | ₹656.9b | ₹457.8b | ₹23.6b | 25.3x | 27.9x | 1.4x |
| Sun, 16 Feb 2025 | ₹701.8b | ₹459.2b | ₹23.7b | 25x | 29.6x | 1.5x |
| Tue, 14 Jan 2025 | ₹707.3b | ₹459.5b | ₹30.7b | 22.5x | 23.1x | 1.5x |
| Thu, 12 Dec 2024 | ₹875.2b | ₹459.5b | ₹30.7b | 24.7x | 28.5x | 1.9x |
| Sat, 09 Nov 2024 | ₹859.5b | ₹458.3b | ₹33.5b | 39.5x | 25.6x | 1.9x |
| Mon, 07 Oct 2024 | ₹886.1b | ₹455.0b | ₹36.0b | 32.1x | 24.6x | 1.9x |
| Wed, 04 Sep 2024 | ₹828.6b | ₹451.8b | ₹36.0b | 33.5x | 23x | 1.8x |
| Fri, 02 Aug 2024 | ₹811.7b | ₹457.1b | ₹41.1b | 27x | 19.7x | 1.8x |
| Sun, 30 Jun 2024 | ₹818.6b | ₹449.2b | ₹43.2b | 27.7x | 19x | 1.8x |
| Tue, 28 May 2024 | ₹729.1b | ₹451.9b | ₹45.5b | 20.5x | 16x | 1.6x |
| Thu, 25 Apr 2024 | ₹691.2b | ₹462.0b | ₹49.4b | 19x | 14x | 1.5x |
| Sat, 23 Mar 2024 | ₹626.3b | ₹462.0b | ₹49.4b | 18.1x | 12.7x | 1.4x |
| Mon, 19 Feb 2024 | ₹680.2b | ₹462.0b | ₹49.4b | 19.7x | 13.8x | 1.5x |
| Wed, 17 Jan 2024 | ₹711.8b | ₹466.0b | ₹53.0b | 11.2x | 13.4x | 1.5x |
| Fri, 15 Dec 2023 | ₹655.3b | ₹466.0b | ₹53.0b | 9x | 12.4x | 1.4x |
| Sun, 12 Nov 2023 | ₹606.1b | ₹466.3b | ₹52.9b | 9.9x | 11.5x | 1.3x |
| Tue, 10 Oct 2023 | ₹601.4b | ₹473.7b | ₹55.9b | 8.4x | 10.8x | 1.3x |
| Thu, 07 Sep 2023 | ₹632.1b | ₹474.3b | ₹56.0b | 9.6x | 11.3x | 1.3x |
| Sat, 05 Aug 2023 | ₹544.0b | ₹473.6b | ₹54.7b | 9.4x | 10x | 1.1x |
Price to Earnings Ratio
10x
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 30.5x which is higher than its 3-year average PE of 27.5x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have declined 34% per year over the last three years,
- Revenues have also declined 2.1% 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 | -1.12% | |
| Materials | -1.39% | |
| Paper and Forestry Products | 0.96% | |
| Paper Products | 5.17% | |
| Forestry Products | -2.53% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry which is trading above its 3-year average PE ratio of 56.1x.
- Analysts are expecting annual earnings growth of 35.5%, which is higher than its past year's earnings growth of 8.8% per year.
- Investors are most pessimistic about the Paper Products industry, which is trading close to its 3-year average of 20.8x.
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 13% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 36% 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 | |
|---|---|---|---|---|---|
| 500444 West Coast Paper Mills | ₹571.30 | 4.5% +₹1.6b | 7.3% | PE25.1x | |
| PDMJEPAPER Pudumjee Paper Products | ₹98.37 | 9.7% +₹824.2m | -15.3% | PE10x | |
| SESHAPAPER Seshasayee Paper and Boards | ₹233.36 | 5.8% +₹767.3m | -14.3% | PE14.2x | |
| TNPL Tamil Nadu Newsprint and Papers | ₹150.38 | 5.1% +₹503.2m | -6.0% | PE4.2x | |
| 502330 Andhra Paper | ₹62.09 | 2.5% +₹296.3m | -21.0% | PE66.3x |