Parsvnath Developers Limited's (NSE:PARSVNATH) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Dec 17
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Indian (NIFTY) Real Estate Industry Analysis
UpdatedDec 20, 2024
DataAggregated Company Financials
Companies186
- 7D1.5%
- 3M0.9%
- 1Y47.7%
- YTD39.9%
The Real Estate industry is up 1.5% in the last week, with Oberoi Realty up 6.1%. In the last 12 months, the industry was up 48%. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Indian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹9.4t | ₹906.9b | ₹171.6b | 35x | 54.6x | 10.3x |
| Mon, 18 Nov 2024 | ₹8.3t | ₹901.5b | ₹169.5b | 34.6x | 49x | 9.2x |
| Wed, 16 Oct 2024 | ₹9.4t | ₹871.2b | ₹177.0b | 30.4x | 53.1x | 10.8x |
| Fri, 13 Sep 2024 | ₹9.0t | ₹851.4b | ₹172.5b | 30.3x | 52.1x | 10.6x |
| Sun, 11 Aug 2024 | ₹8.8t | ₹839.7b | ₹162.6b | 30.3x | 54x | 10.5x |
| Tue, 09 Jul 2024 | ₹9.3t | ₹719.1b | ₹135.5b | 33x | 68.4x | 12.9x |
| Thu, 06 Jun 2024 | ₹8.2t | ₹721.5b | ₹133.3b | 28.9x | 61.3x | 11.3x |
| Sat, 04 May 2024 | ₹8.1t | ₹664.3b | ₹123.9b | 32.5x | 65.1x | 12.1x |
| Mon, 01 Apr 2024 | ₹7.5t | ₹659.6b | ₹123.2b | 28.8x | 61.2x | 11.4x |
| Wed, 28 Feb 2024 | ₹7.8t | ₹659.4b | ₹123.4b | 31.4x | 63.1x | 11.8x |
| Fri, 26 Jan 2024 | ₹7.0t | ₹643.3b | ₹107.6b | 32.2x | 64.8x | 10.8x |
| Sun, 24 Dec 2023 | ₹6.4t | ₹643.2b | ₹107.9b | 27.2x | 58.9x | 9.9x |
| Tue, 21 Nov 2023 | ₹5.8t | ₹641.6b | ₹108.5b | 25x | 53.3x | 9x |
| Thu, 19 Oct 2023 | ₹5.1t | ₹586.8b | ₹81.8b | 31.5x | 61.8x | 8.6x |
| Sat, 16 Sep 2023 | ₹4.9t | ₹585.3b | ₹81.8b | 27.2x | 59.5x | 8.3x |
| Mon, 14 Aug 2023 | ₹4.4t | ₹587.0b | ₹58.5b | 26.9x | 75.2x | 7.5x |
| Wed, 12 Jul 2023 | ₹4.3t | ₹576.3b | ₹77.7b | 30x | 55.8x | 7.5x |
| Fri, 09 Jun 2023 | ₹4.1t | ₹578.9b | ₹77.8b | 27.3x | 52.6x | 7.1x |
| Sun, 07 May 2023 | ₹3.7t | ₹574.5b | ₹92.9b | 24.4x | 39.4x | 6.4x |
| Tue, 04 Apr 2023 | ₹3.2t | ₹564.7b | ₹90.0b | 22.4x | 35.8x | 5.7x |
| Thu, 02 Mar 2023 | ₹3.2t | ₹559.3b | ₹100.2b | 21.9x | 32.4x | 5.8x |
| Sat, 28 Jan 2023 | ₹3.4t | ₹531.6b | ₹103.1b | 23.9x | 32.9x | 6.4x |
| Mon, 26 Dec 2022 | ₹3.3t | ₹537.1b | ₹89.7b | 24x | 37.1x | 6.2x |
| Wed, 23 Nov 2022 | ₹3.5t | ₹523.0b | ₹87.5b | 24.5x | 39.7x | 6.6x |
| Fri, 21 Oct 2022 | ₹3.4t | ₹520.9b | ₹82.4b | 26.6x | 41.7x | 6.6x |
| Sun, 18 Sep 2022 | ₹3.6t | ₹515.9b | ₹80.1b | 26.3x | 45.1x | 7x |
| Tue, 16 Aug 2022 | ₹3.5t | ₹507.5b | ₹74.3b | 25x | 47.2x | 6.9x |
| Thu, 14 Jul 2022 | ₹3.3t | ₹476.3b | ₹56.9b | 28.2x | 58.5x | 7x |
| Sat, 11 Jun 2022 | ₹3.2t | ₹474.6b | ₹46.7b | 27.3x | 69.5x | 6.8x |
| Mon, 09 May 2022 | ₹3.2t | ₹452.3b | ₹65.2b | 27.7x | 49.3x | 7.1x |
| Wed, 06 Apr 2022 | ₹3.7t | ₹433.4b | ₹56.7b | 28.2x | 66.1x | 8.6x |
| Fri, 04 Mar 2022 | ₹3.4t | ₹433.6b | ₹56.7b | 28.4x | 59.8x | 7.8x |
| Sun, 30 Jan 2022 | ₹3.7t | ₹427.7b | ₹56.1b | 35.3x | 66.7x | 8.7x |
| Tue, 28 Dec 2021 | ₹3.8t | ₹425.7b | ₹56.4b | 27.9x | 66.8x | 8.8x |
Price to Earnings Ratio
66.8x
Current Industry PE
- Investors are relatively neutral on the Indian Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 54.3x.
- The 3-year average PS ratio of 8.7x is lower than the industry's current PS ratio of 10.7x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Real Estate industry?
| IN Market | -2.05% | |
| Real Estate | 1.26% | |
| Real Estate | 1.46% | |
| Real Estate Services | 8.85% | |
| Real Estate Development | 3.38% | |
| Diversified Real Estate | -1.59% | |
| Real Estate Operating Companies | -2.70% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry even though it's trading below its 3-year average PE ratio of 70.9x.
- Analysts are expecting annual earnings growth of 19.8%, which is lower than the prior year's growth of 35.6% per year.
- Investors are most pessimistic about the Real Estate Operating Companies industry, which is trading close to its 3-year average of 30.3x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the Diversified Real Estate industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| OBEROIRLTY Oberoi Realty | ₹2.25k | 6.1% +₹47.3b | 59.8% | PE35.2x | |
| 515055 Anant Raj | ₹845.80 | 11.4% +₹29.7b | 178.9% | PE82.2x | |
| PRESTIGE Prestige Estates Projects | ₹1.79k | 2.3% +₹17.2b | 61.0% | PE113.5x | |
| 533160 Valor Estate | ₹181.20 | 5.6% +₹5.1b | -5.5% | PE29.6x | |
| SIGNATURE Signatureglobal (India) | ₹1.26k | 1.6% +₹2.7b | 53.7% | PE325.8x |
