Narrative Update • Jul 02
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- 7D-0.4%
- 3M27.7%
- 1Y37.1%
- YTD46.4%
The Communications industry has been flat over the last week, but Avantel has lost 5.1%. As for the the longer term, the industry is up 37% over the past 12 months. Earnings are forecast to grow by 42% annually.
Industry Valuation and Performance
Has the Indian Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jul 2026 | ₹930.4b | ₹151.7b | -₹299,033,000.00 | 53.5x | -3111.5x | 6.1x |
| Fri, 19 Jun 2026 | ₹1.0t | ₹151.5b | -₹14,148,000.00 | 58x | -72331.2x | 6.8x |
| Sun, 17 May 2026 | ₹782.7b | ₹156.9b | -₹4,565,382,000.00 | 64.7x | -171.5x | 5x |
| Tue, 14 Apr 2026 | ₹679.8b | ₹168.5b | -₹3,743,448,000.00 | 56.2x | -181.6x | 4x |
| Thu, 12 Mar 2026 | ₹620.6b | ₹168.5b | -₹3,743,448,000.00 | 53.8x | -165.8x | 3.7x |
| Sat, 07 Feb 2026 | ₹593.1b | ₹176.7b | -₹3,500,214,000.00 | 33.5x | -169.5x | 3.4x |
| Mon, 05 Jan 2026 | ₹634.0b | ₹197.0b | ₹315.4m | 48.3x | 2010.2x | 3.2x |
| Wed, 03 Dec 2025 | ₹637.3b | ₹195.5b | ₹201.1m | 39.3x | 3168.7x | 3.3x |
| Fri, 31 Oct 2025 | ₹692.1b | ₹201.7b | -₹797,343,000.00 | 51.7x | -868x | 3.4x |
| Sun, 28 Sep 2025 | ₹676.0b | ₹227.5b | ₹5.2b | 59.4x | 130.3x | 3x |
| Tue, 26 Aug 2025 | ₹663.0b | ₹227.4b | ₹5.2b | 48.1x | 128.2x | 2.9x |
| Thu, 24 Jul 2025 | ₹672.7b | ₹224.8b | ₹3.9b | 23.2x | 171.2x | 3x |
| Sat, 21 Jun 2025 | ₹694.3b | ₹238.3b | ₹6.4b | 22.8x | 109x | 2.9x |
| Mon, 19 May 2025 | ₹638.8b | ₹234.4b | ₹3.5b | 27.1x | 183.7x | 2.7x |
| Wed, 16 Apr 2025 | ₹602.2b | ₹238.7b | ₹4.9b | 35.7x | 121.8x | 2.5x |
| Fri, 14 Mar 2025 | ₹541.8b | ₹238.7b | ₹4.9b | 33.4x | 109.6x | 2.3x |
| Sun, 09 Feb 2025 | ₹672.1b | ₹231.4b | ₹4.7b | 43.5x | 143x | 2.9x |
| Tue, 07 Jan 2025 | ₹970.9b | ₹210.7b | ₹2.2b | 37x | 436.6x | 4.6x |
| Thu, 05 Dec 2024 | ₹776.7b | ₹210.7b | ₹2.2b | 37.6x | 348.8x | 3.7x |
| Sat, 02 Nov 2024 | ₹716.5b | ₹202.5b | ₹1.7b | 43.5x | 431.5x | 3.5x |
| Mon, 30 Sep 2024 | ₹736.2b | ₹177.5b | -₹559,479,000.00 | 38.9x | -1315.8x | 4.1x |
| Wed, 28 Aug 2024 | ₹814.6b | ₹177.5b | -₹559,478,000.00 | 36.7x | -1456x | 4.6x |
| Fri, 26 Jul 2024 | ₹809.8b | ₹177.1b | ₹423.9m | 43.8x | 1910.3x | 4.6x |
| Sun, 23 Jun 2024 | ₹818.8b | ₹164.7b | -₹580,541,000.00 | 42x | -1410.4x | 5x |
| Tue, 21 May 2024 | ₹746.9b | ₹165.1b | ₹1.2b | 43.2x | 617.9x | 4.5x |
| Thu, 18 Apr 2024 | ₹613.8b | ₹164.0b | ₹1.1b | 47x | 535.1x | 3.7x |
| Sat, 16 Mar 2024 | ₹565.5b | ₹164.0b | ₹1.1b | 39.4x | 492.9x | 3.4x |
| Mon, 12 Feb 2024 | ₹659.3b | ₹164.0b | ₹1.2b | 51.1x | 537.3x | 4x |
| Wed, 10 Jan 2024 | ₹656.1b | ₹161.2b | ₹2.2b | 23.2x | 303.8x | 4.1x |
| Fri, 08 Dec 2023 | ₹645.4b | ₹161.2b | ₹2.2b | 23.1x | 298.9x | 4x |
| Sun, 05 Nov 2023 | ₹598.6b | ₹157.7b | ₹2.0b | 24.2x | 305.6x | 3.8x |
| Tue, 03 Oct 2023 | ₹538.2b | ₹158.0b | ₹2.5b | 24.5x | 217.8x | 3.4x |
| Thu, 31 Aug 2023 | ₹447.9b | ₹158.0b | ₹2.4b | 26.1x | 182.9x | 2.8x |
| Sat, 29 Jul 2023 | ₹422.1b | ₹152.5b | ₹2.3b | 31x | 179.8x | 2.8x |
Price to Earnings Ratio
179.8x
Current Industry PE
- Investors are optimistic on the Indian Communications industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 3.7x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
- Total earnings for the Communications industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Indian Tech industry?
| IN Market | 0.77% | |
| Tech | 0.24% | |
| Communications | -0.43% | |
| Communications Equipment | -0.43% | |
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 | |
|---|---|---|---|---|---|
| 532374 Sterlite Technologies | ₹552.95 | 3.0% +₹8.0b | 368.8% | PE482x | |
| 504112 Nelco | ₹934.35 | 8.3% +₹1.6b | 7.9% | PE552.3x | |
| 532493 Astra Microwave Products | ₹1.76k | 0.5% +₹872.6m | 77.7% | PE88.3x | |
| FROG Frog Cellsat | ₹203.40 | 21.4% +₹558.4m | -18.6% | PS3x | |
| SMARTLINK Smartlink Holdings | ₹214.46 | 9.3% +₹182.7m | 40.8% | PE16.3x |