Calculating The Fair Value Of Gujarat Industries Power Company Limited (NSE:GIPCL)
Apr 03
Indian (NIFTY) Independent Power Producers and Energy Traders Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies11
- 7D-1.9%
- 3M17.1%
- 1Y148.5%
- YTDn/a
Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 1.9%, driven by a pullback from NTPC of 3.1%. Over the past 12 months, the industry was up 149%. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Indian Independent Power Producers and Energy Traders Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ₹7.5t | ₹2.8t | ₹454.5b | 17.9x | 16.5x | 2.6x |
| Sun, 17 Mar 2024 | ₹6.5t | ₹2.8t | ₹454.5b | 15.7x | 14.3x | 2.3x |
| Tue, 13 Feb 2024 | ₹6.7t | ₹2.8t | ₹483.7b | 14.3x | 13.9x | 2.4x |
| Thu, 11 Jan 2024 | ₹6.5t | ₹2.8t | ₹451.2b | 15.6x | 14.5x | 2.3x |
| Sat, 09 Dec 2023 | ₹6.1t | ₹2.8t | ₹451.2b | 13.8x | 13.5x | 2.2x |
| Mon, 06 Nov 2023 | ₹4.8t | ₹2.8t | ₹420.8b | 12.2x | 11.4x | 1.7x |
| Wed, 04 Oct 2023 | ₹4.9t | ₹2.7t | ₹337.9b | 13.9x | 14.6x | 1.8x |
| Fri, 01 Sep 2023 | ₹4.3t | ₹2.7t | ₹338.0b | 14.6x | 12.8x | 1.6x |
| Sun, 30 Jul 2023 | ₹3.8t | ₹2.7t | ₹292.0b | 12x | 13.2x | 1.4x |
| Tue, 27 Jun 2023 | ₹3.4t | ₹2.7t | ₹307.2b | 10.2x | 11.2x | 1.3x |
| Thu, 25 May 2023 | ₹3.3t | ₹2.7t | ₹307.4b | 9.6x | 10.8x | 1.2x |
| Sat, 22 Apr 2023 | ₹3.0t | ₹2.6t | ₹287.2b | 10.9x | 10.5x | 1.2x |
| Mon, 20 Mar 2023 | ₹3.1t | ₹2.6t | ₹287.3b | 11.3x | 10.8x | 1.2x |
| Wed, 15 Feb 2023 | ₹2.7t | ₹2.6t | ₹287.2b | 10.6x | 9.5x | 1.1x |
| Fri, 13 Jan 2023 | ₹3.3t | ₹2.4t | ₹295.9b | 10.5x | 11.2x | 1.4x |
| Sun, 11 Dec 2022 | ₹3.6t | ₹2.4t | ₹295.9b | 11.5x | 12.1x | 1.5x |
| Tue, 08 Nov 2022 | ₹3.9t | ₹2.4t | ₹289.5b | 16.4x | 13.4x | 1.6x |
| Thu, 06 Oct 2022 | ₹3.7t | ₹2.3t | ₹291.1b | 16.5x | 12.6x | 1.6x |
| Sat, 03 Sep 2022 | ₹4.0t | ₹2.3t | ₹291.1b | 18.8x | 13.7x | 1.7x |
| Mon, 01 Aug 2022 | ₹3.3t | ₹2.2t | ₹246.3b | 10.9x | 13.5x | 1.5x |
| Wed, 29 Jun 2022 | ₹3.0t | ₹2.1t | ₹249.4b | 10.4x | 11.9x | 1.4x |
| Fri, 27 May 2022 | ₹3.3t | ₹2.1t | ₹248.3b | 23.5x | 13.4x | 1.6x |
| Sun, 24 Apr 2022 | ₹3.4t | ₹2.0t | ₹181.6b | 33.9x | 18.7x | 1.7x |
| Tue, 22 Mar 2022 | ₹2.5t | ₹2.0t | ₹181.6b | 29.8x | 13.8x | 1.3x |
| Thu, 17 Feb 2022 | ₹2.6t | ₹2.0t | ₹181.6b | 32x | 14.2x | 1.3x |
| Sat, 15 Jan 2022 | ₹2.6t | ₹1.9t | ₹167.4b | 42.1x | 15.3x | 1.3x |
| Mon, 13 Dec 2021 | ₹2.4t | ₹1.9t | ₹167.4b | 25.7x | 14.2x | 1.2x |
| Wed, 10 Nov 2021 | ₹2.6t | ₹1.9t | ₹166.0b | 24.6x | 15.4x | 1.3x |
| Fri, 08 Oct 2021 | ₹2.7t | ₹1.9t | ₹190.8b | 26.6x | 14x | 1.4x |
| Sun, 05 Sep 2021 | ₹2.2t | ₹1.9t | ₹190.7b | 29.8x | 11.5x | 1.2x |
| Tue, 03 Aug 2021 | ₹2.2t | ₹1.9t | ₹190.7b | 28.4x | 11.3x | 1.1x |
| Fri, 07 May 2021 | ₹1.7t | ₹1.8t | ₹175.8b | 22.6x | 9.5x | 0.9x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are optimistic on the Indian Independent Power Producers and Energy Traders industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.5x which is higher than its 3-year average PE of 12.8x.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Independent Power Producers and Energy Traders industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Independent Power Producers and Energy Traders compare with similar industries?
| IN Market | -2.09% | |
| Utilities | -2.25% | |
| Renewable Energy | -2.70% | |
| Independent Power Producers and Energy Traders | -1.95% | |
| Renewable Energy | -4.08% | |
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 | |
|---|---|---|---|---|---|
| 533148 JSW Energy | ₹628.10 | 2.0% +₹21.2b | 142.1% | PE66.6x | |
| PTC PTC India | ₹210.30 | 5.1% +₹3.0b | 127.7% | PE12.3x | |
| RPOWER Reliance Power | ₹28.70 | 1.2% +₹1.3b | 137.2% | PS1.4x | |
| KKVAPOW KKV Agro Powers | ₹1.24k | 3.3% +₹22.7m | n/a | PE53.9x |