Has the Kenyan Food Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||KSh18.7b||KSh31.4b||KSh595.5m||61.1x|
|Sat, 30 Oct 2021||KSh18.8b||KSh31.4b||KSh595.5m||66.5x|
|Mon, 27 Sep 2021||KSh18.9b||KSh31.4b||KSh595.5m||66.5x|
|Wed, 25 Aug 2021||KSh19.9b||KSh32.1b||-KSh14,119,121,076.00||51.8x|
|Thu, 01 Jul 2021||KSh19.1b||KSh32.1b||-KSh14,119,121,076.00||44.5x|
|Sun, 04 Apr 2021||KSh18.3b||KSh32.1b||-KSh14,080,046,576.00||47.1x|
|Wed, 06 Jan 2021||KSh18.7b||KSh31.2b||-KSh13,831,132,076.00||31.4x|
|Sat, 10 Oct 2020||KSh19.2b||KSh31.0b||-KSh13,839,033,576.00||32.8x|
|Fri, 03 Jul 2020||KSh17.4b||KSh30.4b||-KSh13,884,539,076.00||26.1x|
|Mon, 06 Apr 2020||KSh16.2b||KSh30.2b||-KSh13,905,229,576.00||17.5x|
|Thu, 09 Jan 2020||KSh18.2b||KSh30.7b||-KSh14,274,767,076.00||19.2x|
|Wed, 02 Oct 2019||KSh19.7b||KSh30.0b||-KSh14,446,421,361.00||14.8x|
|Sat, 06 Jul 2019||KSh18.5b||KSh29.9b||-KSh14,363,614,361.00||15.1x|
|Tue, 09 Apr 2019||KSh17.9b||KSh30.1b||-KSh14,157,610,123.00||18.8x|
|Mon, 31 Dec 2018||KSh19.5b||KSh30.5b||-KSh13,289,946,886.00||16.5x|
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 61.1x which is higher than its 3-year average PE of 28.4x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: Total earnings for the Food industry have gone up over the last three years, and the industry is now profitable. Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Which industries have driven the changes within the Kenyan Food industry?
|Packaged Foods and Meats||0.53%|
Industry PE: Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 121x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Agricultural Products industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 17.3x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Which companies have driven the market over the last 7 days?