Sri Lankan (CSE) Textiles Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies4
- 7D-0.7%
- 3M5.8%
- 1Y23.8%
- YTDn/a
In the last week, Textiles has been flat. As for the the longer term, the industry is up 24% over the past 12 months. Looking forward, earnings are forecast to grow by 66% annually.
Industry Valuation and Performance
Has the Sri Lankan Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | LK₨51.0b | LK₨135.4b | LK₨5.5b | 8.5x | 9.3x | 0.4x |
| Sat, 23 Mar 2024 | LK₨51.4b | LK₨136.3b | LK₨5.5b | 8.5x | 9.3x | 0.4x |
| Mon, 19 Feb 2024 | LK₨48.6b | LK₨137.8b | LK₨5.6b | 8x | 8.7x | 0.4x |
| Wed, 17 Jan 2024 | LK₨49.6b | LK₨146.1b | LK₨2.5b | 34.2x | 20.2x | 0.3x |
| Fri, 15 Dec 2023 | LK₨48.1b | LK₨146.9b | LK₨2.5b | 36.1x | 19.5x | 0.3x |
| Sun, 12 Nov 2023 | LK₨48.8b | LK₨147.1b | LK₨2.5b | 36.9x | 19.8x | 0.3x |
| Tue, 10 Oct 2023 | LK₨49.7b | LK₨154.7b | LK₨1.3b | 13.7x | 37.7x | 0.3x |
| Thu, 07 Sep 2023 | LK₨51.9b | LK₨154.4b | LK₨1.3b | 14.7x | 39.3x | 0.3x |
| Sat, 05 Aug 2023 | LK₨47.2b | LK₨163.6b | LK₨3.4b | 5.2x | 13.7x | 0.3x |
| Mon, 03 Jul 2023 | LK₨37.9b | LK₨160.4b | LK₨3.9b | 7.4x | 9.7x | 0.2x |
| Wed, 31 May 2023 | LK₨36.6b | LK₨155.1b | LK₨3.7b | 4.2x | 9.8x | 0.2x |
| Fri, 28 Apr 2023 | LK₨41.1b | LK₨155.5b | LK₨4.6b | 4.6x | 8.9x | 0.3x |
| Sun, 26 Mar 2023 | LK₨39.5b | LK₨155.7b | LK₨4.6b | 4.8x | 8.6x | 0.3x |
| Tue, 21 Feb 2023 | LK₨42.5b | LK₨162.6b | LK₨5.0b | 5x | 8.6x | 0.3x |
| Thu, 19 Jan 2023 | LK₨37.4b | LK₨157.3b | LK₨9.1b | 3.3x | 4.1x | 0.2x |
| Sat, 17 Dec 2022 | LK₨39.5b | LK₨157.6b | LK₨9.1b | 3.4x | 4.3x | 0.3x |
| Mon, 14 Nov 2022 | LK₨40.9b | LK₨157.3b | LK₨12.2b | 3.1x | 3.4x | 0.3x |
| Wed, 12 Oct 2022 | LK₨44.7b | LK₨143.2b | LK₨11.9b | 3.6x | 3.8x | 0.3x |
| Fri, 09 Sep 2022 | LK₨53.9b | LK₨142.5b | LK₨11.8b | 4.1x | 4.6x | 0.4x |
| Sun, 07 Aug 2022 | LK₨56.7b | LK₨126.8b | LK₨10.7b | 5.8x | 5.3x | 0.4x |
| Tue, 05 Jul 2022 | LK₨46.6b | LK₨122.1b | LK₨9.6b | 5.4x | 4.9x | 0.4x |
| Thu, 02 Jun 2022 | LK₨47.8b | LK₨129.2b | LK₨8.1b | 7.2x | 5.9x | 0.4x |
| Sat, 30 Apr 2022 | LK₨46.0b | LK₨116.3b | LK₨5.5b | 7.5x | 8.3x | 0.4x |
| Mon, 28 Mar 2022 | LK₨51.5b | LK₨108.7b | LK₨5.2b | 9.4x | 10x | 0.5x |
| Wed, 23 Feb 2022 | LK₨52.6b | LK₨97.2b | LK₨4.6b | 11x | 11.4x | 0.5x |
| Fri, 21 Jan 2022 | LK₨65.6b | LK₨86.2b | LK₨4.0b | 15.7x | 16.4x | 0.8x |
| Sun, 19 Dec 2021 | LK₨76.8b | LK₨106.1b | LK₨3.9b | 14x | 19.5x | 0.7x |
| Tue, 16 Nov 2021 | LK₨70.5b | LK₨106.3b | LK₨3.9b | 12.5x | 17.9x | 0.7x |
| Thu, 14 Oct 2021 | LK₨65.6b | LK₨92.4b | LK₨5.5b | 12.2x | 12x | 0.7x |
| Sat, 11 Sep 2021 | LK₨68.5b | LK₨92.3b | LK₨5.5b | 12x | 12.5x | 0.7x |
| Mon, 09 Aug 2021 | LK₨59.6b | LK₨92.3b | LK₨5.5b | 12.1x | 10.9x | 0.6x |
| Sun, 02 May 2021 | LK₨45.2b | LK₨84.2b | LK₨866.9m | 9.5x | 52.1x | 0.5x |
Price to Earnings Ratio
52.1x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Textiles industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.2x which is lower than its 3-year average PE of 14.7x.
- The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
- The earnings for companies in the Textiles industry have grown 85% per year over the last three years.
- Revenues for these companies have grown 17% 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 Sri Lankan Textiles compare with similar industries?
| LK Market | 2.08% | |
| Consumer Discretionary | 0.48% | |
| Luxury | -0.39% | |
| Textiles | -0.72% | |
| Apparel, Accessories and Luxury Goods | 1.68% | |
| Footwear | 0% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||