Header cover image

South African (JSE) Apparel Retail Industry Analysis

UpdatedMay 25, 2023
DataAggregated Company Financials
  • 7D2.1%
  • 3M-17.1%
  • 1Y-27.6%
  • YTD-19.7%

In the last week, Apparel Retail has been flat. As for the longer term, the industry has declined 26% in the last year. As for the next few years, earnings are expected to grow by 4.6% per annum.

Industry Valuation and Performance

Has the South African Apparel Retail Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 May 2023R137.4bR178.4bR16.3b7x8.4x0.8x
Sun, 23 Apr 2023R152.4bR178.4bR16.3b7.8x9.4x0.9x
Tue, 21 Mar 2023R145.6bR178.2bR16.2b7.5x9x0.8x
Thu, 16 Feb 2023R172.5bR177.0bR16.1b9x10.7x1x
Sat, 14 Jan 2023R177.1bR177.0bR16.1b8.9x11x1x
Mon, 12 Dec 2022R171.7bR177.0bR16.1b8.4x10.7x1x
Wed, 09 Nov 2022R192.4bR169.0bR15.0b10x12.8x1.1x
Fri, 07 Oct 2022R180.2bR168.9bR15.0b10.8x12x1.1x
Sun, 04 Sep 2022R189.9bR167.6bR14.4b11.3x13.2x1.1x
Tue, 02 Aug 2022R180.5bR167.6bR14.4b10.8x12.6x1.1x
Thu, 30 Jun 2022R180.1bR167.6bR14.4b10.7x12.5x1.1x
Sat, 28 May 2022R195.1bR160.3bR9.2b8.3x21.3x1.2x
Mon, 25 Apr 2022R204.5bR160.3bR9.2b8.6x22.3x1.3x
Wed, 23 Mar 2022R203.5bR160.2bR9.1b17.1x22.3x1.3x
Fri, 18 Feb 2022R212.6bR159.9bR8.6b17.5x24.6x1.3x
Sun, 16 Jan 2022R202.6bR159.9bR8.6b17.4x23.4x1.3x
Tue, 14 Dec 2021R191.4bR159.9bR8.6b13.8x22.3x1.2x
Thu, 11 Nov 2021R209.1bR139.2bR883.7m10.6x236.6x1.5x
Sat, 09 Oct 2021R198.1bR139.2bR770.2m15.1x257.1x1.4x
Mon, 06 Sep 2021R206.2bR139.2bR770.2m15.8x267.7x1.5x
Wed, 04 Aug 2021R208.1bR139.2bR770.2m16.8x270.2x1.5x
Sat, 08 May 2021R163.5bR138.7b-R612,801,000.0026x-266.9x1.2x
Tue, 09 Feb 2021R151.5bR135.2b-R908,301,000.0017.8x-166.8x1.1x
Mon, 02 Nov 2020R117.4bR132.7bR307.7m15.5x381.4x0.9x
Thu, 06 Aug 2020R100.3bR132.5bR4.0b13x25.1x0.8x
Price to Earnings Ratio


Total Market Cap: R103.3bTotal Earnings: R8.1bTotal Revenue: R136.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Apparel Retail Industry Price to Earnings3Y Average 42.8x202120222023
Current Industry PE
  • Investors are pessimistic on the South African Apparel Retail 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 8.4x which is lower than its 3-year average PE of 42.8x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Apparel Retail industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 9.3% 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 South African Apparel Retail compare with similar industries?

ZA Market-1.19%
Consumer Discretionary-4.27%
Specialty Stores2.24%
Apparel Retail2.07%
Home Furnishing Retail2.98%
Automotive Retail2.89%
Home Improvement Retail2.32%
Computer and Electronics Retail0%
Specialty Stores0%
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?

CompanyLast Price7D1YValuation
TFG Foschini GroupR85.572.5%
TRU Truworths InternationalR49.201.9%
PPH Pepkor HoldingsR15.310.3%
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News



Pepkor Holdings







Truworths International







Foschini Group







Mr Price Group