Here's Why We Think Bajaj Finance (NSE:BAJFINANCE) Might Deserve Your Attention Today
May 24
Indian (NIFTY) Consumer Finance Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies84
- 7D-2.0%
- 3M1.6%
- 1Y9.5%
- YTD-1.9%
Over the last 7 days, the Consumer Finance industry has dropped 2.0%, driven by Bajaj Finance declining 2.0%. Meanwhile, Five-Star Business Finance actually outperformed within the industry, gaining 7.6% in the last week. Over the past 12 months, the industry was up 9.5%. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Indian Consumer Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | ₹10.0t | ₹1.4t | ₹466.7b | 19.8x | 21.5x | 7.1x |
| Wed, 01 May 2024 | ₹10.5t | ₹1.4t | ₹468.2b | 22.7x | 22.5x | 7.3x |
| Fri, 29 Mar 2024 | ₹10.3t | ₹1.4t | ₹451.5b | 21.3x | 22.7x | 7.3x |
| Sun, 25 Feb 2024 | ₹10.0t | ₹1.4t | ₹451.6b | 22.8x | 22.2x | 7.1x |
| Tue, 23 Jan 2024 | ₹10.7t | ₹1.4t | ₹449.4b | 22.5x | 23.8x | 7.5x |
| Thu, 21 Dec 2023 | ₹10.5t | ₹1.4t | ₹446.6b | 20.8x | 23.5x | 7.4x |
| Sat, 18 Nov 2023 | ₹10.1t | ₹1.4t | ₹444.7b | 20.2x | 22.7x | 7.2x |
| Mon, 16 Oct 2023 | ₹10.5t | ₹1.3t | ₹417.0b | 22x | 25.2x | 7.9x |
| Wed, 13 Sep 2023 | ₹10.0t | ₹1.3t | ₹416.8b | 21.2x | 24x | 7.5x |
| Fri, 11 Aug 2023 | ₹9.7t | ₹1.3t | ₹408.2b | 20.3x | 23.9x | 7.5x |
| Sun, 09 Jul 2023 | ₹9.9t | ₹1.3t | ₹383.6b | 23.4x | 25.7x | 7.8x |
| Tue, 06 Jun 2023 | ₹9.1t | ₹1.3t | ₹383.3b | 22.5x | 23.8x | 7.2x |
| Thu, 04 May 2023 | ₹8.0t | ₹1.2t | ₹370.2b | 21.6x | 21.7x | 6.6x |
| Sat, 01 Apr 2023 | ₹7.4t | ₹1.2t | ₹359.9b | 22.9x | 20.6x | 6.1x |
| Mon, 27 Feb 2023 | ₹7.8t | ₹1.2t | ₹359.9b | 25.1x | 21.8x | 6.5x |
| Wed, 25 Jan 2023 | ₹7.6t | ₹1.1t | ₹323.3b | 28.6x | 23.6x | 6.8x |
| Fri, 23 Dec 2022 | ₹8.0t | ₹1.1t | ₹322.2b | 27.8x | 24.9x | 7.2x |
| Sun, 20 Nov 2022 | ₹7.9t | ₹1.1t | ₹315.7b | 25.6x | 24.9x | 7.2x |
| Tue, 18 Oct 2022 | ₹8.1t | ₹987.0b | ₹298.2b | 28.6x | 27.3x | 8.2x |
| Thu, 15 Sep 2022 | ₹8.5t | ₹987.0b | ₹298.3b | 27.4x | 28.6x | 8.6x |
| Sat, 13 Aug 2022 | ₹8.4t | ₹987.7b | ₹299.3b | 20.9x | 27.9x | 8.5x |
| Mon, 11 Jul 2022 | ₹7.1t | ₹889.8b | ₹246.3b | 24.1x | 28.8x | 8x |
| Wed, 08 Jun 2022 | ₹6.9t | ₹788.5b | ₹235.1b | 24.7x | 29.4x | 8.8x |
| Fri, 06 May 2022 | ₹7.4t | ₹823.1b | ₹223.0b | 31.9x | 33x | 8.9x |
| Sun, 03 Apr 2022 | ₹8.1t | ₹902.0b | ₹200.8b | 27.5x | 40.4x | 9x |
| Tue, 01 Mar 2022 | ₹7.6t | ₹904.8b | ₹200.8b | 23.3x | 37.9x | 8.4x |
| Thu, 27 Jan 2022 | ₹7.8t | ₹862.0b | ₹184.9b | 26.5x | 42x | 9x |
| Sat, 25 Dec 2021 | ₹7.6t | ₹837.8b | ₹175.0b | 21.4x | 43.4x | 9.1x |
| Mon, 22 Nov 2021 | ₹8.5t | ₹838.1b | ₹175.0b | 21.4x | 48.3x | 10.1x |
| Wed, 20 Oct 2021 | ₹8.7t | ₹805.5b | ₹160.5b | 22x | 53.9x | 10.7x |
| Fri, 17 Sep 2021 | ₹8.4t | ₹805.5b | ₹160.5b | 18.3x | 52.4x | 10.4x |
| Sun, 15 Aug 2021 | ₹7.4t | ₹806.4b | ₹160.4b | 19.2x | 46.2x | 9.2x |
| Thu, 10 Jun 2021 | ₹7.0t | ₹798.3b | ₹185.4b | 19.3x | 37.8x | 8.8x |
Price to Earnings Ratio
37.8x
Current Industry PE
- Investors are pessimistic on the Indian Consumer Finance 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 21.5x which is lower than its 3-year average PE of 30.2x.
- The 3-year average PS ratio of 8.0x is higher than the industry's current PS ratio of 7.1x.
Past Earnings Growth
- The earnings for companies in the Consumer Finance industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Financials industry?
| IN Market | -1.89% | |
| Financials | -1.13% | |
| Consumer Finance | -1.96% | |
| Consumer Finance | -1.96% | |
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 | |
|---|---|---|---|---|---|
| FIVESTAR Five-Star Business Finance | ₹757.05 | 7.6% +₹15.5b | 38.1% | PE26.5x | |
| UJJIVAN Ujjivan Financial Services | ₹574.45 | 1.8% +₹1.2b | 103.8% | PE8.5x | |
| 523384 Maha Rashtra Apex | ₹163.65 | 12.4% +₹254.4m | 61.2% | PS31.5x | |
| INDOSTAR IndoStar Capital Finance | ₹229.15 | 0.7% +₹204.1m | 50.7% | PE26.9x | |
| 532745 Inditrade Capital | ₹31.87 | 14.3% +₹92.7m | 13.2% | PS0.7x |
