Shareholders Will Probably Be Cautious Of Increasing Astron Paper & Board Mill Limited's (NSE:ASTRON) CEO Compensation At The Moment
Sep 23
Indian (NIFTY) Paper and Forestry Products Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies45
- 7D-2.8%
- 3M8.9%
- 1Y7.5%
- YTD19.7%
Over the last 7 days, the Paper and Forestry Products industry has dropped 2.8%, driven by Century Plyboards (India) declining 2.7%. This takes the industry's 12 month performance to a gain of 7.5%. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Indian Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹602.4b | ₹472.3b | ₹54.9b | 8.1x | 11x | 1.3x |
| Wed, 27 Sep 2023 | ₹609.4b | ₹474.3b | ₹56.0b | 9.5x | 10.9x | 1.3x |
| Fri, 25 Aug 2023 | ₹578.3b | ₹474.3b | ₹56.0b | 8.2x | 10.3x | 1.2x |
| Sun, 23 Jul 2023 | ₹543.5b | ₹472.0b | ₹53.4b | 10.3x | 10.2x | 1.2x |
| Tue, 20 Jun 2023 | ₹515.3b | ₹472.7b | ₹53.9b | 9.4x | 9.6x | 1.1x |
| Thu, 18 May 2023 | ₹512.7b | ₹463.4b | ₹49.3b | 8.6x | 10.4x | 1.1x |
| Sat, 15 Apr 2023 | ₹468.0b | ₹455.4b | ₹45.9b | 8.6x | 10.2x | 1x |
| Mon, 13 Mar 2023 | ₹461.3b | ₹454.5b | ₹45.8b | 8.4x | 10.1x | 1x |
| Wed, 08 Feb 2023 | ₹469.4b | ₹439.1b | ₹40.8b | 12x | 11.5x | 1.1x |
| Fri, 06 Jan 2023 | ₹495.9b | ₹431.1b | ₹37.7b | 11.5x | 13.1x | 1.2x |
| Sun, 04 Dec 2022 | ₹531.0b | ₹431.1b | ₹37.7b | 12.1x | 14.1x | 1.2x |
| Tue, 01 Nov 2022 | ₹558.1b | ₹406.4b | ₹30.9b | 15.8x | 18.1x | 1.4x |
| Thu, 29 Sep 2022 | ₹530.2b | ₹399.2b | ₹29.7b | 14.7x | 17.9x | 1.3x |
| Sat, 27 Aug 2022 | ₹568.5b | ₹397.5b | ₹29.7b | 15x | 19.2x | 1.4x |
| Mon, 25 Jul 2022 | ₹497.9b | ₹325.7b | ₹24.6b | 12.3x | 20.2x | 1.5x |
| Wed, 22 Jun 2022 | ₹440.8b | ₹351.2b | ₹23.1b | 11x | 19.1x | 1.3x |
| Fri, 20 May 2022 | ₹473.4b | ₹343.3b | ₹22.9b | 11.4x | 20.7x | 1.4x |
| Sun, 17 Apr 2022 | ₹553.4b | ₹330.1b | ₹21.2b | 12.3x | 26.1x | 1.7x |
| Tue, 15 Mar 2022 | ₹479.5b | ₹330.1b | ₹21.2b | 10.1x | 22.7x | 1.5x |
| Thu, 10 Feb 2022 | ₹488.2b | ₹315.2b | ₹19.3b | 13.8x | 25.4x | 1.5x |
| Sat, 08 Jan 2022 | ₹478.9b | ₹300.5b | ₹17.3b | 11.6x | 27.6x | 1.6x |
| Mon, 06 Dec 2021 | ₹451.2b | ₹300.5b | ₹17.3b | 11.2x | 26x | 1.5x |
| Wed, 03 Nov 2021 | ₹448.4b | ₹278.5b | ₹14.6b | n/a | 30.7x | 1.6x |
| Fri, 01 Oct 2021 | ₹426.7b | ₹265.6b | ₹12.6b | 15.2x | 33.8x | 1.6x |
| Sun, 29 Aug 2021 | ₹378.0b | ₹265.7b | ₹12.0b | 13.7x | 31.5x | 1.4x |
| Mon, 05 Jul 2021 | ₹367.0b | ₹265.7b | ₹12.0b | 13.2x | 30.6x | 1.4x |
| Thu, 08 Apr 2021 | ₹287.6b | ₹236.7b | ₹6.2b | 14.6x | 46.1x | 1.2x |
| Sun, 10 Jan 2021 | ₹234.9b | ₹222.8b | ₹4.5b | 15.9x | 52.6x | 1.1x |
Price to Earnings Ratio
23.2x
Current Industry PE
- Investors are pessimistic on the Indian Forestry 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 11.0x which is lower than its 3-year average PE of 26.4x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have grown 91% per year over the last three years.
- Revenues for these companies have grown 26% 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 Materials industry?
| IN Market | -2.60% | |
| Materials | -4.03% | |
| Paper and Forestry Products | -2.81% | |
| Forestry Products | -2.50% | |
| Paper Products | -2.97% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 46.6x.
- Analysts are expecting annual earnings growth of 17.5%, which is higher than its past year's earnings decline of 7.6% per year.
- Investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 19.6x.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 31% over the next 5 years.
- However this is lower than its past earnings growth rate of 77% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 500040 Century Textiles and Industries | ₹1.09k | 2.7% +₹3.2b | 27.6% | PE103.7x | |
| 500444 West Coast Paper Mills | ₹730.05 | 2.8% +₹1.3b | 19.8% | PE4.8x | |
| GREENPLY Greenply Industries | ₹162.00 | 3.6% +₹690.7m | -6.3% | PE27.9x | |
| TNPL Tamil Nadu Newsprint and Papers | ₹275.15 | 3.2% +₹591.8m | 3.2% | PE4.2x | |
| 516030 Pakka | ₹262.25 | 5.6% +₹544.4m | 133.7% | PE20x |