Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)
Oct 28
Indian (NIFTY) Research and Consulting Services Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies27
- 7D-3.3%
- 3M3.9%
- 1Y19.9%
- YTD17.2%
Over the last 7 days, the Research and Consulting Services industry has dropped 3.3%, driven by L&T Technology Services declining 0.8%. In contrast, eMudhra has gained 6.7%. Over the past 12 months, the industry was up 20%. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Indian Research and Consulting Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹692.4b | ₹124.0b | ₹19.8b | 36.2x | 34.9x | 5.6x |
| Wed, 27 Sep 2023 | ₹756.5b | ₹122.6b | ₹19.7b | 41x | 38.4x | 6.2x |
| Fri, 25 Aug 2023 | ₹722.1b | ₹122.5b | ₹19.7b | 38.5x | 36.7x | 5.9x |
| Sun, 23 Jul 2023 | ₹668.0b | ₹122.4b | ₹19.9b | 40.9x | 33.5x | 5.5x |
| Tue, 20 Jun 2023 | ₹625.6b | ₹119.4b | ₹19.6b | 40.8x | 32x | 5.2x |
| Thu, 18 May 2023 | ₹607.5b | ₹120.1b | ₹19.5b | 38.6x | 31.1x | 5.1x |
| Sat, 15 Apr 2023 | ₹564.2b | ₹115.1b | ₹19.0b | 33.2x | 29.7x | 4.9x |
| Mon, 13 Mar 2023 | ₹579.9b | ₹115.1b | ₹19.0b | 34.5x | 30.5x | 5x |
| Wed, 08 Feb 2023 | ₹548.8b | ₹116.0b | ₹19.0b | 32.4x | 28.9x | 4.7x |
| Fri, 06 Jan 2023 | ₹576.4b | ₹111.2b | ₹18.3b | 40.8x | 31.4x | 5.2x |
| Sun, 04 Dec 2022 | ₹654.5b | ₹110.6b | ₹18.3b | 44.4x | 35.7x | 5.9x |
| Tue, 01 Nov 2022 | ₹581.4b | ₹111.5b | ₹18.6b | 43.1x | 31.3x | 5.2x |
| Thu, 29 Sep 2022 | ₹549.6b | ₹107.6b | ₹18.0b | 44.8x | 30.6x | 5.1x |
| Sat, 27 Aug 2022 | ₹569.6b | ₹107.5b | ₹18.0b | 44.2x | 31.7x | 5.3x |
| Mon, 25 Jul 2022 | ₹535.3b | ₹104.6b | ₹17.2b | 44.7x | 31.2x | 5.1x |
| Wed, 22 Jun 2022 | ₹460.9b | ₹99.5b | ₹16.2b | 41.6x | 28.5x | 4.6x |
| Fri, 20 May 2022 | ₹527.0b | ₹97.1b | ₹16.1b | 25x | 32.7x | 5.4x |
| Sun, 17 Apr 2022 | ₹659.7b | ₹94.5b | ₹15.4b | 35.3x | 42.9x | 7x |
| Tue, 15 Mar 2022 | ₹690.1b | ₹94.5b | ₹15.4b | 37.1x | 44.9x | 7.3x |
| Thu, 10 Feb 2022 | ₹660.4b | ₹91.0b | ₹14.8b | 39x | 44.8x | 7.3x |
| Sat, 08 Jan 2022 | ₹791.2b | ₹88.2b | ₹14.1b | 24.5x | 56x | 9x |
| Mon, 06 Dec 2021 | ₹780.2b | ₹88.2b | ₹14.1b | 19.3x | 55.2x | 8.8x |
| Wed, 03 Nov 2021 | ₹602.0b | ₹81.5b | ₹12.7b | 31.6x | 47.2x | 7.4x |
| Fri, 01 Oct 2021 | ₹577.0b | ₹78.5b | ₹12.1b | 30.6x | 47.7x | 7.4x |
| Sun, 29 Aug 2021 | ₹488.7b | ₹79.1b | ₹12.0b | 30.8x | 40.6x | 6.2x |
| Mon, 05 Jul 2021 | ₹389.1b | ₹79.1b | ₹12.0b | 29.7x | 32.4x | 4.9x |
| Thu, 08 Apr 2021 | ₹353.1b | ₹76.7b | ₹10.9b | 25.9x | 32.3x | 4.6x |
| Sun, 10 Jan 2021 | ₹326.0b | ₹76.5b | ₹10.9b | 23.2x | 29.8x | 4.3x |
Price to Earnings Ratio
20.6x
Current Industry PE
- Investors are relatively neutral on the Indian Research and Consulting Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 34.9x.
- The industry is trading close to its 3-year average PS ratio of 5.5x.
Past Earnings Growth
- The earnings for companies in the Research and Consulting Services industry have grown 20% 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 Indian Research and Consulting Services compare with similar industries?
| IN Market | -2.60% | |
| Industrials | -3.30% | |
| Professional Services | -3.89% | |
| Research and Consulting Services | -3.33% | |
| HR Services | -2.91% | |
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 | |
|---|---|---|---|---|---|
| EMUDHRA eMudhra | ₹451.95 | 6.7% +₹2.1b | 41.5% | PE53.5x | |
| LATENTVIEW Latent View Analytics | ₹414.25 | 1.1% +₹901.6m | 5.5% | PE55.3x | |
| REPL Rudrabhishek Enterprises | ₹220.30 | 11.9% +₹405.8m | 31.4% | PE31.7x | |
| 543713 DroneAcharya Aerial Innovations | ₹188.65 | 2.7% +₹118.7m | n/a | PE132.3x | |
| 538539 J. Taparia Projects | ₹70.40 | 8.2% +₹86.7m | 1,046.6% | n/a |