Duff & Phelps, the global advisor that enables clients to protect, restore and maximize value, launched the third edition of its Industry Multiples report for India.
This report relates to the quarter ended March 2018 and provides a detailed overview of the P/B, P/E, EV/ EBITDA and EV/Sales multiples of companies in over 22 major industries in the S&P BSE 500 Index.
Report highlights include:
- P/E multiples for all industries declined from December 31, 2017 to March 31, 2018, demonstrating market correction in the quarter ended March 31, 2018.
- The biggest decline in multiples was in the Independent Energy and Renewable Electricity segment where median P/E multiples decreased from 13.0x to 10.1x, and Household and Personal Products industry where median P/E multiples decreased from 46.6x to 36.7x.
- On the other hand, Internet Software and Services median P/E multiples increased marginally from 19.2x to 19.3x.
Please read the report for more detail on multiples trends for 22 major industries in India.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.