1 / 9With the share of Wealth Creating (WC) rising to 32 percent in 2019 from 19 percent in 2014, the financial sector led the pack (Rs 15,899 billion). The sector's price-to-equity (P/E) stood at 28x in FY19, compared to 15x in 2014. Return on equity (RoE) in 2019 declined to 12 percent from 17 percent in 2014. (Image: Reuters)
2 / 9The retail sector (Rs 8,813 billion) stood second-in-line, with WC share declining to 18 percent in 2019 from 20 percent in 2014. The sector's P/E jumped to 53x in 2019 from 36x in 2014. However, RoE declined to 29 percent from 33 percent in the last five years. (Image: Reuters)
3 / 9With only 6 oil and gas companies (Rs 7,800 billion) included in the study, the sector saw a stark jump in share of WC to 16 percent from 1 percent in 2014. The RoE of the sector also improved to 13 percent from 11 percent in 2014. Valuations rose to 16x in 2019 compared to 13x in 2014. (Image: Reuters)
4 / 9Technology (Rs 5,715 billion) was the 4th sector to report a decline in the share of WC to 12 percent from 24 percent in 2014. The sector's P/E rose marginally higher to 22x from 20x in 2014 while the RoE came in at 29 percent v/s 30 percent in 2014. (Image: Shutterstock)
5 / 9The highly affected sector this year was automobiles (Rs 3,216 billion). The share of WC slipped to 7 percent against 11 percent in 2014. The sector saw a rise in both P/E and RoE this year, to 28x from 25x in 2014, and 15 percent from 13 percent in 2014, respectively. (Image: Reuters)
6 / 9Healthcare sector (Rs 1,607 billion) also underperformed this year. The share of WC came down to 3 percent from 9 percent in 2014. The P/E rose to 31x compared to 23x in 2014. The sector's RoE in the last five years remained constant at 12 percent. (Image: Reuters)
7 / 9Metals/mining (Rs 1,083 billion) delivered a constant share of WC of 2 percent in 2019 as well as 2014. The P/E of the sector also remained constant at 12x while RoE saw an increase to 22 percent from 11 percent in 2014. (Image: Reuters)
8 / 9Cement sector (Rs 1,074 billion) saw a decline in WC share to 2 percent from 4 percent in 2014. In the last five years, the sector saw a rise in P/E to 48x from 29x, and RoE declining to 9 percent from 12 percent. (Image: Representational purpose)
9 / 9The telecom sector (Rs 88 billion) remained the worst sector this year. The space saw 0 wealth creation this year compared to 2 percent in 2014. The same was in the case of P/E and RoE, which saw no movement this year. (Image: Reuters)
