These stocks doubled in last 1 year, still available below their 5-year average P/E These stocks are from different sectors like Healthcare, Trading, Capital Goods, Education & Training, Media & Entertainment, Chemicals, and Construction Materials.
There are various metrics to look stock valuations and take a call whether a stock is undervalued or expensive. Amongst that one way to check stock price valuation is from their price-to-earnings (P/E).
The price-to-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per share earnings of the fiscal.
urprisingly, only eight companies make the cut from the above filter. List includes stocks like Black Rose Industries, Gujarat Themis Biosyn, Refex Industries, Ion Exchange (India), Career Point, Tips Industries,
Deepak Nitrite and JK Cement.
