Stocks Trading Below Rs 100: Top 3 PSU Bank Stocks at Discounted Book Value - Don't Miss Out!
With this in mind, let's take a look at the top 3 PSU Bank stocks trading below Rs 100
Investing in stocks can be intimidating, especially during times of market uncertainty. But as Warren Buffett famously said, "Price is what you pay; value is what you get." And there's no better time to find value than when the market is down.
One of the widely used parameters for identifying undervalued stocks is the price to book value (P/BV) ratio. This ratio compares a company's current market price to its book value, which is the total value of its assets minus liabilities.
If a stock is trading below its book value, it may be undervalued and provide an opportunity for investors to purchase quality merchandise at a discount.
With this in mind, let's take a look at the top 3 PSU Bank stocks trading below Rs 100 that are currently trading below a P/BV of 1 and offer a substantial discount to their book value.