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Dont turn blind eye to these shares below Rs 100 with high PE as ten of them turn multibagger within a year!
Karan Dsij
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Dont turn blind eye to these shares below Rs 100 with high PE as ten of them turn multibagger within a year!

Who says high PE stocks don’t perform?! Here are some of the best-performing stocks that have turned into multi-baggers in just one year

Price and value are two different concepts in investing. Prices are available on exchanges and known to all but their value is based on the evaluation and analysis of the valuer at a certain point in time. For this reason, valuation is often viewed as both an art as well as a science. Determining the fair value of an asset requires a combination of knowledge, experience, and professional judgement.   

One of the widely-used metrics for valuation is the price/earnings ratio, also known as the P/E ratio. The PE ratio measures the current stock price of a company’s earnings. Also called multiple or earnings multiple, it indicates the amount that investors are willing to pay per Rs 1 of the company’s earnings.    

What does the PE ratio tell us?    

A high PE ratio indicates that market participants expect high levels of earnings and growth in the future. Shares are rising faster than earnings in anticipation of improved earnings.   

A low PE ratio can arise as the share price falls while earnings remain broadly unchanged.   

Who says high PE stocks don’t perform?! Here are some of the best-performing stocks that have turned into multibagger ">Multi-baggers in just one year: 

Stock Name

CMP in Rs

P/E

1-year Gains in %

Pledged in %

FCS Software

3.02

1173.32

106.67

0

Toyam Industries

14.28

482.25

350.16

0

Lloyds Steels

14.8

74.92

391.8

1.73

Rajnish Wellness

16.7

1645.34

902.86

0

Spacenet Enterprises

19.1

625.3

930.77

0

Swiss Military

28.7

150.46

903.53

0

Cressanda Solutions

37.2

7791.59

1468.28

0

Mangalam Global

44.2

452.85

345.49

0

Polo Queen Industrial & Fintech

56.6

1107.78

4742.11

0

Shanti Educational Initiatives

69

494

436.92

0

 

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12 comments on article "Dont turn blind eye to these shares below Rs 100 with high PE as ten of them turn multibagger within a year!"

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Sunil

One I know is definitely a fraud co.


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Pankaj Shirke

It is all fake.

I have invested in FCS software since 2010 with price around 6 rupees and till now, it is just 3 rupees.

I am not able to recover from that loss even after 12 years.

I was reading articles written by people like you and went for investment.

My appeal to investors is that Don't trust such articles, don't know from where these bunch of people come from. Don't listen to these so called experts. Your hard earned money will be at loss after listening to them.


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Sumit Kumar

The article is misleading. High pe means share price is too high for the earning of company. Price is not justifying the earning . Valuation is too high.999 out of 1000 high pe stock will tumble in long run. Those searching for multibagger should go for low pe , low debt , growing sector stocks .


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Dhurinder Singh

I also agree with all of you.. The above companies mentioned may not be fundamentally strong and very huge gains are not at all justified.. Only connected operators know the peak time to invest and then exit , we retailers get trapped and loose money suddenly when the rates crash drastically. It is even very difficult to sell at times as sell order is not accepted .


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Gianetan Sekhon

It reflects poorly on part of DSIJ to let some Tom, Dick and Harry publish articles without due diligence and analysis.


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Inquistiveengineer

Gianetan

How much momey you got for this post recommending dubious companies


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O. P. Khandelwal

I purchased fcs soft for ₹0.90 , and it is upto now has not cm down fti ₹2.75. And I'm holding them upto now.


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Anthony Florence Simoes

Same happened with Mel this people are cheaters Mel went upto 360 and now it's around rs 14 they cheat people make the maximum and withdraw and we suffer


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N K Srivastava

Appears to be paid article


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Ramesh kendre

All companies listed above are useless for investment.Ordinary common man must not read stories of Rakesh zunzunwala,Warren Buffett or any else.only invest in established companies like Grasim,Asian paints,Hul orsimilar if anyone is getting 12% returns annually then he is smarter .


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Karan Dsij

First of all, thank you all for reading and penning down your valuable comments. Your time & efforts are worth appreciating! However, as the author of the article, I feel that it’s my responsibility to clear the air of confusion, if any.

To begin with, the article totally focused on the ‘stocks that are trading below Rs 100’, ‘stocks with high PE’, and ‘delivered multifold returns’. Nowhere had we mentioned that ‘these are good companies to invest in or buy’!

Also, stocks with a high PE can continue to go higher while low PE stocks have continued to trend lower in the past. This is because price discovery is a mix of emotions as much as the fundamentals of the underlying business. Because, there might be an assumption that things are changing in certain companies, and hence, market participants have agreed to pay a certain price for it.

Besides, DSIJ has never indulged in promoting paid articles or paid recommendations because we believe in serving the investor community with honesty and best practices. Followers’ loyalty is what matters the most to us! There is a saying that the ‘market is uncertain’ but DSIJ, as a company, is always certain about its objectives & responsibilities towards its loyal readers.

Be assured when it comes to recommendations. DSIJ takes into all the important perspectives from management integrity to the future prospects of the company but this article was just for information purposes.

Happy Safe Investing with DSIJ!


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Sukanta Rudra

DSIJ has become another Tom, Sick and Harry magazine. With plethora of tools and data availability on internet it is easy to spot stocks that will give returns. In the past I have believed in their articles and suffered losses. All articles and TV shows are just hyped so that a retailer falls into trap.

As said always, it is very easy to a advisor on other people's money.

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