Stocks with Single-Digit P/E and High ROCE: A Potential Investment Opportunity?
Stocks with Single-Digit P/E and High ROCE: A Potential Investment Opportunity?
Why Investors Find This Combination Attractive
Why Investors Find This Combination Attractive?
Is Return On Equity A Company’s Financial Barometer?
Significance of ROE
Comparing a company's return on equity (ROE) to its industry average or the ROE of similar companies can help investors determine whether the company is performing well or underperforming. Bhavya Rathod highlights how this can be used as an effective tool in the investment process
Low PE high ROE stock: This mid-cap construction company declared the L1 (lowest) bidder for projects worth Rs 2004.43 crore!
The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively.
The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively.
This mid-cap company receives an order worth Rs 758.10 crore!
In Q2FY23, net sales rose by 12.13 per cent and net profit skyrocketed 123.45 per cent over Q3FY22.
In Q2FY23, net sales rose by 12.13 per cent and net profit skyrocketed 123.45 per cent over Q3FY22.
Stock below Rs 120: This PSU company receives an order worth Rs 33.29 crore!
With a market valuation of Rs 3,693 crore, the firm has a PE of 21.96 per cent and an ROE of 14.49 per cent.
With a market valuation of Rs 3,693 crore, the firm has a PE of 21.96 per cent and an ROE of 14.49 per cent.
Multibagger in just 6 months: Don't miss action in this stock that has announced bonus shares and stock split!
The stock gave multibagger returns of 414.9 per cent in just 6 months and 1,115.1 per cent in the last 1 year.
The stock gave multibagger returns of 414.9 per cent in just 6 months and 1,115.1 per cent in the last 1 year.
Multibagger in just 6 months: Don't miss action in this SME stock that is likely to announce bonus shares and stock split!
The stock achieved multibagger returns of 408.69 per cent in just 6 months and 632.45 per cent in the last year.
The stock achieved multibagger returns of 408.69 per cent in just 6 months and 632.45 per cent in the last year.
Multibagger in just 6 months: Keep an eye on this penny stock, which was locked in the upper circuit on January 13
The stock gave multibagger returns of 115.17 per cent in just 6 months. Today, the company saw a spurt in volume by more than 3.34 times on BSE.
The stock gave multibagger returns of 115.17 per cent in just 6 months. Today, the company saw a spurt in volume by more than 3.34 times on BSE.
Low PE high ROE stock: This small-cap stock is into expansion of business!
The stock has a PE multiple of 11.47 whereas the sectoral PE multiple is 22.72 and an ROE of 31.94 per cent.
The stock has a PE multiple of 11.47 whereas the sectoral PE multiple is 22.72 and an ROE of 31.94 per cent.
Stock below Rs 300: This FMCG stock receives an order worth Rs 5.21 crore!
The stock now has a PE of 18.3 per cent, an ROE of 12.80 per cent and a 1-year CAGR of 22 per cent, respectively.
The stock now has a PE of 18.3 per cent, an ROE of 12.80 per cent and a 1-year CAGR of 22 per cent, respectively.
Back-to-back upper circuits: This chocolate manufacturing stock has rallied over 22 per cent in just 5 days, heres why
The stock has given multibagger returns of 623.25 per cent in the last two years.
The stock has given multibagger returns of 623.25 per cent in the last two years, with a 52-week high of Rs 198.45 and a 52-week low of Rs 81.80.
Multibagger in just 6 months: This company received additional work order worth Rs 16.50 crore from DCI!
The stock generated multibagger returns of 329.75 per cent in just 6 months and 661.75 per cent in 1 year.
Today, shares of Knowledge Marine & Engineering Works Ltd (KMEW) surged 12.75 per cent and reached a new 52-week high of Rs 1,146.35 apiece. The stock generated multibagger returns of 329.75 per cent in just 6 months and 661.75 per cent in 1 year.