Stocks with PE ratio of more than 1000

Spread the love

Stocks with PE ratio of more than 1000

The price-to-earnings (P/E) ratio is a financial metric that compares a company’s current share price to its earnings per share (EPS). It helps investors assess whether a stock is overvalued or undervalued relative to its earnings, offering insights into the company’s growth potential and market sentiment.

A good P/E ratio typically ranges from 15 to 50, depending on the industry. A lower P/E may indicate undervaluation, while a higher P/E can suggest overvaluation or strong growth expectations. Comparing a company’s P/E to its peers and historical averages provides essential context for better investment decisions.

1. Nykaa (FSN E-commerce Ventures Ltd)

PE (Price to Earnings Per Share Ratio): 1,298

FSN E-commerce Ventures Ltd. popularly known as “Nykaa” is a digitally native consumer technology platform, that delivers a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it.

Nykaa is the largest specialty beauty and personal care platform in India in terms of the value of products sold in FY21 and one of the fastest-growing fashion platforms in India based on growth in GMV. It has the highest average order value (AOV) among leading online beauty and personal care platforms in India.

2. Allied Blenders & Distillers Ltd

PE (Price to Earnings Per Share Ratio): 3,737

Incorporated in 2008, Allied Blenders and Distillers is an Indian-made foreign liquor company offering four categories: whisky, brandy, rum, and vodka. Leading Liquor Manufacturer. Allied Blenders and Distillers is the third-largest Indian-made foreign liquor (IMFL) company by annual sales volumes from FY14 to FY22 with an 11.8% market share in the Indian whisky market in FY23.

It is one of only four spirits companies in India with a pan-India sales and distribution footprint. As of March 31, 2023, its products were sold in 79,329 retail outlets across 30 states and union territories. As of December 31, 2023, its product portfolio comprised 16 major brands across five main categories of IMFL, i.e., whisky, brandy, rum, vodka, and gin. The company also sells packaged drinking water under Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve brands.

3. Bharat Global Developers Ltd (KKRRAFTON DEVELOPERS)

PE (Price to Earnings Per Share Ratio): 1,199

KKRRAFTON DEVELOPERS, a public limited company incorporated on June 15th, 1992 in Ahmedabad is a pioneering enterprise dedicated to facilitating global trade across diverse business sectors. With a keen focus on efficiency, reliability, and innovation, we specialize in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond.

4. Eraaya Lifespaces Ltd

PE (Price to Earnings Per Share Ratio): 3,455

Incorporated in 1967, Just Ride Enterprises Ltd is in the business of digital marketing services

JREL (previously known as Tobu Enterprises Private Ltd) is a manufacturer and seller of engineering goods, automobile parts, indigenously made bicycles, and deals in securities.

The company has the following business divisions: Manufacturing Division: The company is a manufacturer of Bicycles, engineering goods, automobile parts, toys, etc. Trading Division: The company is a trader, merchant, commission agent, buying & selling agent, contractor, importer, and exporter of all types of engineering goods and electrical appliances including motors, insulators, refrigerators, etc. Securities: The company also deals in shares or securities of all kinds including loans, debentures, promissory notes