Question: I would have lost money if I invested any time during the last three years despite great numbers, as a noob what would I be missing, why has the shares fallen so much?
My findings: PE dropped from 55 in July17 to 11 now, despite great numbers
3 year sales growth 30%
3 year profit growth 56%
3 year roce is 57%
change in promoters holding is -0.03%
company is debt free & 0% pledging
Last 3 years margins are also bound in 31-36 % range.
What am I missing here?
My Background: Last month I woke up, until then I was like a sleeper cell agent, JK 
. I have been waiting for this market crash since the last 2 years. Last month I invested heavily in several sectors, but still I haven’t found my drug, that shall take me to new highs(pun intended!)
I came across Caplin & got interesting insights via screener.
I have started reading this whole thread it shall take me time to go through all.
Trying to find the best pharma that fits my portfolio. Suggestions would be appreciated!