ok it might be copy paste but i think from valuation perspective this stock is not attractive. Refer to my DCB post on why i think so. Any thoughts on this approach?
Hi All
I was trying a way to find the cheapest stock in banks and used the below methodology. what you all think?
I use an average of P/E x Gross NPA% AND P/B x Gross NPA % to find the lowest ratio along with those banks only where Capital Adequacy is >12.5% as required by Basel norms on a conservative basis**
Many of you might be seeing above stock-picking methodology for first time. Reasons for this is as below
Example 1: Suppose you have two stocks with a P/E of 10 and Gross NPA of 1% an…
