The initial public offer of PTC India Financial Services starts on 16/03/2011 in the price band of 26-28.
EPS: 0.74
P/E Ratio: 37.8 times
i m recommending a subscribe view on this ipo on long term basis as pricing on current years earnings are in pe multiple of 37.8 times which is very expensive but considering the long term growth story of india.
EPS: 0.74
P/E Ratio: 37.8 times
i m recommending a subscribe view on this ipo on long term basis as pricing on current years earnings are in pe multiple of 37.8 times which is very expensive but considering the long term growth story of india.