Founder - Burn Finan... • 1d
Zomato PE ratio has reached around 994 in the Indian market I mean can you even imagine? The company valuation still does not look worth buying yet people are investing in it what I keep thinking is how badly is this one stock affecting the Nifty? And those people who say that PE ratio does not matter for new age companies I’d like to remind them that PE stands for Price to Earnings ratio and along with that comes another important metric the PEG ratio which is used to assess a company’s future growth potential but even Zomato PEG ratio is not anything impressive.
Founder - Burn Finan... • 3m
Today's startups that are going public through their IPOs have a PE ratio that, even if observed currently, is 100x or even 300x higher than the market average, despite the market sentiment being poor right now. It's unclear how these companies will
See MoreFounder - Burn Finan... • 1h
The market seems to be facing strong selling pressure going into next week Interestingly it is mostly retail investors who are selling possibly even more aggressively than FIIs based on the latest FII and DII data the market usually does not drop thi
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