Thanks Aswinrama for the reply. We do not believe in PE ratio to be considered as a tool for valuations. They reported ROE of 12% in 2016, which in 2011 was 13% and in 2006 it was around 18%. Book value had grown because of the retained earnings in the business. If you consider Reliance Industry
4.49 PM Dec 1st
Is earnings growth is always good for the company? In the past 5 years Reliance Industries had seen earnings growth of 23% in the past 5 years. The biggest jump in the earnings was seen past year. The stock price had also moved up 20% in the past 5 years. In my recent post on valueoperations.com I
11.32 AM Dec 1st
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