I had query regarding EASTERN SILK INDUSTRIES
the book value of Rs49 and i could not find out the P.E ratio of the stock what is ur recommendation on this stock.
Regards ask by shri Deepak
Eastern silk industries give 0.20 rupees per share dividend in this year.
Eastern silk face value is rs 2 only.
Book value of this share is 49.56
March 2009 EPS of this company is 2.29 so if we divided current price 13.45 of eastern silk with 2.29 we find P/E of 5.87.
Promoter holding in eastern silk is 47.40 percent is good sign with no pledged share
CLICK HERE FOR DOWNLOD EASTREN SILK SEPT 2009 RESULT
In my view this is a good dividend paying company. Low debt, high book value but low face value. BUT IN HALF YEAR ENDED SEPT 2009 EARNINGS OF THIS COMPANY IS DOWN. so this is a nagative point for us.
THIS ANALYSIS IS MAHESH CHANDER KAUSHIK OPINION ONLY NOT A PROFESSIONAL ADVICE SO READ DISCLAIMER BEFORE TAKE ANY ACTION.
the book value of Rs49 and i could not find out the P.E ratio of the stock what is ur recommendation on this stock.
Regards ask by shri Deepak
Eastern silk industries give 0.20 rupees per share dividend in this year.
Eastern silk face value is rs 2 only.
Book value of this share is 49.56
March 2009 EPS of this company is 2.29 so if we divided current price 13.45 of eastern silk with 2.29 we find P/E of 5.87.
Promoter holding in eastern silk is 47.40 percent is good sign with no pledged share
CLICK HERE FOR DOWNLOD EASTREN SILK SEPT 2009 RESULT
In my view this is a good dividend paying company. Low debt, high book value but low face value. BUT IN HALF YEAR ENDED SEPT 2009 EARNINGS OF THIS COMPANY IS DOWN. so this is a nagative point for us.
THIS ANALYSIS IS MAHESH CHANDER KAUSHIK OPINION ONLY NOT A PROFESSIONAL ADVICE SO READ DISCLAIMER BEFORE TAKE ANY ACTION.