@thighrokker wrote:@slstock wrote:@san1985 wrote:@thighrokker wrote:Undervalued?
shows that JINS is at an all-time high.
On what basis is it under valued?
It has not gone this up in the past....
It may trade at all time high, but you cannot avoid the fact that it still is undervalued.
EPS for the Y/E 31/12/2010 is 2.12.
So at current market price it trades at a PE of 9(19.2/2.12).
Correct with their EPS JINS is still undervalued in its sector. It might be interesting to note, that JINS IPO was at Rs 12 several years ago. This is one of the longest staganated share with regards to IPO price.
Is there a way to get the Insurance sector PE?
Anyone has this?
I think it goes under BFI