As per today''s article in Economic Times on Thyrocare (link above): FY16 EPS=10 FY16 PE= 42.3 FY16 P/B= 6.2 FY16 BV= 72.4.
Very close to what we had calculated (message no 306 refers).
Thyrocare has clocked 18% CAGR in Earnings in past 5 years, so PE of 42x is clearly on higher side. Dr Lal was also priced at a similar high level at the time of IPO but went on to command even higher valuation- currently PE is 100+ based on forward EPS for FY16. Let''s see if TTL also achieves a similar feat.
I read messages that GMP is reducing for past few days. So are the boarders still applying for thyrocare? Or will decide on 28th? I am confused whether I should apply or not.
New to this website, but I see a lot of messages wishing Happy Birthday to EagleEye so happy birthday to EagleEye from my side too and wishing a prosperous year ahead. :)
One thing is sure, many people now crazy for your posts. your id seems "eagleye" has no meaning, if you can change it as " eagle eye" than it has some meaning. All the best
Guys I want to open two new Demat accounts on the name of my wife and mom. Could anyone suggest me best broker where i can also sell my application on grey market If I want also I want to do online apply for IOP''s.