Stockwire

At a High and Still Cheap!

Here's a list of companies that are trading at their all-time high, but are still below their median PE…

It is generally perceived that if a company is trading near its all-time high, it must be expensive to buy its shares at that price. While it may be true most of the times, it is not necessarily the case always. We have compiled a list of companies which are trading near their all-time high but are still below their median PE.
The filters used are:
• Share price has to be above 85 per cent of the all-time high
• It should be at a discount to its 5-year median PE
• Minimum market capitalisation of Rs 100 crore
• Those with marginal earnings have been excluded from due to high volatility of their PE ratios




Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month