@mzambare

You cannot get stuck on only one part of a chapter of a book to make an observation. Try to see the complete picture.

Read the chapter on Banks/financial companies in Pat Dorsey’s book. It seems you have not read it with full understanding. So maybe another read may be in order.

While analysing any bank, PE is not the first thing you look at. Price to book value, ROA, ROE, NPA, NIM etc are important aspects in analysing banking (and even other financials) stocks.

Try and go through a couple of good threads on bank stocks on VP. Or read annual reports of a few banks and then go through concalls to get a better grasp of the subject.

The way you are trying to analyse banks based on a few data points on screener and a few lines here and there from Peter Lynch’s masterpiece comes across as very frivolous efforts. Investing is not as easy as you think, but then it’s not as difficult as you make it out to be. It needs patient and dedicated learning.

Thanks a lot for Sharing this, very helpful

Markets are ruthless when it comes to taking away in no time, the valuation that was built hard over time. I hold only a small tracking quantity in the stock taken after it began tanking yesterday and hence not fit to advise or comment on company’s past performance. However, if the position sizing is huge, it’s always good to take some profits and re-enter if the rumors are proven false.

@mzambare

I think you need to be a bit serious about reading and understanding. I can take a glass of water to a thirsty person, but after that he has to pick up the glass and drink the water himself. I cannot put one spoon of water after another spoon in his mouth.

These are books written for average investors like a lot of us, and you being a doctor (as you mention) should not find it difficult to understand. If not at the first attempt, then try multiple times. We are on a self help forum, not a personal tuition class.

If an IT expert compare Netweb with E2E Network, then we shall understand company better to invest.