One point , I would seek elaboration on…If companies having low earnings in last 2 years or having irregular earnings growth, then how we should look at its PE , compared to a period when earnings were growing fast?
Just for example, in case of
Divis labs , when earnings were growing fast in 2021, it’s PE was around 65 and now earnings are degrowing, it’s PE is around 80…So how do we look at it from PE point of view? Or is there any mechanism where keeping earnings at same level, how would we calculate real comparable current PE as against current high PE?
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