Want your view on Trent as well. I see that is also one of the recent additions, not worried about the valuations at all?
In Trent’s case, you have to keep in mind three things on the valuation. When the market says it trades at 110 times PE, I am always circumspect on PE. There are three reasons why PE in this case is relatively useless. Firstly, remember the Ind AS rules mean that every time you take stores on lease, you have to hit your accounting earnings, your declared e …
Read more at:
| Subscribe To Our Free Newsletter |
