Hello Sauhard, I think it bit differently , there are very few companies which can generate ROE equal to or more than 100, in my mind Nestle is one such company. With a growth of 15% Nestle gets a PE of 75, while the switching cost in case of Nestle is easier for customers. So PB Fintech which is supposed to have ROE around 100% and growth say around 30% can have a high multiple. I tried explaining the same in my video , its pinned in my x account you can watch it.
X-@amitsinghpal
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