ET has identified twelve mid and small-cap stocks that enjoy high ROE but which are quoting at a low P/E. Such stocks are said to offer safety and value
Rajesh Mascarenhas of ET Bureau has pointed out that for a seasoned value investor, high return on equity (RoE) and lower price to earning (P/E) ratios are key parameters to invest in a stock. He has identied twelve stocks whose RoE is above 20% and valuations have turned cheaper after the recent decline.
(Image credit: ET)
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