BSE: 511176 SECTOR: Finance - Housing 4808 5 0
₹ 106.3
₹ 133.98
₹ 31
₹ 33.29 Cr.
₹ 0 Cr.
0.31 Cr.
47.49
2.8
₹ 10
0 %
₹ 37.94
₹ 0.59 Cr.
₹ 0.52 Cr.
74.69 %
₹ 2.24
13.79
4.55 %
4.68%
78.27 %
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Housing finance companies is a highly concentrated business-facing fierce competition and the industry has remained competitive for several years. The growth of the economy and also increase in the per capita income of individuals impact the housing industry as a whole.
These companies provide finance for housing in India to individuals and corporations. The housing finance companies majorly cater to low and middle-income individuals. The proportion of loans coming from housing companies is significantly increasing.
Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.
Parshwanath Corp stock price today is Rs 106.3. To understand the functions of the Parshwanath Corp better, you must go through the following points:
Key Financials –
Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 0.5152 Cr and the compounded growth of profit in the past 3 years is 4.29766879078091 %. The PAT margin of Parshwanath Corp is 87.0859 %.
EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Parshwanath Corp , the EPS grew by 78.2726 % YOY.
Financial Ratios –
Return on Equity (ROE): Parshwanath Corp has a poor ROE track record. The ROE of Parshwanath Corp is at 4.5534 % for the latest year.
P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Parshwanath Corp is worth at the current levels at Rs 106.3. Parshwanath Corp is trading at a current P/E ratio of 38.4667 and the average historical P/E for the last 5 years was 23.6015398380361.
P/B ratio can be one of the best metrics to value such companies. Currently, Parshwanath Corp is trading at a P/B of 2.8019 . The average historical P/B for the last 5 years was 0.827064231419036. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.
Share Price: - The current share price of Parshwanath Corp is Rs 106.3. One can use valuation calculators of ticker to know if Parshwanath Corp share price is undervalued or overvalued.