Indian Railway Finance Corporation Ltd (IRFC)
LTP: 23.70
P/E: 5.60
B/V: 29.78
P-B/V: 0.80
the PE ratio and the Price to Book Value ratio is very good.
ROE: 13.34
ROCE: 5.02
ROA: 1.34
Return on equity is good but return on capital employed and return on assets could be better.
EBIDTA has jumped up to 15770 cr in 2020-2021 vs 13421 cr in 2019-2020 and the year isn't even over yet. the financials for the year ending in March 2021 will be very good and should bring down the P/E ratio.
Net profit too has jumped to 4416 cr already vs 3192 cr in 2019-2020
Overall, looks like a must have in the portfolio!
LTP: 23.70
P/E: 5.60
B/V: 29.78
P-B/V: 0.80
the PE ratio and the Price to Book Value ratio is very good.
ROE: 13.34
ROCE: 5.02
ROA: 1.34
Return on equity is good but return on capital employed and return on assets could be better.
EBIDTA has jumped up to 15770 cr in 2020-2021 vs 13421 cr in 2019-2020 and the year isn't even over yet. the financials for the year ending in March 2021 will be very good and should bring down the P/E ratio.
Net profit too has jumped to 4416 cr already vs 3192 cr in 2019-2020
Overall, looks like a must have in the portfolio!