29th Septemer 2005, Economic Times
According to the latest data ETIG analysis shows that only 5.2% of the BSE 500 stocks are quoting below book value.
In comparison 62% of the stocks were below book value at the start of the bull rally in April 2003.
Surprising at the peak of the last boom, in April 2000, 61% of the stock quoted below book value. Then the boom was only in IT scrips.
Now the boom is more broad based.
Showing posts with label Price to book value. Show all posts
Showing posts with label Price to book value. Show all posts
Thursday, June 26, 2008
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