Dhunseri Ventures Limited’s (NSE:DVL) Share Price Is Matching Sentiment Around Its Earnings
Dhunseri Ventures Limited’s (NSE:DVL) price-to-earnings (or “P/E”) ratio of 5.1x might make it look like a strong buy right now compared to the market in India, where around half of the companies have P/E ratios above 27x and even P/E’s above 51x are quite common. Although, it’s not wise to just take the P/E at face value as there may be an explanation why it’s so limited.
Recent times have been quite advantageous for Dhunseri Ventures as its earnings have been rising very briskly. One possibility is that the P/E is low because investors think this strong earnings growth might actually underperform the broader…
