Aatmaj Healthcare Limited’s (NSE:AATMAJ) Share Price Could Signal Some Risk
Explore Aatmaj Healthcare’s Fair Values from the Community and select yours
Aatmaj Healthcare Limited’s (NSE:AATMAJ) price-to-earnings (or “P/E”) ratio of 69.8x might make it look like a strong sell right now compared to the market in India, where around half of the companies have P/E ratios below 27x and even P/E’s below 15x are quite common. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated P/E.
For instance, Aatmaj Healthcare’s receding earnings in recent times would have to be some food for thought. It…