Bella Casa Fashion & Retail Limited’s (NSE:BELLACASA) Price Is Out Of Tune With Earnings
Bella Casa Fashion & Retail Limited’s (NSE:BELLACASA) price-to-earnings (or “P/E”) ratio of 35.3x might make it look like a 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 elevated P/E.
Earnings have risen firmly for Bella Casa Fashion & Retail recently, which is pleasing to see. It might be that many expect the respectable earnings performance to beat most other companies over the coming period, which has increased…
