Subdued Growth No Barrier To Transwind Infrastructures Limited’s (NSE:TRANSWIND) Price
When close to half the companies in India have price-to-earnings ratios (or “P/E’s”) below 27x, you may consider Transwind Infrastructures Limited (NSE:TRANSWIND) as a stock to avoid entirely with its 47.7x P/E ratio. However, the P/E might be quite high for a reason and it requires further investigation to determine if it’s justified.
As an illustration, earnings have deteriorated at Transwind Infrastructures over the last year, which is not ideal at all. It might be that many expect the company to still outplay most…
