V2 Retail Limited (NSE:V2RETAIL) Looks Just Right With A 26% Price Jump
V2 Retail Limited (NSE:V2RETAIL) shareholders would be excited to see that the share price has had a great month, posting a 26% gain and recovering from prior weakness. Looking back a bit further, it’s encouraging to see the stock is up 60% in the last year.
After such a large jump in price, when almost half of the companies in India’s Specialty Retail industry have price-to-sales ratios (or “P/S”) below 1.5x, you may consider V2 Retail as a stock not worth researching with its 3.6x P/S ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated P/S.
