Varun Beverages Limited’s (NSE:VBL) Share Price Matching Investor Opinion
When close to half the companies in the Beverage industry in India have price-to-sales ratios (or “P/S”) below 2.9x, you may consider Varun Beverages Limited (NSE:VBL) as a stock to avoid entirely with its 11.5x P/S ratio. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s so lofty.
See our latest analysis for Varun Beverages
How Has Varun Beverages Performed Recently?
With revenue growth that’s superior to most other companies of late, Varun Beverages has been doing relatively well. It seems that many are expecting the strong revenue performance to persist, which has raised the P/S. If not, then existing shareholders…
