IOL Chemicals – Why a PE ratio of 3 is not “cheap”

Why a PE ratio of 3 does not necessarily imply “cheap valuations”
IOL Chemicals – Why a PE ratio of 3 is not “cheap”

Why a PE ratio of 3 does not necessarily imply “cheap valuations”
Ambika Cotton

What is the Business? Ambika Cotton is a speciality yarn producer based out of Tamil Nadu (Dindigal). It produces speciality compact yarn from long staple cotton procured from the US, Australia and India. Industry Structure Yarn production is a highly competitive industry with large labour requirement. Wide variation on raw material prices (cotton) cause frequent […]