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Lower Interest Rates Good for Govt, Banks and Corporates, Not for Average Indian

The RBI has been trying to drive down the interest rates in the economy since January 2019. In January 2019, the repo rate was at 6.5%. Since then it...

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SEBI bans AT1 Bonds for Retail Investors

The scars from Yes Bank AT1 Bonds write-off are still fresh in the minds of investors. AT1 Bonds are inherently risky (often riskier than Equities), y...

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CNX Banking : Historical Price to Earning : November 01, 2020

Low PE ratio indicates that the index is trading at discounted value. High PE ratio indicates the reverse. However, PE ratio shouldn’t be referred in isolation. For correct assessment, one should refer to other fundamentals aspects along with this ratio.

CNX Banking : Historical Price to Book :November 01, 2020

Low PB ratio indicates that the index is trading at discounted value. High PB ratio indicates the reverse. However, PB ratio shouldn’t be referred in isolation. For correct assessment, one should refer to other fundamentals aspects along with this ratio.

CNX BANKING : Historical EPS Vs. Index : November 01, 2020

a) On comparing Index growth vs Earnings growth, we find that Nifty Bank Index is overvalued by 56 %. 

b) For fair valuation, the Index and EPS lines should coincide.

c) To arrive at a fair valuation, either the index falls by 56 % or EPS rises by 128%.

Fund Performance : BANKING & FINANCIALS Theme (01 November, 2020)

[ninja_tables id="6516"]

Returns < 1 year are absolute and over 1 Year are Compounded Annualized.

Disclaimer : All investments in Mutual Funds carry risk of loss of Principal. No returns are guaranteed, any projections are indicative and subject to market fluctuations.

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