Business

Six high ROE and low PEG ratio stocks, right combination for wealth creation

By Dan Neff

ET is providing these research reports as a complimentary offering to all ETPrime users. Click here to know more.

Synopsis

One of the most important financial ratios is return on equity and if that is combined with a lower PEG ratio, even better results come. The selected list applies different algorithms for all BSE and NSE stocks. For the purpose of this article, we have taken only BSE stocks into consideration.

While on a stand alone basis, financial ratios do give indication of financial performance of a company. However when two ratios especially the ones which cannot be easily manipulated the list which comes up throws up winners which have proven track record of wealth creation and consistent out performance. On the list is one of the biggest wealth creators of the Indian market and other five stocks where analysts have “ strong buy” and “ buy”

ETMarkets.com

8 mins read, Last Updated:

  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.

Dan Neff