Reliance Home Finance Adjusts Valuation Grade Amid Mixed Financial Performance Indicators

Reliance Home Finance has recently undergone an evaluation adjustment, reflecting a shift in its valuation grade. The stock, categorized within the housing finance industry, has transitioned from a classification that suggests higher risk to one that indicates a more attractive valuation.
Key financial metrics reveal a PE ratio of -64.16 and a price-to-book value of -2.88, suggesting challenges in profitability and asset valuation. The EV to EBIT and EV to EBITDA ratios stand at -93.47, indicating significant operational hurdles. In contrast, the EV to capital employed ratio is notably high at 145.15, while the EV to sales ratio reaches 301.90, highlighting potential inefficiencies in revenue generation relative to enterprise value.

Despite these challenges, Reliance Home Finance has reported positive financial performance in recent quarters, with a PAT of Rs 3.03 Cr over the last nine months. The stock has also shown resilience, generating a return of 17.99% over the past year, outperforming the broader market, which has seen negative returns.

Overall, the recent revision in its score reflects a complex interplay of financial metrics and market positioning for Reliance Home Finance.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.