Valuation Metrics Indicate Elevated Pricing
Cosmic CRF’s price-to-earnings (PE) ratio stands at a notably high 46.5, signalling that investors are paying a premium relative to the company’s earnings. This figure is above many of its peers, such as Tata Steel and Jindal Steel, whose PE ratios are significantly lower, reflecting more moderate valuations. The company’s price-to-book (P/B) ratio of 2.77 also suggests that the stock is trading well above its net asset value, which can be a sign of overvaluation if not supported by strong growth prospects.
Enterprise value to EBITDA (EV/EBITDA) at 25.5 further underscores the expensive nature of the stock, especially when compared to industry peers like JSW Steel and SAIL, which trade at EV/EBITDA multiples closer to 10-13. ...
Read More





