Valuing the Unprofitable: Beyond PE to Price-to-Sales Metrics

You are sitting at your terminal reviewing the Q3 filings for a high-growth fintech startup aiming for an IPO on the NSE. Your junior analyst approaches you, concerned that the firm's PE ratio is negative, making it...

Why Book Value Misleads in Service-Sector Valuations

Imagine you are analyzing an IT services firm listed on the NSE. You pull up the balance sheet and notice the company has a very low Book Value relative to its share price, leading to a high Price-to-Book (P/BV) ratio of...