Ircon vs Railtel: Which Railway Stock is Better?
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- Опубликовано: 21 май 2024
- The railway infrastructure revamping initiative is driving the growth of these two railway companies. But which one’s the clear winner?
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No doubt. Railtel is much better.
Very informative
Thank you!
According to u which is better
Can I hold railtel for long term?
You've missed the valuation part
The P/E ratio of Ircon International is 27.6x, whereas its P/B ratio is 4.2x. For Railtel Corporation, the P/E and P/B ratio stands at 55.6x and 8.6x, respectively.
This means that the shares of Railtel Corporation are overvalued compared to Ircon International.
If we compare them with their three-year averages and the industry average, both look overvalued at the current valuations.