Indian Realty Stocks - Poor earnings- DLF, ACKRUTI CITY, UNITECH

Most of Indian realty stocks are trading at a discount to their median P/ E and P/B. But, EPS growth and Total returns are mostly negative.
In this article we discuss DLF, ACKRUTI CITY, UNITECH Shares.

DLF

52 Wk High  397.50
52 Wk Low        185.00
Listing Date:  05/07/2007
Market Cap Rs. Crore    34070.27
EPS (TTM) Rs.  6.82     
P/E                29.43      
Industry P/E      16.65
 Book Value      81.35   
 Price/Book       2.47     
 Dividend          100.00%          
 Dividend Yield(%)        1.00
 Market Lot        1.00     
 Face Value Rs. 2.00    
             


ACKRUTI CITY

Listing Date
07/02/2007

52 Wk High       554.40
52 Wk Low        166.60
Market Cap Rs. Rs. Crore 1307.06
 EPS (TTM) Rs. 23.58
 P/E      7.62     
Industry P/E      16.65                 
 Book Value      220.46
 Price/Book       0.82     
Dividend           25.00%            
Dividend Yield (%)        1.39
Market Lot         1.00
Face Value Rs.  10.00


UNITECH

Listing Date
08-SEP-1999

Market Cap Rs. Crore    7,391.05           
EPS (TTM) Rs.  1.95     
P/E       14.49
Industry P/E      13.29
 Book Value      35.48
 Price/Book       0.80     
Dividend           5.00%  
Dividend Yield(%)         0.35
Market Lot         1.00     
Face Value Rs.  2.00                               



( P/ E = The P/E Ratio (price-to-earnings Ratio) of a stock (also called its "P/E", or simply "multiple") is a measure of the price paid for a share relative to the annual net income or profit earned by the firm per share.The P/E ratio can therefore alternatively be calculated by dividing the company's market capitalization by its total annual earnings.

 P/B = The Price-to-Book ratio, or P/B ratio, is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders; in other words, the company's total tangible assets less its total liabilities. The calculation can be performed in two ways, but the result should be the same each way. In the first way, the company's market capitalization can be divided by the company's total book value from its balance sheet. The second way, using per-share values, is to divide the company's current share price by the book value per share (i.e. its book value divided by the number of outstanding shares.

EPS = Earnings Per Share
The most widely used ratio, it tells how much profit was generated on a per share basis
           
Calculation of EPS = Net Income - Dividends on Preferred Stock  / Average Outstanding Shares.

TTM = Trailing  Twelve Months )
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