The company is creating complete digital healthcare ecosystem which can create great value in medium to long term
The PE is 53.66, since no Indian peer is exactly comparable we checked the Global pears in the similar space, Veeva systems got listed at Nasdaq at a PE of 202
I think it''s wrong to compare this company with Indian IT services peers, it''s a SAAS based product company with IP, which can have much higher PE than what is expected by the company Probably this would be first IP driven software product company in stock market
I have personally invested after doing all these due diligences
Did analyse 8K miles, they are primarily resellers of the IP of some other company. They do provide SAAS based products but as a reseller of someone else''''s IP.
Regarding PE multiple, please check the prospectus at SEBI, it says 53.
Suresh..there is no changes in the price in the last 3-4 months. and I couldnt find the quarterly results anywhere in the internet . are you still holding this ?
Currently it is trading at 61 and I can sell it for a loss of 8000rs. Please advise.
The PE is 53.66, since no Indian peer is exactly comparable we checked the Global pears in the similar space, Veeva systems got listed at Nasdaq at a PE of 202
I think it''s wrong to compare this company with Indian IT services peers, it''s a SAAS based product company with IP, which can have much higher PE than what is expected by the company
Probably this would be first IP driven software product company in stock market
I have personally invested after doing all these due diligences