bearish

IPO | Kalyan Jewelers: Valuation Too Premium Relative to Closest Listed Peer TBZ

276 Views14 Mar 2021 22:26
Kalyan's IPO valuation came out higher than our expectation. At >50x PE, it is valued at more than double that of its closest listed peer TBZ which is currently valued at 25x PE.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 2-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Rising
Ankit Agrawal, CFA
Equity L/S Analyst | Forensic Accounting | India
Yellowstone Equity
IndiaEquity Bottom-UpForensic Accounting
Price Chart(Sign Up to Access)
analytics-chart
x