Author: Navin Vohra, CFA

[ad_1] Private equity investments have been a major source of capital in India over the last few years. In 2019, PE and venture capital investments in India totaled US$48 billion,…

[ad_1] Shares of multinational companies in India, often called MNC stocks, enjoy premium valuations relative to their Indian peers. Investors attribute this premium to a host of factors: MNCs’ superior…

[ad_1] Last month, we analyzed whether the premium valuations of multinational company subsidiaries (MNCs) in India relative to their overseas parent companies is attributable to a superior growth profile or…

[ad_1] “The ratio has certain limitations in telling you what you need to know. Still, it is probably the best single measure of where valuations stand at any given moment.”…