This is part of book value investing
PB<.5
Book value growth 10Y and 5Y more than 10%.
Book Value: 20309
Buy date: 30-Nov-2022
Qty: 2 Price: ₹4974.75 EPS: ₹171.8 PB: 0.26
I will sell at book value and plan to update the GTT order in Zerodha every week by checking Tradeview. If the book value decreases I will lose money otherwise hoping the company can increase book value and sell it at book value a few years from now. Usually, book value investing takes at least 5 years and in some cases can hit PB =1 once in 10 years. In this case, it may not hit PB=1 and hope to collect dividends. I will not average this stock if earnings fall.
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