Why is the price of Narayani development bank(NABBC) so high.

Why is the price of Narayani development bank(NABBC) so high. 1

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NABBC with book value of 52.10 is trading at price to book value ratio of 6.81 and it has been in loss ever since while other development bank with good eps are trading at 2-3 times book value. What is the reason for this?

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One response to “Why is the price of Narayani development bank(NABBC) so high.”

  1. berojgar_keto Avatar
    berojgar_keto

    NABBC has issued 100% right share twice in 2021…..and people love pumping stocks giving out right shares

    Reply

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