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

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?


View on r/NepalStock by ShoddyStreet677


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