Metrics to compare | PALJ | Peers Peers - average of corresponding metrics from companies closely matching PALJ: 531842, 544002, SHUBHLAXMI, 541865, ASPIRE | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPALJPeersSector |
|---|---|---|---|---|
P/E Ratio | 22.5x | 16.5x | 9.8x | |
PEG Ratio | 0.46 | 0.13 | 0.02 | |
Price/Book | 1.3x | 0.9x | 1.4x | |
Price / LTM Sales | 0.1x | 1.1x | 0.9x | |
Upside (Analyst Target) | - | 28.7% | 33.1% | |
Fair Value Upside | Unlock | 15.2% | 12.6% | Unlock |
Palm Jewels Limited engages in the wholesale trade of gold and silver jewellery in India. The company sells gold-based chains and mangal sutras, gold lucky, silver ornaments, silver payal, silver zuda, silver baccha items, bracelets, and necklaces. It also procures gold and silver through the bullion market. In addition, the company manufactures gold jewellery products. It markets its products to other jewellery stores through B2B and direct/outbound marketing. The company was formerly known as Shilvi Jewels Private Limited and changed its name to Palm Jewels Limited in February 2018. Palm Jewels Limited was incorporated in 2005 and is based in Ahmedabad, India.