In this world, this punishment takes place in the

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canada goose store For many years, the presumed No. 1 tight end in fantasy has been Gronkowski and with good reason. However, it seems that there is finally another consistent, high upside option to compete with him for the top spot. Stocks with a higher PE are said to be relatively more expensive than their peers.Why do stock prices go up? One reason of course is the fundamentals of the company but this is not the only reason. At times, speculation and other factors also contribute to changes in stock prices.We examine whether these high PE stocks deserve such high valuations based on their fundamentals, or have speculation or one off events driven these valuations up.Specifically, in this article, we focus on consumer goods food companies. We shortlisted companies with a 10 year track record of profitability, and a return on equity of 10% in each of the past 10 years.The companies with the highest PEs, (in descending PE order) are Sanwaria Agro Oils Ltd., Nestle India Limited and Glaxosmithkline Consumer Healthcare Ltd.Key financial parameters for 3 highest PE companiesNote: Numbers are for last 10 years except TTM PE.TTM: Trailing Twelve MonthLet’s look more closely at the reasons for the strong PEs for these companies.Sanwaria Agro Oils is in the business of edible oils produced from soyabean and other minor oil seeds, and sold under the brand names of Sulabh, Narmada and Sanwaria canada goose store.

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