COCHINSHIP

P/E ratio: 52–54 (very high) Sector P/E: 22–23 P/B ratio: 6–7 👉 Conclusion: Stock is expensive on earnings basis Market is pricing in future defence & shipbuilding growth ROE: 14–16% ROCE: 19% Dividend yield: 0.6–0.7% 👉 Interpretation: Decent but not exceptional profitability Not a high dividend play