piotroskis
Joseph Piotroski is a numbercrunching accountant with a knack for identifying unpopular stocks that could turn into big winners. His research focuses on companies that have had high bookto-market ratios (B-M), that is, stocks with book values higher than their market values. The reasons for high B-M ratios can be attributed to the financial distress that these companies might be facing. However, using a series of balance sheet and accounting measures, Piotroski developed a methodology to pick gems from this morass. According to Piotroski, the key to improving returns is to avoid the slugs and focus on the quality, high B-M stocks. These stocks can be great investments because their share prices are likely to jump once the market recognises their potential.
by Irfan In
| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | CMP / BV | ROA 12M % | ROA Prev Yr % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26. | G K P Printing | 9.97 | 84.33 | 21.92 | 0.00 | 0.01 | -93.33 | 5.40 | -61.92 | 6.35 | 0.93 | 2.58 | 2.36 |
| 27. | KJMC Corporate | 62.00 | 10.58 | 24.34 | 0.00 | 0.15 | -72.73 | 2.42 | 54.14 | 6.45 | 0.41 | 4.03 | 0.67 |
| 28. | Rajshree Sugars | 63.85 | 15.37 | 211.57 | 0.00 | 15.80 | -32.48 | 186.01 | -14.68 | 6.84 | 0.79 | 1.69 | -1.18 |
| 29. | S Chand & Compan | 245.00 | 16.86 | 862.82 | 1.22 | 128.23 | 26.09 | 437.16 | 11.95 | 6.90 | 0.91 | 4.10 | 3.59 |
| 30. | Uniroyal Ind | 20.50 | 19.71 | 16.95 | 0.00 | 0.56 | 1220.00 | 24.28 | -14.96 | 7.02 | 0.87 | 1.68 | -1.73 |
| 31. | Intrasoft Tech. | 128.05 | 19.25 | 188.62 | 0.00 | 2.36 | -3.67 | 121.50 | 2.96 | 7.64 | 0.89 | 2.62 | 2.47 |
| 32. | Mafia Trends | 16.80 | 22.58 | 7.45 | 0.60 | 0.26 | 3.80 | 8.05 | 0.98 | 2.36 | 1.71 | ||
| 33. | Solid Stone Co | 35.65 | 22.57 | 19.18 | 0.00 | 0.29 | -12.12 | 7.28 | -15.45 | 8.29 | 0.88 | 1.60 | 1.18 |
| 34. | Arih.Found.Hsg. | 141.25 | 8.31 | 121.48 | 0.00 | 9.07 | 875.27 | 32.50 | 212.50 | 8.61 | 0.67 | 1.81 | -0.97 |
| 35. | KEN Fin.Serv. | 19.70 | 23.64 | 5.91 | 0.00 | 0.05 | -75.00 | 0.15 | -65.91 | 9.01 | 0.83 | 3.32 | 2.89 |
| 36. | IRB InvIT Fund | 65.84 | 10.25 | 3822.01 | 184.00 | -19.41 | 543.69 | 1.12 | 9.37 | 0.98 | 2.97 | 2.92 | |
| 37. | Riddhi Steel | 49.47 | 12.06 | 41.01 | 0.00 | 2.46 | 153.63 | 9.45 | 0.75 | 1.82 | 1.38 | ||
| 38. | Riba Textiles | 78.00 | 7.98 | 75.27 | 0.00 | 1.85 | 134.18 | 56.35 | -4.56 | 10.07 | 0.88 | 4.58 | 3.12 |
| 39. | Himatsing. Seide | 130.25 | 11.37 | 1282.43 | 0.00 | 23.74 | 6.22 | 696.87 | 1.05 | 10.54 | 0.83 | 1.99 | -1.49 |
| 40. | Hind.Tin Works | 184.50 | 10.67 | 191.89 | 0.66 | 5.32 | 102.28 | 98.04 | 19.96 | 11.57 | 0.97 | 5.44 | 4.97 |
| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | CMP / BV | ROA 12M % | ROA Prev Yr % |
| 41. | Majestic Auto | 364.00 | 11.82 | 378.56 | 4.12 | -0.16 | 68.63 | 15.52 | 19.66 | 11.61 | 0.62 | 4.47 | 0.76 |
| 42. | Sangal Papers | 225.05 | 13.22 | 29.48 | 0.00 | 1.15 | 228.57 | 45.56 | -22.57 | 11.78 | 0.74 | 4.11 | 2.27 |
| 43. | Jonjua Overseas | 9.92 | 6.50 | 7.86 | 0.00 | 0.57 | 2.96 | 12.67 | 0.79 | 7.73 | 5.55 | ||
| 44. | Vaswani Industri | 35.05 | 11.64 | 105.15 | 0.00 | 3.10 | 169.57 | 90.36 | -18.92 | 13.23 | 0.86 | 4.63 | 2.88 |
| 45. | Bronze Infra | 1.12 | 2.08 | 1.93 | 0.00 | -0.07 | -800.00 | -0.88 | -466.67 | 14.82 | 0.33 | 1.83 | 0.58 |
| 46. | Indl. Inv. Trust | 160.00 | 21.97 | 360.77 | 0.00 | 41.06 | -27.55 | 7.42 | 14.86 | 15.56 | 0.94 | 12.02 | -10.62 |
| 47. | Taparia Tools | 4.27 | 0.06 | 6.48 | 726.00 | 28.92 | 62.11 | 219.52 | 12.64 | 45.49 | 0.02 | 26.30 | 21.28 |
| Median: 47 Co. | 49.47 | 21.21 | 68.68 | 0.0 | 0.66 | 21.89 | 22.66 | 1.05 | 5.98 | 0.74 | 1.82 | -0.19 |