Today I noticed that Tata power has high P/E ratio than industry value but it has 60 percent less price than fair value. how is this possible? As per P/E ratio share price is already over valued but as per fair price it is under valued. Why there is contrast here? And what does this mean?
Are you talking about Tata Motors? I can't say what it is specifically, but maybe it is because Tata Motors is in a different market, the Indian one, that maybe the industry average doesn't hold so much.