Astral vs Prince Pipes and Fittings Which Is a Smarter Choice?
Astral Pipes and Fittings and Prince Pipes and Fittings are both well-known players in the plumbing and piping industry in India. Astral Pipes has been a market leader with a strong presence in both domestic and international markets. On the other hand, Prince Pipes has also emerged as a formidable competitor with a wide range of products and innovative solutions. Both companies have shown consistent growth and profitability, making them attractive options for investors looking to capitalize on the booming construction and infrastructure sectors in the country.
Astral or Prince Pipes and Fittings?
When comparing Astral and Prince Pipes and Fittings, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Astral and Prince Pipes and Fittings.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Astral has a dividend yield of 0.2%, while Prince Pipes and Fittings has a dividend yield of 0.24%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Astral reports a 5-year dividend growth of 41.98% year and a payout ratio of 0.00%. On the other hand, Prince Pipes and Fittings reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Astral P/E ratio at 93.64 and Prince Pipes and Fittings's P/E ratio at 35.54. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Astral P/B ratio is 14.61 while Prince Pipes and Fittings's P/B ratio is 2.98.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Astral has seen a 5-year revenue growth of 1.25%, while Prince Pipes and Fittings's is 0.33%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Astral's ROE at 16.27% and Prince Pipes and Fittings's ROE at 8.62%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ₹1788.50 for Astral and ₹419.00 for Prince Pipes and Fittings. Over the past year, Astral's prices ranged from ₹1695.50 to ₹2454.00, with a yearly change of 44.74%. Prince Pipes and Fittings's prices fluctuated between ₹418.65 and ₹776.00, with a yearly change of 85.36%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.