The deal will value Shriram Finance at a post-money valuation of 1.9 times one-year forward estimated price-to-book value, which is significantly lower compared to its nearest peer Cholamandalam, which trades at over 4 times book.
The deal will value Shriram Finance at a post-money valuation of 1.9 times one-year forward estimated price-to-book value, which is significantly lower compared to its nearest peer Cholamandalam, which trades at over 4 times book.