VIT was floated on an FY16 PE of 19.0x underlying NPAT.
Its closest peers are Blackmores (BKL) trading on 38.2x and Bellamy's (BAL) on 37.0x.
At a price of 2.55 PE23X FY16
At a price of 2.60 PE23.5
At a price of 2.65 PE23.9X
At a price of 2.70 PE24.4X
At a price of 2.75 PE24.8X
At a price of 2.80 PE25.3X
At a price of 2.90 PE26.2X
At a price of 3 PE 27.1X
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Vitaco IPO, page-160
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