Does Your Company Have an India Strategy?

At the end of financial year 2022, the price-to-book ratio for the European consumer products giant Unilever PLC stood at six. The same number for its subsidiary in India, Hindustan Unilever, was twice that, at twelve. This difference is not because the Indian subsidiary is a young or small company — on the contrary, the Indian subsidiary is a 90-year-old company with a market cap of $76 billion. Nor is this an isolated instance.

Nestle SA, the world’s largest food and beverage company giant based out of Switzerland, has a P/B ratio of six, while its subsidiary in India has a whopping 82; 3M USA has a P/B of 4.2, its Indian subsidiary has a P/B of 12.7; the German parent of BASF, a global leader in speciality chemicals, has a P/B ratio of just one, its Indian subsidiary has four; the German parent of Siemens, a heavy industry leader, has a P/B ratio of two, its Indian subsidiary has ten.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sony Music’s Distribution Company AWAL Launches in India and South AsiaSony Music-owned music distribution company AWAL has launched in India and South Asia, following the acquisition of OKListen, a digital music platform for independent artists and record labels. Bas…
Source: Variety - 🏆 108. / 63 Read more »

'The Results Are In': Maury Povich Announces At-Home Paternity Test Kit CompanyPovich, who retired from his talk show 'Maury' last year, said the company's at-home tests 'can unite families after a long period of time.'
Source: HuffPostWomen - 🏆 27. / 68 Read more »

Utah drink company aims to fight obesity, diabetesJon Pierre Francia, founder of the Utah-based restaurant Sweeto Burrito, has launched an apple cider vinegar-based lemonade to help fight obesity, diabetes and other chronic health issues.
Source: KSLcom - 🏆 549. / 51 Read more »

Why Forrest Gump's Shrimp Company Exists In Real-Life: True Story ExplainedForrest Gump has had such a massive cultural impact since coming out in 1994 that a real-life Bubba Gump Shrimp Company has gone into operation.
Source: screenrant - 🏆 7. / 94 Read more »

LA Starbucks employees join nationwide strike in response to Pride policy; company calls it a tacticStarbucks employees in some L.A. locations and across the country went on strike on Sunday due to managers removing Pride items without explanation.
Source: ABC7 - 🏆 67. / 68 Read more »

Jets’ Garrett Wilson ready to rise to ‘high expectations’ among elite wideout companyGarrett Wilson hosts football camp for 300 children at The Peddie School this week. Aaron Rodgers says he could be the best receiver in the league this year.
Source: nypost - 🏆 91. / 67 Read more »