Nifty Wealth Destroyers

In course of analyzing Nifty, its component’s SMA (Simple moving average), trailing 12 months EPS & book value, I found 11 Companies are wealth destroyer in the sense that they earn less than 10% yearly basis which is being available from putting one’s wealth with a Bank.   Surprisingly but for Reliance Comm, Hindalco & Reliance Infrastructure, all are quoting over their book value.

Bluest of blue chips & darling of FII HDFC Ltd. Is among these wealth destroyer ; P/E ratio being 25+ & Price: book value being 2+

Price	Company Name	12 TEPS	Book value	P/E Ratio	RONW
677.85	BPCL	-47.47	424.60	Negative	Negative
499.80	Ranbaxy Labs	-68.72	132.48	Negative	Negative
103.20	Tata Power	0.36	59.11	286.67	0.61
84.40	Reliance Comm	3.70	196.22	22.81	1.89
114.85	Reliance Power	2.94	60.01	39.06	4.90
197.90	DLF	7.91	154.89	25.02	5.11
77.35	Jaiprakash Asso	3.48	49.74	22.23	7.00
124.85	Hindalco	12.03	151.56	10.38	7.94
546.00	Reliance Infra	69.81	877.07	7.82	7.96
679.00	HDFC	26.66	318.72	25.47	8.36
93.55	SAIL	8.47	91.04	11.04	9.30