India Pakistan Comparison 2010

[Hutchroy]

Self Deleted

 

[Hutchroy]

India’s Mobile Phones – Toilets Gap Widens – Figures for 31-03-2010

Total Telephone subscriber base.……..: 621.28 Million

Wireless subscription…………………........: 584.32 Million

New additions in wireless March 2010.:...20.31 Million

 

[RiazHaq]

India’s Mobile Phones – Toilets Gap Widens – Figures for 31-03-2010

Total Telephone subscriber base.……..: 621.28 Million

Wireless subscription…………………........: 584.32 Million

New additions in wireless March 2010.:...20.31 Million

Even though there are a lot more cell phones than toilets in India, India still lags behind its neighbors in terms of cell phones.

Cell phone penetration is only 45% vs 53% in China and 65% in Pakistan.

Regional Focus Asia Pacific the worlds largest mobile phone market > Euromonitor archive

 

[Hutchroy]

Even though there are a lot more cell phones than toilets in India, India still lags behind its neighbors in terms of cell phones.

Cell phone penetration is only 45% vs 53% in China and 65% in Pakistan.

Regional Focus Asia Pacific the worlds largest mobile phone market > Euromonitor archive

Wake Up!

India's Teledensity is now 52.74% as per following Link :

http://www.trai.gov.in/WriteReadData/trai/upload/PressReleases/732/pr26apr10no20.pdf

Also check the following Link :

http://www.trai.gov.in/WriteReadData/trai/upload/PressReleases/671/pr21apr09no38.pdf

With this growth, the overall tele-density has reached 36.98 at the end of March 2009

As such within One Year the Teledensity has increased by 15.76 Per Cent.

Thus, let us wait for another year or so!

It is OK to "REMOVE" the Link to my post(s) but hey then you have already lost it!

 

[Hutchroy]

FIFTY SIX INDIAN COMPANIES IN FORBES GLOBAL 2000

Reliance Industries : Market Value : US Dollars 69.36 Billion

Foreign investment at KSE highest since 2008

April 28, 2010

Karachi: Foreign portfolio investment in the Karachi Stock Exchange reached its highest level since July 2008, according to JS Global Capital.

“Foreign investors … now hold equities worth $2.3 billion, which constitutes 6.6% of total market capitalisation,” said Syed Atif Zafar, analyst at JS Global in a note issued to clients on Tuesday. The total market capitalisation of the KSE, or the total value of all stocks listed on the exchange, was equal to $35.6 billion as of the close of trading on Tuesday. The free float market cap, or the total value of shares actually available for trading (i.e. not held by the original owners) was equal to $8.7 billion.

Comparison : Reliance Industries Market Value is nearly twice the value of all stocks listed on the Karachi Stock Exchange!

 

[RiazHaq]

FIFTY SIX INDIAN COMPANIES IN FORBES GLOBAL 2000

Reliance Industries : Market Value : US Dollars 69.36 Billion

Foreign investment at KSE highest since 2008



Comparison : Reliance Industries Market Value is nearly twice the value of all stocks listed on the Karachi Stock Exchange!

With the market cap about the same as India's GDP, Indian stocks are overvalued, and a bubble waiting to burst.

OTOH, KSE shares have a lot of room to grow. The KSE market cap is a fraction of Pak GDP, and its shares trade at half of the PE ratios in Mumbai.

 

[EyelessInGaza]

With the market cap about the same as India's GDP, Indian stocks are overvalued, and a bubble waiting to burst.

Are you saying all Indian stock values are equal to India's GDP? Fascinating. Do you have a link?

OTOH, KSE shares have a lot of room to grow. The KSE market cap is a fraction of Pak GDP, and its shares trade at half of the PE ratios in Mumbai.

PE ratios are a function of earnings, past, current but mostly future, so there's no point in comparing them across countries because in theory the future expected earnings in Mumbai could be much higher than Karachi. There's a reason why P/E ratios are higher across countries..of course there's always a case that a bubble may burst, but that does not discount fundamentals.

Which is the reason the Reliance versus KSE mcap argument is powerful. It takes into account earnings, liquidity(in a macro sense), and economic impact.

 

[RiazHaq]

Are you saying all Indian stock values are equal to India's GDP? Fascinating. Do you have a link?



PE ratios are a function of earnings, past, current but mostly future, so there's no point in comparing them across countries because in theory the future expected earnings in Mumbai could be much higher than Karachi. There's a reason why P/E ratios are higher across countries..of course there's always a case that a bubble may burst, but that does not discount fundamentals.

Which is the reason the Reliance versus KSE mcap argument is powerful. It takes into account earnings, liquidity(in a macro sense), and economic impact.

I am talking about forward PE ratios used by analysts.

As to the other data such as market cap and GDP, there are plenty of sources for that. Google it.

 

[SHAMK9]

Bovine poop at best .If I was a pakistani I would not have posted that article for the fear of becoming a laughing stock.More looks like a rant than an analysis at best.He forgets to mention bombs popping in the middle of mosques and processions.Any way I highly doubt the metrics and the authors credentials at best

shut ur big indian mouth u freakin creaps

 

[karan.1970]

With the market cap about the same as India's GDP, Indian stocks are overvalued, and a bubble waiting to burst.

OTOH, KSE shares have a lot of room to grow. The KSE market cap is a fraction of Pak GDP, and its shares trade at half of the PE ratios in Mumbai.

Just having headroom does not imply scope to grow..The growth is dependent on a lot of other factors including the confidence rest of the world has in those financial markets. While I agree that KSE stocks are oversold at this time, unlike Indian markets, the FII investment in the Pakistan stock markets is still negative for 2009-2010. This means the world is still taking money out of Pakistan markets instead ot pumping it in.. Till that global confidence comes back (not in terms of statements but in terms of actual money inflows), it will be tough for KSE to perform well....

The same way, the fact that India's Market cap is close to GDP value does not mean over pricing, since P/E valuations are based on forward earnings and with GDP expected to grow at 8-10%, the GDP is set to double in next 8 years. And the confidence of the invester community (local and foreign) to meet those growth targets is reflected in the market cap..

 

[RiazHaq]

Double digit growth rates are not given for any country. There are known risks of social upheaval, insurgencies, violence, conflict, etc.

In terms of growth risks among BRIC+N11 nations, Goldman Sachs ranks India low at #9, lowest among BRICs, and Pakistan at #14.

Overall, India's risks are pretty high, ranking it at #97 among 170 countries.

London-based Maplecroft terror risk index based on 2009 data ranks Iraq first, Afghanistan second, with Pakistan and Somalia third and fourth respectively. They are rated at extreme risk along with Lebanon 5, India 6, Algeria 7, Colombia 8 and Thailand 9, according to Reuters.

http://www2.goldmansachs.com/ideas/brics/book/BRICs-Chapter6.pdf

http://www.riazhaq.com/2010/04/bric-chinindia-and-indian-miracle.html

 

[mrwarrior006]

isnt this thread about INDIA and PAKISTAN

how come INDIA is being compared with many countries rather than pakistan most of times

 

[RiazHaq]

isnt this thread about INDIA and PAKISTAN

how come INDIA is being compared with many countries rather than pakistan most of times

Every country is being compared with the rest of the countries of the world in international rankings. Goldman's Jim O'Neil dreamed up BRIC, but he also coined N11, a group of 11 nations that include Pakistan.

Here's an Indian-American professor at UC comparing India with Pakistan and many other nations:

Consider what India’s citizens get for exercising their electoral power. In the 2005 Governance Indicators of the World Bank, India is in the 47th percentile in “control of corruption”, and in the Corruption Perceptions Index of Transparency International from 2002, India is tied for 88th place with countries such as Benin, Mali and Tanzania. Governance also affects the ease of doing business and the overall business environment. The World Bank undertakes a comprehensive annual exercise on the ease of doing business in a large number of countries. In the latest exercise, India ranks only 122nd out of 180 countries, well below China (83), Pakistan (77) and Mexico (56), though similar to Russia and Brazil.

In a more contentious exercise, India was recently ranked 115th out of 157 countries in the 2008 Index of Economic Freedom (IEF), produced by the Heritage Foundation and The Wall Street Journal. IEF is broader than, and encompasses, the World Bank’s Doing Business rankings. While the producers of IEF tout it as an indicator of economic potential, it may not be that accurate. China does worse than India on IEF, but has grown consistently faster, and is much richer. Perhaps a better measure of India’s standing is how well off its citizens are, in terms of a range of human needs. The United Nations’ Human Development Index (HDI) uses life expectancy, literacy and education measures, along with per capita incomes, to measure well-being. India ranks only 128th out of 177 countries on that measure. Unsurprisingly, perhaps, HDI and IEF are strongly positively correlated. Strikingly, though, China does much better on HDI, ranking 81st. Setting aside China’s income advantage, the biggest difference in components between the two countries comes in life expectancy and literacy, more so than education.

Ranking India - Columns - livemint.com

 

[JonAsad]

Every country is being compared with the rest of the countries of the world in international rankings. Goldman's Jim O'Neil dreamed up BRIC, but he also coined N11, a group of 11 nations that include Pakistan.

Here's an Indian-American professor at UC comparing India with Pakistan and many other nations:

Consider what India’s citizens get for exercising their electoral power. In the 2005 Governance Indicators of the World Bank, India is in the 47th percentile in “control of corruption”, and in the Corruption Perceptions Index of Transparency International from 2002, India is tied for 88th place with countries such as Benin, Mali and Tanzania. Governance also affects the ease of doing business and the overall business environment. The World Bank undertakes a comprehensive annual exercise on the ease of doing business in a large number of countries. In the latest exercise, India ranks only 122nd out of 180 countries, well below China (83), Pakistan (77) and Mexico (56), though similar to Russia and Brazil.

In a more contentious exercise, India was recently ranked 115th out of 157 countries in the 2008 Index of Economic Freedom (IEF), produced by the Heritage Foundation and The Wall Street Journal. IEF is broader than, and encompasses, the World Bank’s Doing Business rankings. While the producers of IEF tout it as an indicator of economic potential, it may not be that accurate. China does worse than India on IEF, but has grown consistently faster, and is much richer. Perhaps a better measure of India’s standing is how well off its citizens are, in terms of a range of human needs. The United Nations’ Human Development Index (HDI) uses life expectancy, literacy and education measures, along with per capita incomes, to measure well-being. India ranks only 128th out of 177 countries on that measure. Unsurprisingly, perhaps, HDI and IEF are strongly positively correlated. Strikingly, though, China does much better on HDI, ranking 81st. Setting aside China’s income advantage, the biggest difference in components between the two countries comes in life expectancy and literacy, more so than education.

Ranking India - Columns - livemint.com

These type of articles indians dont bother to read.. they just read few lines and come with hilarious excuses.

 

[mrwarrior006]

@jonasad

These type of articles indians dont bother to read.. they just read few lines and come with hilarious excuses.

this article itself was written by indian american proffessor

and u might be surprised to know INDIAN gov doesnt hide the facts

according to GOI india is wat it is
u wanna invest invest or dont simple as tat