I tried doing analysis of Andhra Bank stock. Let me know what more should i see and what am i missing/wrong in.
Andhra bank
Stock Price 169
Earning per Share Mar ’10 21.56
P/E Ratio 7.8
Equity Share Captial Mar’10 485.00Cr
Reserves Mar’10 3,925.04Cr
Return on Net Worth(%) Mar’10 23.71%
With these prospects ,i feel its a good buy for long term?
Please enlighten me with important point i missed here.I am doing analysis on a stock for first time.So help me with my mistakes.