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Meera Industries LtdBOM 540519 Stock Report

Last reporting period 31 Mar, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

0.01

Micro

Exchange

XBOM - Bombay Stock Exchange

View Section: Eyestock Rating

Meera Fair Value

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The fair market value of 540519.BO stock is 47.25 INR. Relative to the market price of 87.17 INR Meera is overvalued by 45.8%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 45.8%
47.25 INR
540519.BO Fair Value
87.17 INR
Market price of 540519.BO

Meera Valuation

Current 540519.BO share ticker price is 87.17 INR.

The fair value level of 47.25 INR can be considered as an effective entry point for long-term investors to start investing in 540519.BO stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 46% higher its fair value

Min value

Current price is 55% higher its minimum value

Max value

Current price is 26634% lower its maximum value

07.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

540519.BO stock is overvalued

It means the current price may concern as a Risky Entry Point

Meera Industries Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

17175.12

2

Median P/E over 5 years

34.82

3

Minimum P/E over 5 years

28.7

4

Earning per share (last 12 months)

1.36 INR

Maximum value

1

x

4

=

23 304.44 INR

Fair value

2

x

4

=

47.25 INR

Minimum value

3

x

4

=

38.94 INR

Meera Industries Ltd price metrics

7.52

Annual return (geometric mean)

64.82

Risk (standard deviation) of returns

β

0.27

Beta (volatility compared to market)

It means that 540519.BO stock is less volatile than the broader market

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View Section: Profitability