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Jigar Cables LtdBOM 540651 Stock Report

Last reporting period 31 Mar, 2024

Updated 01 Nov, 2024

Last price

Market cap $B

0.003

Micro

Exchange

XBOM - Bombay Stock Exchange

View Section: Eyestock Rating

Jigar Fair Value

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The fair market value of 540651.BO stock is 65.02 INR. Relative to the market price of 85.5 INR Jigar is overvalued by 24%

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 24%
65.02 INR
540651.BO Fair Value
85.5 INR
Market price of 540651.BO

Jigar Valuation

Current 540651.BO share ticker price is 85.5 INR.

The fair value level of 65.02 INR can be considered as an effective entry point for long-term investors to start investing in 540651.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 24% higher its fair value

Min value

Current price is 58% higher its minimum value

Max value

Current price is 67% lower its maximum value

05.11.2024

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.

540651.BO stock is overvalued

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

Jigar Cables 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

96.21

2

Median P/E over 5 years

43.8

3

Minimum P/E over 5 years

24.1

4

Earning per share (last 12 months)

1.48 INR

Maximum value

1

x

4

=

142.8 INR

Fair value

2

x

4

=

65.02 INR

Minimum value

3

x

4

=

35.77 INR

Jigar Cables Ltd price metrics

25.86

Annual return (geometric mean)

44.51

Risk (standard deviation) of returns

β

1.19

Beta (volatility compared to market)

It means that 540651.BO stock is more volatile than the broader market

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View Section: Profitability