Lumax Fair Value
LU
The fair market value of LUMAXIND.NS stock is 2418.1 INR. Relative to the market price of 2720 INR Lumax Industries is overvalued by 11.1%
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
Lumax Valuation
Current LUMAXIND.NS share ticker price is 2720 INR.
The fair value level of 2418.1 INR can be considered as an effective entry point for long-term investors to start investing in LUMAXIND.NS 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
Current market price
Current price is 11% higher its fair value
Current price is 49% higher its minimum value
Current price is 262% lower its maximum value
Market price:
LUMAXIND.NS stock is overvalued
It means the current price may concern as a Risky Entry Point
Lumax 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
82.76
2
Median P/E over 5 years
20.34
3
Minimum P/E over 5 years
11.56
4
Earning per share (last 12 months)
118.88 INR
Maximum value
1
x
4
=
9 838.51 INR
Fair value
2
x
4
=
2 418.1 INR
Minimum value
3
x
4
=
1 373.8 INR
Lumax Industries Ltd price metrics
17.2
Annual return (geometric mean)
41.3
Risk (standard deviation) of returns
β
0.6
Beta (volatility compared to market)