China Leadshine Fair Value
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The fair market value of 002979.SZ stock is 23.62 CNY. Relative to the market price of 31.17 CNY China Leadshine is overvalued by 24.2%
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
China Leadshine Valuation
Current 002979.SZ share ticker price is 31.17 CNY.
The fair value level of 23.62 CNY can be considered as an effective entry point for long-term investors to start investing in 002979.SZ 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 24% higher its fair value
Current price is 45% higher its minimum value
Current price is 6% higher its maximum value
Market price:
002979.SZ stock is greatly overvalued
It means the current price may concern as a High Risk Entry Point
China Leadshine Technology Co 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
44.91
2
Median P/E over 5 years
36.13
3
Minimum P/E over 5 years
26.29
4
Earning per share (last 12 months)
0.65 CNY
Maximum value
1
x
4
=
29.36 CNY
Fair value
2
x
4
=
23.62 CNY
Minimum value
3
x
4
=
17.19 CNY
China Leadshine Technology Co Ltd price metrics
27.39
Annual return (geometric mean)
50.32
Risk (standard deviation) of returns
β
1.49
Beta (volatility compared to market)