Zhongji Fair Value
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The fair market value of 300308.SZ stock is 141.6 CNY. Relative to the market price of 144.9 CNY Zhongji is overvalued by 2.3%
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
Zhongji Valuation
Current 300308.SZ share ticker price is 144.9 CNY.
The fair value level of 141.6 CNY can be considered as an effective entry point for long-term investors to start investing in 300308.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 2% higher its fair value
Current price is 39% higher its minimum value
Current price is 62% lower its maximum value
Market price:
300308.SZ stock is overvalued
It means the current price may concern as a Risky Entry Point
Zhongji Innolight 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
67.22
2
Median P/E over 5 years
40.58
3
Minimum P/E over 5 years
25.22
4
Earning per share (last 12 months)
3.49 CNY
Maximum value
1
x
4
=
234.56 CNY
Fair value
2
x
4
=
141.6 CNY
Minimum value
3
x
4
=
87.99 CNY
Zhongji Innolight Co Ltd price metrics
35.23
Annual return (geometric mean)
53.79
Risk (standard deviation) of returns
β
1.34
Beta (volatility compared to market)