Ningbo Ronbay Fair Value
68
The fair market value of 688005.SS stock is 171.72 CNY. Relative to the market price of 27.28 CNY Ningbo Ronbay is undervalued by 529.5%
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
Ningbo Ronbay Valuation
Current 688005.SS share ticker price is 27.28 CNY.
The fair value level of 171.72 CNY can be considered as an effective entry point for long-term investors to start investing in 688005.SS 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 529% lower its fair value
Current price is 93% lower its minimum value
Current price is 1322% lower its maximum value
Market price:
688005.SS stock is greatly undervalued
It means the current price may concern as a Low Risk Entry Point
Ningbo Ronbay New Energy 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
168.74
2
Median P/E over 5 years
74.69
3
Minimum P/E over 5 years
22.91
4
Earning per share (last 12 months)
2.3 CNY
Maximum value
1
x
4
=
387.92 CNY
Fair value
2
x
4
=
171.72 CNY
Minimum value
3
x
4
=
52.66 CNY
Ningbo Ronbay New Energy Technology Co Ltd price metrics
-5.0
Annual return (geometric mean)
64.3
Risk (standard deviation) of returns
β
1.9
Beta (volatility compared to market)