for the quater ended 31st dec 2010
EPS = 0.2
for the quater ended 31st dec 2009
EPS = 0.03
Look at the EPS growth
assume as a minmum value company will stay the same earning .
Forward annualized EPS =0.2*4
Price 0.2 *4 * 15 =12 LKR
taking a PER of 15 a very undervalued PER considering CSE PE above 20.
so even at 12 LKR GLAS is undervalued .
Please note this is calucalation is done by me for my personal study of the share .Please use your judgment and research well before any decision .
Good Luck All Investors...
Last edited by SLMarketWatch on Thu Feb 24, 2011 1:18 pm; edited 3 times in total