In the graph, X-axis represents the years in to the future. Y-Axis represents the value. So, basically, with the current NAV, EPS and dividend payout, BRWN has a high book value but considering 20 years into the future, it's present value is ~Rs. 50/-. Ideally, if the whole line (representing the share) was above the current market price, it would be very attractive to majority of the investors.
However in my view, it's not that bad as some of the other shares (not shown here). On the other hand, there are more attractive shares as well.
BTW: I would like to get your view on this analysis technique.
Last edited by slstock on Mon Sep 16, 2013 3:08 pm; edited 1 time in total (Reason for editing : Hunter, I just started a new topic to recognize your work. Slstock)