The annualized EPS is Rs. 23.02 and it's trading at Rs.60 now. Therefore PE is 2.6 times.
This is the most undervalued share at CSE now. The NAV is Rs. 42.20.
ESL is worth minimum Rs.90/=.
"The Earnings Per Share (EPS) on an annualised basis increased to Rs. 23.02 against Rs. 8.32 of previous year resulting an increased Net Assets Per Share value of Rs 42.20
as at 30th September 2014. The overall optimism was reflected in the Company’s share price, as the market price increased from Rs 22.80 as at 30th June 2014 to
Rs. 55.10 as at 30th September 2014"
http://cse.lk/cmt/upload_report_file/1105_1415935573499.pdf
ESL is too good to miss I think