@Teller wrote:Dont do the valuation based on the Net asset value for a share. There is a formula along with cashfolw. Thats scientific formula says nearly 80% companies are over value in CSE
Yes, I dont use only Net Assets, but if a share price is below 10 times Price Earnings and also that multiplication is below its Net assets value, I consider that share is undervalued..(Actually many Other share marjets have a PE 15 or above, whereas ours is still at PE 11) there are many other futuristic scenarios also. BUT Net Assets combined with Earnings into 10 is the best, I guess.