CDB is a gr8 company and from the reaserch I have done,
Company has declared EPS for quarter of Rs. 5.31 (Annualized EPS 21.24). Although this includes some mark to mark evaluations and if you even completely remove these investments it’s EPS for quarter of Rs. 2.4 is 45.45% increase to its last quarter EPS of Rs.1.64.
I could only see up to three quarterly earnings as only two financial statements out and the EPS for the 3 stands as Rs. 0.87, 1.65, 2.4 over 50% growth quarterly to quarterly with the least EPS accounted. The company has a Forward PE of 80/9.6= 7.5. This means the PEG Ratio for company stands at a mere 0.15 where 1 is the in line with market. So a HUGE undervalued share.
The sector PE ratio is also around over 20. This means even if you forget the huge growth the company is having you can see its trading at below half of its potential value with a mere 7.5 PE at worst case. OFC the value of this share goes up exponentially when you add in Mark to mark valued EPS of Rs. 5.31 per quarter. Also if I can remember right the singer finance that just enter the market in same sector have only Rs. 1.2 EPS annually while the share is trading at Rs50 now !!
Another thing to consider is that on the starting day of the share it went up to Rs.160 and settled down around Rs. 90 as I can see. (I was not in the market then). This means there are a huge number of people that bought this share really high.