CFVF has recorded a EPS of 9.23 for the year ended 31st march 2011, which is 44% increase when compared to last financial year.
They have Net asset value of Rs.14.97
When coparing with sector PE of 17, the share can be valued about Rs. 153 but they were able to increase their profit due to the reversal of over-provision of taxation.
If not their EPS would be about Rs.6. which gives a PE of 4 to the company (Current market value is Rs.22), which is 76% undervalue when comparing to the sector PE of 17.
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