| Company | SCBPL |
| Company Name | Stand.Chart.Bank |
| Avg EPS | 0.51 |
| Avg EPS FV | 3.61 |
| EPS | 0.95 |
| EPS FV | 6.79 |
| Current Price | 7.9 |
| Quarter | Year End |
| Div | 0.6 |
| Div FV | 4.29 |
| Avg Div | 0.15 |
| Avg Div FV | 1.07 |
| Avg | 5.69 |
| Upside | -27.97 |
| Div Yield | 7.59% |
| Book Value | 12.7 |
| P/E | 8.32 |
| P/BV | 0.62 |
| Sector | Banks |
Average yearly EPS (2007-2010) = Rs. 0.51
Fair Value based on above = Rs. 3.61
It is lower than the last closing share price, so no good for investment.
Last four quarters EPS = Rs. 0.95
Fair value based on above EPS = Rs. 6.79
Last closing price = Rs. 7.9
So still not good enough.
P/E = 8.32
Not good enough
Dividends distributed (per sahre) during last four quarters = Rs. 0.6
Fair value based on above = Rs. 4.29
Dividend Yield = 7.59%
Not bad
Still not good for value investors.
Average dividend paid = Rs. 0.15 (Since 60 paisa is the only dividend the bank has ever paid, the average dividend gets diluted when it is averaged over four years)
Fair value based on above = Rs. 1.07
Obviously should not have been worthy of an investment.
Book value = Rs. 12.7
First positive indicator.
P/BV = 0.62
Thumbs up
Average of fair values and BV = Rs 5.69
Still fails as an investment case.
Upside potential based on above = -27.97%
And that concludes the banks valuation case.
To summarize the above, the bank is no good (currently) for value investors.
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