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2- The cumulative net profit of a company traded in BIST is given below. Net Profit/ (Cumulative) 09/2019 494 192 299 TL 03/2020 - 112

2- The cumulative net profit of a company traded in BIST is given below.

Net Profit/ (Cumulative)

09/2019 494 192 299 TL 03/2020 - 112 936 945 TL

12/2019 502 247 817 TL 06/2020 - 97 237 576 TL

09/2020 645 167 863 TL

This company is now trading at 62 TL per share in Borsa Istanbul. Share Capital is 102 272 000 TL. Calculate P/E multiple of this stock. If the average P/E ratio of comparable firms in the same industry is 7, would you invest in this stock, is it overvalued or undervalued? Calculate expected price per share.

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