The is price 53.07. Please provide Step by step response for better understanding using the constant growth rate model to calculate the intrinsic (economic) of the stock?

2.88% 7.50% Rm Beta 1.51 CAPM Re Rf+Beta*(Rm- Rf) 9.86% 2018 Re 2017 Income Equity 1,454,000 ROE Payout ratio 43.45% 8,630,000 7,957,000 4,333,000 183.64% 593.54% SGR 335.64% 593.54*(-43.45%) Price Dividend(1+growth) (Re-Growth) Year 2018 2017 2016 2015 Dividend 4.12 3.56 2.76 2.36 Dividend growth 15.73% 28.99% 16.95% Average 20.55% Forward expected dividend 4.2 Dividend growth 1 .94% Price 53.07 Current price is 175.96 Since current market price is more than 53.07, the stock seems overvalued