They produce Both Tea and Rubber which stabilize their future earnings.
Current Market Price = 60
NAV = 84.5
EPS for 1st quarter = 7.52
Estimated EPS Annualized = Rs 30 (7.52*4)
P/E = 60/30 = 2
According to sectors P/E, Most of the plantation company trade above 3time PE.This should trade above Rs.120