SSE: 1635 - Shanghai Dazhong Public Utilities(Group) Co.,Ltd.

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — 关键利率
Excess Key Rate — 期望超出关键利率
EPS = 0.1
CAGR EPS = 0%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 0.1 * (1 + 0%) / (0.0433 * 2) = 1.15