Quality things are almost always expensive.
Besides, if you have read a post of Bakshi, where he mention how investing Nestle at its peak valuation, still gives decent return in long run. So, the lesson for me from the above article is to just invest in quality/branded/consumption themed play at right price, and do nothing. Doing nothing is an excellent, but under appreciated strategy. People have forgotten this lesson in Page, and have gotten out of it, and hence could not reap the full compounding benefit.
Just enjoy the ride in eps/price/brand/business for next 5-10 yrs is the strategy for me when come to astral/cera. I have no plan to sell them unless they become extremely over-valued (and feel better return expectation in non-equity side like real estate in next 4-5 yr), and I see they are far far away from the extreme over-valuation range.
[Disc: Astral/Cera are 25% of my pf]