How we can calculate the fare value of any stock?

Hi,

How we can calculate the fare value or fare price of any stock.

Thanks
Mahesh

To me fair value has two connotations:

1: Fair value assigned by market:
Strongly recommend reading wealth of info explained in most simplistic way.

http://www.valuepickr.com/basics/stock-analysis-valuation-frameworks/stock-valuation-learn-how-to-value-a-stock/

    1. Intrinsic value: trying to find deep down true worth. Propogated by Gurus. Ben Graham provided a mathematical framework. (Recommend some reading on how to adjust that for current time/Indian context)

T@run