Fundamental analysis is a method of evaluating securities, such as stocks, by examining the intrinsic value of the underlying company. It involves analyzing various qualitative and quantitative factors to determine the financial health, growth prospects, and overall value of a company. Fundamental analysis aims to identify stocks that are either undervalued or overvalued in the market.
          
    Here are some key aspects of fundamental analysis in the share market: 

 1. Financial Statements: Fundamental analysis involves analyzing a company's financial statements, including the income statement, balance sheet, and cash flow statement. These statements provide insights into the company's revenue, expenses, assets, liabilities, and cash flows, helping investors assess its profitability, liquidity, and financial stability.

 2. Company Performance and Growth: Fundamental analysis evaluates a company's historical and projected growth rates, assessing factors such as revenue growth, earnings growth, and profit margins. It examines industry trends, competitive positioning, market share, and the company's ability to generate sustainable growth over time. 

 3. Valuation Measures: Fundamental analysis uses various valuation measures to assess whether a stock is overvalued or undervalued. 
Common valuation ratios include price-to-earnings ratio (P/E),
price-to-sales ratio (P/S), 
price-to-book ratio (P/B), 
and dividend yield. 
By comparing these ratios to industry averages or competitors, investors can determine whether a stock is priced attractively or not.

 4. Management and Corporate Governance: Fundamental analysis considers the quality and competence of a company's management team, their track record, and their strategic decision-making. It examines corporate governance practices, including board structure, transparency, and accountability, as these factors can impact a company's long-term success. 

 5. Economic and Industry Analysis: Fundamental analysis takes into account broader economic factors and industry trends that can influence a company's performance. This includes analyzing macroeconomic indicators, such as GDP growth, interest rates, and inflation, as well as industry-specific factors like supply and demand dynamics, regulatory changes, and technological advancements.

 6. Competitive Advantage and Moat: Fundamental analysis assesses a company's competitive advantage or "moat," which refers to its unique strengths that provide a sustainable competitive edge over rivals. Factors such as brand recognition, intellectual property, customer loyalty, economies of scale, and barriers to entry are considered in evaluating a company's ability to maintain its market position. Fundamental analysis is often used by long-term investors who aim to identify stocks with strong growth potential and solid underlying fundamentals. It requires a thorough understanding of financial statements, industry dynamics, and economic factors. 


However, it's important to note that fundamental analysis is just one approach to evaluating stocks, and investors may also use other methods, such as technical analysis or a combination of both, to make investment decisions.