ASIAN PAINTS LIMITED Fair Value
ASIANPAINT · Consumer Durables · Current price ₹2,516.8
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹389 | 22% ROE fading to 12% over ~20 yrs, on ₹223 book |
| Relative P/E | ₹1,580 | EPS × 35.0 peer-median P/E |
| Graham floor | ₹476 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹2,999 | Street consensus 12-month target price |
Is ASIAN PAINTS LIMITED undervalued?
DocStoX estimates the fair value of ASIAN PAINTS LIMITED at ₹1,143 per share, versus the current market price of ₹2,517. That puts the stock about -54.6% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹389), Relative P/E (₹1,580), Graham floor (₹476), Analyst target (₹2,999). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹389 (bear) to ₹1,143 (base) to ₹2,999 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on ASIAN PAINTS LIMITED
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

