BAJAJ STEEL INDS. LTD. Valuation

BAJAJST · Capital Goods · Current price ₹351.95

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DocStoX fair value
₹445
low confidence
Current price
₹352
Upside
+26.4%
P/E ratio
19.8x
P/B ratio
2.0x
Verdict
Expensive
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Is BAJAJ STEEL INDS. LTD. undervalued?

DocStoX estimates the fair value of BAJAJ STEEL INDS. LTD. at ₹445 per share, versus the current market price of ₹352. That puts the stock about +26.4% below our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹198), Relative P/E (₹1,028), Graham floor (₹285). 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 ₹198 (bear) to ₹445 (base) to ₹1,028 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Valuation multiples

BAJAJ STEEL INDS. LTD. trades at a P/E of 19.8x and a P/B of 2.0x, with a dividend yield of 0.3%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

More on BAJAJ STEEL INDS. LTD.

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.