BAJEL PROJECTS LIMITED Fair Value
BAJEL · Capital Goods · Current price ₹186.3
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹57 | 4% ROE fading to 13% over ~3 yrs, on ₹65 book |
| Relative P/E | ₹63 | EPS × 35.8 peer-median P/E |
| Graham floor | ₹50 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹280 | Street consensus 12-month target price |
Is BAJEL PROJECTS LIMITED undervalued?
DocStoX estimates the fair value of BAJEL PROJECTS LIMITED at ₹98 per share, versus the current market price of ₹186. That puts the stock about -47.7% 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 (₹57), Relative P/E (₹63), Graham floor (₹50), Analyst target (₹280). 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 ₹50 (bear) to ₹98 (base) to ₹280 (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 BAJEL PROJECTS 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.

