CEMINDIA PROJECTS LIMITED Fair Value
CEMPRO · Construction · Current price ₹1,241.5
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹170 | 28% ROE fading to 13% over ~3 yrs, on ₹140 book |
| Relative P/E | ₹1,136 | EPS × 32.7 peer-median P/E |
| Graham floor | ₹331 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹1,461 | Street consensus 12-month target price |
Is CEMINDIA PROJECTS LIMITED undervalued?
DocStoX estimates the fair value of CEMINDIA PROJECTS LIMITED at ₹645 per share, versus the current market price of ₹1,242. That puts the stock about -48.0% 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 (₹170), Relative P/E (₹1,136), Graham floor (₹331), Analyst target (₹1,461). 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 ₹170 (bear) to ₹645 (base) to ₹1,461 (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 CEMINDIA 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.

