CHENNAI PETROLEUM CORP LT Valuation
CHENNPETRO · Oil, Gas & Consumable Fuels · Current price ₹1,400.2
Is CHENNAI PETROLEUM CORP LT undervalued?
DocStoX estimates the fair value of CHENNAI PETROLEUM CORP LT at ₹1,648 per share, versus the current market price of ₹1,400. That puts the stock about +17.7% below our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is medium.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹1,562), Relative P/E (₹1,975), Graham floor (₹1,870), Analyst target (₹1,195). 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 ₹1,195 (bear) to ₹1,648 (base) to ₹1,975 (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
CHENNAI PETROLEUM CORP LT trades at a P/E of 6.7x and a P/B of 1.5x, with a dividend yield of 4.6%. 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 CHENNAI PETROLEUM CORP LT
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.

