CONFIDENCE PETRO IND LTD. Valuation
CONFIPET · Oil, Gas & Consumable Fuels · Current price ₹83.23
Is CONFIDENCE PETRO IND LTD. undervalued?
DocStoX estimates the fair value of CONFIDENCE PETRO IND LTD. at ₹57 per share, versus the current market price of ₹83. That puts the stock about -31.3% above 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 (₹39), Relative P/E (₹98), Graham floor (₹52). 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 ₹39 (bear) to ₹57 (base) to ₹98 (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
CONFIDENCE PETRO IND LTD. trades at a P/E of 29.7x and a P/B of 1.8x, with a dividend yield of 0.1%. 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 CONFIDENCE PETRO IND 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.