ENGINEERS INDIA LTD Valuation

ENGINERSIN · Construction · Current price ₹276.85

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DocStoX fair value
₹201
low confidence
Current price
₹277
Upside
-27.5%
P/E ratio
22.5x
P/B ratio
4.2x
Verdict
Avoid
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Is ENGINEERS INDIA LTD undervalued?

DocStoX estimates the fair value of ENGINEERS INDIA LTD at ₹201 per share, versus the current market price of ₹277. That puts the stock about -27.5% 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 (₹88), Relative P/E (₹402), Graham floor (₹124), Analyst target (₹287). 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 ₹88 (bear) to ₹201 (base) to ₹402 (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

ENGINEERS INDIA LTD trades at a P/E of 22.5x and a P/B of 4.2x, with a dividend yield of 2.0%. 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 ENGINEERS INDIA 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.