EMERALD TYRE MANUF LTD Valuation
ETML · Automobile and Auto Components · Current price ₹80.4
Is EMERALD TYRE MANUF LTD undervalued?
DocStoX estimates the fair value of EMERALD TYRE MANUF LTD at ₹77 per share, versus the current market price of ₹80. That puts the stock about -4.5% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹55), Relative P/E (₹114), Graham floor (₹84). 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 ₹55 (bear) to ₹77 (base) to ₹114 (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
EMERALD TYRE MANUF LTD trades at a P/E of 15.2x and a P/B of 1.4x, with a dividend yield of 1.2%. 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 EMERALD TYRE MANUF 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.