GROVER JEWELLS LIMITED Valuation

GJL · Consumer Durables · Current price ₹236

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DocStoX fair value
₹241
low confidence
Current price
₹236
Upside
+1.9%
P/E ratio
8.3x
P/B ratio
5.4x
Verdict
Fairly Valued
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Is GROVER JEWELLS LIMITED undervalued?

DocStoX estimates the fair value of GROVER JEWELLS LIMITED at ₹241 per share, versus the current market price of ₹236. That puts the stock about +1.9% below 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 (₹177), Relative P/E (₹433), Graham floor (₹123). 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 ₹123 (bear) to ₹241 (base) to ₹433 (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

GROVER JEWELLS LIMITED trades at a P/E of 8.3x and a P/B of 5.4x, with a dividend yield of 0.0%. 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 GROVER JEWELLS 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.