GRINDWELL NORTON LIMITED Valuation

GRINDWELL · Capital Goods · Current price ₹1,980

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DocStoX fair value
₹1,073
low confidence
Current price
₹1,980
Upside
-45.8%
P/E ratio
52.7x
P/B ratio
9.5x
Verdict
Avoid
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Is GRINDWELL NORTON LIMITED undervalued?

DocStoX estimates the fair value of GRINDWELL NORTON LIMITED at ₹1,073 per share, versus the current market price of ₹1,980. That puts the stock about -45.8% 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 (₹272), Relative P/E (₹2,173), Graham floor (₹440), Analyst target (₹2,169). 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 ₹272 (bear) to ₹1,073 (base) to ₹2,173 (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

GRINDWELL NORTON LIMITED trades at a P/E of 52.7x and a P/B of 9.5x, with a dividend yield of 0.9%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

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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.