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HARIOM PIPE INDUSTRIES L Valuation

HARIOMPIPE · Industrial Products · Current price ₹403.55

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DocStoX fair value
₹284
low confidence
Current price
₹404
Upside
-29.7%
P/E ratio
20.3x
P/B ratio
1.8x
Verdict
Expensive
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Opens pre-filled with HARIOM PIPE INDUSTRIES L's latest numbers.

Is HARIOM PIPE INDUSTRIES L undervalued?

DocStoX estimates the fair value of HARIOM PIPE INDUSTRIES L at ₹284 per share, versus the current market price of ₹404. That puts the stock about -29.7% 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 (₹201), Relative P/E (₹429), Graham floor (₹306). 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 ₹201 (bear) to ₹284 (base) to ₹429 (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

HARIOM PIPE INDUSTRIES L trades at a P/E of 20.3x and a P/B of 1.8x, with a dividend yield of 0.2%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

P/E RatioP/B RatioPEG RatioEarnings Yield

More on HARIOM PIPE INDUSTRIES L

Fair ValueIntrinsic ValueDCFFinancial RatiosPeers

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.