HARSHA ENGINEERS INT LTD Valuation

HARSHA · Industrial Products · Current price ₹419.9

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DocStoX fair value
₹378
low confidence
Current price
₹420
Upside
-10.0%
P/E ratio
24.6x
P/B ratio
2.7x
Verdict
Fairly Valued
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Is HARSHA ENGINEERS INT LTD undervalued?

DocStoX estimates the fair value of HARSHA ENGINEERS INT LTD at ₹378 per share, versus the current market price of ₹420. That puts the stock about -10.0% 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 (₹154), Relative P/E (₹900), Graham floor (₹243). 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 ₹154 (bear) to ₹378 (base) to ₹900 (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

HARSHA ENGINEERS INT LTD trades at a P/E of 24.6x and a P/B of 2.7x, with a dividend yield of 0.4%. 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 HARSHA ENGINEERS INT 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.