Hindustan Hardy Ltd Valuation

HINDHARD · Automobiles · Current price ₹696.15

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DocStoX fair value
₹574
low confidence
Current price
₹696
Upside
-17.6%
P/E ratio
15.8x
P/B ratio
2.8x
Verdict
Fairly Valued
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Is Hindustan Hardy Ltd undervalued?

DocStoX estimates the fair value of Hindustan Hardy Ltd at ₹574 per share, versus the current market price of ₹696. That puts the stock about -17.6% 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 (₹379), Relative P/E (₹1,127), Graham floor (₹390). 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 ₹379 (bear) to ₹574 (base) to ₹1,127 (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

Hindustan Hardy Ltd trades at a P/E of 15.8x and a P/B of 2.8x, 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 Hindustan Hardy 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.