THE HI-TECH GEARS LIMITED Valuation
HITECHGEAR · Automobile and Auto Components · Current price ₹569
Is THE HI-TECH GEARS LIMITED undervalued?
DocStoX estimates the fair value of THE HI-TECH GEARS LIMITED at ₹315 per share, versus the current market price of ₹569. That puts the stock about -44.7% 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 3 independent methods: Residual income (₹249), Relative P/E (₹492), Graham floor (₹264). 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 ₹249 (bear) to ₹315 (base) to ₹492 (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
THE HI-TECH GEARS LIMITED trades at a P/E of 51.0x and a P/B of 2.5x, with a dividend yield of 0.7%. 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 THE HI-TECH GEARS 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.

