HLE GLASCOAT LIMITED Valuation
HLEGLAS · Capital Goods · Current price ₹316
Is HLE GLASCOAT LIMITED undervalued?
DocStoX estimates the fair value of HLE GLASCOAT LIMITED at ₹174 per share, versus the current market price of ₹316. That puts the stock about -45.0% 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 (₹72), Relative P/E (₹412), Graham floor (₹111). 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 ₹72 (bear) to ₹174 (base) to ₹412 (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
HLE GLASCOAT LIMITED trades at a P/E of 44.4x and a P/B of 5.1x, with a dividend yield of 0.3%. 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 HLE GLASCOAT 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.

