HP ADHESIVES LIMITED Valuation
HPAL · Chemicals · Current price ₹35.35
Is HP ADHESIVES LIMITED undervalued?
DocStoX estimates the fair value of HP ADHESIVES LIMITED at ₹23 per share, versus the current market price of ₹35. That puts the stock about -36.0% 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 (₹18), Relative P/E (₹36), Graham floor (₹18). 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 ₹18 (bear) to ₹23 (base) to ₹36 (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
HP ADHESIVES LIMITED trades at a P/E of 47.1x and a P/B of 1.7x, with a dividend yield of 1.2%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.
Understand the ratios
More on HP ADHESIVES 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.

