ICRA LIMITED Fair Value
ICRA · Financial Services · Current price ₹4,922.6
| Method | Fair value | Status |
|---|---|---|
| Excess-return (book value) | ₹1,420 | 17% ROE fading to 13% over ~10 yrs, on ₹1223 book |
| Relative P/E | — | Needs ≥3 peers with P/E |
| Graham floor | — | Not meaningful for financials |
| Analyst target | ₹6,400 | Street consensus 12-month target price |
Is ICRA LIMITED undervalued?
DocStoX estimates the fair value of ICRA LIMITED at ₹2,545 per share, versus the current market price of ₹4,923. That puts the stock about -48.3% 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 2 independent methods: Excess-return (book value) (₹1,420), Analyst target (₹6,400). 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 ₹1,420 (bear) to ₹2,545 (base) to ₹6,400 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on ICRA 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.

