INDIAN OIL CORP LTD Fair Value
IOC · Oil, Gas & Consumable Fuels · Current price ₹136.5
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹170 | 21% ROE fading to 14% over ~3 yrs, on ₹155 book |
| Relative P/E | ₹282 | EPS × 9.5 peer-median P/E |
| Graham floor | ₹322 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹159 | Street consensus 12-month target price |
Is INDIAN OIL CORP LTD undervalued?
DocStoX estimates the fair value of INDIAN OIL CORP LTD at ₹221 per share, versus the current market price of ₹137. That puts the stock about +62.0% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹170), Relative P/E (₹282), Graham floor (₹322), Analyst target (₹159). 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 ₹159 (bear) to ₹221 (base) to ₹322 (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 INDIAN OIL CORP 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.