INDIAN OIL CORP LTD Valuation

IOC · Oil Gas & Consumable Fuels · Current price ₹141.69

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DocStoX fair value
₹221
low confidence
Current price
₹142
Upside
+56.1%
P/E ratio
4.8x
P/B ratio
0.9x
Verdict
Buy
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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 ₹142. That puts the stock about +56.1% 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 3 independent methods: Residual income (₹206), Relative P/E (₹162), Graham floor (₹322). 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 ₹162 (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.

Valuation multiples

INDIAN OIL CORP LTD trades at a P/E of 4.8x and a P/B of 0.9x, with a dividend yield of 5.1%. 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 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.