INDIAN RENEWABLE ENERGY Valuation

IREDA · Financial Services · Current price ₹121.64

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DocStoX fair value
₹91
low confidence
Current price
₹122
Upside
-25.3%
P/E ratio
19.3x
P/B ratio
2.5x
Verdict
Expensive
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Is INDIAN RENEWABLE ENERGY undervalued?

DocStoX estimates the fair value of INDIAN RENEWABLE ENERGY at ₹91 per share, versus the current market price of ₹122. That puts the stock about -25.3% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 2 independent methods: Excess-return (book value) (₹56), Relative P/E (₹184). 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 ₹56 (bear) to ₹91 (base) to ₹184 (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 RENEWABLE ENERGY trades at a P/E of 19.3x and a P/B of 2.5x, with a dividend yield of 0.5%. 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 RENEWABLE ENERGY

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.