ITC LTD Fair Value

ITC · Fast Moving Consumer Goods · Current price ₹280.7

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DocStoX fair value
₹169
low confidence
Current price
₹281
Upside to fair value
-39.9%
Verdict
Avoid
Quality score
5.6 / 10
Valuation methods
MethodFair valueStatus
Residual income₹9529% ROE fading to 12% over ~10 yrs, on ₹58 book
Relative P/E₹328EPS × 19.9 peer-median P/E
Graham floor₹147Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with ITC LTD's latest numbers.

Is ITC LTD undervalued?

DocStoX estimates the fair value of ITC LTD at ₹169 per share, versus the current market price of ₹281. That puts the stock about -39.9% 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 (₹95), Relative P/E (₹328), Graham floor (₹147). 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 ₹95 (bear) to ₹169 (base) to ₹328 (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 ITC 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.