JK TYRE & INDUSTRIES LTD Valuation

JKTYRE · Automobile and Auto Components · Current price ₹373.5

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DocStoX fair value
₹364
low confidence
Current price
₹374
Upside
-2.6%
P/E ratio
13.9x
P/B ratio
2.0x
Verdict
Fairly Valued
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Is JK TYRE & INDUSTRIES LTD undervalued?

DocStoX estimates the fair value of JK TYRE & INDUSTRIES LTD at ₹364 per share, versus the current market price of ₹374. That puts the stock about -2.6% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 4 independent methods: Residual income (₹217), Relative P/E (₹581), Graham floor (₹357), Analyst target (₹470). 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 ₹217 (bear) to ₹364 (base) to ₹581 (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

JK TYRE & INDUSTRIES LTD trades at a P/E of 13.9x and a P/B of 2.0x, with a dividend yield of 1.1%. 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 JK TYRE & INDUSTRIES 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.