JINDAL STAINLESS LIMITED Fair Value
JSL · Metals & Mining · Current price ₹726.25
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹257 | 18% ROE fading to 13% over ~3 yrs, on ₹240 book |
| Relative P/E | ₹835 | EPS × 21.5 peer-median P/E |
| Graham floor | ₹457 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹882 | Street consensus 12-month target price |
Is JINDAL STAINLESS LIMITED undervalued?
DocStoX estimates the fair value of JINDAL STAINLESS LIMITED at ₹523 per share, versus the current market price of ₹726. That puts the stock about -28.0% 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 4 independent methods: Residual income (₹257), Relative P/E (₹835), Graham floor (₹457), Analyst target (₹882). 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 ₹257 (bear) to ₹523 (base) to ₹882 (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 JINDAL STAINLESS LIMITED
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.

