MAHINDRA & MAHINDRA LTD Valuation
M&M · Automobile and Auto Components · Current price ₹3,188
Is MAHINDRA & MAHINDRA LTD undervalued?
DocStoX estimates the fair value of MAHINDRA & MAHINDRA LTD at ₹2,236 per share, versus the current market price of ₹3,188. That puts the stock about -29.9% 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 (₹939), Relative P/E (₹3,922), Graham floor (₹1,522), Analyst target (₹4,219). 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 ₹939 (bear) to ₹2,236 (base) to ₹4,219 (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
MAHINDRA & MAHINDRA LTD trades at a P/E of 23.2x and a P/B of 4.5x, with a dividend yield of 1.0%. 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 MAHINDRA & MAHINDRA 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.

