MULTI COMMODITY EXCHANGE Valuation
MCX · Financial Services · Current price ₹3,277.5
Is MULTI COMMODITY EXCHANGE undervalued?
DocStoX estimates the fair value of MULTI COMMODITY EXCHANGE at ₹1,305 per share, versus the current market price of ₹3,278. That puts the stock about -60.2% 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: Excess-return (book value) (₹188), Relative P/E (₹2,644), Analyst target (₹3,413). 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 ₹188 (bear) to ₹1,305 (base) to ₹3,413 (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
MULTI COMMODITY EXCHANGE trades at a P/E of 62.8x and a P/B of 26.5x, with a dividend yield of 0.3%. 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 MULTI COMMODITY EXCHANGE
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.