NCC LIMITED Valuation

NCC · Construction · Current price ₹139.6

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DocStoX fair value
₹187
low confidence
Current price
₹140
Upside
+34.1%
P/E ratio
13.0x
P/B ratio
1.2x
Verdict
Expensive
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Is NCC LIMITED undervalued?

DocStoX estimates the fair value of NCC LIMITED at ₹187 per share, versus the current market price of ₹140. That puts the stock about +34.1% below 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 3 independent methods: Residual income (₹120), Relative P/E (₹329), Graham floor (₹174). 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 ₹120 (bear) to ₹187 (base) to ₹329 (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

NCC LIMITED trades at a P/E of 13.0x and a P/B of 1.2x, with a dividend yield of 1.5%. 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 NCC 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.