Nidhi Granites Ltd Valuation

NIDHGRN · Commodities · Current price ₹336.8

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DocStoX fair value
₹71
low confidence
Current price
₹337
Upside
-79.1%
P/E ratio
140.3x
P/B ratio
12.6x
Verdict
Avoid
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Is Nidhi Granites Ltd undervalued?

DocStoX estimates the fair value of Nidhi Granites Ltd at ₹71 per share, versus the current market price of ₹337. That puts the stock about -79.1% 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: Residual income (₹70), Relative P/E (₹105), Graham floor (₹33). 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 ₹33 (bear) to ₹71 (base) to ₹105 (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

Nidhi Granites Ltd trades at a P/E of 140.3x and a P/B of 12.6x, with a dividend yield of 0.0%. 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 Nidhi Granites 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.