NOVARTIS INDIA LIMITED Fair Value
NOVARTIND · Healthcare · Current price ₹1,592
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹331 | 11% ROE fading to 12% over ~3 yrs, on ₹332 book |
| Relative P/E | ₹1,454 | EPS × 38.5 peer-median P/E |
| Graham floor | ₹531 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is NOVARTIS INDIA LIMITED undervalued?
DocStoX estimates the fair value of NOVARTIS INDIA LIMITED at ₹678 per share, versus the current market price of ₹1,592. That puts the stock about -57.4% 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 (₹331), Relative P/E (₹1,454), Graham floor (₹531). 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 ₹331 (bear) to ₹678 (base) to ₹1,454 (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 NOVARTIS INDIA 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.