POLYCAB INDIA LIMITED Valuation
POLYCAB · Capital Goods · Current price ₹8,895
Is POLYCAB INDIA LIMITED undervalued?
DocStoX estimates the fair value of POLYCAB INDIA LIMITED at ₹4,567 per share, versus the current market price of ₹8,895. That puts the stock about -48.7% 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 4 independent methods: Residual income (₹1,242), Relative P/E (₹8,463), Graham floor (₹1,785), Analyst target (₹10,097). 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 ₹1,242 (bear) to ₹4,567 (base) to ₹10,097 (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
POLYCAB INDIA LIMITED trades at a P/E of 50.1x and a P/B of 12.2x, with a dividend yield of 0.5%. 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 POLYCAB 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.

