POWER GRID CORP. LTD. Fair Value
POWERGRID · Power · Current price ₹263.25
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹110 | 17% ROE fading to 15% over ~3 yrs, on ₹108 book |
| Relative P/E | ₹550 | EPS × 32.1 peer-median P/E |
| Graham floor | ₹204 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹321 | Street consensus 12-month target price |
Is POWER GRID CORP. LTD. undervalued?
DocStoX estimates the fair value of POWER GRID CORP. LTD. at ₹257 per share, versus the current market price of ₹263. That puts the stock about -2.2% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹110), Relative P/E (₹550), Graham floor (₹204), Analyst target (₹321). 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 ₹110 (bear) to ₹257 (base) to ₹550 (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 POWER GRID CORP. 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.

