PRAJ INDUSTRIES LTD Fair Value
PRAJIND · Capital Goods · Current price ₹331.3
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹62 | 1% ROE fading to 12% over ~3 yrs, on ₹71 book |
| Relative P/E | ₹76 | EPS × 58.3 peer-median P/E |
| Graham floor | ₹46 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹355 | Street consensus 12-month target price |
Is PRAJ INDUSTRIES LTD undervalued?
DocStoX estimates the fair value of PRAJ INDUSTRIES LTD at ₹116 per share, versus the current market price of ₹331. That puts the stock about -65.1% 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 4 independent methods: Residual income (₹62), Relative P/E (₹76), Graham floor (₹46), Analyst target (₹355). 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 ₹46 (bear) to ₹116 (base) to ₹355 (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 PRAJ INDUSTRIES 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.

