Promax Power Ltd Fair Value
PROMAX · Construction · Current price ₹12.45
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹11 | 3% ROE fading to 13% over ~3 yrs, on ₹12 book |
| Relative P/E | ₹8 | EPS × 33.2 peer-median P/E |
| Graham floor | ₹8 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is Promax Power Ltd undervalued?
DocStoX estimates the fair value of Promax Power Ltd at ₹10 per share, versus the current market price of ₹12. That puts the stock about -22.2% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is high.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹11), Relative P/E (₹8), Graham floor (₹8). 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 ₹8 (bear) to ₹10 (base) to ₹11 (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 Promax Power 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.

