REFRACTORY SHAPES LIMITED Valuation

REFRACTORY · Industrial Products · Current price ₹27.25

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DocStoX fair value
₹42
low confidence
Current price
₹27
Upside
+54.7%
P/E ratio
12.4x
P/B ratio
1.2x
Verdict
Buy
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Is REFRACTORY SHAPES LIMITED undervalued?

DocStoX estimates the fair value of REFRACTORY SHAPES LIMITED at ₹42 per share, versus the current market price of ₹27. That puts the stock about +54.7% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹22), Relative P/E (₹87), Graham floor (₹34). 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 ₹22 (bear) to ₹42 (base) to ₹87 (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

REFRACTORY SHAPES LIMITED trades at a P/E of 12.4x and a P/B of 1.2x, with a dividend yield of 0.0%. 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 REFRACTORY SHAPES 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.