STEEL AUTHORITY OF INDIA Fair Value
SAIL · Metals & Mining · Current price ₹193.56
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹133 | 6% ROE fading to 14% over ~3 yrs, on ₹146 book |
| Relative P/E | ₹176 | EPS × 21.5 peer-median P/E |
| Graham floor | ₹164 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹176 | Street consensus 12-month target price |
Is STEEL AUTHORITY OF INDIA undervalued?
DocStoX estimates the fair value of STEEL AUTHORITY OF INDIA at ₹155 per share, versus the current market price of ₹194. That puts the stock about -19.8% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is high.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹133), Relative P/E (₹176), Graham floor (₹164), Analyst target (₹176). 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 ₹132 (bear) to ₹155 (base) to ₹179 (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 STEEL AUTHORITY OF INDIA
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.