STEEL AUTHORITY OF INDIA Valuation

SAIL · Metals & Mining · Current price ₹195.28

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DocStoX fair value
₹155
high confidence
Current price
₹195
Upside
-20.5%
P/E ratio
23.9x
P/B ratio
1.2x
Verdict
Expensive
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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 ₹195. That puts the stock about -20.5% 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.

Valuation multiples

STEEL AUTHORITY OF INDIA trades at a P/E of 23.9x and a P/B of 1.2x, with a dividend yield of 1.2%. 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 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.