SHARDA MOTOR INDS LTD Fair Value
SHARDAMOTR · Automobile and Auto Components · Current price ₹883.85
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹381 | 28% ROE fading to 13% over ~10 yrs, on ₹229 book |
| Relative P/E | ₹2,511 | EPS × 41.7 peer-median P/E |
| Graham floor | ₹557 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹1,263 | Street consensus 12-month target price |
Is SHARDA MOTOR INDS LTD undervalued?
DocStoX estimates the fair value of SHARDA MOTOR INDS LTD at ₹1,018 per share, versus the current market price of ₹884. That puts the stock about +15.2% below our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹381), Relative P/E (₹2,511), Graham floor (₹557), Analyst target (₹1,263). 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 ₹381 (bear) to ₹1,018 (base) to ₹2,511 (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 SHARDA MOTOR INDS 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.

