SPECTRUM ELECTRIC IND LTD Valuation

SPECTRUM · Capital Goods · Current price ₹2,139.5

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DocStoX fair value
₹658
low confidence
Current price
₹2,140
Upside
-69.2%
P/E ratio
75.7x
P/B ratio
12.3x
Verdict
Avoid
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Is SPECTRUM ELECTRIC IND LTD undervalued?

DocStoX estimates the fair value of SPECTRUM ELECTRIC IND LTD at ₹658 per share, versus the current market price of ₹2,140. That puts the stock about -69.2% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹173), Relative P/E (₹1,820), Graham floor (₹315). 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 ₹173 (bear) to ₹658 (base) to ₹1,820 (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

SPECTRUM ELECTRIC IND LTD trades at a P/E of 75.7x and a P/B of 12.3x, with a dividend yield of 0.1%. 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 SPECTRUM ELECTRIC IND 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.