SP REFRACTORIES LIMITED Valuation

SPRL · Industrial Products · Current price ₹103

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DocStoX fair value
₹295
low confidence
Current price
₹103
Upside
+186.5%
P/E ratio
8.8x
P/B ratio
1.2x
Verdict
Strong Buy
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Is SP REFRACTORIES LIMITED undervalued?

DocStoX estimates the fair value of SP REFRACTORIES LIMITED at ₹295 per share, versus the current market price of ₹103. That puts the stock about +186.5% below our fair-value estimate, which we read as "Strong Buy". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹113), Relative P/E (₹712), Graham floor (₹200). 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 ₹113 (bear) to ₹295 (base) to ₹712 (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

SP REFRACTORIES LIMITED trades at a P/E of 8.8x 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 SP REFRACTORIES 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.