THEJO ENGINEERING LIMITED Valuation

THEJO · Capital Goods · Current price ₹2,102.9

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DocStoX fair value
₹705
low confidence
Current price
₹2,103
Upside
-66.5%
P/E ratio
46.3x
P/B ratio
6.4x
Verdict
Avoid
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Is THEJO ENGINEERING LIMITED undervalued?

DocStoX estimates the fair value of THEJO ENGINEERING LIMITED at ₹705 per share, versus the current market price of ₹2,103. That puts the stock about -66.5% 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 (₹391), Relative P/E (₹1,403), Graham floor (₹578). 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 ₹391 (bear) to ₹705 (base) to ₹1,403 (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

THEJO ENGINEERING LIMITED trades at a P/E of 46.3x and a P/B of 6.4x, with a dividend yield of 0.2%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

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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.