Shriram Pistons & Rings Limited

NSEI:SHRIPISTON Stock Report

Market Cap: ₹88.5b

Shriram Pistons & Rings Valuation

Is SHRIPISTON undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SHRIPISTON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SHRIPISTON (₹2010.2) is trading above our estimate of fair value (₹1605.21)

Significantly Below Fair Value: SHRIPISTON is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SHRIPISTON?

Key metric: As SHRIPISTON is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SHRIPISTON. This is calculated by dividing SHRIPISTON's market cap by their current earnings.
What is SHRIPISTON's PE Ratio?
PE Ratio19x
Earnings₹4.67b
Market Cap₹88.55b

Price to Earnings Ratio vs Peers

How does SHRIPISTON's PE Ratio compare to its peers?

The above table shows the PE ratio for SHRIPISTON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.9x
SANSERA Sansera Engineering
47.1x27.5%₹91.5b
43.1x23.1%₹112.7b
532509 Suprajit Engineering
44.6x37.0%₹61.6b
505714 Gabriel India
28.6x20.5%₹60.4b
SHRIPISTON Shriram Pistons & Rings
19x14.3%₹88.5b

Price-To-Earnings vs Peers: SHRIPISTON is good value based on its Price-To-Earnings Ratio (19x) compared to the peer average (40.9x).


Price to Earnings Ratio vs Industry

How does SHRIPISTON's PE Ratio compare vs other companies in the IN Auto Components Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
513262 Steel Strips Wheels
4.8x-31.3%US$373.77m
INNOVATIVE Innovative Tyres & Tubes
0.3xn/aUS$1.22m
505100 India Radiators
0.8xn/aUS$94.74k
523415 Coventry Coil-O-Matic (Haryana)
0.9xn/aUS$88.40k
No more companies available in this PE range
SHRIPISTON 19.0xIndustry Avg. 30.9xNo. of Companies18PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SHRIPISTON is good value based on its Price-To-Earnings Ratio (19x) compared to the Indian Auto Components industry average (30.9x).


Price to Earnings Ratio vs Fair Ratio

What is SHRIPISTON's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SHRIPISTON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19x
Fair PE Ratio29.7x

Price-To-Earnings vs Fair Ratio: SHRIPISTON is good value based on its Price-To-Earnings Ratio (19x) compared to the estimated Fair Price-To-Earnings Ratio (29.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SHRIPISTON forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,010.20
₹2,496.00
+24.2%
4.2%₹2,600.00₹2,392.00n/a2
Nov ’25₹2,149.65
₹2,496.00
+16.1%
4.2%₹2,600.00₹2,392.00n/a2
Oct ’25₹2,175.10
₹2,496.00
+14.8%
4.2%₹2,600.00₹2,392.00n/a2
Sep ’25₹2,149.10
₹2,496.00
+16.1%
4.2%₹2,600.00₹2,392.00n/a2
Aug ’25₹1,994.60
₹2,496.00
+25.1%
4.2%₹2,600.00₹2,392.00n/a2
Jul ’25₹1,894.40
₹2,421.00
+27.8%
1.2%₹2,450.00₹2,392.00n/a2
Jun ’25₹1,933.65
₹2,421.00
+25.2%
1.2%₹2,450.00₹2,392.00n/a2
May ’25₹2,046.65
₹2,421.00
+18.3%
1.2%₹2,450.00₹2,392.00n/a2
Apr ’25₹1,956.80
₹2,421.00
+23.7%
1.2%₹2,450.00₹2,392.00n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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