Praj Industries Limited

BSE:522205 Stock Report

Market Cap: ₹146.3b

Praj Industries Valuation

Is 522205 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 522205 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 522205 (₹795.9) is trading above our estimate of fair value (₹308.23)

Significantly Below Fair Value: 522205 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 522205?

Key metric: As 522205 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 522205. This is calculated by dividing 522205's market cap by their current earnings.
What is 522205's PE Ratio?
PE Ratio48.7x
Earnings₹3.00b
Market Cap₹146.28b

Price to Earnings Ratio vs Peers

How does 522205's PE Ratio compare to its peers?

The above table shows the PE ratio for 522205 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.4x
TECHNOE Techno Electric & Engineering
49.5x28.3%₹156.9b
IRCON Ircon International
21.7x5.7%₹199.7b
KPIL Kalpataru Projects International
35.5x29.5%₹185.7b
500294 NCC
22.8x22.2%₹190.2b
522205 Praj Industries
48.7x24.4%₹146.3b

Price-To-Earnings vs Peers: 522205 is expensive based on its Price-To-Earnings Ratio (48.7x) compared to the peer average (32.4x).

Price to Earnings Ratio vs Industry

How does 522205's PE Ratio compare vs other companies in the IN Construction Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CCCL Consolidated Construction Consortium
1xn/aUS$87.90m
533152 MBL Infrastructures
2.5xn/aUS$67.25m
ATLANTAA Atlantaa
2.4xn/aUS$47.27m
SKIL SKIL Infrastructure
0.1xn/aUS$14.01m
522205 48.7xIndustry Avg. 25.2xNo. of Companies22PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 522205 is expensive based on its Price-To-Earnings Ratio (48.7x) compared to the Indian Construction industry average (25.2x).

Price to Earnings Ratio vs Fair Ratio

What is 522205'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.

522205 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.7x
Fair PE Ratio43.2x

Price-To-Earnings vs Fair Ratio: 522205 is expensive based on its Price-To-Earnings Ratio (48.7x) compared to the estimated Fair Price-To-Earnings Ratio (43.2x).

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 522205 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹795.90
₹861.80
+8.3%
5.1%₹931.00₹804.00n/a5
Nov ’25₹749.00
₹861.80
+15.1%
5.1%₹931.00₹804.00n/a5
Oct ’25₹780.05
₹821.60
+5.3%
3.3%₹870.00₹791.00n/a5
Sep ’25₹768.15
₹821.60
+7.0%
3.3%₹870.00₹791.00n/a5
Aug ’25₹698.60
₹821.60
+17.6%
3.3%₹870.00₹791.00n/a5
Jul ’25₹742.50
₹711.60
-4.2%
13.6%₹831.00₹578.00n/a5
Jun ’25₹522.10
₹634.80
+21.6%
5.3%₹678.00₹578.00n/a5
May ’25₹546.75
₹608.80
+11.3%
4.3%₹636.00₹576.00n/a5
Apr ’25₹532.50
₹608.80
+14.3%
4.3%₹636.00₹576.00n/a5
Mar ’25₹503.25
₹608.80
+21.0%
4.3%₹636.00₹576.00n/a5
Feb ’25₹496.15
₹637.20
+28.4%
8.6%₹746.00₹601.00n/a5
Jan ’25₹556.65
₹637.20
+14.5%
8.6%₹746.00₹601.00n/a5
Dec ’24₹630.45
₹637.20
+1.1%
8.6%₹746.00₹601.00n/a5
Nov ’24₹533.80
₹562.60
+5.4%
9.6%₹611.00₹496.00₹749.005
Oct ’24₹586.45
₹526.20
-10.3%
9.3%₹618.00₹485.00₹780.055
Sep ’24₹494.10
₹497.60
+0.7%
4.1%₹535.00₹475.00₹768.155
Aug ’24₹431.70
₹497.60
+15.3%
4.1%₹535.00₹475.00₹698.605
Jul ’24₹378.05
₹487.20
+28.9%
6.1%₹542.00₹452.00₹742.505
Jun ’24₹387.70
₹487.20
+25.7%
6.1%₹542.00₹452.00₹522.105
May ’24₹355.30
₹482.25
+35.7%
7.0%₹532.00₹450.00₹546.754
Apr ’24₹340.95
₹488.50
+43.3%
7.7%₹532.00₹450.00₹532.504
Mar ’24₹348.50
₹488.50
+40.2%
7.7%₹532.00₹450.00₹503.254
Feb ’24₹344.70
₹510.75
+48.2%
3.4%₹532.00₹485.00₹496.154
Jan ’24₹356.35
₹510.75
+43.3%
3.4%₹532.00₹485.00₹556.654
Dec ’23₹386.50
₹510.75
+32.1%
3.4%₹532.00₹485.00₹630.454
Nov ’23₹409.95
₹510.75
+24.6%
3.4%₹532.00₹485.00₹533.804

Analyst Forecast: Target price is less than 20% higher than the current share price.

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