Precision Wires India Limited

NSEI:PRECWIRE Stock Report

Market Cap: ₹31.5b

Precision Wires India Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: PRECWIRE (₹176.57) is trading above our estimate of fair value (₹0.25)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PRECWIRE. This is calculated by dividing PRECWIRE's market cap by their current earnings.
What is PRECWIRE's PE Ratio?
PE Ratio38.7x
Earnings₹814.65m
Market Cap₹31.55b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PRECWIRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average76.8x
HPL HPL Electric & Power
53.7x31.0%₹34.5b
SPECTRUM Spectrum Electrical Industries
124xn/a₹26.9b
522281 Ram Ratna Wires
43.4xn/a₹26.0b
EXICOM Exicom Tele-Systems
86.2xn/a₹32.0b
PRECWIRE Precision Wires India
38.7xn/a₹31.5b

Price-To-Earnings vs Peers: PRECWIRE is good value based on its Price-To-Earnings Ratio (38.7x) compared to the peer average (76.8x).

Price to Earnings Ratio vs Industry

How does PRECWIRE's PE Ratio compare vs other companies in the IN Electrical Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
504058 Indo National
2.7xn/aUS$45.52m
533203 Tarapur Transformers
4.2xn/aUS$6.67m
No more companies available in this PE range
PRECWIRE 38.7xIndustry Avg. 47.4xNo. of Companies13PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PRECWIRE is good value based on its Price-To-Earnings Ratio (38.7x) compared to the Indian Electrical industry average (47.2x).

Price to Earnings Ratio vs Fair Ratio

What is PRECWIRE'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.

PRECWIRE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PRECWIRE's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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