Prince Pipes and Fittings Limited

NSEI:PRINCEPIPE Stock Report

Market Cap: ₹45.0b

Prince Pipes and Fittings Valuation

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

Below Fair Value: PRINCEPIPE (₹407.4) is trading above our estimate of fair value (₹153.73)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PRINCEPIPE. This is calculated by dividing PRINCEPIPE's market cap by their current earnings.
What is PRINCEPIPE's PE Ratio?
PE Ratio34.2x
Earnings₹1.32b
Market Cap₹45.04b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PRINCEPIPE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average55.6x
KRN KRN Heat Exchanger and Refrigeration
99.7xn/a₹43.7b
526951 Stylam Industries
31.8x20.3%₹41.8b
531548 Somany Ceramics
33x31.6%₹27.2b
GREENLAM Greenlam Industries
57.9x38.8%₹70.2b
PRINCEPIPE Prince Pipes and Fittings
34.2x28.5%₹45.0b

Price-To-Earnings vs Peers: PRINCEPIPE is good value based on its Price-To-Earnings Ratio (34.2x) compared to the peer average (55.6x).

Price to Earnings Ratio vs Industry

How does PRINCEPIPE's PE Ratio compare vs other companies in the IN Building Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
526193 Royal Cushion Vinyl Products
1.8xn/aUS$12.38m
505685 Taparia Tools
0.1xn/aUS$1.64m
539223 Ambition Mica
2.3xn/aUS$522.30k
No more companies available in this PE range
PRINCEPIPE 34.2xIndustry Avg. 32.4xNo. of Companies6PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PRINCEPIPE is expensive based on its Price-To-Earnings Ratio (34.2x) compared to the Indian Building industry average (32.4x).

Price to Earnings Ratio vs Fair Ratio

What is PRINCEPIPE'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.

PRINCEPIPE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.2x
Fair PE Ratio37.3x

Price-To-Earnings vs Fair Ratio: PRINCEPIPE is good value based on its Price-To-Earnings Ratio (34.2x) compared to the estimated Fair Price-To-Earnings Ratio (37.3x).

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 PRINCEPIPE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹407.40
₹605.07
+48.5%
12.8%₹741.00₹480.00n/a15
Dec ’25₹427.50
₹605.07
+41.5%
12.8%₹741.00₹480.00n/a15
Nov ’25₹482.65
₹716.40
+48.4%
9.9%₹870.00₹570.00n/a15
Oct ’25₹559.15
₹724.67
+29.6%
9.3%₹870.00₹570.00n/a15
Sep ’25₹587.05
₹731.67
+24.6%
8.6%₹870.00₹625.00n/a15
Aug ’25₹645.90
₹767.36
+18.8%
5.8%₹870.00₹700.00n/a14
Jul ’25₹683.40
₹761.29
+11.4%
6.2%₹870.00₹675.00n/a14
Jun ’25₹610.05
₹750.14
+23.0%
4.9%₹830.00₹675.00n/a14
May ’25₹639.15
₹727.47
+13.8%
8.2%₹840.00₹645.00n/a15
Apr ’25₹571.65
₹735.43
+28.7%
8.7%₹840.00₹630.00n/a14
Mar ’25₹570.90
₹757.31
+32.7%
9.4%₹890.00₹630.00n/a13
Feb ’25₹702.15
₹865.30
+23.2%
12.1%₹1,085.00₹725.00n/a10
Jan ’25₹751.60
₹857.90
+14.1%
11.6%₹1,085.00₹700.00n/a10
Dec ’24₹687.60
₹857.90
+24.8%
11.6%₹1,085.00₹700.00₹427.5010
Nov ’24₹622.75
₹817.33
+31.2%
11.9%₹1,041.00₹650.00₹482.659
Oct ’24₹698.75
₹799.10
+14.4%
13.4%₹1,041.00₹635.00₹559.1510
Sep ’24₹727.40
₹796.80
+9.5%
13.5%₹1,041.00₹635.00₹587.0510
Aug ’24₹650.25
₹761.91
+17.2%
11.3%₹900.00₹635.00₹645.9011
Jul ’24₹671.25
₹761.73
+13.5%
11.3%₹900.00₹635.00₹683.4011
Jun ’24₹638.95
₹738.18
+15.5%
11.3%₹900.00₹635.00₹610.0511
May ’24₹591.55
₹717.90
+21.4%
12.0%₹886.00₹600.00₹639.1510
Apr ’24₹542.50
₹719.30
+32.6%
11.9%₹886.00₹600.00₹571.6510
Mar ’24₹565.90
₹734.38
+29.8%
12.1%₹886.00₹600.00₹570.908
Feb ’24₹611.05
₹692.25
+13.3%
10.4%₹842.00₹600.00₹702.158
Jan ’24₹596.25
₹692.25
+16.1%
10.4%₹842.00₹600.00₹751.608
Dec ’23₹562.70
₹653.86
+16.2%
4.7%₹700.00₹600.00₹687.607

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 04:25
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Prince Pipes and Fittings Limited is covered by 25 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rishab BothraAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
null nullAxis Capital Limited