Prince Pipes and Fittings Limited

NSEI:PRINCEPIPE Stock Report

Market Cap: ₹46.8b

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 (₹423.3) is trading above our estimate of fair value (₹153.67)

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 Ratio35.6x
Earnings₹1.32b
Market Cap₹46.80b

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 Average55.5x
KRN KRN Heat Exchanger and Refrigeration
108xn/a₹47.4b
526951 Stylam Industries
29.2x20.3%₹38.4b
GREENLAM Greenlam Industries
53.8x39.5%₹65.2b
531548 Somany Ceramics
31.1x31.4%₹25.6b
PRINCEPIPE Prince Pipes and Fittings
35.6x28.5%₹46.8b

Price-To-Earnings vs Peers: PRINCEPIPE is good value based on its Price-To-Earnings Ratio (35.6x) compared to the peer average (55.5x).

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$12.76m
505685 Taparia Tools
0.1xn/aUS$1.57m
539223 Ambition Mica
2.3xn/aUS$523.09k
No more companies available in this PE range
PRINCEPIPE 35.6xIndustry Avg. 30.0xNo. of Companies6PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PRINCEPIPE is expensive based on its Price-To-Earnings Ratio (35.6x) compared to the Indian Building industry average (30x).

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 Ratio35.6x
Fair PE Ratio37.9x

Price-To-Earnings vs Fair Ratio: PRINCEPIPE is good value based on its Price-To-Earnings Ratio (35.6x) compared to the estimated Fair Price-To-Earnings Ratio (37.9x).

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₹423.30
₹620.07
+46.5%
11.8%₹741.00₹495.00n/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₹700.00n/a10
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
Nov ’23₹548.80
₹650.33
+18.5%
7.1%₹713.00₹599.00₹622.756

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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