PSP Projects Limited

NSEI:PSPPROJECT Stock Report

Market Cap: ₹31.2b

PSP Projects Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PSPPROJECT (₹785.9) is trading above our estimate of future cash flow value (₹44.26)

Significantly Below Future Cash Flow Value: PSPPROJECT is trading above our estimate of future cash flow value.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PSPPROJECT. This is calculated by dividing PSPPROJECT's market cap by their current earnings.
What is PSPPROJECT's PE Ratio?
PE Ratio76.2x
Earnings₹408.86m
Market Cap₹31.15b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PSPPROJECT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.5x
531120 Patel Engineering
11xn/a₹30.1b
513269 Man Industries (India)
16.9x38.37%₹31.8b
INTERARCH Interarch Building Solutions
23.7x24.81%₹32.3b
RAMKY Ramky Infrastructure
14.5xn/a₹32.5b
PSPPROJECT PSP Projects
76.2x63.76%₹31.2b

Price-To-Earnings vs Peers: PSPPROJECT is expensive based on its Price-To-Earnings Ratio (76.2x) compared to the peer average (16.5x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ASHOKA Ashoka Buildcon
1.5x-70.58%US$469.91m
SUPREMEINF Supreme Infrastructure India
0.2xn/aUS$89.47m
532767 Gayatri Projects
1.6xn/aUS$26.60m
542851 Gensol Engineering
1.2xn/aUS$11.89m
No more companies available in this PE range
PSPPROJECT 76.2xIndustry Avg. 16.3xNo. of Companies21PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PSPPROJECT is expensive based on its Price-To-Earnings Ratio (76.2x) compared to the Indian Construction industry average (16.3x).


Price to Earnings Ratio vs Fair Ratio

What is PSPPROJECT'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.

PSPPROJECT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio76.2x
Fair PE Ratio62.6x

Price-To-Earnings vs Fair Ratio: PSPPROJECT is expensive based on its Price-To-Earnings Ratio (76.2x) compared to the estimated Fair Price-To-Earnings Ratio (62.6x).


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 PSPPROJECT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹785.90
₹740.78
-5.74%
19.61%₹1,028.00₹520.00n/a9
Feb ’27₹732.50
₹740.78
+1.13%
19.61%₹1,028.00₹520.00n/a9
Jan ’27₹866.85
₹712.38
-17.82%
18.96%₹937.00₹530.00n/a8
Dec ’26₹896.55
₹712.38
-20.54%
18.96%₹937.00₹530.00n/a8
Nov ’26₹928.80
₹712.38
-23.30%
18.96%₹937.00₹530.00n/a8
Oct ’26₹755.60
₹681.33
-9.83%
16.91%₹881.00₹510.00n/a9
Sep ’26₹684.90
₹681.33
-0.52%
16.91%₹881.00₹510.00n/a9
Aug ’26₹757.70
₹681.33
-10.08%
16.91%₹881.00₹510.00n/a9
Jul ’26₹803.40
₹650.89
-18.98%
11.67%₹741.00₹520.00n/a9
Jun ’26₹639.05
₹650.89
+1.85%
11.67%₹741.00₹520.00n/a9
May ’26₹637.05
₹718.33
+12.76%
10.18%₹850.00₹643.00n/a9
Apr ’26₹634.80
₹718.33
+13.16%
10.18%₹850.00₹643.00n/a9
Mar ’26₹620.60
₹712.78
+14.85%
9.52%₹850.00₹643.00n/a9
Feb ’26₹625.90
₹729.11
+16.49%
11.82%₹909.00₹643.00₹732.509
Jan ’26₹667.70
₹728.56
+9.11%
11.80%₹909.00₹643.00₹866.859
Dec ’25₹670.80
₹728.56
+8.61%
11.80%₹909.00₹643.00₹896.559
Nov ’25₹613.40
₹719.67
+17.32%
10.80%₹909.00₹643.00₹928.809
Oct ’25₹656.55
₹772.63
+17.68%
5.33%₹842.00₹727.00₹755.608
Sep ’25₹683.05
₹772.63
+13.11%
5.33%₹842.00₹727.00₹684.908
Aug ’25₹713.45
₹777.75
+9.01%
5.68%₹828.00₹714.00₹757.708
Jul ’25₹691.25
₹777.75
+12.51%
5.68%₹828.00₹714.00₹803.408
Jun ’25₹646.05
₹777.75
+20.39%
5.68%₹828.00₹714.00₹639.058
May ’25₹675.10
₹875.14
+29.63%
5.46%₹986.00₹828.00₹637.057
Apr ’25₹713.55
₹875.14
+22.65%
5.46%₹986.00₹828.00₹634.807
Mar ’25₹697.55
₹875.14
+25.46%
5.46%₹986.00₹828.00₹620.607
Feb ’25₹759.75
₹908.33
+19.56%
1.25%₹933.00₹900.00₹625.906
₹740.78
Fair Value
6.1% overvalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/15 16:33
End of Day Share Price 2026/02/13 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

PSP Projects Limited is covered by 17 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
Vijayaraghavan SwaminathanAvendus Spark