Venus Pipes and Tubes Limited

NSEI:VENUSPIPES Stock Report

Market Cap: ₹33.1b

Venus Pipes and Tubes Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: VENUSPIPES (₹1624.4) is trading below our estimate of fair value (₹4469.36)

Significantly Below Fair Value: VENUSPIPES is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for VENUSPIPES. This is calculated by dividing VENUSPIPES's market cap by their current earnings.
What is VENUSPIPES's PE Ratio?
PE Ratio33.2x
Earnings₹995.25m
Market Cap₹33.08b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VENUSPIPES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.4x
513097 Shivalik Bimetal Controls
40.6x28.8%₹32.7b
HITECH Hi-Tech Pipes
54.5x47.7%₹33.6b
500235 Kalyani Steels
13.5xn/a₹33.6b
513434 Tata Metaliks
29.2xn/a₹33.2b
VENUSPIPES Venus Pipes and Tubes
33.2x31.4%₹33.1b

Price-To-Earnings vs Peers: VENUSPIPES is good value based on its Price-To-Earnings Ratio (33.2x) compared to the peer average (34.4x).

Price to Earnings Ratio vs Industry

How does VENUSPIPES's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
590078 Maithan Alloys
3.7xn/aUS$366.20m
526608 Electrotherm (India)
3.3xn/aUS$148.27m
522165 Indsil Hydro Power and Manganese
1.6xn/aUS$16.64m
PRAKASHSTL Prakash Steelage
3.8xn/aUS$16.58m
VENUSPIPES 33.2xIndustry Avg. 24.2xNo. of Companies26PE01632486480+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VENUSPIPES is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the Indian Metals and Mining industry average (24.2x).

Price to Earnings Ratio vs Fair Ratio

What is VENUSPIPES'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.

VENUSPIPES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.2x
Fair PE Ratio33.6x

Price-To-Earnings vs Fair Ratio: VENUSPIPES is good value based on its Price-To-Earnings Ratio (33.2x) compared to the estimated Fair Price-To-Earnings Ratio (33.6x).

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 VENUSPIPES forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,624.40
₹2,560.80
+57.6%
13.7%₹2,960.00₹2,062.00n/a5
Nov ’25₹1,929.05
₹2,637.60
+36.7%
13.5%₹3,160.00₹2,160.00n/a5
Oct ’25₹2,143.95
₹2,637.60
+23.0%
13.5%₹3,160.00₹2,160.00n/a5
Sep ’25₹2,429.90
₹2,529.60
+4.1%
9.7%₹2,808.00₹2,160.00n/a5
Aug ’25₹2,153.30
₹2,529.60
+17.5%
9.7%₹2,808.00₹2,160.00n/a5
Jul ’25₹2,096.00
₹2,283.83
+9.0%
13.4%₹2,700.00₹1,700.00n/a6
Jun ’25₹2,125.95
₹2,273.67
+6.9%
13.7%₹2,700.00₹1,700.00n/a6
May ’25₹2,082.60
₹2,136.17
+2.6%
16.1%₹2,648.00₹1,689.00n/a6
Apr ’25₹1,844.25
₹2,052.40
+11.3%
14.9%₹2,450.00₹1,689.00n/a5
Mar ’25₹1,904.10
₹2,052.40
+7.8%
14.9%₹2,450.00₹1,689.00n/a5
Feb ’25₹1,454.20
₹1,772.00
+21.9%
4.1%₹1,870.00₹1,689.00n/a5
Jan ’25₹1,423.35
₹1,761.40
+23.8%
3.3%₹1,844.00₹1,695.00n/a5
Dec ’24₹1,309.15
₹1,741.67
+33.0%
4.2%₹1,844.00₹1,686.00n/a3
Nov ’24₹1,362.85
₹1,741.67
+27.8%
4.2%₹1,844.00₹1,686.00₹1,929.053
Oct ’24₹1,310.05
₹1,683.00
+28.5%
6.2%₹1,809.00₹1,554.00₹2,143.953
Sep ’24₹1,535.25
₹1,659.33
+8.1%
6.6%₹1,809.00₹1,554.00₹2,429.903
Aug ’24₹1,247.15
₹1,231.33
-1.3%
2.0%₹1,258.00₹1,198.00₹2,153.303
Jul ’24₹1,147.25
₹1,231.33
+7.3%
2.0%₹1,258.00₹1,198.00₹2,096.003
Jun ’24₹1,095.10
₹1,231.33
+12.4%
2.0%₹1,258.00₹1,198.00₹2,125.953
May ’24₹877.25
₹1,001.67
+14.2%
4.1%₹1,037.00₹944.00₹2,082.603
Apr ’24₹746.00
₹1,001.67
+34.3%
4.1%₹1,037.00₹944.00₹1,844.253
Mar ’24₹720.05
₹984.00
+36.7%
4.1%₹1,024.00₹944.00₹1,904.102
Feb ’24₹730.10
₹922.50
+26.4%
1.9%₹940.00₹905.00₹1,454.202
Jan ’24₹714.80
₹922.50
+29.1%
1.9%₹940.00₹905.00₹1,423.352
Dec ’23₹680.30
₹876.50
+28.8%
3.3%₹905.00₹848.00₹1,309.152
Nov ’23₹750.60
₹813.00
+8.3%
6.0%₹862.00₹764.00₹1,362.852

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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