Prestige Estates Projects Limited

NSEI:PRESTIGE Stock Report

Market Cap: ₹772.9b

Prestige Estates Projects Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: PRESTIGE (₹1794.5) is trading above our estimate of fair value (₹22.41)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PRESTIGE. This is calculated by dividing PRESTIGE's market cap by their current earnings.
What is PRESTIGE's PE Ratio?
PE Ratio113.5x
Earnings₹6.81b
Market Cap₹772.95b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PRESTIGE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average61.7x
OBEROIRLTY Oberoi Realty
35.2x18.1%₹817.3b
LODHA Macrotech Developers
67.5x26.0%₹1.4t
GODREJPROP Godrej Properties
61.9x24.4%₹860.2b
515055 Anant Raj
82.2x36.3%₹289.2b
PRESTIGE Prestige Estates Projects
113.5x41.2%₹772.9b

Price-To-Earnings vs Peers: PRESTIGE is expensive based on its Price-To-Earnings Ratio (113.5x) compared to the peer average (61.7x).

Price to Earnings Ratio vs Industry

How does PRESTIGE's PE Ratio compare vs other companies in the IN Real Estate Industry?

16 CompaniesPrice / EarningsEstimated GrowthMarket Cap
511726 Vipul
1.3xn/aUS$42.66m
513337 Gujarat Toolroom
2xn/aUS$28.44m
FMNL Future Market Networks
1.5xn/aUS$15.65m
532123 BSEL Algo
3.9xn/aUS$13.59m
PRESTIGE 113.5xIndustry Avg. 36.0xNo. of Companies16PE020406080100+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PRESTIGE is expensive based on its Price-To-Earnings Ratio (113.5x) compared to the Indian Real Estate industry average (36x).

Price to Earnings Ratio vs Fair Ratio

What is PRESTIGE'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.

PRESTIGE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio113.5x
Fair PE Ratio68.4x

Price-To-Earnings vs Fair Ratio: PRESTIGE is expensive based on its Price-To-Earnings Ratio (113.5x) compared to the estimated Fair Price-To-Earnings Ratio (68.4x).

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 PRESTIGE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,794.50
₹1,911.44
+6.5%
14.1%₹2,380.00₹1,465.00n/a18
Dec ’25₹1,650.55
₹1,895.94
+14.9%
14.2%₹2,380.00₹1,465.00n/a17
Nov ’25₹1,639.75
₹1,923.65
+17.3%
12.5%₹2,380.00₹1,465.00n/a17
Oct ’25₹1,817.65
₹1,850.11
+1.8%
16.0%₹2,380.00₹1,270.00n/a18
Sep ’25₹1,813.15
₹1,844.24
+1.7%
16.1%₹2,320.00₹1,270.00n/a17
Aug ’25₹1,755.35
₹1,725.18
-1.7%
17.7%₹2,320.00₹1,270.00n/a17
Jul ’25₹1,840.40
₹1,634.94
-11.2%
18.2%₹2,320.00₹1,215.00n/a17
Jun ’25₹1,597.55
₹1,599.47
+0.1%
15.2%₹1,940.00₹1,215.00n/a17
May ’25₹1,380.25
₹1,379.59
-0.05%
15.9%₹1,900.00₹985.00n/a17
Apr ’25₹1,267.05
₹1,352.06
+6.7%
15.2%₹1,900.00₹985.00n/a17
Mar ’25₹1,167.45
₹1,307.50
+12.0%
19.5%₹1,900.00₹650.00n/a18
Feb ’25₹1,241.70
₹1,100.11
-11.4%
26.4%₹1,596.00₹581.00n/a18
Jan ’25₹1,188.70
₹939.56
-21.0%
21.5%₹1,317.00₹581.00n/a18
Dec ’24₹1,037.80
₹839.35
-19.1%
18.4%₹1,065.00₹524.00₹1,650.5517
Nov ’24₹749.85
₹714.82
-4.7%
16.2%₹917.00₹524.00₹1,639.7517
Oct ’24₹602.60
₹674.50
+11.9%
12.1%₹900.00₹524.00₹1,817.6516
Sep ’24₹668.45
₹665.06
-0.5%
12.3%₹900.00₹524.00₹1,813.1517
Aug ’24₹580.90
₹626.82
+7.9%
10.9%₹800.00₹524.00₹1,755.3517
Jul ’24₹574.85
₹597.00
+3.9%
10.9%₹800.00₹524.00₹1,840.4017
Jun ’24₹487.55
₹591.71
+21.4%
11.1%₹800.00₹524.00₹1,597.5517
May ’24₹490.70
₹580.88
+18.4%
12.4%₹800.00₹500.00₹1,380.2516
Apr ’24₹403.20
₹583.60
+44.7%
12.6%₹800.00₹500.00₹1,267.0515
Mar ’24₹406.90
₹583.60
+43.4%
12.6%₹800.00₹500.00₹1,167.4515
Feb ’24₹409.85
₹590.13
+44.0%
8.4%₹700.00₹520.00₹1,241.7016
Jan ’24₹463.55
₹592.63
+27.8%
8.6%₹700.00₹520.00₹1,188.7016
Dec ’23₹496.00
₹588.25
+18.6%
9.8%₹700.00₹470.00₹1,037.8016

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:50
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

Prestige Estates Projects Limited is covered by 45 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Karan KhannaAmbit Capital
null nullAntique Stockbroking Ltd.