Prestige Estates Projects Limited

NSEI:PRESTIGE Stock Report

Market Cap: ₹681.8b

Prestige Estates Projects Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 (₹1582.95) is trading above our estimate of fair value (₹21.82)

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 Ratio100.1x
Earnings₹6.81b
Market Cap₹681.82b

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 Average42.5x
OBEROIRLTY Oberoi Realty
30.3x17.5%₹702.8b
LODHA Macrotech Developers
60.7x26.0%₹1.3t
GODREJPROP Godrej Properties
53.9x23.9%₹748.8b
533160 Valor Estate
25.2xn/a₹83.3b
PRESTIGE Prestige Estates Projects
100.1x40.4%₹681.8b

Price-To-Earnings vs Peers: PRESTIGE is expensive based on its Price-To-Earnings Ratio (100.1x) compared to the peer average (42.5x).

Price to Earnings Ratio vs Industry

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

14 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TREL Transindia Real Estate
4.9xn/aUS$103.34m
511726 Vipul
1.5xn/aUS$46.85m
513337 Gujarat Toolroom
0.8xn/aUS$23.05m
532123 BSEL Algo
4xn/aUS$13.93m
PRESTIGE 100.1xIndustry Avg. 33.9xNo. of Companies16PE020406080100+
14 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PRESTIGE is expensive based on its Price-To-Earnings Ratio (100.1x) compared to the Indian Real Estate industry average (33.9x).

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 Ratio100.1x
Fair PE Ratio66.1x

Price-To-Earnings vs Fair Ratio: PRESTIGE is expensive based on its Price-To-Earnings Ratio (100.1x) compared to the estimated Fair Price-To-Earnings Ratio (66.1x).

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₹1,582.95
₹1,917.12
+21.1%
13.1%₹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₹524.00n/a17
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
Nov ’23₹443.65
₹580.88
+30.9%
10.4%₹700.00₹470.00₹749.8516

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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