Shoppers Stop Limited

NSEI:SHOPERSTOP Stock Report

Market Cap: ₹68.4b

Shoppers Stop Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: SHOPERSTOP (₹601.65) is trading above our estimate of fair value (₹422.89)

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

Key Valuation Metric

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

Key metric: As SHOPERSTOP is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SHOPERSTOP. This is calculated by dividing SHOPERSTOP's market cap by their current revenue.
What is SHOPERSTOP's PS Ratio?
PS Ratio1.5x
Sales₹44.68b
Market Cap₹68.39b

Price to Sales Ratio vs Peers

How does SHOPERSTOP's PS Ratio compare to its peers?

The above table shows the PS ratio for SHOPERSTOP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5x
VMART V-Mart Retail
2.4x15.5%₹69.5b
534597 RattanIndia Enterprises
1.3xn/a₹87.6b
511431 Vakrangee
10.9xn/a₹24.1b
ROCKINGDCE Rockingdeals Circular Economy
5.3xn/a₹3.0b
SHOPERSTOP Shoppers Stop
1.5x13.8%₹68.4b

Price-To-Sales vs Peers: SHOPERSTOP is good value based on its Price-To-Sales Ratio (1.5x) compared to the peer average (5x).

Price to Sales Ratio vs Industry

How does SHOPERSTOP's PS Ratio compare vs other companies in the Asian Multiline Retail Industry?

20 CompaniesPrice / SalesEstimated GrowthMarket Cap
SHOPERSTOP 1.5xIndustry Avg. 0.9xNo. of Companies20PS00.81.62.43.24+
20 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SHOPERSTOP is expensive based on its Price-To-Sales Ratio (1.5x) compared to the Asian Multiline Retail industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is SHOPERSTOP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SHOPERSTOP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ratio2.3x

Price-To-Sales vs Fair Ratio: SHOPERSTOP is good value based on its Price-To-Sales Ratio (1.5x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).

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 SHOPERSTOP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹601.65
₹789.40
+31.2%
15.3%₹1,000.00₹600.00n/a10
Nov ’25₹682.15
₹789.40
+15.7%
15.3%₹1,000.00₹600.00n/a10
Oct ’25₹827.50
₹831.40
+0.5%
15.7%₹1,070.00₹600.00n/a10
Sep ’25₹810.15
₹831.40
+2.6%
15.7%₹1,070.00₹600.00n/a10
Aug ’25₹755.30
₹831.40
+10.1%
15.7%₹1,070.00₹600.00n/a10
Jul ’25₹760.95
₹833.10
+9.5%
21.3%₹1,250.00₹616.00n/a10
Jun ’25₹729.85
₹822.40
+12.7%
21.0%₹1,250.00₹616.00n/a10
May ’25₹717.05
₹825.40
+15.1%
21.3%₹1,250.00₹600.00n/a10
Apr ’25₹778.30
₹789.70
+1.5%
18.8%₹1,100.00₹600.00n/a10
Mar ’25₹742.50
₹810.78
+9.2%
17.5%₹1,100.00₹608.00n/a9
Feb ’25₹747.45
₹819.70
+9.7%
16.7%₹1,100.00₹608.00n/a10
Jan ’25₹683.95
₹837.70
+22.5%
15.5%₹1,100.00₹693.00n/a10
Dec ’24₹682.90
₹837.70
+22.7%
15.5%₹1,100.00₹693.00n/a10
Nov ’24₹627.45
₹838.82
+33.7%
14.8%₹1,100.00₹693.00₹682.1511
Oct ’24₹685.30
₹849.45
+24.0%
13.6%₹1,100.00₹675.00₹827.5011
Sep ’24₹724.60
₹849.45
+17.2%
13.6%₹1,100.00₹675.00₹810.1511
Aug ’24₹809.80
₹853.27
+5.4%
13.0%₹1,100.00₹707.00₹755.3011
Jul ’24₹816.65
₹838.10
+2.6%
14.7%₹1,100.00₹700.00₹760.9510
Jun ’24₹765.15
₹827.20
+8.1%
15.5%₹1,100.00₹700.00₹729.8510
May ’24₹663.10
₹822.20
+24.0%
16.1%₹1,100.00₹683.00₹717.0510
Apr ’24₹648.75
₹806.78
+24.4%
17.2%₹1,100.00₹650.00₹778.309
Mar ’24₹642.65
₹806.78
+25.5%
17.2%₹1,100.00₹650.00₹742.509
Feb ’24₹658.65
₹785.40
+19.2%
18.8%₹1,100.00₹583.00₹747.4510
Jan ’24₹709.35
₹772.20
+8.9%
19.6%₹1,100.00₹583.00₹683.9510
Dec ’23₹700.90
₹785.33
+12.0%
19.6%₹1,100.00₹583.00₹682.909
Nov ’23₹762.40
₹784.22
+2.9%
19.6%₹1,100.00₹583.00₹627.459

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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