PG Electroplast Limited

NSEI:PGEL Stock Report

Market Cap: ₹186.5b

PG Electroplast Valuation

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

Below Fair Value: PGEL (₹712.45) is trading above our estimate of fair value (₹144.67)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PGEL. This is calculated by dividing PGEL's market cap by their current earnings.
What is PGEL's PE Ratio?
PE Ratio97.2x
Earnings₹1.92b
Market Cap₹186.45b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PGEL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average121x
SYRMA Syrma SGS Technology
94.8x34.8%₹100.5b
KAYNES Kaynes Technology India
158.8x32.5%₹377.0b
CYIENTDLM Cyient DLM
77.3x47.1%₹52.0b
WEL Wonder Electricals
153.1xn/a₹18.1b
PGEL PG Electroplast
97.2x27.1%₹186.5b

Price-To-Earnings vs Peers: PGEL is good value based on its Price-To-Earnings Ratio (97.2x) compared to the peer average (121x).

Price to Earnings Ratio vs Industry

How does PGEL's PE Ratio compare vs other companies in the IN Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
PGEL 97.2xIndustry Avg. 56.8xNo. of Companies8PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PGEL is expensive based on its Price-To-Earnings Ratio (97.2x) compared to the Indian Electronic industry average (56.8x).

Price to Earnings Ratio vs Fair Ratio

What is PGEL'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.

PGEL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio97.2x
Fair PE Ratio57.2x

Price-To-Earnings vs Fair Ratio: PGEL is expensive based on its Price-To-Earnings Ratio (97.2x) compared to the estimated Fair Price-To-Earnings Ratio (57.2x).

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 PGEL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹712.45
₹580.98
-18.5%
34.8%₹780.00₹220.90n/a5
Nov ’25₹641.15
₹547.18
-14.7%
33.0%₹720.00₹220.90n/a5
Oct ’25₹632.05
₹409.30
-35.2%
33.6%₹545.00₹220.90n/a3
Sep ’25₹525.15
₹409.30
-22.1%
33.6%₹545.00₹220.90n/a3
Aug ’25₹434.70
₹409.30
-5.8%
33.6%₹545.00₹220.90n/a3
Jul ’25₹390.79
₹285.37
-27.0%
17.2%₹340.00₹220.90n/a3
Jun ’25₹259.02
₹285.37
+10.2%
17.2%₹340.00₹220.90n/a3
May ’25₹210.88
₹233.30
+10.6%
4.0%₹243.00₹220.90n/a3
Apr ’25₹179.25
₹234.80
+31.0%
4.2%₹243.00₹220.90n/a3
Mar ’25₹183.31
₹230.70
+25.9%
4.2%₹240.50₹220.90n/a2
Feb ’25₹192.83
₹254.10
+31.8%
5.4%₹267.70₹240.50n/a2
Jan ’25₹238.46
₹250.50
+5.0%
6.5%₹266.80₹234.20n/a2
Dec ’24₹234.96
₹250.50
+6.6%
6.5%₹266.80₹234.20n/a2
Nov ’24₹196.27
₹207.45
+5.7%
0.6%₹208.60₹206.30₹641.152
Oct ’24₹177.61
₹207.45
+16.8%
0.6%₹208.60₹206.30₹632.052
Sep ’24₹199.70
₹207.45
+3.9%
0.6%₹208.60₹206.30₹525.152

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

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