SO

Solar Industries India LtdNSE SOLARINDS Stock Report

Last reporting period 31 Mar, 2024

Updated 08 Nov, 2024

Last price

Market cap $B

1.259

Small

Exchange

XNSE - National Stock Exchange Of India

View Section: Eyestock Rating

Solar Industries Fair Value

SO

The fair market value of SOLARINDS.NS stock is 4576.66 INR. Relative to the market price of 10149.6 INR Solar Industries is overvalued by 54.9%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 54.9%
4 576.66 INR
SOLARINDS.NS Fair Value
10 149.6 INR
Market price of SOLARINDS.NS

Solar Industries Valuation

Current SOLARINDS.NS share ticker price is 10149.6 INR.

The fair value level of 4576.66 INR can be considered as an effective entry point for long-term investors to start investing in SOLARINDS.NS stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 55% higher its fair value

Min value

Current price is 69% higher its minimum value

Max value

Current price is 48% higher its maximum value

10.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

SOLARINDS.NS stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Solar Industries India Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

57.48

2

Median P/E over 5 years

49.65

3

Minimum P/E over 5 years

34.03

4

Earning per share (last 12 months)

92.19 INR

Maximum value

1

x

4

=

5 299.07 INR

Fair value

2

x

4

=

4 576.66 INR

Minimum value

3

x

4

=

3 137.36 INR

Solar Industries India Ltd price metrics

57.68

Annual return (geometric mean)

35.79

Risk (standard deviation) of returns

β

0.99

Beta (volatility compared to market)

It means that SOLARINDS.NS stock is less volatile than the broader market

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View Section: Profitability