ICRA Ltd
NSE:ICRA

Watchlist Manager
ICRA Ltd Logo
ICRA Ltd
NSE:ICRA
Watchlist
Price: 5 704.5 INR -2.5% Market Closed
Market Cap: 54.9B INR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one ICRA stock under the Base Case scenario is 6 263.04 INR. Compared to the current market price of 5 704.5 INR, ICRA Ltd is Undervalued by 9%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ICRA Relative Value
Base Case
6 263.04 INR
Undervaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

11.3
P/S
P/S
Price to Sales
11.3
vs History
39
vs Industry
16
Median 3Y
11.8
Median 5Y
11.3
Industry
3.1
Forward
10.7
More Details
34.1
P/E
P/E
Price to Earnings
34.1
vs History
52
vs Industry
14
Median 3Y
35.3
Median 5Y
35.3
Industry
14.5
Forward
31.3
More Details
41
P/OCF
P/OCF
Price to OCF
41
vs History
73
vs Industry
8
Median 3Y
47.6
Median 5Y
47.6
Industry
9.8
More Details
48.4
P/FCFE
P/FCFE
Price to FCFE
48.4
vs History
65
vs Industry
9
Median 3Y
55
Median 5Y
55.1
Industry
12.1
More Details
5.8
P/B
P/B
Price to Book Value
5.8
vs History
14
vs Industry
8
Median 3Y
5.5
Median 5Y
4.8
Industry
1.2
More Details
9.9
EV/S
EV/S
Enterprise Value to Sales
9.9
vs History
44
vs Industry
21
Median 3Y
10.9
Median 5Y
10.1
Industry
4.7
Forward
9.4
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.9
More Details
28.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
28.7
vs History
46
vs Industry
20
Median 3Y
29.4
Median 5Y
29
Industry
13.6
Forward
26.9
More Details
31.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
31.7
vs History
44
vs Industry
15
Median 3Y
31.3
Median 5Y
31
Industry
13.9
Forward
29.5
More Details
36
EV/OCF
EV/OCF
Enterprise Value to OCF
36
vs History
74
vs Industry
11
Median 3Y
42.5
Median 5Y
42.3
Industry
12
More Details
38.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
38.8
vs History
69
vs Industry
10
Median 3Y
46.6
Median 5Y
46
Industry
13.1
More Details
9
EV/IC
EV/IC
Enterprise Value to IC
9
vs History
14
vs Industry
5
Median 3Y
8
Median 5Y
7.9
Industry
0.9
More Details

Multiples Across Competitors

ICRA Competitors Multiples
ICRA Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
ICRA Ltd
NSE:ICRA
54.9B INR 11.3 34.1 28.7 31.7
US
S&P Global Inc
NYSE:SPGI
155.7B USD 10.7 39.4 23.2 27.8
US
Intercontinental Exchange Inc
NYSE:ICE
102.4B USD 8.4 36.8 19.5 26.1
US
CME Group Inc
NASDAQ:CME
102.3B USD 10 28.6 12.5 13.1
US
Moody's Corp
NYSE:MCO
84.7B USD 11.7 40.2 25.5 29.3
UK
London Stock Exchange Group PLC
LSE:LSEG
60.1B GBP 6.8 87.7 15.3 35.3
HK
Hong Kong Exchanges and Clearing Ltd
HKEX:388
472.1B HKD 27.2 36.2 21.3 24.4
DE
Deutsche Boerse AG
XETRA:DB1
53.1B EUR 7.4 26.9 17 19.8
US
Coinbase Global Inc
NASDAQ:COIN
50.6B USD 7.7 19.6 19.6 20.7
US
Nasdaq Inc
NASDAQ:NDAQ
45.5B USD 5.8 35.6 19.9 25.7
CN
East Money Information Co Ltd
SZSE:300059
328.8B CNY 26 31.7 27.2 27.2

See Also

Summary
ICRA intrinsic value, competitors valuation, and company profile.
DCF Valuation
ICRA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ICRA stock valuation using valuation multiples.
Wall Street Estimates
ICRA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ICRA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 253,700+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.