Praj Industries Ltd
NSE:PRAJIND

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Praj Industries Ltd
NSE:PRAJIND
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Price: 336.4 INR -2.61% Market Closed
Market Cap: 61.8B INR

Relative Value

The Relative Value of one PRAJIND stock under the Base Case scenario is 511.81 INR. Compared to the current market price of 336.4 INR, Praj Industries Ltd is Undervalued by 34%.

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.

PRAJIND Relative Value
Base Case
511.81 INR
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
84
vs Industry
13
Median 3Y
2.7
Median 5Y
2.8
Industry
0.9
Forward
1.9
vs History
4
vs Industry
11
Median 3Y
39.7
Median 5Y
42.5
Industry
16
Forward
49
vs History
vs Industry
7
Median 3Y
50.5
Median 5Y
41.7
Industry
8.9
vs History
vs Industry
3
Median 3Y
63.6
Median 5Y
47.7
Industry
14.8
vs History
84
vs Industry
2
Median 3Y
7.5
Median 5Y
7.5
Industry
1.3
vs History
77
vs Industry
16
Median 3Y
2.5
Median 5Y
2.6
Industry
1.1
Forward
1.8
vs History
90
vs Industry
34
Median 3Y
5.9
Median 5Y
6.4
Industry
5.5
vs History
61
vs Industry
9
Median 3Y
26.5
Median 5Y
28.9
Industry
9.9
Forward
24.3
vs History
7
vs Industry
10
Median 3Y
33.4
Median 5Y
36
Industry
12.7
Forward
41.5
vs History
vs Industry
8
Median 3Y
48.1
Median 5Y
38.6
Industry
10.3
vs History
vs Industry
6
Median 3Y
51.5
Median 5Y
41.4
Industry
12.7
vs History
87
vs Industry
3
Median 3Y
4.9
Median 5Y
5.2
Industry
0.9

Multiples Across Competitors

PRAJIND Competitors Multiples
Praj Industries Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Praj Industries Ltd
NSE:PRAJIND
61.8B INR 1.9 58.6 26.3 46.3
FR
Vinci SA
PAR:DG
67.1B EUR 0.9 14.1 6.6 9.6
US
Quanta Services Inc
NYSE:PWR
64.9B USD 2.4 63.7 29.2 45.9
IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR 2.1 34 21.5 25.3
IN
Larsen and Toubro Ltd
F:LTO
51.9B EUR 2 33.4 21.1 24.9
NL
Ferrovial SE
AEX:FER
39.9B EUR 4.3 11.9 33.9 49.9
ES
Ferrovial SA
MAD:FER
39.9B EUR 4.3 11.9 33.9 49.9
US
Comfort Systems USA Inc
NYSE:FIX
34.1B USD 4.1 40.7 26.6 30
CN
China State Construction Engineering Corp Ltd
SSE:601668
215.3B CNY 0.1 4.9 10.8 10.8
DE
Hochtief AG
XETRA:HOT
24.9B EUR 0.7 29.2 12.8 19
US
EMCOR Group Inc
NYSE:EME
28B USD 1.7 24.8 16.1 17.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IN
Praj Industries Ltd
NSE:PRAJIND
Average EV/EBITDA: 21.7
26.3
11%
2.4
FR
Vinci SA
PAR:DG
6.6
6%
1.1
US
Quanta Services Inc
NYSE:PWR
29.2
21%
1.4
IN
Larsen & Toubro Ltd
NSE:LT
21.5
18%
1.2
IN
Larsen and Toubro Ltd
F:LTO
21.1
18%
1.2
NL
Ferrovial SE
AEX:FER
33.9
10%
3.4
ES
Ferrovial SA
MAD:FER
33.9
10%
3.4
US
Comfort Systems USA Inc
NYSE:FIX
26.6
25%
1.1
CN
C
China State Construction Engineering Corp Ltd
SSE:601668
10.8
11%
1
DE
H
Hochtief AG
XETRA:HOT
12.8
4%
3.2
US
EMCOR Group Inc
NYSE:EME
16.1
11%
1.5