PG Electroplast Limited (PGEL) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of PG Electroplast Limited ₹347, price ₹481, upside -27.8%, quality 22 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹29.35 – ₹1,023 · fair‑value band ₹260.41 – ₹434.02 · the ₹481.10 price screens above the ₹347.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 3, 2026.
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PG Electroplast Limited provides electronic manufacturing services for original equipment manufacturers in India and internationally.
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PG Electroplast Limited provides electronic manufacturing services for original equipment manufacturers in India and internationally. The company manufactures and/or assembles various consumer electronic components and finished products, such as kitchen appliances, air conditioners sub-assemblies, air cooler, washing machines, mobile handsets, and LEDs for third parties. It also offers automotive components; printed circuit board assemblies; LED televisions; bathroom fittings; and consumer electronics components. In addition, the company provides plastic moulding and other component, as well as engages in sheet metal parts and advanced tool manufacturing. PG Electroplast Limited was founded in 1977 and is based in Greater Noida, India.
Stock analysis
PG Electroplast Limited (PGEL) currently trades at ₹481.10, while our model-based Fair Value estimate is ₹347.22, 27.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹283.02 per share, and 0 of the 16 models we run sit above the ₹481.10 price.
Bear case: the Asset-Based group reads lowest at ₹71.29, and 16 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹260.41 (bear) to ₹434.02 (bull), the price of ₹481.10 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 22/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
PG Electroplast Limited reported revenue of ₹52.9B in FY2026 versus ₹11.1B in FY2022, a compound +47.7%/yr. Reported net income was ₹2.0B in FY2026, compounding +51.4%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹160B (≈ $1.7B) · P/E ratio 67.6 · P/S ratio 2.51 · EPS (TTM) ₹7.12 · Dividend yield 0.1% · Net margin 3.7% · Return on equity 6.7% · Return on assets (EBIT) 13.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −64% fair-value upside, at −28%, PGEL screens cheaper than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹3.17 to ₹325.37). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ₹260.41Fair Value ₹347.22Bull ₹434.02
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+34.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+49.7%
Start year 2021 (pandemic). Over 10 years: +35.1% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+27.9%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+63.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+62.9%
Dividend (yield on the price)0.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.62.9% vs 20.2%, picking up
Profit margin 2006 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4% → 6%
Compare PG Electroplast Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 631 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score22 · Bottom 25%
Fair Value upside−27.8% · Above median
Profitability
Return on equity (TTM)6.7% · Below median
Return on assets3.4% · Above median
Net margin (TTM)3.7% · Below median
Operating margin (TTM)5.5% · Above median
Growth and dividend
Revenue growth−10.1% · Bottom 25%
Dividend yield (TTM)0.1% · Bottom 25%
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (TTM)67.6× · Priciest 25%
P/B5.25× · Priciest 25%
P/S (TTM)3.03× · Pricier than median
EV/EBITDA40.7× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 57
PAST (return on equity)27· sector 27
HEALTH (low debt)98· sector 95
DIVIDEND (yield)1· sector 25
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is PG Electroplast Limited (PGEL) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹347.22 versus a price of ₹481.10, about −28% upside (overvalued).
What is the fair value of PGEL?
Our model-based fair value for PG Electroplast Limited is ₹347.22 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹481.10.
What is the quality score of PGEL?
PG Electroplast Limited has a Quality Score of 22/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for PG Electroplast Limited (PGEL)?
Our model-based price target is the fair value of ₹347.22 (as of Oct 3, 2026) from 16 valuation models. Cautious scenario ₹260.41, optimistic scenario ₹434.02. It is a calculation from audited fundamentals, not an analyst target.
What is the PG Electroplast Limited stock forecast for 2026?
Our models put fair value at ₹347.22, about −28% upside versus a price of ₹481.10 (overvalued). Cautious scenario ₹260.41, optimistic scenario ₹434.02. The calculation is refreshed regularly with new filings.
What is the revenue of PG Electroplast Limited (PGEL)?
PG Electroplast Limited reported trailing-twelve-month revenue of about ₹58.2B (latest available figure, as of Oct 3, 2026).
Does PG Electroplast Limited pay a dividend?
PG Electroplast Limited currently shows a dividend yield of about 0.05% relative to its recent price (as of Oct 3, 2026).
What is the intrinsic value of PG Electroplast Limited (PGEL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PG Electroplast Limited it is ₹347.22 per share (as of Oct 3, 2026), against a price of ₹481.10. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is PG Electroplast Limited stock overvalued or undervalued in 2026?
As of Oct 3, 2026, PGEL trades above its calculated fair value: price ₹481.10, fair value ₹347.22, a gap of about −28% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PGEL?
No. The price is what the market pays today (₹481.10); the fair value is what the company's own numbers justify (₹347.22). For PG Electroplast Limited the two are ₹133.88 per share apart. That gap is exactly why we show both numbers side by side.
How much is PG Electroplast Limited worth?
The market values PG Electroplast Limited at about ₹160B (market capitalisation, as of Oct 3, 2026). Per share that is ₹481.10; our models calculate a fair value of ₹347.22 per share.
What do the bullish and bearish scenarios say about PGEL?
Our models span a range for PG Electroplast Limited: cautious scenario ₹260.41, base ₹347.22, optimistic ₹434.02 per share (as of Oct 3, 2026, price ₹481.10). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PGEL?
PG Electroplast Limited trades at a price-to-earnings ratio of 67.6 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹347.22 is built from several models across several years. Other multiples: P/B 5.3, P/S 3.0, EV/EBITDA 40.7.
How solid is the balance sheet of PG Electroplast Limited (PGEL)?
Balance-sheet figures for PG Electroplast Limited (as of Oct 3, 2026): return on equity 6.7%, debt of 0.05 per unit of equity. They feed the Quality Score of 22/100, which measures business quality independently of the share price.
How far is PGEL from its 52-week high?
PG Electroplast Limited trades at ₹481.10, about 24% below its 52-week high of ₹630.35 and 9% above the low of ₹440.44 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹347.22 is for.
Which stocks are comparable to PG Electroplast Limited?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Hon Hai Precision Industry Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is PG Electroplast Limited stock attractive at the current price?
The data as of Oct 3, 2026: price ₹481.10, calculated fair value ₹347.22 (−28%), Quality Score 22/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PGEL calculated?
We run PG Electroplast Limited through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹347.22, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1 % above its aggregate fair value. PG Electroplast Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of PG Electroplast Limited (PGEL)?
The closing price on Oct 1, 2026 was ₹481.10. Our model-based fair value is ₹347.22, about −28% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PG Electroplast Limited right now?
The price sits above even our optimistic bull case (₹434.02). The favourable scenario is already priced in. Weak quality (22/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of PG Electroplast Limited
How large is the market capitalisation of PG Electroplast Limited (PGEL)?
The market capitalisation of PG Electroplast Limited is ₹160B (≈ $1.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of PG Electroplast Limited (PGEL)?
The price-to-sales ratio of PG Electroplast Limited is 2.51 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of PG Electroplast Limited (PGEL)?
Earnings per share at PG Electroplast Limited are ₹7.12 (price ÷ EPS = P/E 67.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of PG Electroplast Limited (PGEL)?
The dividend yield of PG Electroplast Limited is 0.1% (payout 3.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of PG Electroplast Limited (PGEL)?
The net margin of PG Electroplast Limited is 3.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of PG Electroplast Limited (PGEL)?
The return on equity (ROE) of PG Electroplast Limited is 6.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of PG Electroplast Limited (PGEL)?
On an EBIT basis the return on assets of PG Electroplast Limited is 13.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of PG Electroplast Limited (PGEL)?
The operating margin of PG Electroplast Limited is 6.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PG Electroplast Limited (PGEL)?
Revenue at PG Electroplast Limited is growing +35.3% versus a year earlier (3y avg +34.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at PG Electroplast Limited (PGEL)?
Earnings per share at PG Electroplast Limited are growing +13.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does PG Electroplast Limited (PGEL) generate?
The free cash flow of PG Electroplast Limited is −₹7.6B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does PG Electroplast Limited (PGEL) carry?
The net debt of PG Electroplast Limited is ₹2.1B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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