Larsen & Toubro Ltd
NSE:LT

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Larsen & Toubro Ltd
NSE:LT
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Price: 3 260.15 INR -4.68% Market Closed
Market Cap: 4.5T INR

Relative Value

The Relative Value of one LT stock under the Base Case scenario is 4 427.6 INR. Compared to the current market price of 3 260.15 INR, Larsen & Toubro Ltd is Undervalued by 26%.

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.

LT Relative Value
Base Case
4 427.6 INR
Undervaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
31
vs Industry
20
Median 3Y
1.9
Median 5Y
1.6
Industry
0.8
Forward
1.7
vs History
25
vs Industry
13
Median 3Y
33
Median 5Y
28.9
Industry
14
Forward
28.9
vs History
17
vs Industry
9
Median 3Y
26.5
Median 5Y
15.7
Industry
8.3
vs History
42
vs Industry
8
Median 3Y
47.4
Median 5Y
41.9
Industry
12.3
vs History
25
vs Industry
6
Median 3Y
4.9
Median 5Y
3.4
Industry
1.1
vs History
39
vs Industry
22
Median 3Y
2
Median 5Y
1.9
Industry
1
Forward
1.8
vs History
28
vs Industry
35
Median 3Y
5.9
Median 5Y
5.4
Industry
4.9
vs History
26
vs Industry
14
Median 3Y
18.7
Median 5Y
16.8
Industry
8.9
Forward
17.1
vs History
30
vs Industry
16
Median 3Y
22.3
Median 5Y
20.3
Industry
11.3
Forward
19.7
vs History
19
vs Industry
9
Median 3Y
28.2
Median 5Y
17.6
Industry
9.3
vs History
28
vs Industry
8
Median 3Y
37.5
Median 5Y
21.6
Industry
11.6
vs History
25
vs Industry
13
Median 3Y
1.9
Median 5Y
1.4
Industry
0.8

Multiples Across Competitors

LT Competitors Multiples
Larsen & Toubro Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Larsen & Toubro Ltd
NSE:LT
4.5T INR 1.8 32.2 18.9 22.4
FR
Vinci SA
PAR:DG
63.2B EUR 0.9 13 6.3 9.3
IN
Larsen and Toubro Ltd
F:LTO
46.2B EUR 1.7 31.1 18.3 21.7
US
Quanta Services Inc
NYSE:PWR
35.1B USD 1.5 38.8 18.4 29
NL
Ferrovial SE
AEX:FER
28.2B EUR 3.1 8.7 26 38.7
ES
Ferrovial SA
MAD:FER
28.4B EUR 3.1 8.8 26.2 39
CN
China State Construction Engineering Corp Ltd
SSE:601668
221B CNY 0.1 4.4 7.1 7.1
CA
WSP Global Inc
TSX:WSP
30B CAD 1.9 44 16 23.5
CN
China Communications Construction Co Ltd
SSE:601800
151.6B CNY 0.2 6.9 15.8 15.8
CN
China Railway Group Ltd
SSE:601390
138.4B CNY 0.1 5.2 9.5 9.5
ES
ACS Actividades de Construccion y Servicios SA
MAD:ACS
13.2B EUR 0.2 11.2 5.6 7.5