Models
P H CAPITAL LIMITEDBSE 500143Finance
₹41per share · Base Model Note
Revenue growth, the horizon and scenarios are yours to change. Every other input is part of the Trader plan; saving, sharing a saved link and the live-formula workbook are part of the Institutional plan.
Scenario
Value per share, your model₹41implied P/B 0.21× on FY26 book
Against CMP ₹1,050.00−96.1%close of 2026-09-10
Cost of equity7.64%risk-free + beta × equity risk premium
Book equity, FY26₹193per share · excess returns add ₹(153)
This figure is the arithmetic of your inputs and nothing else. MarketPing publishes no fair value, target or rating; the model is yours.
Excess-return schedule · ₹ crore · book equity earns your ROE; value is book plus the returns above the cost of equity
| ₹ crore | FY27 | FY28 | FY29 | FY30 | FY31 |
|---|---|---|---|---|---|
| Opening book equity | 58 | 61 | 65 | 68 | 72 |
| Net income at 5.6% ROE | 3 | 3 | 4 | 4 | 4 |
| Cost of equity charge at 7.64% | (4) | (5) | (5) | (5) | (5) |
| Excess return | (1) | (1) | (1) | (1) | (1) |
| Present value | (1) | (1) | (1) | (1) | (1) |
| Closing book equity | 61 | 65 | 68 | 72 | 76 |
| Book equity today | 58 |
| PV of 5 years of excess return | (5) |
| PV of the terminal excess return, 5% flat | (40) |
| add non-operating investments | 0 |
| Equity value | 12 |
| ÷ 0.30 crore shares | ₹41 |
ROE is at or below the cost of equity, so every year destroys value against book and the model lands below book value. That is the arithmetic, not a view.
Where the methods land · ₹ per share · the dashed line is the CMP
52-week rangetraded range, a fact not a value
₹165₹1,159
Scenarios side by side · ₹ per share
| Scenario | Template | Growth | Margin | Rate | Terminal | ₹ / share | vs CMP |
|---|---|---|---|---|---|---|---|
| Base · editing | Excess return | ROE 5.6% | — | 7.64% | 5% | ₹41 | (96.1)% |
A scenario is a full set of inputs under a name. Keep Base as the filed history carried forward; add Bull and Bear by saving the current inputs under those names and moving the two or three assumptions you actually hold a view on. The distribution above draws each driver between the lowest and highest value across your scenarios, so three scenarios give it a real range; with one scenario it falls back to fixed bands.