Bajaj Finserv stock: fair value
BAJAJFINSV.NSThe fair value of Bajaj Finserv under our model is $5.69, the price is 253% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $4.06 and expensive above $9.48 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $1.41 (cash-flow model) and $9.97 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 16.2%. At 17.2% the fair value would be $5.62, at 15.2% it would be $5.77.
Where the number comes from
Half from the dividend model, half from earnings times the industry P/E (14.2).
Dividend model: the dividend grows by 6.9% a year for good and is discounted at 16.2% (government bond yield 6.9% plus beta 1.31 times a risk premium of 7.1%).
Calculate with your own assumptionsThe calculation step by step
With these figures the dividend model arrives at $1.41 per share: next year's dividend divided by the gap between the discount rate and growth. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Step | Value |
|---|---|
| Dividend per share | $0.12 |
| Next dividend: × (1 + 6.9%) | $0.13 |
| Value per share: next dividend / (16.2% − 6.9%) | $1.41 |
| Earnings per share, last twelve months | $0.70 |
| × 14.2 (industry P/E) | $9.97 |
| Fair value (average of both parts) | $5.69 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 6 Nov 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.