Margin of safety kya hai, kaise calculate karein, value investing ka core concept — Hindi guide.
Published by The Retail Trader · AUG 08, 2026 · Features
Margin of safety kya hai, kaise calculate karein, value investing ka core concept — Hindi guide.
Margin of safety = Intrinsic value aur market price ka difference. Agar tumhare calculation ke according stock ki value ₹100 hai aur market price ₹70 hai, toh ₹30 ka margin of safety hai.
Warren Buffett: "Price is what you pay, value is what you get."
Ye teen baatein dhyaan mein rakho:
• Intrinsic Value: ₹100 (tumhare calculation ke according)
• Market Price: ₹70
• Margin of Safety: (₹100 - ₹70) / ₹100 = 30%
Agar tum galat ho toh bhi margin of safety tumhe bachata hai.
30% margin = Stock 30% gira toh bhi tumhara paisa safe hai (break-even).
30% discount pe kharida → Agar stock ₹100 tak jaaye → 43% return.
Ye paanch baatein dhyaan mein rakho:
• Stable large cap — 20-30%
• Mid cap — 30-40%
• Small cap — 40-50%
• Cyclical stock — 50%+
• Turnaround story — 50%+
Ye saat baatein dhyaan mein rakho:
• Reliance intrinsic value: ₹3,000
• Market price: ₹2,100
• Margin of safety: 30%
• If correct: Stock goes to ₹3,000 → 43% return
• If wrong (value is ₹2,500): Still ₹400 upside → 19% return
• If very wrong (value is ₹2,100): Break even
Ye baatein dhyaan mein rakho:
• 📌 MARGIN OF SAFETY
• 📊 Intrinsic value - Market price = Safety buffer
• 📊 Warren Buffett ka core concept
• 📊 Protection against errors
• CALCULATION:
• 📊 (Intrinsic Value - Market Price) / Intrinsic Value
• 📊 30%+ margin chahiye
• HOW MUCH:
• 📊 Large cap: 20-30%
• 📊 Mid cap: 30-40%
• 📊 Small cap: 40-50%
• 📊 Cyclical: 50%+
• WHY IT MATTERS:
• ✅ Protection against calculation errors
• ✅ Downside protection
• ✅ Upside potential
• ✅ Peace of mind
Ye baatein dhyaan mein rakho:
• Value Investing | PE Ratio | How to Analyze a Stock
The Retail Trader — educational market analysis. Not investment advice.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.