AJAX ENGINEERING LIMITED Valuation

AJAXENGG · Capital Goods · Current price ₹572.9

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DocStoX fair value
₹502
low confidence
Current price
₹573
Upside
-12.4%
P/E ratio
29.1x
P/B ratio
4.8x
Verdict
Fairly Valued
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Is AJAX ENGINEERING LIMITED undervalued?

DocStoX estimates the fair value of AJAX ENGINEERING LIMITED at ₹502 per share, versus the current market price of ₹573. That puts the stock about -12.4% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 4 independent methods: Residual income (₹184), Relative P/E (₹1,139), Graham floor (₹232), Analyst target (₹692). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.

Bear, base and bull scenarios

Our scenarios span ₹184 (bear) to ₹502 (base) to ₹1,139 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Valuation multiples

AJAX ENGINEERING LIMITED trades at a P/E of 29.1x and a P/B of 4.8x, with a dividend yield of 0.0%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

More on AJAX ENGINEERING LIMITED

DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.