ARMOUR SECURITY (INDIA) L Valuation

ARMOUR · Services · Current price ₹18.65

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DocStoX fair value
₹36
high confidence
Current price
₹19
Upside
+92.2%
P/E ratio
5.9x
P/B ratio
0.7x
Verdict
Strong Buy
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Is ARMOUR SECURITY (INDIA) L undervalued?

DocStoX estimates the fair value of ARMOUR SECURITY (INDIA) L at ₹36 per share, versus the current market price of ₹19. That puts the stock about +92.2% below our fair-value estimate, which we read as "Strong Buy". Our confidence in this estimate is high.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹32), Relative P/E (₹39), Graham floor (₹44). 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 ₹30 (bear) to ₹36 (base) to ₹44 (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

ARMOUR SECURITY (INDIA) L trades at a P/E of 5.9x and a P/B of 0.7x. 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 ARMOUR SECURITY (INDIA) L

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.