ART NIRMAN LIMITED Fair Value
ARTNIRMAN · Realty · Current price ₹40.98
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹13 | 5% ROE fading to 15% over ~3 yrs, on ₹15 book |
| Relative P/E | ₹8 | EPS × 35.9 peer-median P/E |
| Graham floor | ₹8 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is ART NIRMAN LIMITED undervalued?
DocStoX estimates the fair value of ART NIRMAN LIMITED at ₹11 per share, versus the current market price of ₹41. That puts the stock about -74.2% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is medium.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹13), Relative P/E (₹8), Graham floor (₹8). 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 ₹8 (bear) to ₹11 (base) to ₹13 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on ART NIRMAN 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.

