Ashika Global Securities Ltd. Valuation

ASHIKAG · Financial Services · Current price ₹498.55

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DocStoX fair value
₹292
low confidence
Current price
₹499
Upside
-41.4%
P/E ratio
37.0x
P/B ratio
Verdict
Expensive
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Is Ashika Global Securities Ltd. undervalued?

DocStoX estimates the fair value of Ashika Global Securities Ltd. at ₹292 per share, versus the current market price of ₹499. That puts the stock about -41.4% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 2 independent methods: Excess-return (book value) (₹244), Relative P/E (₹421). 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 ₹244 (bear) to ₹292 (base) to ₹421 (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

Ashika Global Securities Ltd. trades at a P/E of 37.0x and a P/B of —. 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 Ashika Global Securities Ltd.

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.