Ashirwad Steels & Industries Ltd Valuation
ASHSI · Industrial Products · Current price ₹24.2
Is Ashirwad Steels & Industries Ltd undervalued?
DocStoX estimates the fair value of Ashirwad Steels & Industries Ltd at ₹59 per share, versus the current market price of ₹24. That puts the stock about +142.0% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is high.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹59), Relative P/E (₹60), Graham floor (₹56). 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 ₹50 (bear) to ₹59 (base) to ₹67 (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
Ashirwad Steels & Industries Ltd trades at a P/E of 13.2x and a P/B of 0.3x, 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 Ashirwad Steels & Industries 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.

