National Securities Depository Ltd Valuation
NSDL · Financial Services · Current price ₹822.35
Is National Securities Depository Ltd undervalued?
DocStoX estimates the fair value of National Securities Depository Ltd at ₹331 per share, versus the current market price of ₹822. That puts the stock about -59.8% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 2 independent methods: Excess-return (book value) (₹144), Relative P/E (₹828). 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 ₹144 (bear) to ₹331 (base) to ₹828 (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
National Securities Depository Ltd trades at a P/E of 47.9x and a P/B of 7.0x, with a dividend yield of 0.2%. 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 National Securities Depository 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.