Armour Security (India) (NSE:ARMOUR) EV-to-EBITDA: 8.12 (As of Sep. 09, 2026) — 25% Above Median

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NSE:ARMOUR Armour Security (India) Ltd NSE:ARMOUR
18 GF Score
Price ₹17.30
! 2 Warning Signs
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What is Armour Security (India) EV-to-EBITDA?

Armour Security (India) NSE:ARMOUR 18 EV-to-EBITDA is 8.12 as of Sep. 09, 2026, which is 25% above its 10-year median of 6.52. GuruFocus rates NSE:ARMOUR with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 907 Business Services companies, Armour Security (India) ranks worse than 55.02% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Armour Security (India)'s enterprise value is ₹349.6 Mil. Armour Security (India)'s EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was ₹43.0 Mil. Therefore, Armour Security (India)'s EV-to-EBITDA for today is 8.12.

The historical rank and industry rank for Armour Security (India)'s EV-to-EBITDA or its related term are showing as below:

NSE:ARMOUR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.72   Med: 6.52   Max: 12.79
Current: 8.13

During the past 3 years, the highest EV-to-EBITDA of Armour Security (India) was 12.79. The lowest was 5.72. And the median was 6.52.

NSE:ARMOUR's EV-to-EBITDA is ranked worse than
55.02% of 907 companies
in the Business Services industry
Industry Median: 7.49 vs NSE:ARMOUR: 8.13

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-09), Armour Security (India)'s stock price is ₹17.30. Armour Security (India)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1.722. Therefore, Armour Security (India)'s PE Ratio (TTM) for today is 10.05.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Armour Security (India)  (NSE:ARMOUR) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Armour Security (India)'s PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=17.30/1.722
=10.05

Armour Security (India)'s share price for today is ₹17.30.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Armour Security (India)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1.722.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Armour Security (India) EV-to-EBITDA Related Terms


Armour Security (India) EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Armour Security (India)'s EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Armour Security (India) EV-to-EBITDA Chart

Armour Security (India) Annual Data
Trend Mar23 Mar24 Mar25
EV-to-EBITDA
0.00 0.00 0.00

Armour Security (India) Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
EV-to-EBITDA 0.00 0.00 0.00 0.00

NSE:ARMOUR vs ALLE, MSA, ADT: EV-to-EBITDA Comparison

For the Security & Protection Services subindustry, Armour Security (India)'s EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Armour Security (India) EV-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Armour Security (India)'s EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Armour Security (India)'s EV-to-EBITDA falls into.


NSE:ARMOUR
18GF Score
Armour Security (India) Ltd NSE:ARMOUR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Armour Security (India) EV-to-EBITDA Calculation

Armour Security (India)'s EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=349.553/43.042
=8.12

Armour Security (India)'s current Enterprise Value is ₹349.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Armour Security (India)'s EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was ₹43.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.12 mean?
Armour Security (India) (NSE:ARMOUR) has a EV-to-EBITDA of 8.12 as of Sep. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Armour Security (India). This is 25% above median its historical median of 6.52. Over the past decade, Armour Security (India)'s EV-to-EBITDA has ranged from 5.72 to 12.79. According to the industry distribution chart, Armour Security (India) ranks #499 out of 907 companies in the Business Services industry, placing it in the top 55%.
Is Armour Security (India)'s EV-to-EBITDA too high?
Armour Security (India)'s current EV-to-EBITDA of 8.12 is 25% above median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 12.79. The Business Services industry median EV-to-EBITDA is 7.49. Armour Security (India)'s value of 8.12 is 8.4% above this industry median. Based on the distribution chart, Armour Security (India) ranks #499 out of 907 companies in the Business Services industry, which is below the industry midpoint. Overall, Armour Security (India) has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Armour Security (India)'s EV-to-EBITDA compare to ALLE and MSA?
According to the Business Services industry distribution chart, Armour Security (India) ranks #499 out of 907 companies for EV-to-EBITDA. This places Armour Security (India) in the lower half of its industry. The industry median EV-to-EBITDA is 7.49. Armour Security (India)'s value of 8.12 is 8.4% above this benchmark. Historically, Armour Security (India)'s own EV-to-EBITDA has ranged from 5.72 to 12.79 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 7.49, Armour Security (India) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Business Services company?
The median EV-to-EBITDA among Business Services companies is 7.49, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armour Security (India)'s current EV-to-EBITDA of 8.12 is 8.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Armour Security (India). For the Business Services industry, the median EV-to-EBITDA is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armour Security (India)'s current EV-to-EBITDA is 8.12, which is 25% above median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armour Security (India) stock overvalued right now?
Armour Security (India) (NSE:ARMOUR) has a current EV-to-EBITDA of 8.12. The current EV-to-EBITDA is 8.12, which is 25% above median its 10-year median of 6.52 and 8.4% above the Business Services industry median of 7.49. Armour Security (India)'s overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Armour Security (India) (NSE:ARMOUR), the current EV-to-EBITDA is 8.12 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Armour Security (India) Business Description

Address B-87, Second Floor Defense Colony, New Delhi, Delhi, IND, 110024
Armour Security (India) Ltd is engaged in providing comprehensive and customised Security services, Facility Management services, and Recruitment and Staffing solutions across India. It also specializes in providing ancillary services like event support and branding content creation. The company's consultancy services include Transition and Deputation Process Service, Mechanical Clean Service, House Keeping Service, Fire Fighting Service, Supervision Service and Reviews of the Service. Additionally, it offers consulting and advisory services and provides self-service technologies. The company derives the majority of revenue from the provision of Security and other Manpower Services.
18GF Score

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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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