NELCAST
|
The Current P/B Ratio of NELCAST is 2.07.
Share Price | ₹123.6 | Dec 03,2024 |
Market Cap | ₹1,075.3 Cr | |
Book Value | ₹519.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.07x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NELCAST
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,075.3 Cr] as on Dec 03,2024
(/) Book Value [ ₹519.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.07x ]
Thus, for NELCAST , the investors are currently willing to pay '2.07 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of NELCAST !
The chart below summarizes the trend in P/B Ratio of NELCAST over the last five years.
Historical PB (Price/Book ) ratio chart of NELCAST
PB Ratio Performance Analysis for NELCAST
- NELCAST 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.38x.
- NELCAST 's operated at median p/b ratio of 1.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NELCAST 's p/b ratio peaked in Mar2024 at 2.15x.
- NELCAST 's p/b ratio hit its five-year low in Mar2020 of 0.62x.
How does NELCAST 's P/B Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NELCAST | 519.19 | 2.07 | 1,075.3 |
AIA ENGINEERING LTD | 6,657.74 | 4.91 | 32,675.2 |
PTC INDUSTRIES LTD | 642.19 | 27.96 | 17,954.4 |
ELECTROSTEEL CASTINGS LTD | 5,112.85 | 1.97 | 10,095.0 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 3,216.88 | 3.17 | 10,192.0 |
ALICON CASTALLOY LTD | 540.87 | 3.41 | 1,846.3 |
STEELCAST LTD | 269.62 | 6.09 | 1,642.1 |
UNI ABEX ALLOY PRODUCTS LTD | 113.18 | 5.23 | 591.6 |
SYNERGY GREEN INDUSTRIES LTD | 46.69 | 15.58 | 727.6 |
NITIN CASTINGS LTD | 71.70 | 4.97 | 356.6 |
INVESTMENT & PRECISION CASTINGS LTD | 85.66 | 4.80 | 411.1 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs NELCAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.97x |
Max industry PB | 27.96x |
Median industry PB | 4.91x |
Average industry PB | 7.29x |
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