| NELCAST  | 
The Current P/B Ratio of NELCAST  is 1.83.
                
| Share Price | ₹116.1 | Oct 31,2025 | 
| Market Cap | ₹1,010.1 Cr | |
| Book Value | ₹552.9 Cr | Mar2025 - Consolidated Results | 
| Price/Book | 1.83x | 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 [ ₹1,010.1 Cr] as on Oct 31,2025                     
                    (/) Book Value [ ₹552.9 Cr] based on Mar2025 - Consolidated Results
                                    
                
                (=) P/B Ratio [ 1.83x ]
            
Thus, for NELCAST , the investors are currently willing to pay '1.83 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 Mar2025 to Mar2021 averaged 1.51x.
- 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 Mar2022 of 1.16x.
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 | 552.89 | 1.83 | 1,010.1 | 
| AIA ENGINEERING LTD | 6,927.00 | 4.39 | 30,420.6 | 
| PTC INDUSTRIES LTD | 1,382.32 | 18.73 | 25,892.7 | 
| KIRLOSKAR FERROUS INDUSTRIES LTD | 3,419.66 | 2.49 | 8,517.0 | 
| ELECTROSTEEL CASTINGS LTD | 5,781.59 | 0.98 | 5,645.3 | 
| STEELCAST LTD | 325.87 | 6.99 | 2,277.0 | 
| ALICON CASTALLOY LTD | 584.83 | 2.59 | 1,515.7 | 
| SYNERGY GREEN INDUSTRIES LTD | 107.67 | 7.68 | 826.8 | 
| UNI ABEX ALLOY PRODUCTS LTD | 141.62 | 4.55 | 644.4 | 
| INVESTMENT & PRECISION CASTINGS LTD | 91.27 | 5.59 | 510.0 | 
| MAGNA ELECTRO CASTINGS LTD | 129.30 | 3.29 | 425.8 | 
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs NELCAST 's P/B Ratio
| Top 10 Industry Peers | PB Ratio | 
|---|---|
| Min industry PB | 0.98x | 
| Max industry PB | 18.73x | 
| Median industry PB | 4.39x | 
| Average industry PB | 5.37x | 
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