NELCAST
|
The Current P/B Ratio of NELCAST is 1.88.
Share Price | ₹112.1 | Jan 17,2025 |
Market Cap | ₹974.8 Cr | |
Book Value | ₹519.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.88x | 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 [ ₹974.8 Cr] as on Jan 17,2025
(/) Book Value [ ₹519.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.88x ]
Thus, for NELCAST , the investors are currently willing to pay '1.88 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 | 1.88 | 974.8 |
AIA ENGINEERING LTD | 6,657.74 | 4.90 | 32,615.0 |
PTC INDUSTRIES LTD | 642.19 | 38.55 | 24,756.3 |
ELECTROSTEEL CASTINGS LTD | 5,112.85 | 1.53 | 7,835.5 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 3,216.88 | 3.01 | 9,677.4 |
ALICON CASTALLOY LTD | 540.87 | 2.87 | 1,549.8 |
STEELCAST LTD | 269.62 | 6.39 | 1,722.9 |
UNI ABEX ALLOY PRODUCTS LTD | 113.18 | 4.47 | 506.4 |
SYNERGY GREEN INDUSTRIES LTD | 46.69 | 13.84 | 646.0 |
NITIN CASTINGS LTD | 71.70 | 4.62 | 331.6 |
INVESTMENT & PRECISION CASTINGS LTD | 85.66 | 5.20 | 445.1 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs NELCAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.53x |
Max industry PB | 38.55x |
Median industry PB | 4.62x |
Average industry PB | 7.93x |
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