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NATIONAL ALUMINIUM COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of NATIONAL ALUMINIUM COMPANY is 2.54.

Share Price ₹181.4Apr 18,2024
Market Cap ₹33,306.7 Cr
Book Value₹13,126.4 CrMar2023 - Consolidated Results
Price/Book 2.54xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NATIONAL ALUMINIUM COMPANY

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of NATIONAL ALUMINIUM COMPANY is calculated as :

Current Market Cap [ ₹33,306.7 Cr] as on Apr 18,2024

(/) Book Value [ ₹13,126.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.54x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for NATIONAL ALUMINIUM COMPANY , the investors are currently willing to pay '2.54 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 NATIONAL ALUMINIUM COMPANY !

The chart below summarizes the trend in P/B Ratio of NATIONAL ALUMINIUM COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of NATIONAL ALUMINIUM COMPANY


PB Ratio Performance Analysis for NATIONAL ALUMINIUM COMPANY

- NATIONAL ALUMINIUM COMPANY 's latest p/b ratio is 2.54x.

- NATIONAL ALUMINIUM COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.07x.

- NATIONAL ALUMINIUM COMPANY 's operated at median p/b ratio of 0.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NATIONAL ALUMINIUM COMPANY 's p/b ratio peaked in Mar2022 at 1.78x.

- NATIONAL ALUMINIUM COMPANY 's p/b ratio hit its five-year low in Mar2020 of 0.54x.


How does NATIONAL ALUMINIUM COMPANY 's P/B Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?

Peer Comparison (Aluminium & Aluminium Products Industry)Book ValuePB RatioMarket Cap
NATIONAL ALUMINIUM COMPANY 13,126.402.5433,306.7
HARDWYN INDIA LTD372.562.951,100.4
ARFIN INDIA LTD88.099.94875.8
MAAN ALUMINIUM LTD130.286.31821.8
MMP INDUSTRIES LTD257.142.67687.8
PG FOILS LTD278.430.77213.6
MANAKSIA ALUMINIUM COMPANY LTD125.121.40175.3
CENTURY EXTRUSIONS LTD65.152.39156.0

Aluminium & Aluminium Products Industry Benchmark (Top 10) PB Analysis vs NATIONAL ALUMINIUM COMPANY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.77x
Max industry PB 9.94x
Median industry PB 2.67x
Average industry PB 3.62x



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