NCC
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The Current P/B Ratio of NCC is 2.54.
Share Price | ₹249.9 | Apr 26,2024 |
Market Cap | ₹15,688.7 Cr | |
Book Value | ₹6,166.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.54x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NCC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹15,688.7 Cr] as on Apr 26,2024
(/) Book Value [ ₹6,166.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.54x ]
Thus, for NCC , 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 NCC !
The chart below summarizes the trend in P/B Ratio of NCC over the last five years.
Historical PB (Price/Book ) ratio chart of NCC
PB Ratio Performance Analysis for NCC
- NCC 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.87x.
- NCC 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NCC 's p/b ratio peaked in Mar2019 at 1.48x.
- NCC 's p/b ratio hit its five-year low in Mar2020 of 0.23x.
How does NCC 's P/B Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NCC | 6,166.83 | 2.54 | 15,688.7 |
LARSEN & TOUBRO LTD | 88,858.90 | 5.57 | 495,197.0 |
RAIL VIKAS NIGAM LTD | 7,325.10 | 8.25 | 60,434.3 |
GMR AIRPORTS INFRASTRUCTURE LTD | -792.78 | -69.12 | 54,800.4 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 13,378.90 | 3.11 | 41,542.3 |
IRCON INTERNATIONAL LTD | 5,211.49 | 4.53 | 23,588.1 |
KEC INTERNATIONAL LTD | 3,771.42 | 4.95 | 18,672.3 |
KALPATARU PROJECTS INTERNATIONAL LTD | 4,720.62 | 4.08 | 19,273.4 |
GR INFRAPROJECTS LTD | 6,265.13 | 2.10 | 13,168.1 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 969.17 | 16.41 | 15,903.7 |
PNC INFRATECH LTD | 4,285.04 | 2.70 | 11,587.9 |
Engineering - Construction Industry Benchmark (Top 10) PB Analysis vs NCC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -69.12x |
Max industry PB | 16.41x |
Median industry PB | 4.08x |
Average industry PB | -1.35x |
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