NELCAST
|
The Current P/B Ratio of NELCAST is 1.88.
| Share Price | ₹119.2 | Mar 27,2026 |
| Market Cap | ₹1,037.0 Cr | |
| Book Value | ₹552.9 Cr | Mar2025 - 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 [ ₹1,037.0 Cr] as on Mar 27,2026
(/) Book Value [ ₹552.9 Cr] based on Mar2025 - 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 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 | 1.88 | 1,037.0 |
| AIA ENGINEERING LTD | 6,927.00 | 4.64 | 32,162.9 |
| PTC INDUSTRIES LTD | 1,382.32 | 16.93 | 23,409.0 |
| KIRLOSKAR FERROUS INDUSTRIES LTD | 3,419.66 | 1.77 | 6,043.6 |
| ELECTROSTEEL CASTINGS LTD | 5,781.59 | 0.85 | 4,939.9 |
| STEELCAST LTD | 325.87 | 7.05 | 2,298.8 |
| ALICON CASTALLOY LTD | 584.83 | 1.74 | 1,019.9 |
| SYNERGY GREEN INDUSTRIES LTD | 107.67 | 7.01 | 755.0 |
| UNI ABEX ALLOY PRODUCTS LTD | 141.62 | 3.83 | 541.8 |
| INVESTMENT & PRECISION CASTINGS LTD | 91.27 | 5.58 | 509.2 |
| MAGNA ELECTRO CASTINGS LTD | 129.30 | 2.97 | 383.8 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs NELCAST 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.85x |
| Max industry PB | 16.93x |
| Median industry PB | 3.83x |
| Average industry PB | 4.93x |
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