NELCAST
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The Current P/B Ratio of NELCAST is 1.68.
Share Price | ₹100.0 | May 13,2025 |
Market Cap | ₹870.1 Cr | |
Book Value | ₹519.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.68x | 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 [ ₹870.1 Cr] as on May 13,2025
(/) Book Value [ ₹519.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.68x ]
Thus, for NELCAST , the investors are currently willing to pay '1.68 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 | 1.68 | 870.1 |
AIA ENGINEERING LTD | 6,657.74 | 4.53 | 30,152.7 |
PTC INDUSTRIES LTD | 642.19 | 29.75 | 19,104.6 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 3,435.04 | 2.47 | 8,477.9 |
ELECTROSTEEL CASTINGS LTD | 5,781.59 | 1.05 | 6,059.5 |
STEELCAST LTD | 269.62 | 7.10 | 1,915.4 |
ALICON CASTALLOY LTD | 593.27 | 1.89 | 1,123.2 |
SYNERGY GREEN INDUSTRIES LTD | 107.67 | 7.42 | 798.8 |
UNI ABEX ALLOY PRODUCTS LTD | 113.18 | 4.92 | 556.8 |
INVESTMENT & PRECISION CASTINGS LTD | 85.66 | 4.93 | 422.5 |
MAGNA ELECTRO CASTINGS LTD | 108.38 | 3.55 | 384.3 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs NELCAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.05x |
Max industry PB | 29.75x |
Median industry PB | 4.53x |
Average industry PB | 6.30x |
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