NELCAST
|
The Current P/B Ratio of NELCAST is 2.32.
Share Price | ₹147.2 | Jul 04,2025 |
Market Cap | ₹1,280.6 Cr | |
Book Value | ₹552.9 Cr | Mar2025 - Consolidated Results |
Price/Book | 2.32x | 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 [ ₹1,280.6 Cr] as on Jul 04,2025
(/) Book Value [ ₹552.9 Cr] based on Mar2025 - Consolidated Results
(=) P/B Ratio [ 2.32x ]
Thus, for NELCAST , the investors are currently willing to pay '2.32 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 | 2.32 | 1,280.6 |
AIA ENGINEERING LTD | 6,927.00 | 4.46 | 30,905.8 |
PTC INDUSTRIES LTD | 1,386.66 | 16.09 | 22,305.5 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 3,435.04 | 2.73 | 9,384.2 |
ELECTROSTEEL CASTINGS LTD | 5,781.59 | 1.35 | 7,782.9 |
STEELCAST LTD | 325.87 | 7.54 | 2,457.8 |
ALICON CASTALLOY LTD | 593.27 | 2.47 | 1,468.2 |
SYNERGY GREEN INDUSTRIES LTD | 107.67 | 7.62 | 820.1 |
UNI ABEX ALLOY PRODUCTS LTD | 141.62 | 4.67 | 661.6 |
INVESTMENT & PRECISION CASTINGS LTD | 91.27 | 5.46 | 498.1 |
MAGNA ELECTRO CASTINGS LTD | 129.30 | 4.21 | 544.1 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs NELCAST 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.35x |
Max industry PB | 16.09x |
Median industry PB | 4.46x |
Average industry PB | 5.36x |
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