NELCAST
|
The Current P/B Ratio of NELCAST is 1.96.
| Share Price | ₹134.7 | Jul 24,2026 |
| Market Cap | ₹1,171.5 Cr | |
| Book Value | ₹596.6 Cr | Mar2026 - Consolidated Results |
| Price/Book | 1.96x | 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 [ ₹1,171.5 Cr] as on Jul 24,2026
(/) Book Value [ ₹596.6 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 1.96x ]
Thus, for NELCAST , the investors are currently willing to pay '1.96 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 Mar2026 to Mar2022 averaged 1.59x.
- NELCAST 's operated at median p/b ratio of 1.65x 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 | 596.64 | 1.96 | 1,171.5 |
| AIA ENGINEERING LTD | 8,025.35 | 5.33 | 42,785.5 |
| PTC INDUSTRIES LTD | 1,507.11 | 17.64 | 26,587.3 |
| STEELCAST LTD | 395.02 | 7.84 | 3,098.2 |
| ALICON CASTALLOY LTD | 628.30 | 1.65 | 1,034.1 |
| SYNERGY GREEN INDUSTRIES LTD | 110.74 | 8.36 | 925.7 |
| UNI ABEX ALLOY PRODUCTS LTD | 414.60 | 2.25 | 931.8 |
| INVESTMENT & PRECISION CASTINGS LTD | 102.61 | 9.59 | 983.8 |
| MAGNA ELECTRO CASTINGS LTD | 145.00 | 3.31 | 480.3 |
| SIMPLEX CASTINGS LTD | 113.58 | 3.55 | 403.1 |
| NITIN CASTINGS LTD | 82.58 | 3.43 | 283.2 |
Castings/Forgings Industry Benchmark (Top 10) PB Analysis vs NELCAST 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.65x |
| Max industry PB | 17.64x |
| Median industry PB | 3.55x |
| Average industry PB | 5.90x |
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