NELCO
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The Current P/B Ratio of NELCO is 15.91.
Share Price | ₹862.2 | Oct 25,2024 |
Market Cap | ₹1,965.7 Cr | |
Book Value | ₹123.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 15.91x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NELCO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,965.7 Cr] as on Oct 25,2024
(/) Book Value [ ₹123.6 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 15.91x ]
Thus, for NELCO , the investors are currently willing to pay '15.91 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 NELCO !
The chart below summarizes the trend in P/B Ratio of NELCO over the last five years.
Historical PB (Price/Book ) ratio chart of NELCO
PB Ratio Performance Analysis for NELCO
- NELCO 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.55x.
- NELCO 's operated at median p/b ratio of 11.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NELCO 's p/b ratio peaked in Mar2022 at 18.32x.
- NELCO 's p/b ratio hit its five-year low in Mar2020 of 4.66x.
How does NELCO 's P/B Ratio benchmark against top 10 peers in IT - Hardware Industry?
Peer Comparison (IT - Hardware Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NELCO | 123.58 | 15.91 | 1,965.7 |
TEJAS NETWORKS LTD | 3,014.17 | 7.15 | 21,546.3 |
NETWEB TECHNOLOGIES INDIA LTD | 415.25 | 34.19 | 14,195.7 |
CONTROL PRINT LTD | 334.06 | 3.83 | 1,280.7 |
E2E NETWORKS LTD | 68.16 | 87.63 | 5,972.9 |
SILVER TOUCH TECHNOLOGIES LTD | 112.88 | 8.03 | 905.9 |
SWISS MILITARY CONSUMER GOODS LTD | 73.03 | 12.46 | 909.9 |
EMPOWER INDIA LTD | 292.81 | 0.79 | 231.6 |
DC INFOTECH AND COMMUNICATION LTD | 46.54 | 10.16 | 472.9 |
DUCON INFRATECHNOLOGIES LTD | 122.37 | 1.91 | 234.3 |
MROTEK REALTY LTD | 69.15 | 2.24 | 155.2 |
IT - Hardware Industry Benchmark (Top 10) PB Analysis vs NELCO 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.79x |
Max industry PB | 87.63x |
Median industry PB | 8.03x |
Average industry PB | 16.76x |
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