NMDC
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The Current P/B Ratio of NMDC is 3.27.
Share Price | ₹252.3 | Apr 25,2024 |
Market Cap | ₹73,939.0 Cr | |
Book Value | ₹22,620.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.27x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NMDC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹73,939.0 Cr] as on Apr 25,2024
(/) Book Value [ ₹22,620.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.27x ]
Thus, for NMDC , the investors are currently willing to pay '3.27 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 NMDC !
The chart below summarizes the trend in P/B Ratio of NMDC over the last five years.
Historical PB (Price/Book ) ratio chart of NMDC
PB Ratio Performance Analysis for NMDC
- NMDC 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.51x.
- NMDC 's operated at median p/b ratio of 1.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NMDC 's p/b ratio peaked in Mar2022 at 2.64x.
- NMDC 's p/b ratio hit its five-year low in Mar2020 of 0.89x.
How does NMDC 's P/B Ratio benchmark against top 10 peers in Mining & Minerals Industry?
Peer Comparison (Mining & Minerals Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
NMDC | 22,620.80 | 3.27 | 73,939.0 |
COAL INDIA LTD | 57,244.90 | 4.87 | 279,018.0 |
KIOCL LTD | 2,002.04 | 13.50 | 27,032.8 |
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 5,798.28 | 2.29 | 13,295.6 |
SANDUR MANGANESE & IRON ORES LTD | 1,933.70 | 4.56 | 8,822.0 |
MOIL LTD | 2,244.32 | 3.90 | 8,742.7 |
ASHAPURA MINECHEM LTD | 655.01 | 4.65 | 3,043.7 |
RAGHAV PRODUCTIVITY ENHANCERS LTD | 133.22 | 10.84 | 1,444.3 |
20 MICRONS LTD | 293.60 | 1.89 | 554.0 |
Mining & Minerals Industry Benchmark (Top 10) PB Analysis vs NMDC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.89x |
Max industry PB | 13.50x |
Median industry PB | 4.56x |
Average industry PB | 5.53x |
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