NMDC
|
The Current P/B Ratio of NMDC is 1.73.
| Share Price | ₹67.2 | Oct 30,2026 |
| Market Cap | ₹59,089.7 Cr | |
| Book Value | ₹34,062.3 Cr | Mar2026 - Consolidated Results |
| Price/Book | 1.73x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
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 [ ₹59,089.7 Cr] as on Oct 30,2026
(/) Book Value [ ₹34,062.3 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 1.73x ]
Thus, for NMDC , the investors are currently willing to pay '1.73 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 Mar2026 to Mar2022 averaged 2.08x.
- NMDC 's operated at median p/b ratio of 2.04x 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 Mar2023 of 1.45x.
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 | 34,062.30 | 1.73 | 59,089.7 |
| COAL INDIA LTD | 119,102.00 | 2.02 | 240,007.0 |
| KIOCL LTD | 1,736.23 | 11.39 | 19,773.2 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 7,072.74 | 1.85 | 13,108.0 |
| SANDUR MANGANESE & IRON ORES LTD | 3,253.68 | 2.42 | 7,874.9 |
| MOIL LTD | 2,709.25 | 1.61 | 4,349.5 |
| ASHAPURA MINECHEM LTD | 1,649.30 | 2.37 | 3,907.0 |
| DECCAN GOLD MINES LTD | 483.92 | 6.66 | 3,221.1 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | -54.64 | -34.71 | 1,896.4 |
| 20 MICRONS LTD | 483.62 | 1.18 | 571.1 |
| ASI INDUSTRIES LTD | 361.58 | 0.53 | 191.8 |
Mining & Minerals Industry Benchmark (Top 10) PB Analysis vs NMDC 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -34.71x |
| Max industry PB | 11.39x |
| Median industry PB | 1.85x |
| Average industry PB | -0.27x |
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