NMDC
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The Current P/B Ratio of NMDC is 1.85.
| Share Price | ₹71.7 | Oct 16,2026 |
| Market Cap | ₹63,037.2 Cr | |
| Book Value | ₹34,062.3 Cr | Mar2026 - Consolidated Results |
| Price/Book | 1.85x | 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 [ ₹63,037.2 Cr] as on Oct 16,2026
(/) Book Value [ ₹34,062.3 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 1.85x ]
Thus, for NMDC , the investors are currently willing to pay '1.85 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 | 1.85 | 63,037.2 |
| COAL INDIA LTD | 119,102.00 | 2.16 | 256,924.0 |
| KIOCL LTD | 1,736.23 | 12.89 | 22,386.5 |
| GUJARAT MINERAL DEVELOPMENT CORPORATION LTD | 7,072.74 | 2.12 | 14,977.8 |
| SANDUR MANGANESE & IRON ORES LTD | 3,253.68 | 2.62 | 8,511.7 |
| MOIL LTD | 2,709.25 | 1.75 | 4,749.3 |
| ASHAPURA MINECHEM LTD | 1,649.30 | 2.69 | 4,444.8 |
| DECCAN GOLD MINES LTD | 483.92 | 7.81 | 3,780.9 |
| THE ORISSA MINERALS DEVELOPMENT COMPANY LTD | -54.64 | -37.99 | 2,075.8 |
| 20 MICRONS LTD | 483.62 | 1.41 | 681.7 |
| ASI INDUSTRIES LTD | 286.64 | 0.76 | 217.4 |
Mining & Minerals Industry Benchmark (Top 10) PB Analysis vs NMDC 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -37.99x |
| Max industry PB | 12.89x |
| Median industry PB | 2.12x |
| Average industry PB | -0.18x |
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