National Securities Depository (NSDL) P/B Ratio
National Securities Depository (NSDL) P/B ratio. National Securities Depository (NSDL) (NSDL) P/B ratio is 6.31 (High), book value per share ₹595.00 vs Capital Markets average P/B of 2.31 — Very High - Significant premium, high growth expectations or speculative. Analyse NSDL institutional holdings to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
NSDL P/B Ratio — Valuation Insights & Book Value Analysis
National Securities Depository (NSDL) price-to-book ratio interpretation, valuation status and historical context — current P/B 6.31 (High). View NSDL 52-week chart for the annual high/low range and current price position.
- Stock appears overvalued with PB of 6.31, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 279.0% above historical average
- Trading at premium to sector average PB of 2.31
National Securities Depository (NSDL) P/B Ratio Historical Trend
NSDL annual price-to-book ratio — 2 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see National Securities Depository share price today.
NSDL Historical P/B Ratio — Book Value Per Share & Year-End Price
National Securities Depository (NSDL) annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 1.21 | ₹595.0 | ₹720.65 | ₹2,380 | Moderate |
| 2025 | 2.12 | ₹501.25 | ₹1063.15 | ₹2,005 | Moderate |
NSDL vs Capital Markets Peers — P/B Ratio Comparison
National Securities Depository (NSDL) P/B 6.31 vs Capital Markets average 2.31, median 1.88 — range 0.21–7.66.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Quest Capital Markets | QUESTCAP | 0.21 | ₹225 | Low |
| Interactive Financial | IFINSER | 0.25 | ₹8 | Low |
| Inventure Growth & Secur… | INVENTURE | 0.3 | ₹83 | Low |
| Wallfort Financial Servi… | WALLFORT | 0.46 | ₹76 | Low |
| Joindre Capital Services | JOINDRE | 0.73 | ₹65 | Low |
| Shardul Securities | SHARDUL | 0.78 | ₹511 | Low |
| Rikhav Securities | RIKHAV | 0.83 | ₹205 | Low |
| Steel City Securities | STEELCITY | 0.87 | ₹120 | Low |
| Khandwala Securities | KHANDSE | 0.92 | ₹25 | Low |
| Dolat Algotech | DOLATALGO | 0.92 | ₹1,025 | Low |