NCL Industries P/B Ratio
NCL Industries P/B ratio. NCL Industries (NCLIND) P/B ratio is 0.84 (Low), book value per share ₹208.89 vs Construction average P/B of -0.2 — Low - Trading below book value, may indicate undervaluation. Analyse NCLIND shareholder distribution to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
NCLIND P/B Ratio — Valuation Insights & Book Value Analysis
NCL Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 0.84 (Low). View NCLIND 52-week performance for the annual high/low range and current price position.
- Stock appears undervalued with PB of 0.84, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 22.2% below historical average
- Trading at premium to sector average PB of -0.2
NCL Industries P/B Ratio Historical Trend
NCLIND annual price-to-book ratio — 5 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 NCLIND share price.
NCLIND Historical P/B Ratio — Book Value Per Share & Year-End Price
NCL Industries 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 | 0.81 | ₹208.89 | ₹168.85 | ₹940 | Low |
| 2025 | 1.05 | ₹190.67 | ₹201.07 | ₹858 | Moderate |
| 2024 | 1.16 | ₹188.67 | ₹219.44 | ₹849 | Moderate |
| 2023 | 1.3 | ₹171.11 | ₹222.35 | ₹770 | Moderate |
| 2022 | 1.08 | ₹164.67 | ₹177.05 | ₹741 | Moderate |
NCLIND vs Construction Peers — P/B Ratio Comparison
NCL Industries P/B 0.84 vs Construction average -0.2, median 0.4 — range -8.4–0.66.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Anand Projects | ANANDPROJ | -8.4 | ₹4 | Low |
| Shiva Cement | SHIVACEM | -5.91 | ₹375 | Low |
| Hemadri Cements | HEMACEM | -3.9 | ₹33 | Low |
| Refex Renewables Infrast… | REFEXRENEW | -2.19 | ₹143 | Low |
| Sadbhav Engineering | SADBHAV | -1.25 | ₹135 | Low |
| Sri Chakra Cement Limited | SRICC | -0.91 | ₹30 | Low |
| Triveni Glass | TRIVENIGQ | -0.61 | ₹9 | Low |
| BGR Energy Systems | BGRENERGY | -0.6 | ₹1,681 | Low |
| Vardhman Concrete | VARDHMAN | -0.42 | ₹5 | Low |
| Panyam Cements & Mineral… | PANCM | -0.39 | ₹88 | Low |