Nova Iron & Steel P/B Ratio
Nova Iron & Steel P/B ratio. Nova Iron & Steel (NOVIS) P/B ratio is -1.76 (Low), book value per share ₹8.33 vs Industrial Products average P/B of -1.64 — Very Low - Significant discount to book value, potential distress or value opportunity. View NOVIS yearly price range for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2018)
Valuation Signal
Sector Context
NOVIS P/B Ratio — Valuation Insights & Book Value Analysis
Nova Iron & Steel price-to-book ratio interpretation, valuation status and historical context — current P/B -1.76 (Low). Analyse NOVIS shareholder distribution to track promoter, FII and institutional holdings.
- Stock appears undervalued with PB of -1.76, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 224.5% below historical average
- Trading at discount to sector average PB of -1.64
Nova Iron & Steel P/B Ratio Historical Trend
NOVIS annual price-to-book ratio — 3 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 NOVIS stock price BSE.
NOVIS Historical P/B Ratio — Book Value Per Share & Year-End Price
Nova Iron & Steel 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 |
|---|---|---|---|---|---|
| 2018 | 0.63 | ₹8.33 | ₹5.24 | ₹30 | Low |
| 2017 | 1.71 | ₹7.22 | ₹12.34 | ₹26 | Moderate |
| 2016 | 1.9 | ₹6.67 | ₹12.70 | ₹24 | Moderate |
NOVIS vs Industrial Products Peers — P/B Ratio Comparison
Nova Iron & Steel P/B -1.76 vs Industrial Products average -1.64, median -0.33 — range -11.98–0.34.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.98 | ₹25 | Low |
| Mahalaxmi Seamless | MAHALXSE | -9.22 | ₹5 | Low |
| Rollatainers | ROLLT | -7.47 | ₹119 | Low |
| TPINDIA | TPINDIA | -6.41 | ₹79 | Low |
| Electrotherm | ELECTHERM | -6.16 | ₹948 | Low |
| Aditya Ispat | ADITYA | -5.73 | ₹4 | Low |
| Heera Ispat | HEERAISP | -4.39 | ₹4 | Low |
| Promact Plastics | PROMACT | -4.28 | ₹11 | Low |
| Mahip Industries | MAHIP | -4.16 | ₹34 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |