National Securities Depository (NSDL) P/B Ratio
National Securities Depository (NSDL) (NSDL) P/B ratio is 7.72 (High), book value per share ₹592.50 vs Capital Markets average P/B of 2.51 — Very High - Significant premium, high growth expectations or speculative. View NSDL 52-week chart for the annual high/low range and current price position.
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 7.72 (High). For live price, earnings yield and the full fundamental profile, see National Securities Depository share price today.
- Stock appears overvalued with PB of 7.72, 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 327.7% above historical average
- Trading at premium to sector average PB of 2.51
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. Compare with National Securities Depository value estimation to assess whether the stock is under or overvalued.
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 | 1.49 | ₹592.5 | ₹880.70 | ₹2,370 | 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 7.72 vs Capital Markets average 2.51, median 1.82 — range 0.27–8.43.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Quest Capital Markets | QUESTCAP | 0.27 | ₹286 | Low |
| Interactive Financial | IFINSER | 0.3 | ₹9 | Low |
| Inventure Growth & Secur… | INVENTURE | 0.37 | ₹101 | Low |
| Shardul Securities | SHARDUL | 0.38 | ₹257 | Low |
| Wallfort Financial Servi… | WALLFORT | 0.5 | ₹81 | Low |
| Rikhav Securities | RIKHAV | 0.73 | ₹180 | Low |
| Joindre Capital Services | JOINDRE | 0.75 | ₹68 | Low |
| Steel City Securities | STEELCITY | 0.85 | ₹117 | Low |
| Almondz Global Securities | ALMONDZ | 0.85 | ₹227 | Low |
| Swastika Investmart | SWASTIKA | 0.96 | ₹131 | Low |