National Securities Depository (NSDL) P/B Ratio
National Securities Depository (NSDL) (NSDL) P/B ratio is 6.82 (High), book value per share ₹592.50 vs Capital Markets average P/B of 2.39 — Very High - Significant premium, high growth expectations or speculative. Also explore National Securities Depository share price performance to track price trends across different timeframes.
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 6.82 (High).
- Stock appears overvalued with PB of 6.82, 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 288.6% above historical average
- Trading at premium to sector average PB of 2.39
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 | 1.39 | ₹592.5 | ₹823.95 | ₹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 6.82 vs Capital Markets average 2.39, median 1.89 — range 0.24–7.75.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Quest Capital Markets | QUESTCAP | 0.24 | ₹252 | Low |
| Interactive Financial | IFINSER | 0.33 | ₹11 | Low |
| Inventure Growth & Secur… | INVENTURE | 0.35 | ₹95 | Low |
| Wallfort Financial Servi… | WALLFORT | 0.5 | ₹82 | Low |
| Shardul Securities | SHARDUL | 0.7 | ₹460 | Low |
| Rikhav Securities | RIKHAV | 0.7 | ₹172 | Low |
| Joindre Capital Services | JOINDRE | 0.76 | ₹67 | Low |
| Steel City Securities | STEELCITY | 0.89 | ₹125 | Low |
| Almondz Global Securities | ALMONDZ | 0.91 | ₹248 | Low |
| Khandwala Securities | KHANDSE | 0.99 | ₹26 | Low |