NCL Industries P/B Ratio

NCLIND • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.81
Low Valuation
Low - Trading below book value, may indicate undervaluation

Current Valuation Metrics

P/B Ratio 0.81
Current Price ₹148.17
Book Value/Share ₹190.67
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹858 Cr
Share Capital ₹45 Cr
Reserves & Surplus ₹813 Cr
Outstanding Shares 45,000,000
Book Value per Share ₹190.67

Valuation Signal

Signal Undervalued
Historical Avg 1.21
Historical Range 1.05 - 1.45
Percentile 0.0%

Sector Context

Sector Average 0.19
Sector Median 0.51
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for NCL Industries

  • Stock appears undervalued with PB of 0.81, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Current PB is 32.9% below historical average
  • Trading at premium to sector average PB of 0.19

P/B Ratio Historical Trend for NCL Industries

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
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
2021 1.45 ₹147.78 ₹213.70 ₹665 Moderate

Sector P/B Ratio Comparison

Comparing NCL Industries with other companies in Construction sector
Sector Average
0.19
Sector Median
0.51
Lowest P/B
-3.9
Highest P/B
0.76
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Hemadri Cements HEMACEM -3.9 ₹33 Low
Refex Renewables Infrast… REFEXRENEW -1.77 ₹123 Low
BGR Energy Systems BGRENERGY -1.02 ₹1,865 Low
Sadbhav Engineering SADBHAV -0.63 ₹132 Low
Triveni Glass TRIVENIGQ -0.57 ₹8 Low
Vardhman Concrete VARDHMAN -0.42 ₹5 Low
Panyam Cements & Mineral… PANCM -0.36 ₹82 Low
GVK Power & Infrastructu… GVKPIL -0.27 ₹380 Low
Sadbhav Infrastructure P… SADBHIN -0.16 ₹80 Low
Jaiprakash Associates JPASSOCIAT -0.14 ₹1,031 Low