NCL Industries P/B Ratio
NCL Industries (NCLIND) P/B ratio is 0.83 (Low), book value per share ₹208.89 vs Construction average P/B of -0.22 — Low - Trading below book value, may indicate undervaluation. Read NCL Industries dividend payments for the complete payout history and dividend yield track record.
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 0.83 (Low). For live price, earnings yield and the full fundamental profile, see NCLIND share price.
- Stock appears undervalued with PB of 0.83, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 23.6% below historical average
- Trading at premium to sector average PB of -0.22
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. Explore NCLIND Benjamin Graham valuation to estimate fundamental worth using multiple valuation models.
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 | 0.84 | ₹208.89 | ₹174.66 | ₹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 0.83 vs Construction average -0.22, median 0.37 — range -8.4–0.67.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Anand Projects | ANANDPROJ | -8.4 | ₹4 | Low |
| Shiva Cement | SHIVACEM | -7.11 | ₹471 | 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 | -0.98 | ₹33 | Low |
| BGR Energy Systems | BGRENERGY | -0.62 | ₹1,680 | Low |
| Triveni Glass | TRIVENIGQ | -0.55 | ₹8 | Low |
| Vardhman Concrete | VARDHMAN | -0.42 | ₹5 | Low |
| Panyam Cements & Mineral… | PANCM | -0.39 | ₹94 | Low |