Nidhi Granites P/B Ratio
Nidhi Granites (NIDHGRN) P/B ratio is 13.31 (High), book value per share ₹28.75 vs Construction average P/B of -0.48 — Very High - Significant premium, high growth expectations or speculative. Review NIDHGRN PE ratio trends to evaluate earnings-based valuation against sector peers.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
NIDHGRN P/B Ratio — Valuation Insights & Book Value Analysis
Nidhi Granites price-to-book ratio interpretation, valuation status and historical context — current P/B 13.31 (High). For live price, earnings yield and the full fundamental profile, see NIDHGRN screener.
- Stock appears overvalued with PB of 13.31, 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 55.7% above historical average
- Trading at premium to sector average PB of -0.48
Nidhi Granites P/B Ratio Historical Trend
NIDHGRN 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. View NIDHGRN 52-week performance for the annual high/low range and current price position.
NIDHGRN Historical P/B Ratio — Book Value Per Share & Year-End Price
Nidhi Granites 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 | 12.29 | ₹28.75 | ₹353.35 | ₹23 | High |
| 2025 | 20.88 | ₹18.75 | ₹391.45 | ₹15 | High |
| 2024 | 6.93 | ₹32.5 | ₹225.10 | ₹13 | High |
| 2023 | 2.09 | ₹30.0 | ₹62.60 | ₹9 | Moderate |
| 2022 | 0.56 | ₹50.0 | ₹27.90 | ₹5 | Low |
NIDHGRN vs Construction Peers — P/B Ratio Comparison
Nidhi Granites P/B 13.31 vs Construction average -0.48, median 0.39 — range -23.4–0.74.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Shiva Cement | SHIVACEM | -23.4 | ₹514 | Low |
| Anand Projects | ANANDPROJ | -5.98 | ₹2 | Low |
| Hemadri Cements | HEMACEM | -3.9 | ₹33 | Low |
| Refex Renewables Infrast… | REFEXRENEW | -2.19 | ₹143 | Low |
| Sadbhav Engineering | SADBHAV | -1.39 | ₹150 | Low |
| Sri Chakra Cement Limited | SRICC | -1.1 | ₹37 | Low |
| BGR Energy Systems | BGRENERGY | -0.77 | ₹2,158 | Low |
| Triveni Glass | TRIVENIGQ | -0.53 | ₹8 | Low |
| Vardhman Concrete | VARDHMAN | -0.42 | ₹5 | Low |
| Panyam Cements & Mineral… | PANCM | -0.31 | ₹73 | Low |