Nilachal Refractories P/B Ratio
Nilachal Refractories (NILACHAL) P/B ratio is -2.62 (Low), book value per share ₹-14.00 vs Industrial Products average P/B of -1.85 — Very Low - Significant discount to book value, potential distress or value opportunity. View Nilachal Refractories yearly highs lows for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
NILACHAL P/B Ratio — Valuation Insights & Book Value Analysis
Nilachal Refractories price-to-book ratio interpretation, valuation status and historical context — current P/B -2.62 (Low). For live price, earnings yield and the full fundamental profile, see NILACHAL stock price BSE.
- Stock appears undervalued with PB of -2.62, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 105.2% below historical average
- Trading at discount to sector average PB of -1.85
Nilachal Refractories P/B Ratio Historical Trend
NILACHAL annual price-to-book ratio — 3 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Compare with NILACHAL DCF valuation to assess whether the stock is under or overvalued.
NILACHAL Historical P/B Ratio — Book Value Per Share & Year-End Price
Nilachal Refractories 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 |
|---|---|---|---|---|---|
| 2023 | 92.7 | ₹0.5 | ₹46.35 | ₹1 | High |
| 2022 | 41.45 | ₹1.0 | ₹41.45 | ₹2 | High |
| 2021 | 18.0 | ₹2.0 | ₹36.00 | ₹4 | High |
NILACHAL vs Industrial Products Peers — P/B Ratio Comparison
Nilachal Refractories P/B -2.62 vs Industrial Products average -1.85, median -0.27 — range -13.96–0.4.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -13.96 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.32 | ₹144 | Low |
| Cochin Malabar Estates | COCHMAL | -11.49 | ₹24 | Low |
| TPINDIA | TPINDIA | -8.28 | ₹92 | Low |
| Electrotherm | ELECTHERM | -6.41 | ₹966 | Low |
| Heera Ispat | HEERAISP | -5.94 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.46 | ₹45 | Low |
| Nova Iron & Steel | NOVIS | -4.44 | ₹45 | Low |
| Mukat Pipes | MUKATPIP | -3.45 | ₹25 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |