Niraj Cement Structurals P/B Ratio
Niraj Cement Structurals (NIRAJ) P/B ratio is 0.64 (Low), book value per share ₹44.33 vs Construction average P/B of -0.17 — Low - Trading below book value, may indicate undervaluation. View NIRAJ 52-week chart for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
NIRAJ P/B Ratio — Valuation Insights & Book Value Analysis
Niraj Cement Structurals price-to-book ratio interpretation, valuation status and historical context — current P/B 0.64 (Low). For live price, earnings yield and the full fundamental profile, see Niraj Cement Structurals share price screener.
- Stock appears undervalued with PB of 0.64, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 41.0% below historical average
- Trading at premium to sector average PB of -0.17
Niraj Cement Structurals P/B Ratio Historical Trend
NIRAJ 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. Review NIRAJ PE ratio trends to evaluate earnings-based valuation against sector peers.
NIRAJ Historical P/B Ratio — Book Value Per Share & Year-End Price
Niraj Cement Structurals 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 | 0.7 | ₹44.33 | ₹31.06 | ₹266 | Low |
| 2025 | 0.97 | ₹40.5 | ₹39.26 | ₹243 | Low |
| 2024 | 1.88 | ₹38.25 | ₹71.99 | ₹153 | Moderate |
| 2023 | 1.06 | ₹41.16 | ₹43.70 | ₹177 | Moderate |
| 2022 | 0.81 | ₹41.63 | ₹33.90 | ₹179 | Low |
NIRAJ vs Construction Peers — P/B Ratio Comparison
Niraj Cement Structurals P/B 0.64 vs Construction average -0.17, median 0.36 — range -7.53–0.72.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Shiva Cement | SHIVACEM | -7.53 | ₹499 | Low |
| Anand Projects | ANANDPROJ | -6.27 | ₹3 | Low |
| Hemadri Cements | HEMACEM | -3.9 | ₹33 | Low |
| Refex Renewables Infrast… | REFEXRENEW | -2.19 | ₹143 | Low |
| Sadbhav Engineering | SADBHAV | -1.24 | ₹138 | Low |
| Sri Chakra Cement Limited | SRICC | -0.98 | ₹33 | Low |
| BGR Energy Systems | BGRENERGY | -0.73 | ₹2,093 | Low |
| Triveni Glass | TRIVENIGQ | -0.53 | ₹8 | Low |
| Vardhman Concrete | VARDHMAN | -0.42 | ₹5 | Low |
| Panyam Cements & Mineral… | PANCM | -0.38 | ₹85 | Low |