Nitin Castings P/B Ratio

NITINCAST • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.8
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 2.8
Current Price ₹485.00
Book Value/Share ₹276.67
Exchange BSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹83 Cr
Share Capital ₹3 Cr
Reserves & Surplus ₹80 Cr
Outstanding Shares 3,000,000
Book Value per Share ₹276.67

Valuation Signal

Signal Overvalued
Historical Avg 1.73
Historical Range 0.63 - 2.9
Percentile 80.0%

Sector Context

Sector Average -1.92
Sector Median -0.4
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Nitin Castings

  • Current PB is 61.8% above historical average
  • Trading at premium to sector average PB of -1.92

View the current stock price of Nitin Castings for more insights.

P/B Ratio Historical Trend for Nitin Castings

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 1.77 ₹276.67 ₹490.55 ₹83 Moderate
2024 2.9 ₹240.0 ₹695.00 ₹72 Moderate
2023 2.51 ₹200.0 ₹502.35 ₹60 Moderate
2022 0.84 ₹183.33 ₹154.85 ₹55 Low
2021 0.63 ₹166.67 ₹105.00 ₹50 Low

Sector P/B Ratio Comparison

Comparing Nitin Castings with other companies in Industrial Products sector
Sector Average
-1.92
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.45
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Mahalaxmi Seamless MAHALXSE -16.74 ₹4 Low
Cochin Malabar Estates COCHMAL -13.94 ₹26 Low
Shah Alloys SHAHALLOYS -13.51 ₹135 Low
Electrotherm ELECTHERM -6.88 ₹1,160 Low
Heera Ispat HEERAISP -5.91 ₹5 Low
TPINDIA TPINDIA -4.91 ₹69 Low
Mahip Industries MAHIP -4.28 ₹7 Low
Nova Iron & Steel NOVIS -4.16 ₹49 Low
Promact Impex PROMACT -3.16 ₹7 Low
Ashiana Ispat ASHIS -2.81 ₹23 Low