Nitiraj Engineers P/B Ratio
Nitiraj Engineers (NITIRAJ) P/B ratio is 2.9 (Moderate), book value per share ā¹68.00 vs Capital Goods average P/B of 0.11 ā High - Premium to book value, growth expectations or asset-light model. For live price, earnings yield and the full fundamental profile, see NITIRAJ company profile.
Current Valuation Metrics
Book Value Breakdown (2023)
Valuation Signal
Sector Context
NITIRAJ P/B Ratio ā Valuation Insights & Book Value Analysis
Nitiraj Engineers price-to-book ratio interpretation, valuation status and historical context ā current P/B 2.9 (Moderate). Check Nitiraj Engineers networth to track the company's total market size over time.
- Current PB is 158.0% above historical average
- Trading at premium to sector average PB of 0.11
Nitiraj Engineers P/B Ratio Historical Trend
NITIRAJ annual price-to-book ratio ā 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Also explore NITIRAJ share price data to track price trends across different timeframes.
NITIRAJ Historical P/B Ratio ā Book Value Per Share & Year-End Price
Nitiraj Engineers annual P/B ratio, book value per share (ā¹), year-end price and total equity in ā¹ Crores.
| Year | P/B Ratio | Book Value/Share (ā¹) | Year-end Price (ā¹) | Total Equity (ā¹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2023 | 1.75 | ā¹68.0 | ā¹118.90 | ā¹68 | Moderate |
| 2022 | 1.12 | ā¹68.0 | ā¹76.30 | ā¹68 | Moderate |
| 2021 | 1.1 | ā¹71.0 | ā¹77.95 | ā¹71 | Moderate |
| 2020 | 0.83 | ā¹69.0 | ā¹57.60 | ā¹69 | Low |
| 2019 | 0.82 | ā¹83.75 | ā¹69.00 | ā¹67 | Low |
NITIRAJ vs Capital Goods Peers ā P/B Ratio Comparison
Nitiraj Engineers P/B 2.9 vs Capital Goods average 0.11, median 0.68 ā range -4.85ā1.12.
| Company | Symbol | P/B Ratio | Market Cap (ā¹ Cr) | Valuation |
|---|---|---|---|---|
| Jyoti | JYOTI | -4.85 | ā¹148 | Low |
| Lexoraa Industries | LEXORAA | -3.94 | ā¹5 | Low |
| Miven Machine Tools | MIVENMACH | -3.29 | ā¹20 | Low |
| Incon Engineers | INCON | -3.23 | ā¹6 | Low |
| Mipco Seamless Rings | MPCOSEMB | -2.94 | ā¹10 | Low |
| Thakral Services | THAKRAL | -1.58 | ā¹15 | Low |
| Switching Technologies Gā¦ | SWITCHTE | -0.89 | ā¹15 | Low |
| HMT | HMT | -0.85 | ā¹2,242 | Low |
| Pan Electroncis | PANELEC | -0.59 | ā¹17 | Low |
| TMT India | TMTIND-B1 | -0.51 | ā¹3 | Low |