North Eastern Carrying Corp. P/B Ratio
NECCLTD • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.83
Low Valuation
Low - Trading below book value, may indicate undervaluation
Current Valuation Metrics
P/B Ratio
0.83
Current Price
₹18.21
Book Value/Share
₹15.80
Exchange
NSE
Book Value Breakdown (2017)
Balance Sheet Components
Total Equity
₹79 Cr
Share Capital
₹50 Cr
Reserves & Surplus
₹28 Cr
Outstanding Shares
50,000,000
Book Value per Share
₹15.80
Valuation Signal
Signal
Undervalued
Historical Avg
3.07
Historical Range
1.99 - 4.5
Percentile
0.0%
Sector Context
Sector Average
0.28
Sector Median
1.14
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for North Eastern Carrying Corp.
- Stock appears undervalued with PB of 0.83, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 73.0% below historical average
- Trading at premium to sector average PB of 0.28
View the current stock price of North Eastern Carrying Corp. for more insights.
P/B Ratio Historical Trend for North Eastern Carrying Corp.
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.
Related Pages for North Eastern Carrying Corp.
Additional stock information and data for NECCLTD
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2017 | 1.99 | ₹15.8 | ₹31.45 | ₹79 | Moderate |
| 2016 | 2.72 | ₹14.6 | ₹39.75 | ₹73 | Moderate |
| 2015 | 4.5 | ₹13.4 | ₹60.30 | ₹67 | High |
Sector P/B Ratio Comparison
Comparing North Eastern Carrying Corp. with other companies in Logistics & Cargo sector
Sector Average
0.28
Sector Median
1.14
Lowest P/B
-30.45
Highest P/B
2.42
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahasagar Travels | MHSGRMS | -30.45 | ₹6 | Low |
| MFL India | MFLINDIA | -10.8 | ₹17 | Low |
| Kesar Terminals & Infras… | KTIL | -0.97 | ₹90 | Low |
| Jalan Transolutions | JALAN | -0.14 | ₹5 | Low |
| Arshiya | ARSHIYA | -0.01 | ₹33 | Low |
| Coastal Roadways | COARO | 0.52 | ₹13 | Low |
| Transindia Real Estate | TREL | 0.53 | ₹666 | Low |
| Seacoast Shipping Servic… | SEACOAST | 0.57 | ₹155 | Low |
| Deccan Transcon Leasing | DECCANTRAN | 0.61 | ₹54 | Low |
| Lancer Container Lines | LANCER | 0.65 | ₹325 | Low |