Nova Iron & Steel P/B Ratio
NOVIS • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
-4.16
Low Valuation
Very Low - Significant discount to book value, potential distress or value opportunity
Current Valuation Metrics
P/B Ratio
-4.16
Current Price
₹13.96
Book Value/Share
₹8.33
Exchange
BSE
Book Value Breakdown (2018)
Balance Sheet Components
Total Equity
₹30 Cr
Share Capital
₹36 Cr
Reserves & Surplus
₹-7 Cr
Outstanding Shares
36,000,000
Book Value per Share
₹8.33
Valuation Signal
Signal
Undervalued
Historical Avg
1.41
Historical Range
0.63 - 1.9
Percentile
0.0%
Sector Context
Sector Average
-1.82
Sector Median
-0.34
Sector Rank
#8 of 50
Sector Percentile
16.0%
Key P/B Ratio Insights for Nova Iron & Steel
- Stock appears undervalued with PB of -4.16, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 394.3% below historical average
- Trading at discount to sector average PB of -1.82
View the current stock price of Nova Iron & Steel for more insights.
P/B Ratio Historical Trend for Nova Iron & Steel
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 Nova Iron & Steel
Additional stock information and data for NOVIS
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2018 | 0.63 | ₹8.33 | ₹5.24 | ₹30 | Low |
| 2017 | 1.71 | ₹7.22 | ₹12.34 | ₹26 | Moderate |
| 2016 | 1.9 | ₹6.67 | ₹12.70 | ₹24 | Moderate |
Sector P/B Ratio Comparison
Comparing Nova Iron & Steel with other companies in Industrial Products sector
Sector Average
-1.82
Sector Median
-0.34
Lowest P/B
-16.74
Highest P/B
0.47
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -16.74 | ₹4 | Low |
| Cochin Malabar Estates | COCHMAL | -13.81 | ₹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 |
| Promact Impex | PROMACT | -3.16 | ₹7 | Low |
| Ashiana Ispat | ASHIS | -2.81 | ₹23 | Low |
| MPL Plastics | MPL | -2.73 | ₹10 | Low |