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Nova Iron & Steel P/B Ratio

Current P/B Ratio
-4.15
Low Valuation
Very Low - Significant discount to book value, potential distress or value opportunity

Nova Iron & Steel (NOVIS) P/B ratio is -4.15 (Low), book value per share ₹8.33 vs Industrial Products average P/B of -1.71 — Very Low - Significant discount to book value, potential distress or value opportunity. Also explore NOVIS price trends to track price trends across different timeframes.

Current Valuation Metrics

P/B Ratio -4.15
Current Price ₹11.99
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 -1.71
Sector Median -0.31
Sector Rank #8 of 50
Sector Percentile 16.0%

NOVIS P/B Ratio — Valuation Insights & Book Value Analysis

Nova Iron & Steel price-to-book ratio interpretation, valuation status and historical context — current P/B -4.15 (Low).

  • Stock appears undervalued with PB of -4.15, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Current PB is 393.6% below historical average
  • Trading at discount to sector average PB of -1.71

Nova Iron & Steel P/B Ratio Historical Trend

NOVIS annual price-to-book ratio — 3 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see NOVIS stock price BSE.

NOVIS Historical P/B Ratio — Book Value Per Share & Year-End Price

Nova Iron & Steel 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
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

NOVIS vs Industrial Products Peers — P/B Ratio Comparison

Nova Iron & Steel P/B -4.15 vs Industrial Products average -1.71, median -0.31 — range -12.3–0.33.

Sector Average
-1.71
Sector Median
-0.31
Lowest P/B
-12.3
Highest P/B
0.33
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Cochin Malabar Estates COCHMAL -12.3 ₹24 Low
Mahalaxmi Seamless MAHALXSE -10.46 ₹6 Low
Electrotherm ELECTHERM -8.71 ₹1,350 Low
TPINDIA TPINDIA -8.45 ₹103 Low
Aditya Ispat ADITYA -6.19 ₹5 Low
Rollatainers ROLLT -5.18 ₹91 Low
Mahip Industries MAHIP -4.26 ₹35 Low
Heera Ispat HEERAISP -4.03 ₹3 Low
MSR India MSRINDIA -2.9 ₹31 Low
Ashiana Ispat ASHIS -2.81 ₹23 Low