Nova Iron & Steel P/B Ratio
Nova Iron & Steel (NOVIS) P/B ratio is -4.38 (Low), book value per share ₹8.33 vs Industrial Products average P/B of -1.83 — Very Low - Significant discount to book value, potential distress or value opportunity. For live price, earnings yield and the full fundamental profile, see NOVIS stock price BSE.
Current Valuation Metrics
Book Value Breakdown (2018)
Valuation Signal
Sector Context
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 -4.38 (Low). Compare with Nova Iron & Steel valuation methods to assess whether the stock is under or overvalued.
- Stock appears undervalued with PB of -4.38, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 409.9% below historical average
- Trading at discount to sector average PB of -1.83
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. View NOVIS yearly price range for the annual high/low range and current price position.
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 -4.38 vs Industrial Products average -1.83, median -0.27 — range -15.32–0.38.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -15.32 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.12 | ₹134 | Low |
| Cochin Malabar Estates | COCHMAL | -12.76 | ₹26 | Low |
| TPINDIA | TPINDIA | -6.61 | ₹77 | Low |
| Electrotherm | ELECTHERM | -6.03 | ₹909 | Low |
| Heera Ispat | HEERAISP | -5.7 | ₹4 | Low |
| Mahip Industries | MAHIP | -5.55 | ₹47 | Low |
| Mukat Pipes | MUKATPIP | -3.09 | ₹21 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |
| Ashiana Ispat | ASHIS | -2.81 | ₹23 | Low |