Nova Iron & Steel P/B Ratio
Nova Iron & Steel (NOVIS) P/B ratio is -4.78 (Low), book value per share ₹8.33 vs Industrial Products average P/B of -1.6 — Very Low - Significant discount to book value, potential distress or value opportunity. Review NOVIS price earnings ratio to evaluate earnings-based valuation against sector peers.
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 -4.78 (Low). View NOVIS yearly price range for the annual high/low range and current price position.
- Stock appears undervalued with PB of -4.78, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 438.2% below historical average
- Trading at discount to sector average PB of -1.6
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 -4.78 vs Industrial Products average -1.6, median -0.34 — range -11.17–0.38.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Cochin Malabar Estates | COCHMAL | -11.17 | ₹24 | Low |
| Electrotherm | ELECTHERM | -9.94 | ₹1,555 | Low |
| Mahalaxmi Seamless | MAHALXSE | -8.01 | ₹4 | Low |
| TPINDIA | TPINDIA | -6.2 | ₹71 | Low |
| Aditya Ispat | ADITYA | -6.19 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.18 | ₹40 | Low |
| Heera Ispat | HEERAISP | -4.44 | ₹4 | Low |
| Rollatainers | ROLLT | -3.81 | ₹63 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |
| Ashiana Ispat | ASHIS | -2.81 | ₹23 | Low |