Tamil Nadu Newsprint & Papers P/B Ratio
Tamil Nadu Newsprint & Papers (TNPL) P/B ratio is 0.46 (Low), book value per share ₹335.65 vs Forest Materials average P/B of -1.71 — Very Low - Significant discount to book value, potential distress or value opportunity. Read TNPL dividend track record for the complete payout history and dividend yield track record.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
TNPL P/B Ratio — Valuation Insights & Book Value Analysis
Tamil Nadu Newsprint & Papers price-to-book ratio interpretation, valuation status and historical context — current P/B 0.46 (Low). For live price, earnings yield and the full fundamental profile, see TNPL stock price BSE.
- Stock appears undervalued with PB of 0.46, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 36.3% below historical average
- Trading at premium to sector average PB of -1.71
Tamil Nadu Newsprint & Papers P/B Ratio Historical Trend
TNPL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Explore TNPL Benjamin Graham valuation to estimate fundamental worth using multiple valuation models.
TNPL Historical P/B Ratio — Book Value Per Share & Year-End Price
Tamil Nadu Newsprint & Papers 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 |
|---|---|---|---|---|---|
| 2026 | 0.44 | ₹335.65 | ₹148.34 | ₹2,316 | Low |
| 2025 | 0.47 | ₹302.46 | ₹143.57 | ₹2,087 | Low |
| 2024 | 0.62 | ₹302.9 | ₹187.84 | ₹2,090 | Low |
| 2023 | 1.06 | ₹281.74 | ₹299.35 | ₹1,944 | Moderate |
| 2022 | 1.02 | ₹230.29 | ₹234.70 | ₹1,589 | Moderate |
TNPL vs Forest Materials Peers — P/B Ratio Comparison
Tamil Nadu Newsprint & Papers P/B 0.46 vs Forest Materials average -1.71, median 0.62 — range -105.81–1.91.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| BJDUP | BJDUP | -105.81 | ₹36 | Low |
| Shree Rama Newsprint & P… | RAMANEWS | -5.71 | ₹445 | Low |
| Malu Paper Mills | MALUPAPER | -2.37 | ₹59 | Low |
| Saffron Industries | SAFFRON | -2.21 | ₹18 | Low |
| National Plywood | NATPLY | -0.71 | ₹6 | Low |
| Coral Newsprints | CORNE | -0.48 | ₹5 | Low |
| Agio Paper & Industries | AGIOPAPER | -0.36 | ₹6 | Low |
| Simplex Papers | SIMPLXPAP | -0.33 | ₹4 | Low |
| Rama Paper Mills | RAMAPPR-B | -0.31 | ₹16 | Low |
| Balkrishna Paper Mills | BALKRISHNA | -0.29 | ₹54 | Low |