The New India Assurance Company P/B Ratio

NIACL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.7
Low Valuation
Low - Trading below book value, may indicate undervaluation

Current Valuation Metrics

P/B Ratio 0.7
Current Price ₹129.94
Book Value/Share ₹352.45
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹29,042 Cr
Share Capital ₹824 Cr
Reserves & Surplus ₹21,932 Cr
Outstanding Shares 824,000,000
Book Value per Share ₹352.45

Valuation Signal

Signal Undervalued
Historical Avg 0.51
Historical Range 0.4 - 0.67
Percentile 100.0%

Sector Context

Sector Average 5.53
Sector Median 5.55
Sector Rank #1 of 12
Sector Percentile 8.3%

Key P/B Ratio Insights for The New India Assurance Company

  • Stock appears undervalued with PB of 0.7, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Current PB is 37.3% above historical average
  • Trading at discount to sector average PB of 5.53

P/B Ratio Historical Trend for The New India Assurance Company

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.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.44 ₹352.45 ₹155.82 ₹29,042 Low
2024 0.59 ₹344.0 ₹202.52 ₹28,346 Low
2023 0.67 ₹314.58 ₹210.35 ₹25,921 Low
2022 0.4 ₹313.85 ₹125.75 ₹25,861 Low
2021 0.45 ₹310.73 ₹140.25 ₹25,604 Low

Sector P/B Ratio Comparison

Comparing The New India Assurance Company with other companies in Insurance sector
Sector Average
5.53
Sector Median
5.55
Lowest P/B
0.94
Highest P/B
9.54
Companies
12
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
GIC of India GICRE 0.94 ₹66,413 Low
Medi Assist Healthcare MEDIASSIST 3.05 ₹2,399 High
LIC of India LICI 3.32 ₹464,792 High
Niva Bupa Health Insuran… NIVABUPA 3.51 ₹13,411 High
Star Health Insurance STARHEALTH 3.7 ₹26,855 High
ICICI Lombard General In… ICICIGI 5.12 ₹84,178 High
ICICI Prudential Life In… ICICIPRULI 5.55 ₹72,955 High
Go Digit General Insuran… GODIGIT 6.38 ₹29,658 High
HDFC Life Insurance HDFCLIFE 7.03 ₹122,143 High
Canara HSBC Life Insuran… CANHLIFE 8.73 ₹13,745 High