The New India Assurance Company P/B Ratio

NIACL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.88
Low Valuation
Low - Trading below book value, may indicate undervaluation

Current Valuation Metrics

P/B Ratio 0.88
Current Price ₹149.85
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 0.53
Historical Range 0.4 - 0.67
Percentile 100.0%

Sector Context

Sector Average 6.32
Sector Median 6.43
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 0.88, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Current PB is 67.6% above historical average
  • Trading at discount to sector average PB of 6.32

View the current stock price of The New India Assurance Company for more insights.

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

Sector P/B Ratio Comparison

Comparing The New India Assurance Company with other companies in Insurance sector
Sector Average
6.32
Sector Median
6.43
Lowest P/B
0.95
Highest P/B
11.88
Companies
12
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
GIC of India GICRE 0.95 ₹66,808 Low
Niva Bupa Health Insuran… NIVABUPA 3.7 ₹14,040 High
Star Health Insurance STARHEALTH 3.8 ₹27,528 High
LIC of India LICI 3.93 ₹545,468 High
Medi Assist Healthcare MEDIASSIST 3.99 ₹3,004 High
ICICI Lombard General In… ICICIGI 5.77 ₹95,717 High
Go Digit General Insuran… GODIGIT 6.43 ₹30,686 High
ICICI Prudential Life In… ICICIPRULI 7.0 ₹94,281 High
HDFC Life Insurance HDFCLIFE 8.62 ₹150,343 High
Canara HSBC Life Insuran… CANHLIFE 9.16 ₹14,618 High