The New India Assurance Company P/B Ratio
The New India Assurance Company (NIACL) P/B ratio is 0.79 (Low), book value per share ₹420.34 vs Insurance average P/B of 5.75 — Low - Trading below book value, may indicate undervaluation. View NIACL 52-week chart for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
NIACL P/B Ratio — Valuation Insights & Book Value Analysis
The New India Assurance Company price-to-book ratio interpretation, valuation status and historical context — current P/B 0.79 (Low). Compare with NIACL stock valuation models to assess whether the stock is under or overvalued.
- Stock appears undervalued with PB of 0.79, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 59.3% above historical average
- Trading at discount to sector average PB of 5.75
The New India Assurance Company P/B Ratio Historical Trend
NIACL 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. For live price, earnings yield and the full fundamental profile, see NIACL share price screener.
NIACL Historical P/B Ratio — Book Value Per Share & Year-End Price
The New India Assurance Company 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 | 0.38 | ₹420.34 | ₹160.56 | ₹34,636 | Low |
| 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 |
NIACL vs Insurance Peers — P/B Ratio Comparison
The New India Assurance Company P/B 0.79 vs Insurance average 5.75, median 5.62 — range 0.97–11.27.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| GIC of India | GICRE | 0.97 | ₹69,027 | Low |
| LIC of India | LICI | 3.0 | ₹540,724 | High |
| Star Health Insurance | STARHEALTH | 3.23 | ₹30,835 | High |
| Medi Assist Healthcare | MEDIASSIST | 3.26 | ₹2,723 | High |
| Niva Bupa Health Insuran… | NIVABUPA | 4.15 | ₹15,533 | High |
| ICICI Lombard General In… | ICICIGI | 5.56 | ₹92,710 | High |
| ICICI Prudential Life In… | ICICIPRULI | 5.62 | ₹75,469 | High |
| Go Digit General Insuran… | GODIGIT | 6.07 | ₹28,262 | High |
| HDFC Life Insurance | HDFCLIFE | 7.53 | ₹133,524 | High |
| Canara HSBC Life Insuran… | CANHLIFE | 8.29 | ₹13,305 | High |