The New India Assurance Company P/B Ratio
The New India Assurance Company (NIACL) P/B ratio is 1.32 (Moderate), book value per share ₹346.88 vs Insurance average P/B of 5.22 — Moderate - Reasonably valued relative to book value. Explore The New India Assurance Compan intrinsic worth to estimate fundamental worth using multiple valuation models.
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 1.32 (Moderate). For live price, earnings yield and the full fundamental profile, see NIACL share price screener.
- Current PB is 150.0% above historical average
- Trading at discount to sector average PB of 5.22
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. Read NIACL dividend growth for the complete payout history and dividend yield track record.
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 | 0.54 | ₹346.88 | ₹187.66 | ₹28,583 | 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 1.32 vs Insurance average 5.22, median 4.97 — range 0.81–10.15.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| GIC of India | GICRE | 0.81 | ₹59,334 | Low |
| Medi Assist Healthcare | MEDIASSIST | 2.88 | ₹2,315 | Moderate |
| LIC of India | LICI | 2.89 | ₹495,247 | Moderate |
| Niva Bupa Health Insuran… | NIVABUPA | 3.88 | ₹15,059 | High |
| ICICI Lombard General In… | ICICIGI | 4.33 | ₹71,267 | High |
| Star Health Insurance | STARHEALTH | 4.46 | ₹31,822 | High |
| Go Digit General Insuran… | GODIGIT | 4.97 | ₹23,253 | High |
| ICICI Prudential Life In… | ICICIPRULI | 5.11 | ₹67,052 | High |
| HDFC Life Insurance | HDFCLIFE | 5.83 | ₹111,372 | High |
| SBI Life Insurance | SBILIFE | 8.48 | ₹165,935 | High |