The New India Assurance Company P/B Ratio

Current P/B Ratio
1.2
Moderate Valuation
Moderate - Reasonably valued relative to book value

The New India Assurance Company P/B ratio. The New India Assurance Company (NIACL) P/B ratio is 1.2 (Moderate), book value per share ₹346.88 vs Insurance average P/B of 4.94 — Moderate - Reasonably valued relative to book value. Analyse The New India Assurance Compan shareholding analysis to track promoter, FII and institutional holdings.

Current Valuation Metrics

P/B Ratio 1.2
Current Price ₹159.80
Book Value/Share ₹346.88
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹28,583 Cr
Share Capital ₹824 Cr
Reserves & Surplus ₹23,802 Cr
Outstanding Shares 824,000,000
Book Value per Share ₹346.88

Valuation Signal

Signal Fairly Valued
Historical Avg 0.51
Historical Range 0.4 - 0.67
Percentile 100.0%

Sector Context

Sector Average 4.94
Sector Median 4.81
Sector Rank #2 of 12
Sector Percentile 16.7%

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 1.2 (Moderate). View NIACL 52-week chart for the annual high/low range and current price position.

  • Current PB is 134.4% above historical average
  • Trading at discount to sector average PB of 4.94

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 0.46 ₹346.88 ₹159.80 ₹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 1.2 vs Insurance average 4.94, median 4.81 — range 0.78–8.28.

Sector Average
4.94
Sector Median
4.81
Lowest P/B
0.78
Highest P/B
8.28
Companies
12
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
GIC of India GICRE 0.78 ₹57,404 Low
LIC of India LICI 2.83 ₹497,588 Moderate
Medi Assist Healthcare MEDIASSIST 2.85 ₹2,239 Moderate
Niva Bupa Health Insuran… NIVABUPA 3.71 ₹14,109 High
Star Health Insurance STARHEALTH 4.26 ₹31,906 High
ICICI Lombard General In… ICICIGI 4.47 ₹82,436 High
ICICI Prudential Life In… ICICIPRULI 4.81 ₹63,564 High
Go Digit General Insuran… GODIGIT 5.69 ₹26,593 High
HDFC Life Insurance HDFCLIFE 6.19 ₹118,515 High
Canara HSBC Life Insuran… CANHLIFE 7.42 ₹12,140 High