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New India Assurance Company Ltd PB Ratio

New India Assurance Company Ltd PB Ratio

stocks purchased

₹ 0.3 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

18.3 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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New India Assurance Company Ltd

NSE: NIACL

PB

1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of New India Assurance Company Ltd is 1 as of 07 Nov 24.
  • The P/B Ratio of New India Assurance Company Ltd changed from 0.7 on March 2022 to 1.3 on March 2024 . This represents a CAGR of 22.92% over 3 years. .

Historical P/B Ratio of New India Assurance Company Ltd

No data available

Company Fundamentals for New India Assurance Company Ltd

Market Cap

31,814 Cr

EPS

8.3

P/E Ratio (TTM) *

23.4

P/B Ratio (TTM) *

1.0

Day’s High *

195.4

Day’s Low

188.0

DTE *

0.0

ROE *

4.5

52 Week High

324.0

52 Week Low

135.05

ROCE *

3.4

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring New India Assurance Company Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 2024193.05
06 Nov 2024194.15
05 Nov 2024189.7
04 Nov 2024189.7
01 Nov 2024199.6
31 Oct 2024195.9
30 Oct 2024199.75
29 Oct 2024196.55
28 Oct 2024193.75
25 Oct 2024190.4

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for New India Assurance Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of New India Assurance Company Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of New India Assurance Company Ltd

Share Price

₹188

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of New India Assurance Company Ltd

No data available

* All values are in crore

Historical Revenue of New India Assurance Company Ltd

No data available

* All values are in crore

Historical EBITDA of New India Assurance Company Ltd

No data available

* All values are in crore

Historical Net Profit of New India Assurance Company Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

New India Assurance Company Ltd News Hub

News

New India Assurance rises on reporting turnaround Q2 numbers

However, total income increased 2.51% year on year (YoY) to Rs 10,134.53 crore in second q...

Read more

01 Nov 202418:22

News

New India Assurance Company to announce Quarterly Result

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

Read more

19 Oct 202410:23

News

New India Assurance Company to conduct AGM

New India Assurance Company announced that the Annual General Meeting (AGM) of the company...

Read more

05 Sep 202414:51

News

New India Assurance slides as Q1 PAT slips 12% YoY

Total income rose 5.71% year on year (YoY) to Rs 9,865.29 crore in the quarter ended 30 Ju...

Read more

09 Aug 202413:32

News

New India Assurance Company to conduct board meeting

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

Read more

01 Aug 202413:39

News

Volumes soar at New India Assurance Company Ltd counter

Home First Finance Company India Ltd, General Insurance Corporation of India, Mankind Phar...

Read more

26 Jul 202414:30

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FAQs for PB Ratio of New India Assurance Company Ltd

What is the PB ratio of New India Assurance Company Ltd?

The current PB ratio of New India Assurance Company Ltd is 1.04. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy New India Assurance Company Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for New India Assurance Company Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of New India Assurance Company Ltd calculated?

The PB ratio of New India Assurance Company Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for New India Assurance Company Ltd?

A high PB ratio suggests that New India Assurance Company Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for New India Assurance Company Ltd?

A low PB ratio of New India Assurance Company Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can New India Assurance Company Ltd PB Ratio change over time?

Yes, the PB ratio of New India Assurance Company Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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