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PB Ratio of New India Assurance Company Ltd

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New India Assurance Company Ltd

NSE: NIACL

PB Ratio

0.9

Last updated on: Apr 01, 2025

Key Highlights

  • The latest PB Ratio of New India Assurance Company Ltd is 0.9.
  • The PB ratio of the New India Assurance Company Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of New India Assurance Company Ltd changed from 0.9 on March 2020 to 1.3 on March 2024 . This represents a CAGR of 7.63% over 5 years.

Historical P/B Ratio of New India Assurance Company Ltd

No data available

Company Fundamentals for New India Assurance Company Ltd

Market Cap

26,079 Cr

EPS

6.0

P/E Ratio (TTM)

26.4

P/B Ratio (TTM)

0.9

Day’s High

159.5

Day’s Low

153.75

DTE

0.0

ROE

0.0

52 Week High

309.9

52 Week Low

135.85

ROCE

0.0

Market Price of New India Assurance Company Ltd

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
01 Apr 2025158.25
28 Mar 2025154.55
27 Mar 2025158.55
26 Mar 2025158.45
25 Mar 2025160.5
24 Mar 2025165.55
21 Mar 2025165.2
20 Mar 2025153.4
19 Mar 2025152.9
18 Mar 2025146.3

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for New India Assurance Company Ltd

Asset Value vs Market Value of New India Assurance Company Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of New India Assurance Company Ltd Explained

26079

Market cap

185

Book Value per Share

0.9X

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

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of New India Assurance Company Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

New India Assurance Company Ltd News Hub

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 June 2024. C

Read more

09 Aug 24

New India Assurance Company consolidated net profit declines 8.04% in the June 2024 quarter

Net profit of New India Assurance Company declined 8.04% to Rs 239.31 crore in the quarter ended Jun

Read more

09 Aug 24

New India Assurance Company to conduct board meeting

New India Assurance Company will hold a meeting of the Board of Directors of the Company on 8 August

Read more

01 Aug 24

New India Assurance Company to conduct AGM

New India Assurance Company announced that the Annual General Meeting (AGM) of the company will be h

Read more

05 Sept 24

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

June 2023

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Nov 2022

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Feb 2022

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Nov 2021

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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 0.86. 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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