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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

1.2

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of New India Assurance Company Ltd is 1.2.
  • The PB ratio of the New India Assurance Company Ltd is below 1.5 which indicates that the stock is fairly valued.
  • The P/B Ratio of New India Assurance Company Ltd changed from 1.3 on March 2019 to 1.3 on March 2024 . This represents a CAGR of 0.00% over 6 years.

Historical P/B Ratio of New India Assurance Company Ltd

No data available

Company Fundamentals for New India Assurance Company Ltd

Market Cap

35,291 Cr

EPS

8.3

P/E Ratio (TTM)

25.9

P/B Ratio (TTM)

1.2

Day’s High

221.85

Day’s Low

206.0

DTE

0.0

ROE

4.5

52 Week High

324.0

52 Week Low

168.95

ROCE

3.4

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
20 Dec 2024214.15
19 Dec 2024205.55
18 Dec 2024207.35
17 Dec 2024207.75
16 Dec 2024213.45

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

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

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 1.16. 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.
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