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National Aluminium Co (NSE:NATIONALUM) PB Ratio : 2.59 (As of May. 15, 2024)


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What is National Aluminium Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-15), National Aluminium Co's share price is ₹189.85. National Aluminium Co's Book Value per Share for the quarter that ended in Dec. 2023 was ₹73.30. Hence, National Aluminium Co's PB Ratio of today is 2.59.

The historical rank and industry rank for National Aluminium Co's PB Ratio or its related term are showing as below:

NSE:NATIONALUM' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.11   Max: 2.37
Current: 2.37

During the past 13 years, National Aluminium Co's highest PB Ratio was 2.37. The lowest was 0.50. And the median was 1.11.

NSE:NATIONALUM's PB Ratio is ranked worse than
68.37% of 2384 companies
in the Metals & Mining industry
Industry Median: 1.4 vs NSE:NATIONALUM: 2.37

During the past 12 months, National Aluminium Co's average Book Value Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Aluminium Co was 27.00% per year. The lowest was 0.50% per year. And the median was 4.70% per year.

Back to Basics: PB Ratio


National Aluminium Co PB Ratio Historical Data

The historical data trend for National Aluminium Co's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Aluminium Co PB Ratio Chart

National Aluminium Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.54 0.93 1.78 1.10

National Aluminium Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.10 - 1.33 -

Competitive Comparison of National Aluminium Co's PB Ratio

For the Aluminum subindustry, National Aluminium Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Aluminium Co's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, National Aluminium Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where National Aluminium Co's PB Ratio falls into.



National Aluminium Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

National Aluminium Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=189.85/73.298
=2.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


National Aluminium Co  (NSE:NATIONALUM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


National Aluminium Co PB Ratio Related Terms

Thank you for viewing the detailed overview of National Aluminium Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


National Aluminium Co (NSE:NATIONALUM) Business Description

Traded in Other Exchanges
Address
Nalco Bhawan, Plot No. P/1, Nayapalli, Bhubaneswar, OR, IND, 751013
National Aluminium Co Ltd mines, produces and sells aluminum and alumina-based products in two segments: aluminium and chemicals. The company controls all stages of the aluminum process. The firm mines bauxite and refines it into alumina, then smelts most of the alumina into aluminum. The aluminum segment, which generates the majority of revenue, sells aluminum-based products. The chemicals segment sells calcinated alumina and alumina hydrate. The firm also owns and operates multiple power plants throughout India. The majority of National Aluminum's revenue comes from India.

National Aluminium Co (NSE:NATIONALUM) Headlines

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