Niraj Cement Structurals (BOM:532986) PB Ratio: 0.65 (As of Aug. 02, 2026) — Near Median

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BOM:532986 Niraj Cement Structurals Ltd BOM:532986
69 GF Score
Price ₹29.00
GF Value ₹32.22
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Niraj Cement Structurals PB Ratio?

Niraj Cement Structurals BOM:532986 +1.54% 69 PB Ratio is 0.65 as of Aug. 02, 2026, which is 3% below its 10-year median of 0.67. GuruFocus rates BOM:532986 with a GF Score™ of 69/100 and a GF Value™ of ₹32.22 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,720 Construction companies, Niraj Cement Structurals ranks better than 77.56% on this metric.

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 (2026-08-02), Niraj Cement Structurals's share price is ₹29.00. Niraj Cement Structurals's Book Value per Share for the quarter that ended in Mar. 2026 was ₹44.55. Hence, Niraj Cement Structurals's PB Ratio of today is 0.65.

The historical rank and industry rank for Niraj Cement Structurals's PB Ratio or its related term are showing as below:

BOM:532986' s PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.67   Max: 1.78
Current: 0.65

During the past 13 years, Niraj Cement Structurals's highest PB Ratio was 1.78. The lowest was 0.08. And the median was 0.67.

BOM:532986's PB Ratio is ranked better than
77.56% of 1720 companies
in the Construction industry
Industry Median: 1.32 vs BOM:532986: 0.65

During the past 12 months, Niraj Cement Structurals's average Book Value Per Share Growth Rate was 9.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -12.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Niraj Cement Structurals was 5.90% per year. The lowest was -24.90% per year. And the median was -3.00% per year.

Back to Basics: PB Ratio


Niraj Cement Structurals  (BOM:532986) 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.


Niraj Cement Structurals PB Ratio Related Terms


Niraj Cement Structurals PB Ratio Historical Data

* Premium members only.

The historical data trend for Niraj Cement Structurals'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.

Niraj Cement Structurals PB Ratio Chart

Niraj Cement Structurals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.59 0.98 1.33 0.46

Niraj Cement Structurals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.33 0.00 1.06 0.00 0.46

BOM:532986 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Niraj Cement Structurals'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.


Niraj Cement Structurals PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Niraj Cement Structurals's PB Ratio distribution charts can be found below:

* The bar in red indicates where Niraj Cement Structurals's PB Ratio falls into.


BOM:532986
69GF Score
Niraj Cement Structurals Ltd BOM:532986
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niraj Cement Structurals 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.

Niraj Cement Structurals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=29.00/44.547
=0.65

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.65 mean?
Niraj Cement Structurals (BOM:532986) has a PB Ratio of 0.65 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Niraj Cement Structurals and its competitors. This is near median its historical median of 0.67. Over the past decade, Niraj Cement Structurals' PB Ratio has ranged from 0.08 to 1.78. According to the industry distribution chart, Niraj Cement Structurals ranks #386 out of 1720 companies in the Construction industry, placing it in the top 22.4%.
Is Niraj Cement Structurals' PB Ratio too high?
Niraj Cement Structurals' current PB Ratio of 0.65 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.78. The Construction industry median PB Ratio is 1.32. Niraj Cement Structurals' value of 0.65 is 50.8% below this industry median. Based on the distribution chart, Niraj Cement Structurals ranks #386 out of 1720 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Niraj Cement Structurals has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niraj Cement Structurals' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Niraj Cement Structurals ranks #386 out of 1720 companies for PB Ratio. This places Niraj Cement Structurals in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.32. Niraj Cement Structurals' value of 0.65 is 50.8% below this benchmark. Historically, Niraj Cement Structurals' own PB Ratio has ranged from 0.08 to 1.78 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.32, Niraj Cement Structurals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,720 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Niraj Cement Structurals's current PB Ratio of 0.65 is 50.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Niraj Cement Structurals and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niraj Cement Structurals's current PB Ratio is 0.65, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niraj Cement Structurals stock overvalued right now?
Based on GuruFocus' analysis, Niraj Cement Structurals (BOM:532986) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.22, compared to a current price of ₹29.00 — trading 10% below its estimated fair value. The current PB Ratio is 0.65, which is near median its 10-year median of 0.67 and 50.8% below the Construction industry median of 1.32. Niraj Cement Structurals' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Niraj Cement Structurals (BOM:532986), the current PB Ratio is 0.65 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Niraj Cement Structurals (BOM:532986) Overvalued in 2026?

Based on GuruFocus' analysis, Niraj Cement Structurals stock appears to be undervalued. The current stock price of ₹29.00 is trading 10% below its estimated GF Value™ of ₹32.22. GuruFocus considers Niraj Cement Structurals to be Modestly Undervalued.

Key valuation signals for BOM:532986:

  • PB Ratio: 0.65 (near median its 10-year median of 0.67)
  • GF Value™: ₹32.22 vs. price of ₹29.00 (10% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 50.8% below the Construction median (#386 of 1720)

No single metric tells the full story. See the BOM:532986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niraj Cement Structurals Business Description

Other Exchanges NIRAJ:India
Address D G patil Road, Pepsi Company, off. Sion Trombay Road, Unit No 820 to 825, The Epicentre, Commercial Building, Dukes Horizon, Near R K Studio, Mumbai, MH, IND, 400088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the business of civil construction and infrastructure, which is engaged in the construction of highways, expressways, turnkey projects roads, bridges, tunnels, etc.
69GF Score

Get the complete analysis for BOM:532986

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹29.00
Price
₹32.22
GF Value