Newever Trade Wings (BOM:536644) PB Ratio: 0.22 (As of Aug. 03, 2026)

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What is Newever Trade Wings PB Ratio?

Newever Trade Wings BOM:536644 PB Ratio is 0.22 as of Aug. 03, 2026.

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 (2026-08-03), Newever Trade Wings's share price is ₹2.16. Newever Trade Wings's Book Value per Share for the quarter that ended in Sep. 2017 was ₹9.99. Hence, Newever Trade Wings's PB Ratio of today is 0.22.

The historical rank and industry rank for Newever Trade Wings's PB Ratio or its related term are showing as below:

BOM:536644's PB Ratio is not ranked *
in the Steel industry.
Industry Median: 0.96
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Newever Trade Wings  (BOM:536644) 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.

Newever Trade Wings PB Ratio Related Terms

Newever Trade Wings PB Ratio Historical Data

* Premium members only.

The historical data trend for Newever Trade Wings'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.

Newever Trade Wings PB Ratio Chart

Newever Trade Wings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17
PB Ratio
0.00 2.70 0.72 0.27 0.15

Newever Trade Wings Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.27 0.21 0.15 0.22

BOM:536644 vs ADMG: PB Ratio Comparison

For the Steel subindustry, Newever Trade Wings'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.

Newever Trade Wings PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Newever Trade Wings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Newever Trade Wings's PB Ratio falls into.


Newever Trade Wings 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.

Newever Trade Wings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2017)
=2.16/9.994
=0.22

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 0.22 mean?
Newever Trade Wings (BOM:536644) has a PB Ratio of 0.22 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Newever Trade Wings and its competitors.
Is Newever Trade Wings' PB Ratio too high?
Newever Trade Wings' current PB Ratio is 0.22. The Steel industry median PB Ratio is 0.96. Newever Trade Wings' value of 0.22 is 77.1% below this industry median.
How does Newever Trade Wings' PB Ratio compare to ADMG?
Newever Trade Wings' PB Ratio of 0.22 can be compared against companies in the Steel industry. The industry median PB Ratio is 0.96. Newever Trade Wings' value of 0.22 is 77.1% below this benchmark. 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 611 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. Newever Trade Wings's current PB Ratio of 0.22 is 77.1% 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 Newever Trade Wings and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newever Trade Wings's current PB Ratio is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newever Trade Wings stock overvalued right now?
Newever Trade Wings (BOM:536644) has a current PB Ratio of 0.22. The current PB Ratio is 0.22 and 77.1% below the Steel industry median of 0.96. 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 Newever Trade Wings (BOM:536644), the current PB Ratio is 0.22 as of Aug. 03, 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.

Newever Trade Wings Business Description

Address 238B, A.J.C. Bose Road, Unit 4B, 4th Floor, Kolkata, WB, IND, 700020
Newever Trade Wings Ltd is an Indian company which is engaged in the business of trading in iron and steel and other related commodities. The company is involved in Wholesale Trade in Metal Channel, Joist, M.S. (Mild Steel) Angle, MS Sheet, TMT (thermomechanical treatment) Bar and other.