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Art Nirman (NSE:ARTNIRMAN) PB Ratio : 3.40 (As of Apr. 29, 2025)


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What is Art Nirman 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 (2025-04-29), Art Nirman's share price is ₹46.45. Art Nirman's Book Value per Share for the fiscal year that ended in Mar. 2023 was ₹13.67. Hence, Art Nirman's PB Ratio of today is 3.40.

Good Sign:

Art Nirman Ltd stock PB Ratio (=3.38) is close to 3-year low of 3.14.

The historical rank and industry rank for Art Nirman's PB Ratio or its related term are showing as below:

NSE:ARTNIRMAN' s PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.46   Max: 10.92
Current: 3.4

During the past 12 years, Art Nirman's highest PB Ratio was 10.92. The lowest was 1.18. And the median was 3.46.

NSE:ARTNIRMAN's PB Ratio is ranked worse than
89.84% of 1712 companies
in the Real Estate industry
Industry Median: 0.79 vs NSE:ARTNIRMAN: 3.40

During the past 3 years, the average Book Value Per Share Growth Rate was -8.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 118.70% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Art Nirman was 1154.60% per year. The lowest was -16.80% per year. And the median was 28.30% per year.

Back to Basics: PB Ratio


Art Nirman PB Ratio Historical Data

The historical data trend for Art Nirman'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.

Art Nirman PB Ratio Chart

Art Nirman 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 0.83 1.46 1.77 7.12 3.71

Art Nirman Quarterly Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 3.71 - 3.67 - -

Competitive Comparison of Art Nirman's PB Ratio

For the Real Estate - Development subindustry, Art Nirman'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.


Art Nirman's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Art Nirman's PB Ratio distribution charts can be found below:

* The bar in red indicates where Art Nirman's PB Ratio falls into.


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Art Nirman 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.

Art Nirman's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Mar. 2023)
=46.45/13.67
=3.40

* 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.


Art Nirman  (NSE:ARTNIRMAN) 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.


Art Nirman PB Ratio Related Terms

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


Art Nirman Business Description

Traded in Other Exchanges
N/A
Address
Science City Main Road, 410, JBR Arcade, Sola, Ahmedabad, GJ, IND, 380060
Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.

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