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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NBCC IndiaNSE:NBCC -0.05%91 PB Ratio is 8.70 as of Jul. 20, 2026, which is 20% above its 10-year median of 7.27. GuruFocus rates NSE:NBCC with a GF Score™ of 91/100 and a GF Value™ of ₹116.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,722 Construction companies, NBCC India ranks worse than 93.96% 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 (2026-07-20), NBCC India's share price is ₹97.25. NBCC India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹11.18. Hence, NBCC India's PB Ratio of today is 8.70.
The historical rank and industry rank for NBCC India's PB Ratio or its related term are showing as below:
NSE:NBCC'
s PB Ratio Range Over the Past 10 Years
Min: 2.01 Med: 7.27 Max: 13.91
Current: 8.7
During the past 13 years, NBCC India's highest PB Ratio was 13.91. The lowest was 2.01. And the median was 7.27.
NSE:NBCC's PB Ratio is ranked worse than 93.96% of 1722
companies
in the Construction industry
Industry Median: 1.31
vs NSE:NBCC: 8.70
During the past 12 months, NBCC India's average Book Value Per Share Growth Rate was 21.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NBCC India was 54.80% per year. The lowest was -7.40% per year. And the median was 15.80% per year.
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.
NBCC India PB Ratio Related Terms
NBCC India PB Ratio Historical Data
* Premium members only.
The historical data trend for NBCC India'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.
For the Engineering & Construction subindustry, NBCC India'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.
NBCC India PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, NBCC India's PB Ratio distribution charts can be found below:
* The bar in red indicates where NBCC India's PB Ratio falls into.
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.
NBCC India's PB Ratio for today is calculated as follows:
* 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.
NBCC India (NSE:NBCC) has a PB Ratio of 8.70 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NBCC India and its competitors. This is 20% above median its historical median of 7.27. Over the past decade, NBCC India's PB Ratio has ranged from 2.01 to 13.91. According to the industry distribution chart, NBCC India ranks #1618 out of 1722 companies in the Construction industry, placing it in the top 94%.
Is NBCC India's PB Ratio too high?
NBCC India's current PB Ratio of 8.70 is 20% above median its 10-year median of 7.27. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 13.91. The Construction industry median PB Ratio is 1.31. NBCC India's value of 8.70 is 564.1% above this industry median. Based on the distribution chart, NBCC India ranks #1618 out of 1722 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, NBCC India has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NBCC India's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, NBCC India ranks #1618 out of 1722 companies for PB Ratio. This places NBCC India in the lower half of its industry. The industry median PB Ratio is 1.31. NBCC India's value of 8.70 is 564.1% above this benchmark. Historically, NBCC India's own PB Ratio has ranged from 2.01 to 13.91 over the past decade. While the company's 10-year median is 7.27 vs. the industry median of 1.31, NBCC India has consistently been above 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 1.31, based on 1,722 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. NBCC India's current PB Ratio of 8.70 is 564.1% above 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 NBCC India and its competitors. For the Construction industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBCC India's current PB Ratio is 8.70, which is 20% above median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBCC India stock overvalued right now?
Based on GuruFocus' analysis, NBCC India (NSE:NBCC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹116.03, compared to a current price of ₹97.25 — trading 16.2% below its estimated fair value. The current PB Ratio is 8.70, which is 20% above median its 10-year median of 7.27 and 564.1% above the Construction industry median of 1.31. NBCC India's overall GF Score™ is 91/100 with 2 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 NBCC India (NSE:NBCC), the current PB Ratio is 8.70 as of Jul. 20, 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 NBCC India (NSE:NBCC) Overvalued in 2026?
Based on GuruFocus' analysis, NBCC India stock appears to be undervalued.
The current stock price of ₹97.25 is trading 16.2% below its estimated GF Value™ of ₹116.03.
GuruFocus considers NBCC India to be Modestly Undervalued.
Key valuation signals for NSE:NBCC:
PB Ratio: 8.70 (20% above median its 10-year median of 7.27)
GF Value™: ₹116.03 vs. price of ₹97.25 (16.2% below fair value)
Industry Position: 564.1% above the Construction median (#1618 of 1722)
No single metric tells the full story. See the NSE:NBCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NBCC India Ltd is engaged in the urban and regional development sector. The operating segment includes Project Management Consultancy which offers management and consultancy services for civil construction projects, Real Estate Development which focuses on residential and commercial projects and Engineering Procurement, and Construction segment which covers chimneys, cooling towers, roads, water and sewage treatment plants. Business activity of the company functions through India and it derives the majority of its revenue from Project Management Consultancy segment.
91GF Score
Get the complete analysis for NSE:NBCC
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