Newmalayalam Steel (NSE:NMSTEEL) PB Ratio: 0.45 (As of Sep. 22, 2026)

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NSE:NMSTEEL Newmalayalam Steel Ltd NSE:NMSTEEL
13 GF Score
Price ₹22.50
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What is Newmalayalam Steel PB Ratio?

Newmalayalam Steel NSE:NMSTEEL 13 PB Ratio is 0.45 as of Sep. 22, 2026. GuruFocus rates NSE:NMSTEEL with a GF Score™ of 13/100.

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 (2026-09-22), Newmalayalam Steel's share price is ₹22.50. Newmalayalam Steel's Book Value per Share for the quarter that ended in Mar. 2026 was ₹49.45. Hence, Newmalayalam Steel's PB Ratio of today is 0.45.

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

NSE:NMSTEEL'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

Newmalayalam Steel  (NSE:NMSTEEL) 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.

Newmalayalam Steel PB Ratio Related Terms

Newmalayalam Steel PB Ratio Historical Data

* Premium members only.

The historical data trend for Newmalayalam Steel'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.

Newmalayalam Steel PB Ratio Chart

Newmalayalam Steel Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial - - - 0.52 0.38

Newmalayalam Steel Semi-Annual Data
Mar25 Sep25 Mar26
PB Ratio 0.52 0.67 0.38

NSE:NMSTEEL vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Newmalayalam Steel'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.

Newmalayalam Steel PB Ratio vs Steel Industry

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

* The bar in red indicates where Newmalayalam Steel's PB Ratio falls into.


NSE:NMSTEEL
13GF Score
Newmalayalam Steel Ltd NSE:NMSTEEL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmalayalam Steel 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.

Newmalayalam Steel's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=22.50/49.451
=0.45

* 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 0.45 mean?
Newmalayalam Steel (NSE:NMSTEEL) has a PB Ratio of 0.45 as of Sep. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Newmalayalam Steel and its competitors.
Is Newmalayalam Steel's PB Ratio too high?
Newmalayalam Steel's current PB Ratio is 0.45. The Steel industry median PB Ratio is 0.96. Newmalayalam Steel's value of 0.45 is 53.1% below this industry median. Overall, Newmalayalam Steel has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Newmalayalam Steel's PB Ratio compare to NUE and STLD?
Newmalayalam Steel's PB Ratio of 0.45 can be compared against companies in the Steel industry. The industry median PB Ratio is 0.96. Newmalayalam Steel's value of 0.45 is 53.1% 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 607 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. Newmalayalam Steel's current PB Ratio of 0.45 is 53.1% 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 Newmalayalam Steel 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. Newmalayalam Steel's current PB Ratio is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmalayalam Steel stock overvalued right now?
Newmalayalam Steel (NSE:NMSTEEL) has a current PB Ratio of 0.45. The current PB Ratio is 0.45 and 53.1% below the Steel industry median of 0.96. Newmalayalam Steel's overall GF Score™ is 13/100. 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 Newmalayalam Steel (NSE:NMSTEEL), the current PB Ratio is 0.45 as of Sep. 22, 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.

Newmalayalam Steel Business Description

Address Pallipuram P O, Mala, Door No. 2/546/A & 2/546/B, Mala, Thrissur, KL, IND, 680 732
Newmalayalam Steel Ltd is engaged in the manufacturing of galvanized pipes, tubes, and sheets. The Galvanized pipes and tubes are used for building roofs to reduce heat and avoid leakage, further, the galvanization process offers an added advantage of increasing the life of the product and enhancing its quality by making it rust-free. Its products are therefore manufactured to provide an effective solution to the continuous damage caused to houses in Kerala on account of inclement weather conditions.
13GF Score

Get the complete analysis for NSE:NMSTEEL

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

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