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Tamil Nadu Newsprint & Papers Ltd stock PB Ratio (=0.43) is close to 5-year low of 0.39.
The historical rank and industry rank for Tamil Nadu Newsprint & Papers's PB Ratio or its related term are showing as below:
NSE:TNPL'
s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.78 Max: 2
Current: 0.43
During the past 13 years, Tamil Nadu Newsprint & Papers's highest PB Ratio was 2.00. The lowest was 0.35. And the median was 0.78.
NSE:TNPL's PB Ratio is ranked better than 75% of 272
companies
in the Forest Products industry
Industry Median: 0.785
vs NSE:TNPL: 0.43
During the past 12 months, Tamil Nadu Newsprint & Papers's average Book Value Per Share Growth Rate was 11.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tamil Nadu Newsprint & Papers was 14.20% per year. The lowest was -1.30% per year. And the median was 8.80% per year.
Back to Basics: PB Ratio
Tamil Nadu Newsprint & Papers (NSE:TNPL) PB Ratio Explanation
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.
Tamil Nadu Newsprint & Papers PB Ratio Related Terms
Tamil Nadu Newsprint & Papers PB Ratio Historical Data
* 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.
Tamil Nadu Newsprint & Papers PB Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Tamil Nadu Newsprint & Papers'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.
Tamil Nadu Newsprint & Papers PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tamil Nadu Newsprint & Papers's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tamil Nadu Newsprint & Papers's PB Ratio falls into.
Tamil Nadu Newsprint & Papers 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.
* 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.
Tamil Nadu Newsprint & Papers (NSE:TNPL) has a PB Ratio of 0.43 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tamil Nadu Newsprint & Papers and its competitors. This is 45% below median its historical median of 0.78. Over the past decade, Tamil Nadu Newsprint & Papers' PB Ratio has ranged from 0.35 to 2.00. According to the industry distribution chart, Tamil Nadu Newsprint & Papers ranks #68 out of 272 companies in the Forest Products industry, placing it in the top 25%.
Is Tamil Nadu Newsprint & Papers' PB Ratio too high?
Tamil Nadu Newsprint & Papers' current PB Ratio of 0.43 is 45% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.00. The Forest Products industry median PB Ratio is 0.79. Tamil Nadu Newsprint & Papers' value of 0.43 is 45.2% below this industry median. Based on the distribution chart, Tamil Nadu Newsprint & Papers ranks #68 out of 272 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Tamil Nadu Newsprint & Papers ranks #68 out of 272 companies for PB Ratio. This places Tamil Nadu Newsprint & Papers in the top 25% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.79. Tamil Nadu Newsprint & Papers' value of 0.43 is 45.2% below this benchmark. Historically, Tamil Nadu Newsprint & Papers' own PB Ratio has ranged from 0.35 to 2.00 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.79, Tamil Nadu Newsprint & Papers 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.79, based on 272 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. Tamil Nadu Newsprint & Papers's current PB Ratio of 0.43 is 45.2% 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 Tamil Nadu Newsprint & Papers and its competitors. For the Forest Products industry, the median PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamil Nadu Newsprint & Papers's current PB Ratio is 0.43, which is 45% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹183.60, compared to a current price of ₹143.75 — trading 21.7% below its estimated fair value. The current PB Ratio is 0.43, which is 45% below median its 10-year median of 0.78 and 45.2% below the Forest Products industry median of 0.79. Tamil Nadu Newsprint & Papers' overall GF Score™ is 73/100 with 6 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), the current PB Ratio is 0.43 as of Jul. 16, 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued.
The current stock price of ₹143.75 is trading 21.7% below its estimated GF Value™ of ₹183.60.
GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.
Key valuation signals for NSE:TNPL:
PB Ratio: 0.43 (45% below median its 10-year median of 0.78)
GF Value™: ₹183.60 vs. price of ₹143.75 (21.7% below fair value)
Industry Position: 45.2% below the Forest Products median (#68 of 272)
No single metric tells the full story. See the NSE:TNPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamil Nadu Newsprint & Papers Business Description
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
73GF Score
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