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The historical rank and industry rank for National General Industries's PB Ratio or its related term are showing as below:
BOM:531651'
s PB Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.68 Max: 10.52
Current: 0.72
During the past 13 years, National General Industries's highest PB Ratio was 10.52. The lowest was 0.53. And the median was 0.68.
BOM:531651's PB Ratio is ranked better than 64.58% of 607
companies
in the Steel industry
Industry Median: 1
vs BOM:531651: 0.72
During the past 12 months, National General Industries's average Book Value Per Share Growth Rate was 24.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National General Industries was 14.80% per year. The lowest was -1.10% per year. And the median was 6.30% 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.
National General Industries PB Ratio Related Terms
National General Industries 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.
For the Steel subindustry, National General Industries'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.
National General Industries PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, National General Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where National General Industries'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.
* 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.
National General Industries (BOM:531651) has a PB Ratio of 0.72 as of Sep. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National General Industries and its competitors. This is near median its historical median of 0.68. Over the past decade, National General Industries' PB Ratio has ranged from 0.53 to 10.52. According to the industry distribution chart, National General Industries ranks #215 out of 607 companies in the Steel industry, placing it in the top 35.4%.
Is National General Industries' PB Ratio too high?
National General Industries' current PB Ratio of 0.72 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 10.52. The Steel industry median PB Ratio is 1.00. National General Industries' value of 0.72 is 28% below this industry median. Based on the distribution chart, National General Industries ranks #215 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, National General Industries has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National General Industries' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, National General Industries ranks #215 out of 607 companies for PB Ratio. This puts National General Industries in the upper half of its industry. The industry median PB Ratio is 1.00. National General Industries' value of 0.72 is 28% below this benchmark. Historically, National General Industries' own PB Ratio has ranged from 0.53 to 10.52 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.00, National General Industries 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 Steel company?
The median PB Ratio among Steel companies is 1.00, 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. National General Industries's current PB Ratio of 0.72 is 28% 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 National General Industries and its competitors. For the Steel industry, the median PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National General Industries's current PB Ratio is 0.72, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National General Industries stock overvalued right now?
Based on GuruFocus' analysis, National General Industries (BOM:531651) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹71.19, compared to a current price of ₹58.50 — trading 17.8% below its estimated fair value. The current PB Ratio is 0.72, which is near median its 10-year median of 0.68 and 28% below the Steel industry median of 1.00. National General Industries' overall GF Score™ is 60/100 with 3 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 National General Industries (BOM:531651), the current PB Ratio is 0.72 as of Sep. 06, 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 National General Industries (BOM:531651) Overvalued in 2026?
Based on GuruFocus' analysis, National General Industries stock appears to be undervalued.
The current stock price of ₹58.50 is trading 17.8% below its estimated GF Value™ of ₹71.19.
GuruFocus considers National General Industries to be Modestly Undervalued.
Key valuation signals for BOM:531651:
PB Ratio: 0.72 (near median its 10-year median of 0.68)
GF Value™: ₹71.19 vs. price of ₹58.50 (17.8% below fair value)
Industry Position: 28% below the Steel median (#215 of 607)
No single metric tells the full story. See the BOM:531651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National General Industries Ltd is active in the steel industry, engaged in the production and sale of steel through its rolling unit located in Ghaziabad, Uttar Pradesh. It manufactures hot-rolled steel rounds, steel squares, and steel flats. The company operates in two segments: steel manufacturing and investments, with the majority of its revenue generated from steel manufacturing.
60GF Score
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