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National Securities DepositoryBOM:544467 +0.05%47 PB Ratio is 6.93 as of Aug. 08, 2026, which is 21% below its 10-year median of 8.79. GuruFocus rates BOM:544467 with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 778 Capital Markets companies, National Securities Depository ranks worse than 92.03% on this metric.
National Securities Depository Ltd stock PB Ratio (=6.94) is close to 1-year low of 6.81.
The historical rank and industry rank for National Securities Depository's PB Ratio or its related term are showing as below:
BOM:544467'
s PB Ratio Range Over the Past 10 Years
Min: 6.81 Med: 8.79 Max: 11.08
Current: 6.93
During the past 6 years, National Securities Depository's highest PB Ratio was 11.08. The lowest was 6.81. And the median was 8.79.
BOM:544467's PB Ratio is ranked worse than 92.03% of 778
companies
in the Capital Markets industry
Industry Median: 1.33
vs BOM:544467: 6.93
During the past 12 months, National Securities Depository's average Book Value Per Share Growth Rate was 18.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of National Securities Depository was 18.40% per year. The lowest was 18.20% per year. And the median was 18.30% 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 Securities Depository PB Ratio Related Terms
National Securities Depository 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 Financial Data & Stock Exchanges subindustry, National Securities Depository'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 Securities Depository PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, National Securities Depository's PB Ratio distribution charts can be found below:
* The bar in red indicates where National Securities Depository's PB Ratio falls into.
National Securities Depository 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.
National Securities Depository (BOM:544467) has a PB Ratio of 6.93 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Securities Depository and its competitors. This is 21% below median its historical median of 8.79. Over the past decade, National Securities Depository's PB Ratio has ranged from 6.81 to 11.08. According to the industry distribution chart, National Securities Depository ranks #716 out of 778 companies in the Capital Markets industry, placing it in the top 92%.
Is National Securities Depository's PB Ratio too high?
National Securities Depository's current PB Ratio of 6.93 is 21% below median its 10-year median of 8.79. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 11.08. The Capital Markets industry median PB Ratio is 1.33. National Securities Depository's value of 6.93 is 421.1% above this industry median. Based on the distribution chart, National Securities Depository ranks #716 out of 778 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, National Securities Depository has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does National Securities Depository's PB Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, National Securities Depository ranks #716 out of 778 companies for PB Ratio. This places National Securities Depository in the lower half of its industry. The industry median PB Ratio is 1.33. National Securities Depository's value of 6.93 is 421.1% above this benchmark. Historically, National Securities Depository's own PB Ratio has ranged from 6.81 to 11.08 over the past decade. While the company's 10-year median is 8.79 vs. the industry median of 1.33, National Securities Depository 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.33, based on 778 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 Securities Depository's current PB Ratio of 6.93 is 421.1% 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 National Securities Depository and its competitors. For the Capital Markets industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Securities Depository's current PB Ratio is 6.93, which is 21% below median its own 10-year median of 8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Securities Depository stock overvalued right now?
National Securities Depository (BOM:544467) has a current PB Ratio of 6.93. The current PB Ratio is 6.93, which is 21% below median its 10-year median of 8.79 and 421.1% above the Capital Markets industry median of 1.33. National Securities Depository's overall GF Score™ is 47/100 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 National Securities Depository (BOM:544467), the current PB Ratio is 6.93 as of Aug. 08, 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.
National Securities Depository Ltd is a SEBI-registered market infrastructure institution (MII) that offers a wide range-of-products and services to the financial and securities markets in India. As a depository, it provides a depository framework that allows market participants to engage in the financial and securities markets in India. It also plays a central role in developing products and services that will continue to meet the growing needs of the financial services industry in India. The company's business is to provide depository services to its clients in India, including various services for investors such as dematerialization, re-materialization, holding, transfer, and pledge of securities in electronic form.
47GF Score
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