Nikita Greentech Recycling (NSE:NIKITA) PB Ratio: 1.06 (As of Aug. 31, 2026) — Near Median

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NSE:NIKITA Nikita Greentech Recycling Ltd NSE:NIKITA
11 GF Score
Price ₹76.90
! 6 Warning Signs
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What is Nikita Greentech Recycling PB Ratio?

Nikita Greentech Recycling NSE:NIKITA 11 PB Ratio is 1.06 as of Aug. 31, 2026, which is 5% below its 10-year median of 1.11. GuruFocus rates NSE:NIKITA with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 271 Forest Products companies, Nikita Greentech Recycling ranks worse than 62.73% 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 (2026-08-31), Nikita Greentech Recycling's share price is ₹76.90. Nikita Greentech Recycling's Book Value per Share for the quarter that ended in Mar. 2026 was ₹72.62. Hence, Nikita Greentech Recycling's PB Ratio of today is 1.06.

Good Sign:

Nikita Greentech Recycling Ltd stock PB Ratio (=1.06) is close to 1-year low of 1.

The historical rank and industry rank for Nikita Greentech Recycling's PB Ratio or its related term are showing as below:

NSE:NIKITA' s PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.11   Max: 1.67
Current: 1.06

During the past 5 years, Nikita Greentech Recycling's highest PB Ratio was 1.67. The lowest was 1.00. And the median was 1.11.

NSE:NIKITA's PB Ratio is ranked worse than
62.73% of 271 companies
in the Forest Products industry
Industry Median: 0.79 vs NSE:NIKITA: 1.06

During the past 3 years, the average Book Value Per Share Growth Rate was 48.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Nikita Greentech Recycling was 48.40% per year. The lowest was 48.40% per year. And the median was 48.40% per year.

Back to Basics: PB Ratio


Nikita Greentech Recycling  (NSE:NIKITA) 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.


Nikita Greentech Recycling PB Ratio Related Terms


Nikita Greentech Recycling PB Ratio Historical Data

* Premium members only.

The historical data trend for Nikita Greentech Recycling'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.

Nikita Greentech Recycling PB Ratio Chart

Nikita Greentech Recycling Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 0.00 1.54

Nikita Greentech Recycling Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 1.56 1.54

Nikita Greentech Recycling PB Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Nikita Greentech Recycling'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.


Nikita Greentech Recycling PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nikita Greentech Recycling's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nikita Greentech Recycling's PB Ratio falls into.


NSE:NIKITA
11GF Score
Nikita Greentech Recycling Ltd NSE:NIKITA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikita Greentech Recycling 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.

Nikita Greentech Recycling's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=76.90/72.616
=1.06

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.06 mean?
Nikita Greentech Recycling (NSE:NIKITA) has a PB Ratio of 1.06 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nikita Greentech Recycling and its competitors. This is near median its historical median of 1.11. Over the past decade, Nikita Greentech Recycling's PB Ratio has ranged from 1.00 to 1.67. According to the industry distribution chart, Nikita Greentech Recycling ranks #170 out of 271 companies in the Forest Products industry, placing it in the top 62.7%.
Is Nikita Greentech Recycling's PB Ratio too high?
Nikita Greentech Recycling's current PB Ratio of 1.06 is near median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.67. The Forest Products industry median PB Ratio is 0.79. Nikita Greentech Recycling's value of 1.06 is 34.2% above this industry median. Based on the distribution chart, Nikita Greentech Recycling ranks #170 out of 271 companies in the Forest Products industry, which is below the industry midpoint. Overall, Nikita Greentech Recycling has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Nikita Greentech Recycling's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Nikita Greentech Recycling ranks #170 out of 271 companies for PB Ratio. This places Nikita Greentech Recycling in the lower half of its industry. The industry median PB Ratio is 0.79. Nikita Greentech Recycling's value of 1.06 is 34.2% above this benchmark. Historically, Nikita Greentech Recycling's own PB Ratio has ranged from 1.00 to 1.67 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.79, Nikita Greentech Recycling 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.79, based on 271 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. Nikita Greentech Recycling's current PB Ratio of 1.06 is 34.2% 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 Nikita Greentech Recycling 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. Nikita Greentech Recycling's current PB Ratio is 1.06, which is near median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikita Greentech Recycling stock overvalued right now?
Nikita Greentech Recycling (NSE:NIKITA) has a current PB Ratio of 1.06. The current PB Ratio is 1.06, which is near median its 10-year median of 1.11 and 34.2% above the Forest Products industry median of 0.79. Nikita Greentech Recycling's overall GF Score™ is 11/100 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 Nikita Greentech Recycling (NSE:NIKITA), the current PB Ratio is 1.06 as of Aug. 31, 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.

Nikita Greentech Recycling Business Description

Address Industrial Estate Panipat Road, C-10, Shamli, Muzaffarnagar, UP, IND, 247776
Nikita Greentech Recycling Ltd, formerly Nikita Papers Ltd is a manufacturers of recycled kraft paper. It is manufacturing Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) ranges. The company has only one segment: Business of Kraft Paper Manufacturing.
11GF Score

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₹76.90
Price