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NIC Asia BankXNEP:NICA -0.18%73 PB Ratio is 0.86 as of Aug. 15, 2026, which is 69% below its 10-year median of 2.79. GuruFocus rates XNEP:NICA with a GF Score™ of 73/100 and a GF Value™ of NPR379.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,512 Banks companies, NIC Asia Bank ranks better than 70.3% 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 (2026-08-15), NIC Asia Bank's share price is NPR324.40. NIC Asia Bank's Book Value per Share for the quarter that ended in Apr. 2026 was NPR378.66. Hence, NIC Asia Bank's PB Ratio of today is 0.86.
The historical rank and industry rank for NIC Asia Bank's PB Ratio or its related term are showing as below:
XNEP:NICA'
s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 2.79 Max: 5.78
Current: 0.86
During the past 13 years, NIC Asia Bank's highest PB Ratio was 5.78. The lowest was 0.75. And the median was 2.79.
XNEP:NICA's PB Ratio is ranked better than 70.3% of 1512
companies
in the Banks industry
Industry Median: 1.12
vs XNEP:NICA: 0.86
During the past 12 months, NIC Asia Bank's average Book Value Per Share Growth Rate was 86.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NIC Asia Bank was 32.40% per year. The lowest was 0.70% per year. And the median was 18.80% 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.
NIC Asia Bank PB Ratio Related Terms
NIC Asia Bank PB Ratio Historical Data
* Premium members only.
The historical data trend for NIC Asia Bank'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.
For the Banks - Regional subindustry, NIC Asia Bank'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.
NIC Asia Bank PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, NIC Asia Bank's PB Ratio distribution charts can be found below:
* The bar in red indicates where NIC Asia Bank'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.
NIC Asia Bank's PB Ratio for today is calculated as follows:
* 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.
NIC Asia Bank (XNEP:NICA) has a PB Ratio of 0.86 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NIC Asia Bank and its competitors. This is 69% below median its historical median of 2.79. Over the past decade, NIC Asia Bank's PB Ratio has ranged from 0.75 to 5.78. According to the industry distribution chart, NIC Asia Bank ranks #449 out of 1512 companies in the Banks industry, placing it in the top 29.7%.
Is NIC Asia Bank's PB Ratio too high?
NIC Asia Bank's current PB Ratio of 0.86 is 69% below median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 5.78. The Banks industry median PB Ratio is 1.12. NIC Asia Bank's value of 0.86 is 23.2% below this industry median. Based on the distribution chart, NIC Asia Bank ranks #449 out of 1512 companies in the Banks industry, which is above the industry midpoint. Overall, NIC Asia Bank has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIC Asia Bank's PB Ratio compare to competitors?
According to the Banks industry distribution chart, NIC Asia Bank ranks #449 out of 1512 companies for PB Ratio. This puts NIC Asia Bank in the upper half of its industry. The industry median PB Ratio is 1.12. NIC Asia Bank's value of 0.86 is 23.2% below this benchmark. Historically, NIC Asia Bank's own PB Ratio has ranged from 0.75 to 5.78 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 1.12, NIC Asia Bank 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 Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,512 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. NIC Asia Bank's current PB Ratio of 0.86 is 23.2% 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 NIC Asia Bank and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIC Asia Bank's current PB Ratio is 0.86, which is 69% below median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIC Asia Bank stock overvalued right now?
Based on GuruFocus' analysis, NIC Asia Bank (XNEP:NICA) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR379.51, compared to a current price of NPR324.40 — trading 14.5% below its estimated fair value. The current PB Ratio is 0.86, which is 69% below median its 10-year median of 2.79 and 23.2% below the Banks industry median of 1.12. NIC Asia Bank's overall GF Score™ is 73/100 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 NIC Asia Bank (XNEP:NICA), the current PB Ratio is 0.86 as of Aug. 15, 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 NIC Asia Bank (XNEP:NICA) Overvalued in 2026?
Based on GuruFocus' analysis, NIC Asia Bank stock appears to be undervalued.
The current stock price of NPR324.40 is trading 14.5% below its estimated GF Value™ of NPR379.51.
GuruFocus considers NIC Asia Bank to be Modestly Undervalued.
Key valuation signals for XNEP:NICA:
PB Ratio: 0.86 (69% below median its 10-year median of 2.79)
GF Value™: NPR379.51 vs. price of NPR324.40 (14.5% below fair value)
Industry Position: 23.2% below the Banks median (#449 of 1512)
No single metric tells the full story. See the XNEP:NICA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIC Asia Bank Ltd is engaged in commercial banking services in Nepal. It is organized for management and reporting purposes into segments such as Retail Banking, Corporate Banking, SME Banking, Deprived Sector Banking (DSL), Treasury, Transaction Banking (TB) and Other Banking. It generates a vast majority of the revenues from the Retail banking segment.
73GF Score
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