New India Assurance
NIACL.NS
#3193
Rank
โ‚ฌ3.51 B
Marketcap
2,13 โ‚ฌ
Share price
-3.45%
Change (1 day)
-9.79%
Change (1 year)

New India Assurance (NIACL.NS) - P/B ratio

P/B ratio as of January 2025 : 0.9910

According to New India Assurance 's latest financial reports the company has a price-to-book ratio of 0.670537.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

New India Assurance - P/B ratio (from 2019 to 2024)

20202021202220232024202512companiesmarketcap.com

P/B ratio by year

Year P/B ratio Change
2024-12-311.10-13.68%
2023-12-311.2764.28%
2022-12-310.775018.95%
2021-12-310.6515-29.6%
2020-12-310.9254-0.82%
2019-12-310.9330
2017-12-312.30