New India Assurance
NIACL.NS
#4016
Rank
NZ$4.95 B
Marketcap
NZ$3.01
Share price
-1.92%
Change (1 day)
-28.07%
Change (1 year)

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

P/B ratio as of December 2025 : 0.8800

According to New India Assurance 's latest financial reports the company has a price-to-book ratio of 0.514718.
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 2025)

P/B ratio by year

Year P/B ratio Change
2025-12-31N/A-100%
2024-12-311.10-13.56%
2023-12-311.2764.46%
2022-12-310.774218.93%
2021-12-310.6509-29.53%
2020-12-310.9236-1.6%
2019-12-310.9386
2017-12-312.29