The New India Assurance Company Limited

NSE NIACL.NS

The New India Assurance Company Limited Price to Book Ratio (P/B) on January 14, 2025: 1.05

The New India Assurance Company Limited Price to Book Ratio (P/B) is 1.05 on January 14, 2025, a 3.89% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.

The New India Assurance Company Limited 52-week high Price to Book Ratio (P/B) is 1.52 on February 08, 2024, which is 44.25% above the current Price to Book Ratio (P/B).
The New India Assurance Company Limited 52-week low Price to Book Ratio (P/B) is 0.87 on October 25, 2024, which is -17.44% below the current Price to Book Ratio (P/B).
The New India Assurance Company Limited average Price to Book Ratio (P/B) for the last 52 weeks is 1.14.

Key data

Date	Price to Book Ratio (P/B)	Dividend Yield	Free Cash Flow Yield	Price to Earnings Ratio (P/E)

NSE: NIACL.NS

The New India Assurance Company Limited

CEO	Ms. Mukta Sharma
IPO Date	Nov. 13, 2017
Location	India
Headquarters	New India Assurance Building
Employees	11,938
Sector	Finance
Industries Insurance Maritime Shipping

Description

The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides marine cargo and hull, motor, health, travel, home and contents, customized business and SME products, other personal, industrial, rural, machinery, aviation, engineering, liability, fire and burglary, crop, personal accident, and property insurance products. It also offers reinsurance products. The company was incorporated in 1919 and is headquartered in Mumbai, India.

Key trends

Past 5 years