Nelco Limited provides systems and solutions in the areas of very small aperture terminals (VSAT) connectivity, and integrated security and surveillance in India. It offers VSAT satellite communication services for renewable energy, enterprise, maritime, oil, energy, and gas sectors, as well as to bank ATM and branches. The company is also involved in the design, supply, installation, and maintenance of integrated security and surveillance solutions for application in industrial plants, power stations, broadcasting stations, telecommunications stations, airports, railways, seaports, and borders. In addition, it offers end to end networking solutions; and engages in the sale/rental of VSATs and maintenance of private hubs and hybrid networks. The company serves businesses and government institutions. The company was incorporated in 1940 and is based in Navi Mumbai, India. Nelco Limited operates as a subsidiary of The Tata Power Company Limited.
P/B ratio for Nelco Limited (NELCO.NS)
P/B ratio as of 2023: 13.27
According to Nelco Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 13.27. At the end of 2022 the company had a P/B ratio of 11.29.
P/B ratio history for Nelco Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 13.27 |
| 2022 | 11.29 |
| 2021 | 18.37 |
| 2020 | 5.68 |
| 2019 | 4.67 |
| 2018 | 11.74 |
| 2017 | 11.47 |
| 2016 | 8.22 |
| 2015 | 24.26 |
| 2014 | 11.85 |
| 2013 | 4.80 |
| 2012 | 3.65 |
| 2011 | 3.84 |
| 2010 | 5.49 |
| 2009 | 0.00 |
| 2007 | 5.96 |
| 2006 | 0.00 |