NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. It explores for a range of minerals, such as iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc., as well as gold and coal. The company primarily holds interests in the Bailadila iron ore mines located in Kirandul Complex and Bacheli Complex, Chattisgarh; Donimalai iron ore mines located in various regions, including Donimalai, Kumaraswamy, and Ramandurg in Karnataka; and a diamond mining project located in Panna, Madhya Pradesh. It also produces and sells sponge iron and pellets; and generates and sells wind power. The company also exports its iron ore products to Japan and South Korea. The company was formerly known as National Mineral Development Corporation Limited. NMDC Limited was incorporated in 1958 and is headquartered in Hyderabad, India.
P/B ratio for NMDC Limited (NMDC.NS)
P/B ratio as of 2023: 2.43
According to NMDC Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.43. At the end of 2022 the company had a P/B ratio of 1.45.
P/B ratio history for NMDC Limited from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.43 |
| 2022 | 1.45 |
| 2021 | 1.05 |
| 2020 | 1.02 |
| 2019 | 0.68 |
| 2018 | 0.95 |
| 2017 | 1.14 |
| 2016 | 1.39 |
| 2015 | 0.77 |
| 2014 | 0.94 |
| 2013 | 1.09 |
| 2012 | 1.16 |
| 2011 | 1.55 |
| 2010 | 3.48 |
| 2009 | 4.85 |
| 2008 | 3.15 |
| 2007 | 9.81 |
| 2006 | 14.92 |
| 2005 | 21.56 |
| 2004 | 33.25 |
| 2003 | 42.74 |