Valuation check: NMRD's P/B ratio is 0.0, below the Healthcare sector average of 6.65.
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The Price-to-Book ratio compares a company's market value to its book value. A lower P/B ratio may suggest that the stock is undervalued relative to its assets.
Nemaura Medical (NMRD) currently reports a P/B ratio of 0.0. That is below the Healthcare sector average of 6.65. Use the charts on this page to explore Nemaura Medical's P/B ratio history and peer comparisons.
Nemaura Medical's P/B ratio of 0.0 is lower than the Healthcare sector average of 6.65. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/B ratio is a valuation multiple that relates Nemaura Medical's market price to a fundamental measure such as earnings, sales, or book value. At 0.0, NMRD can look expensive or cheap only in context — versus its own history, growth rate, and Healthcare peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/B ratio of 0.0, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is 6.65. From there, open related valuation or income-statement pages for Nemaura Medical, and consider following NMRD for alerts when major investors trade the stock.
Nemaura Medical is classified in the Healthcare sector. On P/B ratio, it currently shows 0.0 versus a sector average near 6.65. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Healthcare are usually more informative than comparing NMRD with unrelated industries.