Valuation check: NMRD's P/B ratio is 0.0, below the Healthcare sector average of 6.9.
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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.
The latest P/B ratio for NMRD is 0.0. That is below the Healthcare sector average of 6.9. Investors often review this figure alongside Nemaura Medical's historical trend and sector peers before judging valuation or financial health.
Against Healthcare companies, NMRD currently prints 0.0 for P/B ratio, while the sector average sits near 6.9. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Nemaura Medical's growth, margins, and balance sheet.
A P/B ratio of 0.0 for Nemaura Medical is not 'good' or 'bad' on its own. Compare it with the peer average (6.9) and with NMRD's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.
After noting NMRD's P/B ratio (0.0), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.
This page's peer comparison chart is the fastest way to stack Nemaura Medical's P/B ratio against similar Healthcare names. You can also browse sector and industry screens on Stockcircle for a broader set of Healthcare companies and their key multiples and fundamentals.