Nova Iron & Steel Ltd Financial Ratios
NOVAIRONSTEELLTD · Industrial Products · Current price
P/E ratio
0.3x
P/B ratio
-4.4x
ROE
7.7%
ROCE
-14.0%
Debt / Equity
7.82
Dividend yield
0.0%
Ratio reference
| Ratio | Value | What it means |
|---|---|---|
| P/E | 0.3x | Price paid per ₹1 of annual earnings — lower is cheaper (context-dependent). |
| P/B | -4.4x | Price relative to book value — <1 can signal deep value or trouble. |
| ROE | 7.7% | Return on equity — how much profit the company earns on shareholder capital. |
| ROCE | -14.0% | Return on capital employed — efficiency including debt. >15% is strong. |
| D/E | 7.82 | Leverage — higher means more debt-funded, riskier in downturns. |
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Nova Iron & Steel Ltd profitability
Nova Iron & Steel Ltd generates a return on equity of 7.7% and a return on capital employed of -14.0%. An ROE consistently above 15% usually points to a quality business with a durable advantage; below 10% suggests weak profitability or a capital-heavy model.
Leverage & valuation
With a debt-to-equity of 7.82 and a P/E of 0.3x, Nova Iron & Steel Ltd is carrying meaningful debt. Our overall business-quality score for the company is 2.8 / 10.
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DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.