Is Nuvama Wealth Management the Best Stock in Its Sector? A Look at the Numbers

Nuvama Wealth Management CMP Rs 1,869 (13 Oct 2026). Market cap Rs 34,487 Cr. ROE 25.26%. P/E 31.87x versus Industry P/E 33.98x.

Updated: 13 Oct 2026 • 9:30 am

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Is Nuvama Wealth Management the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Nuvama Wealth Management is one of the names investors compare when screening the Finance sector, built on a 25.26% return on equity and a P/E of 31.87x against an Industry P/E of 33.98x. Whether Nuvama Wealth Management is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Finance sector peers, so you can judge that for yourself.

Is Nuvama Wealth Management the best stock in its sector? The stock trades on the NSE at Rs 1,869 as of 13 October 2026, within its 52-week range of Rs 1,096.90 to Rs 2,066.00. Nuvama Wealth Management Ltd, headquartered in Mumbai, is a wealth management and capital markets firm serving high net worth and institutional clients.

Nuvama Wealth Management sits in the Finance sector, and its 25.26% ROE and 31.87x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers

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Table of Contents

About Nuvama Wealth Management

Nuvama Wealth Management Ltd, headquartered in Mumbai, is a wealth management and capital markets firm serving high net worth and institutional clients. Its income comes from wealth management, broking and related financial services. The stock trades about 10 percent below its 52-week high and about 70 percent above its 52-week low. At a market capitalisation of Rs 34,487 Cr, it is tracked as part of the Finance sector on Univest.

Is Nuvama Wealth Management the Best Stock in Its Sector?

Nuvama Wealth Management makes its case as the best stock in its sector primarily on return on equity, combining a 25.26% ROE with a 31.87x P/E against the sector's 33.98x Industry P/E. Nuvama's 25.26% ROE is well above the 14.73% peer average, and its 31.87x P/E is slightly below the 33.98x Industry P/E, though a debt to equity ratio of 2.80 is higher than both Angel One and Motilal Oswal.

Metric	Nuvama Wealth Management
CMP (NSE)	Rs 1,868.80
52-Week High / Low	Rs 2,066.00 / Rs 1,096.90
Market Cap	Rs 34,487 Cr
P/E (TTM) vs Industry P/E	31.87x vs 33.98x
P/B	8.41
ROE	25.26%
EPS (TTM)	Rs 58.64
Dividend Yield	1.47%
Debt to Equity	2.80

Compare Nuvama Wealth Management Against Other Finance Sector Stocks

How Nuvama Wealth Management Compares Against Its Finance Sector Peers

The table below sets Nuvama Wealth Management against 2 other Finance sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Nuvama Wealth Management	34,487	31.87	25.26%	2.80
Angel One	27,584	26.74	14.96%	1.30
Motilal Oswal Financial Services	63,313	31.92	14.50%	1.65
Peer average (2 companies)	-	29.33	14.73%	1.48

Against this peer set, Nuvama Wealth Management's 25.26% ROE is above the 14.73% peer average, and its P/E of 31.87x runs above the peer average of 29.33x. Nuvama's 25.26% ROE is well above the 14.73% peer average, and its 31.87x P/E is slightly below the 33.98x Industry P/E, though a debt to equity ratio of 2.80 is higher than both Angel One and Motilal Oswal.

What Makes Nuvama Wealth Management Worth Watching in Finance

High returns: A 25.26% ROE is higher than Angel One at 14.96% and Motilal Oswal at 14.50%.
Valuation: A 31.87x P/E is slightly below the 33.98x Industry P/E.
Higher leverage: A debt to equity ratio of 2.80 compares with 1.30 for Angel One and 1.65 for Motilal Oswal.

Nuvama Wealth Management Valuation: Is It Justified?

Nuvama's 25.26% ROE is well above the 14.73% peer average, and its 31.87x P/E is slightly below the 33.98x Industry P/E, though a debt to equity ratio of 2.80 is higher than both Angel One and Motilal Oswal. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is Bharat Electronics the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Nuvama Wealth Management and other Finance sector stocks.

How to Track Nuvama Wealth Management Before You Invest

Before deciding whether Nuvama Wealth Management deserves its label as the best stock in its sector for your own portfolio, compare it directly against Finance sector peers using the steps below.

Open the Univest Screener and search for Nuvama Wealth Management to view live price, valuation ratios, and peer comparisons within the Finance sector.
Compare its P/E, P/B, and ROE against other Finance sector stocks before deciding if the current valuation fits your strategy.
Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Nuvama Wealth Management earns a place in the best stock in its sector conversation on the strength of a 25.26% ROE and a P/E of 31.87x against a 33.98x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Is Nuvama Wealth Management the best stock in its sector?

Ans. Nuvama Wealth Management has a 25.26% ROE and trades at 31.87x P/E against a 33.98x Industry P/E, and compares above the peer average ROE of 14.73% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Nuvama Wealth Management?

Ans. Nuvama Wealth Management was trading at Rs 1,868.80 on the NSE as of 13 October 2026, within its 52-week range of Rs 1,096.90 to Rs 2,066.00.

What sector does Nuvama Wealth Management belong to?

Ans. Nuvama Wealth Management is classified under the Finance sector on Univest.

How does Nuvama Wealth Management compare to its sector peers on P/E?

Ans. Nuvama Wealth Management's P/E of 31.87x is above the 29.33x average of the 2 named peers compared in this article.

What is Nuvama Wealth Management's return on equity?

Ans. Nuvama Wealth Management reported a return on equity of 25.26%, which is above the 14.73% average of its named peers in this comparison.

Should I invest in Nuvama Wealth Management based on its sector position?

Ans. Nuvama Wealth Management's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

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