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Jai Balaji Industries Ltd PB Ratio

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Jai Balaji Industries Ltd

NSE: JAIBALAJI

PB

8.8

Last updated on: 25 Nov 24

Key Highlights

  • The latest PB Ratio of Jai Balaji Industries Ltd is 8.8.
  • The PB ratio of the Jai Balaji Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Jai Balaji Industries Ltd changed from -0.2 on March 2019 to 10.2 on March 2024 . This represents a CAGR of NaN% over 6 years.

Historical P/B Ratio of Jai Balaji Industries Ltd

No data available

Company Fundamentals for Jai Balaji Industries Ltd

Market Cap

17,002 Cr

EPS

47.7

P/E Ratio (TTM)

19.5

P/B Ratio (TTM)

8.8

Day’s High

944.0

Day’s Low

917.6

DTE

0.2

ROE

45.1

52 Week High

1307.0

52 Week Low

571.65

ROCE

48.2

Market Price of Jai Balaji Industries Ltd

1M

1Y

3Y

5Y

Monitoring Jai Balaji Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
25 Nov 2024931.85
22 Nov 2024922.25
21 Nov 2024929.55
19 Nov 2024922.9
18 Nov 2024911.3

SWOT Analysis Of Jai Balaji Industries Ltd

Strength

3

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Jai Balaji Industries Ltd

Asset Value vs Market Value of Jai Balaji Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Jai Balaji Industries Ltd8.82
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

Historical Market Cap of Jai Balaji Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Jai Balaji Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Jai Balaji Industries Ltd

What is the PB ratio of Jai Balaji Industries Ltd?

The current PB ratio of Jai Balaji Industries Ltd is 8.82. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Jai Balaji Industries Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Jai Balaji Industries Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Jai Balaji Industries Ltd calculated?

The PB ratio of Jai Balaji Industries Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Jai Balaji Industries Ltd?

A high PB ratio suggests that Jai Balaji Industries Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Jai Balaji Industries Ltd?

A low PB ratio of Jai Balaji Industries Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Jai Balaji Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Jai Balaji Industries Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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