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Jindal Stainless Ltd PB Ratio

Jindal Stainless Ltd PB Ratio

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₹ 1.5 Cr

Volume transacted

stocks purchased

20.1 K

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Last Updated time: 18 Sep 9.00 AM

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Jindal Stainless Ltd

NSE: JSL

PB

4.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Jindal Stainless Ltd is 4.3 as of 18 Sep 24.
  • The P/B Ratio of Jindal Stainless Ltd changed from 1.5 on March 2022 to 4 on March 2024 . This represents a CAGR of 38.67% over 3 years. .

Historical P/B Ratio of Jindal Stainless Ltd

No data available

Company Fundamentals for Jindal Stainless Ltd

Market Cap

61,704 Cr

EPS

30.8

P/E Ratio (TTM) *

24.3

P/B Ratio (TTM) *

4.3

Day’s High *

764.75

Day’s Low

745.3

DTE *

0.4

ROE *

18.9

52 Week High

848.0

52 Week Low

429.0

ROCE *

19.9

Share price Over Time

1M

1Y

3Y

5Y

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

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024749.35
17 Sep 2024756.4
16 Sep 2024759.2
13 Sep 2024763.35
12 Sep 2024750.9
11 Sep 2024734.1
10 Sep 2024739.8
09 Sep 2024720.55
06 Sep 2024725.95
05 Sep 2024719.5

SWOT Analysis Of Jindal Stainless Ltd

Strength

5

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Jindal Stainless Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Jindal Stainless Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Jindal Stainless Ltd461,704
JSW Steel Ltd3072,33,688
Tata Steel Ltd1091,88,002
Jindal Steel & Power Ltd4461,04,508
Tube Investments of India Ltd20577,795
Steel Authority of India Ltd13153,532

Key Valuation Metric of Jindal Stainless Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Jindal Stainless Ltd

No data available

* All values are in crore

Historical Revenue of Jindal Stainless Ltd

No data available

* All values are in crore

Historical EBITDA of Jindal Stainless Ltd

No data available

* All values are in crore

Historical Net Profit of Jindal Stainless Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Jindal Stainless Ltd News Hub

News

Jindal Stainless Ltd leads losers in 'A' group

J Kumar Infraprojects Ltd, Kirloskar Pneumatic Company Ltd, Genus Power Infrastructures Lt...

Read more

02 Sep 202415:00

News

Jindal Stainless to convene AGM

Jindal Stainless announced that the Annual General Meeting (AGM) of the company will be he...

Read more

20 Aug 202410:46

News

Jindal Stainless schedules AGM

Jindal Stainless announced that the Annual General Meeting (AGM) of the company will be he...

Read more

20 Aug 202416:22

News

Jindal Stainless receives qualified vendor accreditation from BrahMos Aerospace

Jindal Stainless has been accredited by BrahMos Aerospace as a qualified vendor for the ma...

Read more

13 Aug 202407:51

News

Jindal Stainless Ltd up for third consecutive session

Jindal Stainless Ltd is up for a third straight session today. The stock is quoting at Rs ...

Read more

13 Aug 202413:05

News

Jindal Stainless to hold EGM

Jindal Stainless announced that an Extra Ordinary General Meeting (EGM) of the Company wil...

Read more

07 Aug 202410:29

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FAQs for PB Ratio of Jindal Stainless Ltd

What is the PB ratio of Jindal Stainless Ltd?

The current PB ratio of Jindal Stainless Ltd is 4.3. 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 Jindal Stainless Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Jindal Stainless 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 Jindal Stainless Ltd calculated?

The PB ratio of Jindal Stainless 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 Jindal Stainless Ltd?

A high PB ratio suggests that Jindal Stainless 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 Jindal Stainless Ltd?

A low PB ratio of Jindal Stainless Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Jindal Stainless Ltd PB Ratio change over time?

Yes, the PB ratio of Jindal Stainless 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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