HomeInsightsPB

Jindal Steel & Power Ltd PB Ratio

Jindal Steel & Power Ltd PB Ratio

stocks purchased

₹ 2.9 Cr

Volume transacted

stocks purchased

28.5 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

Jindal Steel & Power Ltd

NSE: JINDALSTEL

PB

2.4

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Jindal Steel & Power Ltd is 2.4 as of 18 Sep 24.
  • The P/B Ratio of Jindal Steel & Power Ltd changed from 1.5 on March 2022 to 1.9 on March 2024 . This represents a CAGR of 8.20% over 3 years. .

Historical P/B Ratio of Jindal Steel & Power Ltd

No data available

Company Fundamentals for Jindal Steel & Power Ltd

Market Cap

104,508 Cr

EPS

54.8

P/E Ratio (TTM) *

18.7

P/B Ratio (TTM) *

2.4

Day’s High *

1053.15

Day’s Low

1018.55

DTE *

0.4

ROE *

13.4

52 Week High

1097.1

52 Week Low

581.9

ROCE *

12.2

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Jindal Steel & Power 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 20241024.5
17 Sep 20241052.5
16 Sep 20241041.95
13 Sep 20241031.6
12 Sep 20241004.2
11 Sep 2024966.95
10 Sep 2024961.7
09 Sep 2024947.1
06 Sep 2024953.95
05 Sep 2024950.2

SWOT Analysis Of Jindal Steel & Power Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Jindal Steel & Power Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Jindal Steel & Power Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Jindal Steel & Power Ltd21,04,508
JSW Steel Ltd3072,33,688
Tata Steel Ltd1091,88,002
Tube Investments of India Ltd20577,795
Jindal Stainless Ltd16661,704
Steel Authority of India Ltd13153,532

Key Valuation Metric of Jindal Steel & Power 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 Steel & Power Ltd

No data available

* All values are in crore

Historical Revenue of Jindal Steel & Power Ltd

No data available

* All values are in crore

Historical EBITDA of Jindal Steel & Power Ltd

No data available

* All values are in crore

Historical Net Profit of Jindal Steel & Power Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Jindal Steel & Power Ltd News Hub

News

Jindal Steel and Jindal Renewables to collaborate for green hydrogen generation

Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a landmark Memorandum of U...

Read more

16 Sep 202410:45

News

Jindal Steel & Power Ltd soars 0.76%, rises for fifth straight session

Jindal Steel & Power Ltd is up for a fifth straight session in a row. The stock is quoting...

Read more

16 Sep 202413:00

News

Jindal Steel & Power Ltd up for third straight session

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting a...

Read more

12 Sep 202413:05

News

Jindal Steel & Power to conduct AGM

Jindal Steel & Power announced that the Annual General Meeting (AGM) of the company will b...

Read more

10 Aug 202411:16

News

Jindal Steel & Power Ltd Slips 4.53%, BSE Metal index Shed 1.65%

Jindal Steel & Power Ltd fell 4.53% today to trade at Rs 928. The BSE Metal index is down ...

Read more

25 Jul 202409:30

News

Jindal Steel & Power Ltd gains for third consecutive session

Jindal Steel & Power Ltd gained for a third straight session today. The stock is quoting a...

Read more

24 Jul 202413:05

Document

Annual Reports

Annual Report 2024

dropdown
download

Credit Ratings

Credit Report 2024

dropdown
download

Concalls

July 2024

TranscriptPPT

Jan 2024

PPT

Oct 2023

PPT

Jan 2023

PPT

July 2022

TranscriptPPT

June 2022

TranscriptPPT

Feb 2022

PPT

Dec 2021

PPT

Nov 2021

PPT

Aug 2021

PPT

Jan 2021

PPT

Oct 2020

PPT

Aug 2020

PPT

July 2020

TranscriptPPT

June 2020

TranscriptPPT

May 2020

PPT

FAQs for PB Ratio of Jindal Steel & Power Ltd

What is the PB ratio of Jindal Steel & Power Ltd?

The current PB ratio of Jindal Steel & Power Ltd is 2.36. 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 Steel & Power Ltd stocks?

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

The PB ratio of Jindal Steel & Power 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 Steel & Power Ltd?

A high PB ratio suggests that Jindal Steel & Power 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 Steel & Power Ltd?

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

Can Jindal Steel & Power Ltd PB Ratio change over time?

Yes, the PB ratio of Jindal Steel & Power 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*