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PB Ratio of Jk Tyre & Industries Ltd

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JK Tyre & Industries Ltd

NSE: JKTYRE

PB Ratio

1.8

Last updated on: Apr 17, 2025

Key Highlights

  • The latest PB Ratio of JK Tyre & Industries Ltd is 1.8.
  • The PB ratio of the JK Tyre & 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 JK Tyre & Industries Ltd changed from 0.4 on March 2020 to 2.6 on March 2024 . This represents a CAGR of 45.41% over 5 years.

Historical P/B Ratio of JK Tyre & Industries Ltd

No data available

Company Fundamentals for JK Tyre & Industries Ltd

Market Cap

8,415 Cr

EPS

22.1

P/E Ratio (TTM)

13.9

P/B Ratio (TTM)

1.8

Day’s High

309.7

Day’s Low

300.75

DTE

1.1

ROE

15.7

52 Week High

510.9

52 Week Low

231.65

ROCE

14.1

Market Price of JK Tyre & Industries Ltd

1M

1Y

3Y

5Y

Monitoring JK Tyre & 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
17 Apr 2025307.1
16 Apr 2025303.4
15 Apr 2025301.05
11 Apr 2025283.9
09 Apr 2025272.05
08 Apr 2025272.85
07 Apr 2025264.65
04 Apr 2025278.75
03 Apr 2025292.85
02 Apr 2025288.1

SWOT Analysis Of JK Tyre & Industries Ltd

Strength

2

che

Weakness

3

che

Opportunity

0

che

Threats

0

che

BlinkX Score for JK Tyre & Industries Ltd

Asset Value vs Market Value of JK Tyre & Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of JK Tyre & Industries Ltd Explained

8415

Market cap

172

Book Value per Share

1.8X

PB Ratio

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 JK Tyre & Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of JK Tyre & Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

JK Tyre & Industries Ltd News Hub

Board of JK Tyre & Industries approves investment in a renewable power company

The Board of JK Tyre & Industries at its meeting held on 21 August 2024 has approved an investment o

Read more

21 Aug 24

JK Tyre & Industries consolidated net profit rises 37.41% in the June 2024 quarter

Net profit of JK Tyre & Industries rose 37.41% to Rs 211.44 crore in the quarter ended June 2024 as

Read more

03 Aug 24

Board of JK Tyre & Industries approves draft scheme of amalgamation

The Board of JK Tyre & Industries at its meeting held on 16 September 2024 has approved the draft Sc

Read more

16 Sept 24

JK Tyre & Industries allots 1.32 cr equity shares on conversion of debentures

JK Tyre & Industries has allotted 1,32,96,398 equity shares of face value of Rs 2 each on conversion

Read more

16 Sept 24

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

Nov 2024

Transcript

Aug 2024

PPT

Feb 2024

PPT

May 2023

PPT

Feb 2023

PPT

Nov 2022

PPT

Aug 2022

PPT

May 2022

PPT

Jan 2021

Transcript

FAQs for PB Ratio of JK Tyre & Industries Ltd

What is the PB ratio of JK Tyre & Industries Ltd?

The current PB ratio of JK Tyre & Industries Ltd is 1.79. 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 JK Tyre & Industries Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for JK Tyre & 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 JK Tyre & Industries Ltd calculated?

The PB ratio of JK Tyre & 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 JK Tyre & Industries Ltd?

A high PB ratio suggests that JK Tyre & 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 JK Tyre & Industries Ltd?

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

Can JK Tyre & Industries Ltd PB Ratio change over time?

Yes, the PB ratio of JK Tyre & 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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