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Jtl Industries Ltd PB Ratio

Jtl Industries Ltd PB Ratio

stocks purchased

₹ 0.6 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

27.6 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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JTL Industries Ltd

NSE: JTLIND

PB

3.3

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of JTL Industries Ltd is 3.3 as of 07 Nov 24.
  • The P/B Ratio of JTL Industries Ltd changed from 7.8 on March 2022 to 4.2 on March 2024 . This represents a CAGR of -18.64% over 3 years. .

Historical P/B Ratio of JTL Industries Ltd

No data available

Company Fundamentals for JTL Industries Ltd

Market Cap

3,939 Cr

EPS

6.1

P/E Ratio (TTM) *

33.8

P/B Ratio (TTM) *

3.3

Day’s High *

210.0

Day’s Low

203.4

DTE *

0.0

ROE *

9.8

52 Week High

276.6

52 Week Low

167.1

ROCE *

12.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring JTL 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
07 Nov 2024206.25
06 Nov 2024208
05 Nov 2024199.55
04 Nov 2024200.4
01 Nov 2024203.2
31 Oct 2024196.55
30 Oct 2024207.65
29 Oct 2024200.7
28 Oct 2024194.3
25 Oct 2024188.65

SWOT Analysis Of JTL Industries Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for JTL Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of JTL Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
JTL Industries Ltd33,939
JSW Steel Ltd3192,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd47596,602
Tube Investments of India Ltd22077,000
Jindal Stainless Ltd17859,514

Key Valuation Metric of JTL Industries Ltd

Share Price

₹206

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 JTL Industries Ltd

No data available

* All values are in crore

Historical Revenue of JTL Industries Ltd

No data available

* All values are in crore

Historical EBITDA of JTL Industries Ltd

No data available

* All values are in crore

Historical Net Profit of JTL Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

JTL Industries Ltd News Hub

News

JTL Industries schedules board meeting

JTL Industries will hold a meeting of the Board of Directors of the Company on 30 October ...

Read more

26 Oct 202415:55

News

JTL Industries receives ratings action from Infomerics Valuation and Rating

JTL Industries announced that Infomerics Valuation and Rating has assigned the rating IVR ...

Read more

23 Oct 202419:25

News

JTL Industries to hold EGM

JTL Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will ...

Read more

04 Oct 202409:53

News

JTL Industries to hold board meeting

JTL Industries will hold a meeting of the Board of Directors of the Company on 3 October 2...

Read more

24 Sep 202414:35

News

JTL Inds rallies after board to mull bonus issue, stock split proposal on 3rd Oct'24

The company will also consider the proposal to issue bonus shares to equity shareholders a...

Read more

24 Sep 202413:37

News

JTL Industries AGM scheduled

JTL Industries announced that the Annual General Meeting (AGM) of the company will be held...

Read more

24 Aug 202411:19

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of JTL Industries Ltd

What is the PB ratio of JTL Industries Ltd?

The current PB ratio of JTL Industries Ltd is 3.32. 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 JTL Industries Ltd stocks?

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

The PB ratio of JTL 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 JTL Industries Ltd?

A high PB ratio suggests that JTL 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 JTL Industries Ltd?

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

Can JTL Industries Ltd PB Ratio change over time?

Yes, the PB ratio of JTL 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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