JAI CORP
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The Current P/B Ratio of JAI CORP is 3.51.
Share Price | ₹297.0 | Nov 19,2024 |
Market Cap | ₹5,211.5 Cr | |
Book Value | ₹1,486.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.51x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JAI CORP
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,211.5 Cr] as on Nov 19,2024
(/) Book Value [ ₹1,486.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.51x ]
Thus, for JAI CORP , the investors are currently willing to pay '3.51 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of JAI CORP !
The chart below summarizes the trend in P/B Ratio of JAI CORP over the last five years.
Historical PB (Price/Book ) ratio chart of JAI CORP
PB Ratio Performance Analysis for JAI CORP
- JAI CORP 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.65x.
- JAI CORP 's operated at median p/b ratio of 1.34x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JAI CORP 's p/b ratio peaked in Mar2024 at 3.39x.
- JAI CORP 's p/b ratio hit its five-year low in Mar2020 of 0.69x.
How does JAI CORP 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JAI CORP | 1,486.14 | 3.51 | 5,211.5 |
ASTRAL LTD | 3,186.50 | 14.57 | 46,418.7 |
SUPREME INDUSTRIES LTD | 5,108.83 | 11.56 | 59,062.4 |
FINOLEX INDUSTRIES LTD | 5,634.27 | 2.89 | 16,290.6 |
RESPONSIVE INDUSTRIES LTD | 1,137.06 | 6.02 | 6,842.5 |
PRINCE PIPES AND FITTINGS LTD | 1,544.41 | 3.16 | 4,878.5 |
EPL LTD | 2,054.60 | 4.03 | 8,289.0 |
TIME TECHNOPLAST LTD | 2,552.22 | 3.25 | 8,306.7 |
GARWARE HITECH FILMS LTD | 2,044.80 | 5.29 | 10,810.4 |
JAIN IRRIGATION SYSTEMS LTD | 5,391.74 | 0.81 | 4,378.6 |
MOLDTEK PACKAGING LTD | 594.27 | 3.73 | 2,219.5 |
Plastic Products Industry Benchmark (Top 10) PB Analysis vs JAI CORP 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.81x |
Max industry PB | 14.57x |
Median industry PB | 3.73x |
Average industry PB | 5.35x |
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