Home > PB Ratio > JAYASWAL NECO INDUSTRIES

JAYASWAL NECO INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of JAYASWAL NECO INDUSTRIES is 1.70.

Share Price ₹39.7Dec 26,2024
Market Cap ₹3,858.8 Cr
Book Value₹2,263.3 CrMar2024 - Standalone Results
Price/Book 1.70xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for JAYASWAL NECO INDUSTRIES
Please provide your vote to see the results
JAYASWAL NECO INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of JAYASWAL NECO INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of JAYASWAL NECO INDUSTRIES is calculated as :

Current Market Cap [ ₹3,858.8 Cr] as on Dec 26,2024

(/) Book Value [ ₹2,263.3 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 1.70x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for JAYASWAL NECO INDUSTRIES , the investors are currently willing to pay '1.70 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 JAYASWAL NECO INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of JAYASWAL NECO INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of JAYASWAL NECO INDUSTRIES


PB Ratio Performance Analysis for JAYASWAL NECO INDUSTRIES

- JAYASWAL NECO INDUSTRIES 's latest p/b ratio is 1.70x.

- JAYASWAL NECO INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.72x.

- JAYASWAL NECO INDUSTRIES 's operated at median p/b ratio of 1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JAYASWAL NECO INDUSTRIES 's p/b ratio peaked in Mar2024 at 2.06x.

- JAYASWAL NECO INDUSTRIES 's p/b ratio hit its five-year low in Mar2021 of -0.5x.


How does JAYASWAL NECO INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
JAYASWAL NECO INDUSTRIES 2,263.291.703,858.8
JSW STEEL LTD77,223.002.90223,637.0
TATA STEEL LTD92,035.801.90175,205.0
JINDAL STAINLESS LTD14,348.404.2160,361.7
STEEL AUTHORITY OF INDIA LTD57,101.200.8548,575.0
APL APOLLO TUBES LTD3,604.6211.5241,508.0
MOTHERSON SUMI WIRING INDIA LTD1,676.8015.3725,766.2
RATNAMANI METALS & TUBES LTD3,140.537.3323,022.8
SHYAM METALICS AND ENERGY LTD9,685.182.1220,559.5
WELSPUN CORP LTD5,596.023.7420,938.1
JINDAL SAW LTD10,034.801.8918,980.6

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs JAYASWAL NECO INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.85x
Max industry PB 15.37x
Median industry PB 2.90x
Average industry PB 4.87x



You may also like the below Video Courses