JINDAL SAW
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The Current P/B Ratio of JINDAL SAW is 1.89.
Share Price | ₹296.8 | Dec 26,2024 |
Market Cap | ₹18,980.4 Cr | |
Book Value | ₹10,034.8 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.89x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JINDAL SAW
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹18,980.4 Cr] as on Dec 26,2024
(/) Book Value [ ₹10,034.8 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.89x ]
Thus, for JINDAL SAW , the investors are currently willing to pay '1.89 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 JINDAL SAW !
The chart below summarizes the trend in P/B Ratio of JINDAL SAW over the last five years.
Historical PB (Price/Book ) ratio chart of JINDAL SAW
PB Ratio Performance Analysis for JINDAL SAW
- JINDAL SAW 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.58x.
- JINDAL SAW 's operated at median p/b ratio of 0.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL SAW 's p/b ratio peaked in Mar2024 at 1.38x.
- JINDAL SAW 's p/b ratio hit its five-year low in Mar2020 of 0.22x.
How does JINDAL SAW 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JINDAL SAW | 10,034.80 | 1.89 | 18,980.4 |
JSW STEEL LTD | 77,223.00 | 2.90 | 223,637.0 |
TATA STEEL LTD | 92,035.80 | 1.90 | 175,205.0 |
JINDAL STAINLESS LTD | 14,348.40 | 4.21 | 60,361.7 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.85 | 48,575.0 |
APL APOLLO TUBES LTD | 3,604.62 | 11.52 | 41,508.0 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 15.37 | 25,766.2 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 7.33 | 23,022.8 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.12 | 20,559.5 |
WELSPUN CORP LTD | 5,596.02 | 3.74 | 20,938.1 |
MAHARASHTRA SEAMLESS LTD | 5,730.70 | 1.65 | 9,450.3 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs JINDAL SAW 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.85x |
Max industry PB | 15.37x |
Median industry PB | 2.90x |
Average industry PB | 4.86x |
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