JSW STEEL
|
The Current P/B Ratio of JSW STEEL is 3.16.
Share Price | ₹998.0 | Dec 03,2024 |
Market Cap | ₹244,048.7 Cr | |
Book Value | ₹77,223.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.16x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JSW STEEL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹244,048.7 Cr] as on Dec 03,2024
(/) Book Value [ ₹77,223.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.16x ]
Thus, for JSW STEEL , the investors are currently willing to pay '3.16 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 JSW STEEL !
The chart below summarizes the trend in P/B Ratio of JSW STEEL over the last five years.
Historical PB (Price/Book ) ratio chart of JSW STEEL
PB Ratio Performance Analysis for JSW STEEL
- JSW STEEL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.25x.
- JSW STEEL 's operated at median p/b ratio of 2.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JSW STEEL 's p/b ratio peaked in Mar2024 at 2.63x.
- JSW STEEL 's p/b ratio hit its five-year low in Mar2020 of 0.97x.
How does JSW STEEL '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 |
---|---|---|---|
JSW STEEL | 77,223.00 | 3.16 | 244,048.7 |
TATA STEEL LTD | 92,035.80 | 1.99 | 182,945.0 |
JINDAL STAINLESS LTD | 14,348.40 | 4.11 | 58,981.9 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.89 | 50,722.9 |
APL APOLLO TUBES LTD | 3,604.62 | 11.97 | 43,156.5 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 16.80 | 28,166.9 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 7.53 | 23,655.0 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.39 | 23,134.4 |
WELSPUN CORP LTD | 5,596.02 | 3.68 | 20,618.0 |
JINDAL SAW LTD | 10,034.80 | 2.02 | 20,269.2 |
MAHARASHTRA SEAMLESS LTD | 5,730.70 | 1.56 | 8,935.1 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs JSW STEEL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.89x |
Max industry PB | 16.80x |
Median industry PB | 3.16x |
Average industry PB | 5.10x |
You may also like the below Video Courses