Home > PB Ratio > JSW STEEL

JSW STEEL
PB (Price/Book ) Ratio

The Current P/B Ratio of JSW STEEL is 3.16.

Share Price ₹998.0Dec 03,2024
Market Cap ₹244,048.7 Cr
Book Value₹77,223.0 CrMar2024 - Consolidated Results
Price/Book 3.16xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for JSW STEEL
Please provide your vote to see the results
JSW STEEL is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of JSW STEEL

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 JSW STEEL is calculated as :

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 ]

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

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 latest p/b ratio is 3.16x.

- 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 ValuePB RatioMarket Cap
JSW STEEL 77,223.003.16244,048.7
TATA STEEL LTD92,035.801.99182,945.0
JINDAL STAINLESS LTD14,348.404.1158,981.9
STEEL AUTHORITY OF INDIA LTD57,101.200.8950,722.9
APL APOLLO TUBES LTD3,604.6211.9743,156.5
MOTHERSON SUMI WIRING INDIA LTD1,676.8016.8028,166.9
RATNAMANI METALS & TUBES LTD3,140.537.5323,655.0
SHYAM METALICS AND ENERGY LTD9,685.182.3923,134.4
WELSPUN CORP LTD5,596.023.6820,618.0
JINDAL SAW LTD10,034.802.0220,269.2
MAHARASHTRA SEAMLESS LTD5,730.701.568,935.1

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs JSW STEEL 's P/B Ratio

Top 10 Industry PeersPB 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