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JTL INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of JTL INDUSTRIES is 7.15.

Share Price ₹98.5Jan 02,2025
Market Cap ₹3,870.9 Cr
Book Value₹541.2 CrMar2024 - Consolidated Results
Price/Book 7.15xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JTL 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 JTL INDUSTRIES is calculated as :

Current Market Cap [ ₹3,870.9 Cr] as on Jan 02,2025

(/) Book Value [ ₹541.2 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 7.15x ]

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

Thus, for JTL INDUSTRIES , the investors are currently willing to pay '7.15 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 JTL INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of JTL INDUSTRIES


PB Ratio Performance Analysis for JTL INDUSTRIES

- JTL INDUSTRIES 's latest p/b ratio is 7.15x.

- JTL INDUSTRIES 's p/b ratio for fiscal years ending Mar2024 to Mar2021 averaged 7.19x.

- JTL INDUSTRIES 's operated at median p/b ratio of 7.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, JTL INDUSTRIES 's p/b ratio peaked in Mar2023 at 8.61x.

- JTL INDUSTRIES 's p/b ratio hit its five-year low in Mar2024 of 6.01x.


How does JTL 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
JTL INDUSTRIES 541.177.153,870.9
JSW STEEL LTD77,223.002.89223,123.0
TATA STEEL LTD92,035.801.87172,459.0
JINDAL STAINLESS LTD14,348.403.9356,382.9
STEEL AUTHORITY OF INDIA LTD57,101.200.8347,108.6
APL APOLLO TUBES LTD3,604.6212.2144,023.7
MOTHERSON SUMI WIRING INDIA LTD1,676.8015.8226,526.7
RATNAMANI METALS & TUBES LTD3,140.537.1422,425.2
SHYAM METALICS AND ENERGY LTD9,685.182.1420,690.7
WELSPUN CORP LTD5,596.023.8421,489.0
JINDAL SAW LTD10,034.801.8118,174.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.83x
Max industry PB 15.82x
Median industry PB 3.84x
Average industry PB 5.42x



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