Home > PB Ratio > JINDAL STAINLESS

JINDAL STAINLESS
PB (Price/Book ) Ratio

The Current P/B Ratio of JINDAL STAINLESS is 3.76.

Share Price ₹760.5Sep 03,2025
Market Cap ₹62,691.5 Cr
Book Value₹16,652.1 CrMar2025 - Consolidated Results
Price/Book 3.76xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for JINDAL STAINLESS
Please provide your vote to see the results
JINDAL STAINLESS is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Best Quarterly Growth Mid Cap Stocks
Best 1M Momentum Mid Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of JINDAL STAINLESS

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 JINDAL STAINLESS is calculated as :

Current Market Cap [ ₹62,691.5 Cr] as on Sep 03,2025

(/) Book Value [ ₹16,652.1 Cr] based on Mar2025 - Consolidated Results

(=) P/B Ratio [ 3.76x ]

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

Thus, for JINDAL STAINLESS , the investors are currently willing to pay '3.76 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 STAINLESS !

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

Historical PB (Price/Book ) ratio chart of JINDAL STAINLESS


PB Ratio Performance Analysis for JINDAL STAINLESS

- JINDAL STAINLESS 's latest p/b ratio is 3.76x.

- JINDAL STAINLESS 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 2.29x.

- JINDAL STAINLESS 's operated at median p/b ratio of 2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JINDAL STAINLESS 's p/b ratio peaked in Mar2024 at 3.99x.

- JINDAL STAINLESS 's p/b ratio hit its five-year low in Mar2021 of 1.04x.


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

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
JINDAL STAINLESS 16,652.103.7662,691.5
JSW STEEL LTD79,083.003.32262,238.0
TATA STEEL LTD91,169.602.30209,472.0
STEEL AUTHORITY OF INDIA LTD58,905.600.9153,593.6
APL APOLLO TUBES LTD4,194.3511.0846,483.2
MOTHERSON SUMI WIRING INDIA LTD1,698.3016.7528,443.2
SHYAM METALICS AND ENERGY LTD10,578.502.4626,061.2
WELSPUN CORP LTD7,427.163.0222,459.3
RATNAMANI METALS & TUBES LTD3,626.934.6416,839.6
SARDA ENERGY & MINERALS LTD6,286.433.2920,688.3
JINDAL SAW LTD11,376.501.1813,404.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.91x
Max industry PB 16.75x
Median industry PB 3.29x
Average industry PB 4.79x



You may also like the below Video Courses