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JINDAL WORLDWIDE
PB (Price/Book ) Ratio

The Current P/B Ratio of JINDAL WORLDWIDE is 10.32.

Share Price ₹334.6Apr 25,2024
Market Cap ₹6,708.7 Cr
Book Value₹650.0 CrMar2023 - Consolidated Results
Price/Book 10.32xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of JINDAL WORLDWIDE

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 WORLDWIDE is calculated as :

Current Market Cap [ ₹6,708.7 Cr] as on Apr 25,2024

(/) Book Value [ ₹650.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 10.32x ]

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

Thus, for JINDAL WORLDWIDE , the investors are currently willing to pay '10.32 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 WORLDWIDE !

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

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


PB Ratio Performance Analysis for JINDAL WORLDWIDE

- JINDAL WORLDWIDE 's latest p/b ratio is 10.32x.

- JINDAL WORLDWIDE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.69x.

- JINDAL WORLDWIDE 's operated at median p/b ratio of 4.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JINDAL WORLDWIDE 's p/b ratio peaked in Mar2022 at 10.48x.

- JINDAL WORLDWIDE 's p/b ratio hit its five-year low in Mar2020 of 1.71x.


How does JINDAL WORLDWIDE 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
JINDAL WORLDWIDE 649.9810.326,708.7
PAGE INDUSTRIES LTD1,371.0528.9139,641.6
KPR MILL LTD3,706.698.0029,652.4
VEDANT FASHIONS LTD1,392.2216.1622,497.0
SWAN ENERGY LTD2,283.688.4619,330.9
WELSPUN LIVING LTD4,515.813.3415,087.3
ALOK INDUSTRIES LTD-19,775.90-0.6913,699.1
VARDHMAN TEXTILES LTD8,562.771.5613,326.6
ARVIND LTD3,344.492.518,403.6
GARWARE TECHNICAL FIBRES LTD1,016.406.406,504.1
INDO COUNT INDUSTRIES LTD1,792.704.397,876.6

Textile Industry Benchmark (Top 10) PB Analysis vs JINDAL WORLDWIDE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.69x
Max industry PB 28.91x
Median industry PB 6.40x
Average industry PB 8.12x



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