Jayaswal Neco Industries P/B Ratio
JAYNECOIND • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.43
High Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
3.43
Current Price
₹83.43
Book Value/Share
₹33.19
Exchange
NSE
Book Value Breakdown (2016)
Balance Sheet Components
Total Equity
₹2,121 Cr
Share Capital
₹639 Cr
Reserves & Surplus
₹1,482 Cr
Outstanding Shares
639,000,000
Book Value per Share
₹33.19
Valuation Signal
Signal
Overvalued
Historical Avg
0.24
Historical Range
0.21 - 0.28
Percentile
100.0%
Sector Context
Sector Average
-1.93
Sector Median
-0.4
Sector Rank
#11 of 50
Sector Percentile
22.0%
Key P/B Ratio Insights for Jayaswal Neco Industries
- Stock appears overvalued with PB of 3.43, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 1300.0% above historical average
- Trading at premium to sector average PB of -1.93
View the current stock price of Jayaswal Neco Industries for more insights.
P/B Ratio Historical Trend for Jayaswal Neco Industries
Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.
Related Pages for Jayaswal Neco Industries
Additional stock information and data for JAYNECOIND
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2016 | 0.21 | ₹33.19 | ₹6.95 | ₹2,121 | Low |
| 2015 | 0.28 | ₹34.65 | ₹9.85 | ₹2,214 | Low |
Sector P/B Ratio Comparison
Comparing Jayaswal Neco Industries with other companies in Industrial Products sector
Sector Average
-1.93
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.45
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -16.74 | ₹4 | Low |
| Cochin Malabar Estates | COCHMAL | -13.94 | ₹26 | Low |
| Shah Alloys | SHAHALLOYS | -13.51 | ₹135 | Low |
| Electrotherm | ELECTHERM | -6.88 | ₹1,160 | Low |
| Heera Ispat | HEERAISP | -5.91 | ₹5 | Low |
| TPINDIA | TPINDIA | -4.91 | ₹69 | Low |
| Mahip Industries | MAHIP | -4.28 | ₹7 | Low |
| Nova Iron & Steel | NOVIS | -4.16 | ₹49 | Low |
| Promact Impex | PROMACT | -3.16 | ₹7 | Low |
| Ashiana Ispat | ASHIS | -2.81 | ₹23 | Low |