Jindal Stainless P/B Ratio

JSL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.82
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.82
Current Price ₹865.65
Book Value/Share ₹1012.61
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹16,708 Cr
Share Capital ₹165 Cr
Reserves & Surplus ₹16,523 Cr
Outstanding Shares 165,000,000
Book Value per Share ₹1012.61

Valuation Signal

Signal Overvalued
Historical Avg 0.65
Historical Range 0.25 - 0.83
Percentile 100.0%

Sector Context

Sector Average -0.04
Sector Median 1.1
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Jindal Stainless

  • Stock appears overvalued with PB of 3.82, 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 484.1% above historical average
  • Trading at premium to sector average PB of -0.04

View the current stock price of Jindal Stainless for more insights.

P/B Ratio Historical Trend for Jindal Stainless

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.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.83 ₹1012.61 ₹839.25 ₹16,708 Low
2024 0.8 ₹871.21 ₹699.20 ₹14,375 Low
2023 0.79 ₹725.33 ₹572.10 ₹11,968 Low
2022 0.25 ₹941.9 ₹239.15 ₹9,890 Low
2021 0.6 ₹331.75 ₹198.20 ₹3,218 Low

Sector P/B Ratio Comparison

Comparing Jindal Stainless with other companies in Metals & Mining sector
Sector Average
-0.04
Sector Median
1.1
Lowest P/B
-58.42
Highest P/B
2.3
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Orissa Minerals Developm… ORISSAMINE -58.42 ₹3,102 Low
Bihar Sponge Iron BIHSPONG -1.31 ₹106 Low
Chrome Silicon CHROME -0.67 ₹75 Low
VISA Steel VISASTEEL -0.45 ₹608 Low
Impex Ferro Tech IMPEXFERRO -0.05 ₹16 Low
Ashoka Metcast ASHOKAMET 0.36 ₹39 Low
Utique Enterprises UTIQUE 0.37 ₹27 Low
Golkonda Aluminium GOLKONDA 0.47 ₹4 Low
Scan Steels SCANSTL 0.48 ₹209 Low
Facor Alloys FACORALL 0.55 ₹56 Low