Jindal Stainless P/B Ratio

JSL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.22
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.22
Current Price ₹720.50
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 0.07
Sector Median 0.9
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Jindal Stainless

  • Stock appears overvalued with PB of 3.22, 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 392.4% above historical average
  • Trading at premium to sector average PB of 0.07

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
0.07
Sector Median
0.9
Lowest P/B
-39.63
Highest P/B
2.07
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Orissa Minerals Developm… ORISSAMINE -39.63 ₹2,023 Low
Bihar Sponge Iron BIHSPONG -1.28 ₹105 Low
Chrome Silicon CHROME -0.64 ₹70 Low
VISA Steel VISASTEEL -0.29 ₹399 Low
Impex Ferro Tech IMPEXFERRO -0.04 ₹12 Low
Ankit Metal & Power ANKITMETAL -0.02 ₹20 Low
Utique Enterprises UTIQUE 0.3 ₹22 Low
Ashoka Metcast ASHOKAMET 0.3 ₹33 Low
Facor Alloys FACORALL 0.4 ₹47 Low
Scan Steels SCANSTL 0.4 ₹175 Low