Jindal Stainless P/B Ratio

Current P/B Ratio
3.19
High Valuation
High - Premium to book value, growth expectations or asset-light model

Jindal Stainless (JSL) P/B ratio is 3.19 (High), book value per share ₹1204.97 vs Metals & Mining average P/B of 0.05 — High - Premium to book value, growth expectations or asset-light model. For live price, earnings yield and the full fundamental profile, see JSL stock price BSE.

Current Valuation Metrics

P/B Ratio 3.19
Current Price ₹750.95
Book Value/Share ₹1204.97
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹19,882 Cr
Share Capital ₹165 Cr
Reserves & Surplus ₹19,553 Cr
Outstanding Shares 165,000,000
Book Value per Share ₹1204.97

Valuation Signal

Signal Overvalued
Historical Avg 0.66
Historical Range 0.25 - 0.83
Percentile 100.0%

Sector Context

Sector Average 0.05
Sector Median 0.89
Sector Rank #11 of 50
Sector Percentile 22.0%

JSL P/B Ratio — Valuation Insights & Book Value Analysis

Jindal Stainless price-to-book ratio interpretation, valuation status and historical context — current P/B 3.19 (High). Explore JSL true value to estimate fundamental worth using multiple valuation models.

  • Stock appears overvalued with PB of 3.19, 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 384.8% above historical average
  • Trading at premium to sector average PB of 0.05

Jindal Stainless P/B Ratio Historical Trend

JSL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Read JSL dividend growth for the complete payout history and dividend yield track record.

JSL Historical P/B Ratio — Book Value Per Share & Year-End Price

Jindal Stainless annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2026 0.62 ₹1204.97 ₹750.95 ₹19,882 Low
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

JSL vs Metals & Mining Peers — P/B Ratio Comparison

Jindal Stainless P/B 3.19 vs Metals & Mining average 0.05, median 0.89 — range -42.35–2.19.

Sector Average
0.05
Sector Median
0.89
Lowest P/B
-42.35
Highest P/B
2.19
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Orissa Minerals Developm… ORISSAMINE -42.35 ₹2,309 Low
Bihar Sponge Iron BIHSPONG -1.9 ₹119 Low
VISA Steel VISASTEEL -0.59 ₹616 Low
Chrome Silicon CHROME -0.58 ₹70 Low
Impex Ferro Tech IMPEXFERRO -0.14 ₹46 Low
Ankit Metal & Power ANKITMETAL -0.02 ₹23 Low
Ashoka Metcast ASHOKAMET 0.29 ₹38 Low
Utique Enterprises UTIQUE 0.3 ₹21 Low
QVC Exports QVCEL 0.39 ₹24 Low
Golkonda Aluminium GOLKONDA 0.44 ₹4 Low