Jtekt P/B Ratio

JTEKTINDIA • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.97
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.97
Current Price ₹159.71
Book Value/Share ₹305.83
Exchange NSE

Book Value Breakdown (2023)

Balance Sheet Components
Total Equity ₹734 Cr
Share Capital ₹24 Cr
Reserves & Surplus ₹678 Cr
Outstanding Shares 24,000,000
Book Value per Share ₹305.83

Valuation Signal

Signal Overvalued
Historical Avg 0.41
Historical Range 0.33 - 0.54
Percentile 100.0%

Sector Context

Sector Average 0.84
Sector Median 0.97
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Jtekt

  • Stock appears overvalued with PB of 3.97, 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 858.9% above historical average
  • Trading at premium to sector average PB of 0.84

View the current stock price of Jtekt for more insights.

P/B Ratio Historical Trend for Jtekt

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
2023 0.51 ₹305.83 ₹155.30 ₹734 Low
2022 0.54 ₹275.42 ₹147.67 ₹661 Low
2021 0.35 ₹260.0 ₹90.83 ₹624 Low
2020 0.33 ₹259.17 ₹85.99 ₹622 Low
2019 0.34 ₹257.08 ₹87.46 ₹617 Low

Sector P/B Ratio Comparison

Comparing Jtekt with other companies in Automobiles sector
Sector Average
0.84
Sector Median
0.97
Lowest P/B
-3.96
Highest P/B
1.83
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Innovative Tyre & Tube Lt ITTL -3.96 ₹95 Low
Setco Automotive SETCO -0.27 ₹210 Low
India Radiators INRADIA -0.2 ₹1 Low
Spectra Industries SPECTRA -0.05 ₹3 Low
Kairosoft AI Solutions VOLKAI 0.13 ₹5 Low
Nirbhay Colours NIRBHAYIND 0.15 ₹0 Low
Lakshmi Precision Screws LAKPRE 0.26 ₹5 Low
Precision Metaliks PRECISION 0.33 ₹29 Low
Rasandik Engineering Ind… RASANDIK 0.4 ₹35 Low
India Motor Parts & Acce… IMPAL 0.52 ₹1,295 Low