Jindal Steel & Power
JINDALSTEL.NS
#1421
Rank
$12.22 B
Marketcap
$12.20
Share price
1.02%
Change (1 day)
92.07%
Change (1 year)

Jindal Steel & Power (JINDALSTEL.NS) - P/B ratio

P/B ratio as of May 2024 : 2.40

According to Jindal Steel & Power 's latest financial reports the company has a price-to-book ratio of 2.40.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Jindal Steel & Power - P/B ratio (from 2012 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-311.8219.14%
2022-12-311.5333.26%
2021-12-311.1514.65%
2020-12-311.0087.03%
2019-12-310.5353-1.27%
2018-12-310.5422-14.77%
2017-12-310.6361219.89%
2016-12-310.1989-52.91%
2015-12-310.4222-23.43%
2014-12-310.5514-48.31%
2013-12-311.07-46.99%
2012-12-312.01