Jindal Stainless (JSL.NS)

P/B ratio as of September 2024 : 4.18

According to Jindal Stainless's latest financial reports the company has a price-to-book ratio of 4.18.
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 Stainless - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.56	64.43%
2022-12-31	2.16	-29.04%
2021-12-31	3.05	125.7%
2020-12-31	1.35	97.55%
2019-12-31	0.6841
2014-12-31	10.5	2223.04%
2013-12-31	0.4533	25.89%
2012-12-31	0.3601

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Jindal Stainless (JSL.NS) - P/B ratio