Jindal Poly Films (JINDALPOLY.NS)

P/B ratio as of September 2024 : 0.8447

According to Jindal Poly Films 's latest financial reports the company has a price-to-book ratio of 0.8447.
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 Poly Films - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.6842	-7.43%
2022-12-31	0.7392	-49.06%
2021-12-31	1.45	60.67%
2020-12-31	0.9031	133.66%
2019-12-31	0.3865	0.4%
2018-12-31	0.3850	-32.47%
2017-12-31	0.5701	35.65%
2016-12-31	0.4203

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 Poly Films (JINDALPOLY.NS) - P/B ratio