Jindal Poly Films (JINDALPOLY.NS)

P/B ratio as of November 2024 : 0.8321

According to Jindal Poly Films 's latest financial reports the company has a price-to-book ratio of 0.817872.
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	-7.53%
2022-12-31	0.7400	-49.13%
2021-12-31	1.45	60.71%
2020-12-31	0.9051	135.14%
2019-12-31	0.3849	0.5%
2018-12-31	0.3830	-32.57%
2017-12-31	0.5680	35.25%
2016-12-31	0.4199

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