Jindal Stainless (Hisar) (JSLHISAR.NS)

P/B ratio as of October 2024 : 2.37

According to Jindal Stainless (Hisar) 's latest financial reports the company has a price-to-book ratio of 2.37.
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 (Hisar) - P/B ratio (from 2019 to 2022)

P/B ratio by year

Year	P/B ratio	Change
2022-12-31	1.85	-13.22%
2021-12-31	2.13	50.21%
2020-12-31	1.42	69.97%
2019-12-31	0.8357

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 (Hisar) (JSLHISAR.NS) - P/B ratio