According to Jindal Stainless (Hisar) 's latest financial reports the company has a price-to-book ratio of 2.39.
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.
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 |