According to Jindal Stainless's latest financial reports the company has a price-to-book ratio of 4.34.
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 |
---|---|---|
2023-12-31 | 3.55 | 63.98% |
2022-12-31 | 2.17 | -29.33% |
2021-12-31 | 3.07 | 126.39% |
2020-12-31 | 1.35 | 98.81% |
2019-12-31 | 0.6812 | |
2014-12-31 | 10.5 | 2217.25% |
2013-12-31 | 0.4534 | 25.92% |
2012-12-31 | 0.3601 |