Jindal Stainless Limited manufactures and sells stainless steel products in India and internationally. The company provides ferro alloys, stainless steel slabs, hot rolled coils, plates and sheets, and cold rolled coils and sheets. Its products are used in automobile, railway and transport, architecture, building and construction, chemical and petrochemical, capital goods, consumer durables, nuclear, precision strip and blade steel, coin blanks, plumbing, and process markets. The company was founded in 1970 and is based in New Delhi, India.
P/B ratio for Jindal Stainless Limited (JSL.NS)
P/B ratio as of 2023: 4.13
According to Jindal Stainless Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.13. At the end of 2022 the company had a P/B ratio of 2.00.
P/B ratio history for Jindal Stainless Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.13 |
| 2022 | 2.00 |
| 2021 | 3.11 |
| 2020 | 1.06 |
| 2019 | 0.45 |
| 2018 | 1.01 |
| 2017 | 2.12 |
| 2016 | 1.97 |
| 2015 | -5.73 |
| 2014 | 3.58 |
| 2013 | 11.95 |
| 2012 | 0.83 |
| 2011 | 0.78 |
| 2010 | 0.77 |
| 2009 | 1.18 |
| 2008 | 0.64 |
| 2007 | 1.60 |
| 2006 | 1.81 |