JTEKT India Limited manufactures and sells steering systems and other auto components for the passenger car and utility vehicle manufacturers in the automobile sector in India. The company offers steering gears, columns and RPS assemblies, axle assemblies, and other auto ancillaries. It also exports its precision products to the United States, Europe, and Japan. The company was formerly known as Sona Koyo Steering Systems Limited and changed its name to JTEKT India Limited in April 2018. The company was incorporated in 1984 and is headquartered in Gurugram, India. JTEKT India Limited is a subsidiary of JTEKT Corporation.
P/B ratio for JTEKT India Limited (JTEKTINDIA.NS)
P/B ratio as of 2023: 5.44
According to JTEKT India Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.44. At the end of 2022 the company had a P/B ratio of 3.61.
P/B ratio history for JTEKT India Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 5.44 |
| 2022 | 3.61 |
| 2021 | 2.86 |
| 2020 | 3.44 |
| 2019 | 1.62 |
| 2018 | 4.55 |
| 2017 | 5.57 |
| 2016 | 4.23 |
| 2015 | 2.64 |
| 2014 | 3.09 |
| 2013 | 1.36 |
| 2012 | 0.76 |
| 2011 | 0.94 |
| 2010 | 1.58 |
| 2009 | 2.09 |
| 2008 | 0.92 |
| 2007 | 2.33 |
| 2006 | 3.29 |