Jindal Steel Power Stock Price To Book
| JINDALSTEL | 889.55 3.25 0.36% |
Jindal Steel Power fundamentals help investors to digest information that contributes to Jindal Steel's financial success or failures. It also enables traders to predict the movement of Jindal Stock. The fundamental analysis module provides a way to measure Jindal Steel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Jindal Steel stock.
Jindal | Price To Book |
Jindal Steel Power Company Price To Book Analysis
Jindal Steel's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Jindal Steel Price To Book | 2.00 X |
Most of Jindal Steel's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Jindal Steel Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Jindal Steel Power has a Price To Book of 2.0029 times. This is 83.56% lower than that of the Metals & Mining sector and 59.21% lower than that of the Materials industry. The price to book for all India stocks is 78.94% higher than that of the company.
Did you try this?
Run Top Crypto Exchanges Now
Top Crypto ExchangesSearch and analyze digital assets across top global cryptocurrency exchanges |
| All Next | Launch Module |
Jindal Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.059 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 1.01 T | ||||
| Shares Outstanding | 1.01 B | ||||
| Shares Owned By Insiders | 63.36 % | ||||
| Shares Owned By Institutions | 22.70 % | ||||
| Price To Book | 2.00 X | ||||
| Price To Sales | 1.81 X | ||||
| Revenue | 500.27 B | ||||
| Gross Profit | 280.3 B | ||||
| EBITDA | 103.57 B | ||||
| Net Income | 59.38 B | ||||
| Cash And Equivalents | 32.94 B | ||||
| Total Debt | 164.72 B | ||||
| Book Value Per Share | 466.87 X | ||||
| Cash Flow From Operations | 60.08 B | ||||
| Earnings Per Share | 55.71 X | ||||
| Target Price | 1070.0 | ||||
| Number Of Employees | 5.94 K | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 903.32 B | ||||
| Total Asset | 787.15 B | ||||
| Retained Earnings | 429.38 B | ||||
| Working Capital | 17.39 B | ||||
| Annual Yield | 0 % | ||||
| Net Asset | 787.15 B |
About Jindal Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jindal Steel Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jindal Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jindal Steel Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Jindal Stock Analysis
When running Jindal Steel's price analysis, check to measure Jindal Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jindal Steel is operating at the current time. Most of Jindal Steel's value examination focuses on studying past and present price action to predict the probability of Jindal Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jindal Steel's price. Additionally, you may evaluate how the addition of Jindal Steel to your portfolios can decrease your overall portfolio volatility.