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Jindal Steel And Power Ltd
NSE:JINDALSTEL

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Jindal Steel And Power Ltd
NSE:JINDALSTEL
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Price: 1 267.5 INR 1.04% Market Closed
Market Cap: ₹1.3T

P/B

2.6
Current
30%
More Expensive
vs 3-y average of 2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.6
=
Market Cap
₹1.3T
/
Total Equity
₹496.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.6
=
Market Cap
₹1.3T
/
Total Equity
₹496.2B

Valuation Scenarios

Jindal Steel And Power Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2), the stock would be worth ₹973.45 (23% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-36%
Maximum Upside
+25%
Average Downside
6%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.6 ₹1 267.5
0%
3-Year Average 2 ₹973.45
-23%
5-Year Average 1.7 ₹809.72
-36%
Industry Average 2.9 ₹1 390.06
+10%
Country Average 3.3 ₹1 584.95
+25%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

In line with most companies in India
Percentile
40th
Based on 2 820 companies
40th percentile
2.6
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Jindal Steel And Power Ltd
Glance View

In the bustling world of infrastructure and steel production, Jindal Steel and Power Ltd (JSPL) stands as a formidable player, deeply rooted in the dynamic industrial landscape of India. Born from the visionary dreams of industrialists, JSPL evolved from a local outfit into a multi-faceted conglomerate with a significant presence not only in India but globally. The company thrives by unlocking the potential of raw materials, transforming iron ore and coal into steel – an essential commodity that forms the backbone of various industries, including construction, automotive, and engineering. Through its integrated steel plants, JSPL delivers a wide range of products from structurals, plates, and rails to a variety of flat and long steel products, effectively catering to diverse market requirements. The key to JSPL's prosperity lies in its robust vertical integration strategy, controlling its supply chain from mining to manufacturing. This extensive integration ensures efficiency and cost-effectiveness, allowing the company to better manage fluctuations in raw material prices and demand cycles. Alongside steel production, JSPL has ventured into the power generation sector, optimizing its industrial processes with captive power plants which drive down operational costs and bolster energy self-sufficiency. This dual approach not only aligns with sustainable business practices but also supports the company's financial stability, providing a steady stream of revenues through power sales. In essence, JSPL has crafted a business model that merges resourcefulness with innovation, setting a sturdy platform for its continued growth and resilience in a competitive market.

JINDALSTEL Intrinsic Value
1 073.44 INR
Overvaluation 15%
Intrinsic Value
Price ₹1 267.5
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