Jindal Stainless (NSE:JSL) Book Value per Share: ₹240.20 (As of Mar. 2026)

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NSE:JSL Jindal Stainless Ltd NSE:JSL
92 GF Score
Price ₹724.30
GF Value ₹792.05
Valuation Fairly Valued
! 1 Warning Sign
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What is Jindal Stainless Book Value per Share?

Jindal Stainless NSE:JSL +0.04% 92 Book Value per Share is ₹240.20 as of Mar. 2026. GuruFocus rates NSE:JSL with a GF Score™ of 92/100 and a GF Value™ of ₹792.05 (Fairly Valued). The stock has 1 warning sign investors should review.

Jindal Stainless's book value per share for the quarter that ended in Mar. 2026 was ₹240.20.

During the past 12 months, Jindal Stainless's average Book Value Per Share Growth Rate was 18.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 21.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jindal Stainless was 150.80% per year. The lowest was -71.10% per year. And the median was 4.10% per year.

Jindal Stainless's current price is ₹724.30. Its book value per share for the quarter that ended in Mar. 2026 was ₹240.20. Hence, today's PB Ratio of Jindal Stainless is 3.02.

During the past 13 years, the highest P/B Ratio of Jindal Stainless was 4.72. The lowest was 0.44. And the median was 1.94.


Jindal Stainless  (NSE:JSL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Jindal Stainless Book Value per Share Related Terms


Jindal Stainless Book Value per Share Historical Data

* Premium members only.

The historical data trend for Jindal Stainless's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jindal Stainless Book Value per Share Chart

Jindal Stainless Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.93 144.90 174.37 202.61 240.20

Jindal Stainless Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 202.61 0.00 219.49 0.00 240.20

NSE:JSL vs NUE, STLD, RS: Book Value per Share Comparison

For the Steel subindustry, Jindal Stainless's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jindal Stainless PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Jindal Stainless's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jindal Stainless's PB Ratio falls into.


NSE:JSL
92GF Score
Jindal Stainless Ltd NSE:JSL
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindal Stainless Book Value per Share Calculation

Jindal Stainless's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(197,913-0)/824
=240.20

Jindal Stainless's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(197,913-0)/824
=240.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ₹240.20 mean?
Jindal Stainless (NSE:JSL) has a Book Value per Share of ₹240.20 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Jindal Stainless and its competitors.
Is Jindal Stainless' Book Value per Share too high?
Jindal Stainless' current Book Value per Share is ₹240.20. Overall, Jindal Stainless has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jindal Stainless' Book Value per Share compare to NUE and STLD?
Jindal Stainless' Book Value per Share of ₹240.20 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Steel company?
A good Book Value per Share depends on the Steel industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Jindal Stainless and its competitors. Jindal Stainless's current Book Value per Share is ₹240.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Stainless stock overvalued right now?
Based on GuruFocus' analysis, Jindal Stainless (NSE:JSL) is currently considered Fairly Valued. The stock's GF Value™ is ₹792.05, compared to a current price of ₹724.30 — trading 8.6% below its estimated fair value. The current Book Value per Share is ₹240.20. Jindal Stainless' overall GF Score™ is 92/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Jindal Stainless (NSE:JSL), the current Book Value per Share is ₹240.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jindal Stainless (NSE:JSL) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Stainless stock appears to be undervalued. The current stock price of ₹724.30 is trading 8.6% below its estimated GF Value™ of ₹792.05. GuruFocus considers Jindal Stainless to be Fairly Valued.

Key valuation signals for NSE:JSL:

  • Book Value per Share: ₹240.20
  • GF Value™: ₹792.05 vs. price of ₹724.30 (8.6% below fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the NSE:JSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jindal Stainless Business Description

Other Exchanges 532508:India
Address Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives the majority of the revenue from the sale of steel products.
92GF Score

Get the complete analysis for NSE:JSL

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹724.30
Price
₹792.05
GF Value