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Jindal Stainless (LUX:JSLL) Market Cap : $2,841 Mil (As of May. 29, 2024)


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What is Jindal Stainless Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Jindal Stainless's share price for the quarter that ended in Mar. 2024 was $0. Jindal Stainless's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 412 Mil. Therefore, Jindal Stainless's market cap for the quarter that ended in Mar. 2024 was $0 Mil.

Jindal Stainless's annual market cap increased from Mar. 2022 ($1,406 Mil) to Mar. 2023 ($2,903 Mil) but then declined from Mar. 2023 ($2,903 Mil) to Mar. 2024 ($0 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Jindal Stainless's Enterprise Value for Today is $3,254 Mil.


Jindal Stainless Market Cap Historical Data

The historical data trend for Jindal Stainless's Market Cap 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.

* Premium members only.

Jindal Stainless Market Cap Chart

Jindal Stainless Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.91 450.69 1,405.70 2,902.60 -

Jindal Stainless Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 2,902.60 - - - -

Competitive Comparison of Jindal Stainless's Market Cap

For the Steel subindustry, Jindal Stainless's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Steel Industry

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

* The bar in red indicates where Jindal Stainless's Market Cap falls into.



Jindal Stainless Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Jindal Stainless's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=$0*411.717
=$

Jindal Stainless's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$0*411.717
=$0

* 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  (LUX:JSLL) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Jindal Stainless Market Cap Related Terms

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Jindal Stainless (LUX:JSLL) Business Description

Traded in Other Exchanges
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 most of the revenue from the sale of steel products.

Jindal Stainless (LUX:JSLL) Headlines

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