JSW CementNSE:JSWCEMENT -0.03%12 PB Ratio is 2.73 as of Jun. 26, 2026, which is 1% above its 10-year median of 2.71. GuruFocus rates NSE:JSWCEMENT with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 398 Building Materials companies, JSW Cement ranks worse than 79.15% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-26), JSW Cement's share price is ₹133.55. JSW Cement's Book Value per Share for the quarter that ended in Mar. 2026 was ₹48.84. Hence, JSW Cement's PB Ratio of today is 2.73.
Good Sign:
JSW Cement Ltd stock PB Ratio (=2.63) is close to 1-year low of 2.37.
The historical rank and industry rank for JSW Cement's PB Ratio or its related term are showing as below:
NSE:JSWCEMENT'
s PB Ratio Range Over the Past 10 Years
Min: 2.37 Med: 2.71 Max: 8.87
Current: 2.74
During the past 4 years, JSW Cement's highest PB Ratio was 8.87. The lowest was 2.37. And the median was 2.71.
NSE:JSWCEMENT's PB Ratio is ranked worse than 79.15% of 398
companies
in the Building Materials industry
Industry Median: 1.185
vs NSE:JSWCEMENT: 2.74
During the past 12 months, JSW Cement's average Book Value Per Share Growth Rate was 183.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 42.70% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of JSW Cement was 42.70% per year. The lowest was 42.70% per year. And the median was 42.70% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
JSW Cement PB Ratio Related Terms
JSW Cement PB Ratio Historical Data
* Premium members only.
The historical data trend for JSW Cement's PB Ratio 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.
NSE:JSWCEMENT vs CRH, VMC, MLM: PB Ratio Comparison
For the Building Materials subindustry, JSW Cement'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.
JSW Cement PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, JSW Cement's PB Ratio distribution charts can be found below:
* The bar in red indicates where JSW Cement's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
JSW Cement's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
JSW Cement (NSE:JSWCEMENT) has a PB Ratio of 2.73 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JSW Cement and its competitors. This is near median its historical median of 2.71. Over the past decade, JSW Cement's PB Ratio has ranged from 2.37 to 8.87. According to the industry distribution chart, JSW Cement ranks #315 out of 398 companies in the Building Materials industry, placing it in the top 79.1%.
Is JSW Cement's PB Ratio too high?
JSW Cement's current PB Ratio of 2.73 is near median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 8.87. The Building Materials industry median PB Ratio is 1.19. JSW Cement's value of 2.73 is 130.4% above this industry median. Based on the distribution chart, JSW Cement ranks #315 out of 398 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, JSW Cement has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does JSW Cement's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, JSW Cement ranks #315 out of 398 companies for PB Ratio. This places JSW Cement in the lower half of its industry. The industry median PB Ratio is 1.19. JSW Cement's value of 2.73 is 130.4% above this benchmark. Historically, JSW Cement's own PB Ratio has ranged from 2.37 to 8.87 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 1.19, JSW Cement has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Building Materials company?
The median PB Ratio among Building Materials companies is 1.19, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JSW Cement's current PB Ratio of 2.73 is 130.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JSW Cement and its competitors. For the Building Materials industry, the median PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Cement's current PB Ratio is 2.73, which is near median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Cement stock overvalued right now?
JSW Cement (NSE:JSWCEMENT) has a current PB Ratio of 2.73. The current PB Ratio is 2.73, which is near median its 10-year median of 2.71 and 130.4% above the Building Materials industry median of 1.19. JSW Cement's overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For JSW Cement (NSE:JSWCEMENT), the current PB Ratio is 2.73 as of Jun. 26, 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.
JSW Cement Ltd is a cement company based in India. Its products include: Cement, additives, plaster, aggregates, ready-mix concrete, cementitious materials.
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