JSW Steel (BOM:500228) Price-to-Tangible-Book : (As of Apr. 30, 2024)

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What is JSW Steel Price-to-Tangible-Book?

As of today (2024-04-30), JSW Steel's share price is ₹896.00. JSW Steel's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, JSW Steel's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for JSW Steel's Price-to-Tangible-Book or its related term are showing as below:

BOM:500228' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.99 Med: 2.13 Max: 3.07
Current: 3.07

During the past 13 years, JSW Steel's highest Price to Tangible Book Ratio was 3.07. The lowest was 0.99. And the median was 2.13.

BOM:500228's Price-to-Tangible-Book is ranked worse than
83.72% of 602 companies
in the Steel industry
Industry Median: 1.05 vs BOM:500228: 3.07

A closely related ratio is called PB Ratio. As of today, JSW Steel's share price is ₹896.00. JSW Steel's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, JSW Steel's P/B Ratio of today is .

JSW Steel Price-to-Tangible-Book Historical Data

The historical data trend for JSW Steel's Price-to-Tangible-Book 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.

JSW Steel Price-to-Tangible-Book Chart

JSW Steel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.11

0.99

2.59

2.70

2.61

JSW Steel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	2.61	-	2.67	-

Competitive Comparison of JSW Steel's Price-to-Tangible-Book

For the Steel subindustry, JSW Steel's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Steel's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JSW Steel's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JSW Steel's Price-to-Tangible-Book falls into.

JSW Steel Price-to-Tangible-Book Calculation

JSW Steel's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	896.00	/	0
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

JSW Steel Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of JSW Steel's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

JSW Steel (BOM:500228) Business Description

Industry

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JSWSTEEL:India

Address

JSW Centre, Bandra Kurla Complex, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.jsw.in

JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products, which account for the second-largest share of the company's steel volume, are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.

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