Jindal Worldwide (JINDWORLD.NS)

P/B ratio as of November 2024 : 7.77

According to Jindal Worldwide 's latest financial reports the company has a price-to-book ratio of 2.94296.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Jindal Worldwide - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	9.06	-34.82%
2022-12-31	13.9	37.6%
2021-12-31	10.1	241.11%
2020-12-31	2.96	-12.55%
2019-12-31	3.39	-18.13%
2018-12-31	4.14
2013-12-31	1.56	23.61%
2012-12-31	1.26

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Jindal Worldwide (JINDWORLD.NS) - P/B ratio