Jindal Stainless Limited Stock Book Value Per Share

JSL Stock   719.80  21.20  2.86%   
Jindal Stainless Limited fundamentals help investors to digest information that contributes to Jindal Stainless' financial success or failures. It also enables traders to predict the movement of Jindal Stock. The fundamental analysis module provides a way to measure Jindal Stainless' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Jindal Stainless stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Jindal Stainless Limited Company Book Value Per Share Analysis

Jindal Stainless' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Jindal Stainless Book Value Per Share

    
  187.67 X  
Most of Jindal Stainless' fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Jindal Stainless Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Jindal Common Stock Shares Outstanding

Common Stock Shares Outstanding

624.9 Million

At present, Jindal Stainless' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of Jindal Stainless Limited is about 187 times. This is 62.7% lower than that of the Metals & Mining sector and 98.77% lower than that of the Materials industry. The book value per share for all India stocks is 90.28% higher than that of the company.

Jindal Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jindal Stainless' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Jindal Stainless could also be used in its relative valuation, which is a method of valuing Jindal Stainless by comparing valuation metrics of similar companies.
Jindal Stainless is currently under evaluation in book value per share category among its peers.

Jindal Fundamentals

About Jindal Stainless Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Jindal Stainless Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jindal Stainless using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jindal Stainless Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Jindal Stock

Jindal Stainless financial ratios help investors to determine whether Jindal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jindal with respect to the benefits of owning Jindal Stainless security.