Jindal Stainless Stock Price Analysis and Quick Research Report. Is Jindal Stainless an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Jindal Stainless. 

• PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Jindal Stainless has a PE ratio of 22.6183436787791 which is high and comparatively overvalued.

• Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Jindal Stainless has ROA of 8.9586% which is a bad sign for future performance. (Higher values are always desirable.)

• Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Jindal Stainless has a Current ratio of 1.2097.

• Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Jindal Stainless has a ROE of 18.1645%. (Higher is better)

• Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Jindal Stainless has a Debt to Equity ratio of 0.2694 which means that the company has low proportion of debt in its capital.

• Sales growth: Jindal Stainless has reported revenue growth of 4.7598% which is poor in relation to its growth and performance. 

• Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Jindal Stainless for the current financial year is 9.30150257530298%.

• Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Jindal Stainless is Rs 3 and the yield is 0.3953%.

• Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Jindal Stainless is Rs 33.6541. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Jindal Stainless in Ticker for free. Also, one can get the intrinsic value of Jindal Stainless by using Valuation Calculators, which are available with a Finology ONE subscription. 

Jindal Stainless FAQs

Q1. What is Jindal Stainless share price today?
Ans: The current share price of Jindal Stainless is Rs 761.2.

Q2. What is the market capitalisation of Jindal Stainless?
Ans: Jindal Stainless has a market capitalisation of Rs 62754.81903856 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Jindal Stainless?
Ans: The PE ratio of Jindal Stainless is 22.6183436787791 and the P/B ratio of Jindal Stainless is 3.73477778759065, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Jindal Stainless share?
Ans: The 52-week high share price of Jindal Stainless is Rs 818.95, and the 52-week low share price of Jindal Stainless is Rs 496.6.

Q5. Does Jindal Stainless pay dividends?
Ans: Currently, Jindal Stainless pays dividends. Dividend yield of Jindal Stainless is around 0.3953%.

Q6. What are the face value and book value of Jindal Stainless shares?
Ans: The face value of Jindal Stainless shares is Rs 2, while the book value per share of Jindal Stainless is around Rs 203.814. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Jindal Stainless?
Ans: Jindal Stainless has a total debt of Rs 4353.72 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Jindal Stainless?
Ans: The ROE of Jindal Stainless is 18.1645% and ROCE of Jindal Stainless is 20.8218%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Jindal Stainless a good buy for the long term?
Ans: The Jindal Stainless long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Jindal Stainless undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Jindal Stainless appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Jindal Stainless’s financials?
Ans: You can review Jindal Stainless’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.