Jindal Steel & Power (BOM:532286) 3-Year Book Growth Rate : 12.30% (As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Jindal Steel & Power 3-Year Book Growth Rate?

Jindal Steel & Power's Book Value per Share for the quarter that ended in Mar. 2024 was ₹442.09.

During the past 12 months, Jindal Steel & Power's average Book Value per Share Growth Rate was 16.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 12.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 2.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Jindal Steel & Power was 59.20% per year. The lowest was -7.90% per year. And the median was 14.15% per year.

Competitive Comparison of Jindal Steel & Power's 3-Year Book Growth Rate

For the Steel subindustry, Jindal Steel & Power's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Jindal Steel & Power's 3-Year Book Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jindal Steel & Power's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Jindal Steel & Power's 3-Year Book Growth Rate falls into.

Jindal Steel & Power 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Jindal Steel & Power (BOM:532286) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Jindal Steel & Power 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Jindal Steel & Power's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Jindal Steel & Power (BOM:532286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jindal Steel & Power Ltd (BOM:532286) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

JINDALSTEL:India

Address

Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110 066

Website

https://www.jindalsteelpower.com

Jindal Steel & Power Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors. The iron and steel segment is the company's largest segment, representing the majority of the company's sales. Jindal Steel and Power's iron and steel segment manufacture a wide range of steel products that find applications in railway, road, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Jindal Steel and Power's power segment operates power plants and transmission lines. The company generates most of its revenue from the Indian domestic market.

Jindal Steel & Power (BOM:532286) Headlines

No Headlines