The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
As Tata Steel and JSW Steel navigate a volatile landscape, both companies are positioning themselves for growth. However, profitability concerns linger.
Tata Steel Limited is an Indian multinational steel-making company, based in Jharkhand’s Jamshedpur and the company’s headquarters are located in Mumbai, Maharashtra. It is a part of the Tata Group.