JINDAL SAW
|
The Current P/E Ratio of JINDAL SAW is 29.31.
| Share Price | ₹232.3 | Oct 23,2026 |
| Market Cap | ₹14,852.4 Cr | |
| Earnings-TTM | ₹506.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 29.31x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL SAW
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹14,852.4 Cr] as on Oct 23,2026
(/) Earnings [ ₹506.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.31x ]
Thus, for JINDAL SAW , the investors are currently willing to pay 29.31 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of JINDAL SAW !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of JINDAL SAW over the last five years.
Historical PE (Price/Earnings) ratio chart of JINDAL SAW
PE Ratio Performance Analysis for JINDAL SAW
- JINDAL SAW 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 8.06x.
- JINDAL SAW 's operated at median p/e ratio of 7.23x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL SAW 's p/e ratio peaked in Mar2026 at 12.04x.
- JINDAL SAW 's p/e ratio hit its five-year low in Mar2024 of 4.12x.
How does JINDAL SAW 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
| Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| JINDAL SAW | 506.65 | 29.31 | 14,852.4 |
| JSW STEEL LTD | 28,468.00 | 10.20 | 290,275.0 |
| TATA STEEL LTD | 10,878.80 | 19.19 | 208,786.0 |
| STEEL AUTHORITY OF INDIA LTD | 3,894.18 | 17.50 | 68,153.7 |
| JINDAL STAINLESS LTD | 3,267.72 | 17.37 | 56,753.0 |
| APL APOLLO TUBES LTD | 1,229.04 | 45.66 | 56,114.8 |
| WELSPUN CORP LTD | 1,405.08 | 44.90 | 63,093.4 |
| SHYAM METALICS AND ENERGY LTD | 1,120.14 | 28.21 | 31,601.9 |
| GODAWARI POWER AND ISPAT LTD | 799.43 | 16.20 | 12,948.2 |
| SARDA ENERGY & MINERALS LTD | 1,103.05 | 14.17 | 15,628.1 |
| RATNAMANI METALS & TUBES LTD | 514.35 | 31.62 | 16,262.4 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JINDAL SAW 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.20x |
| Max industry PE | 45.66x |
| Median industry PE | 19.19x |
| Average industry PE | 24.94x |
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