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JINDAL STEEL & POWER
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL STEEL & POWER is 37.22.

Share Price ₹1,231.7May 15,2026
Market Cap ₹125,645.7 Cr
Earnings-TTM₹3,376.0 CrTTM-Consolidated Results
Price/Earnings37.22xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JINDAL STEEL & POWER

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of JINDAL STEEL & POWER is calculated as :

Current Market Cap [ ₹125,645.7 Cr] as on May 15,2026

(/) Earnings [ ₹3,376.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 37.22x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for JINDAL STEEL & POWER , the investors are currently willing to pay 37.22 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 STEEL & POWER !

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 STEEL & POWER over the last five years.

Historical PE (Price/Earnings) ratio chart of JINDAL STEEL & POWER


PE Ratio Performance Analysis for JINDAL STEEL & POWER

- JINDAL STEEL & POWER 's latest p/e ratio is 37.22x.

- JINDAL STEEL & POWER 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 16.55x.

- JINDAL STEEL & POWER 's operated at median p/e ratio of 14.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JINDAL STEEL & POWER 's p/e ratio peaked in Mar2025 at 32.82x.

- JINDAL STEEL & POWER 's p/e ratio hit its five-year low in Mar2022 of 8.64x.


How does JINDAL STEEL & POWER 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?

Peer Comparison (Steel/Sponge Iron/Pig Iron Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JINDAL STEEL & POWER 3,376.0037.22125,645.7
LLOYDS METALS & ENERGY LTD3,808.0325.6397,603.8
JAI BALAJI INDUSTRIES LTD292.9323.927,006.1
STEEL EXCHANGE INDIA LTD19.3868.111,320.2
SURAJ PRODUCTS LTD16.0816.02257.5
SAL STEEL LTD-5.29-165.29874.4
VASWANI INDUSTRIES LTD0.84218.01182.3
KIC METALIKS LTD-4.78-25.56122.2
BIHAR SPONGE IRON LTD13.439.08122.0

Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs JINDAL STEEL & POWER 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -165.29x
Max industry PE 218.01x
Median industry PE 23.92x
Average industry PE 23.02x



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