| JINDAL STEEL & POWER  | 
The Current P/E Ratio of JINDAL STEEL & POWER  is 39.13.
                
| Share Price | ₹1,069.4 | Oct 30,2025 | 
| Market Cap | ₹109,084.4 Cr | |
| Earnings-TTM | ₹2,787.5 Cr | TTM-Consolidated Results | 
| Price/Earnings | 39.13x | Calculated as Market Cap/Earnings | 
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL STEEL & POWER
                    P/E = 
                    Market Capitalization 
                    / Net Income 
                    
                    or, using per-share numbers:
                    
                    P/E = Stock Price / 
                    Earnings Per Share (EPS)
                
               
                                     Current Market Cap [ ₹109,084.4 Cr] as on Oct 30,2025                     
                    (/) Earnings [ ₹2,787.5 Cr] based on TTM-Consolidated Results
                                    
                
                (=) P/E Ratio [ 39.13x ]
            
Thus, for JINDAL STEEL & POWER , the investors are currently willing to pay 39.13 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 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 Ratio | Market Cap | 
|---|---|---|---|
| JINDAL STEEL & POWER | 2,787.46 | 39.13 | 109,084.4 | 
| LLOYDS METALS & ENERGY LTD | 1,534.08 | 45.46 | 69,735.1 | 
| JAI BALAJI INDUSTRIES LTD | 419.61 | 20.61 | 8,649.1 | 
| STEEL EXCHANGE INDIA LTD | 33.58 | 36.58 | 1,228.5 | 
| SURAJ PRODUCTS LTD | 19.32 | 23.33 | 450.6 | 
| SAL STEEL LTD | -16.27 | -19.89 | 323.6 | 
| VASWANI INDUSTRIES LTD | 11.56 | 17.25 | 199.4 | 
| KIC METALIKS LTD | -8.10 | -13.05 | 105.6 | 
| BIHAR SPONGE IRON LTD | 8.82 | 13.03 | 115.0 | 
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs JINDAL STEEL & POWER 's P/E Ratio
| Top 10 Industry Peers | PE Ratio | 
|---|---|
| Min industry PE | -19.89x | 
| Max industry PE | 45.46x | 
| Median industry PE | 20.61x | 
| Average industry PE | 18.05x | 
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