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JINDAL STEEL & POWER
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL STEEL & POWER is 32.26.

Share Price ₹902.8May 05,2025
Market Cap ₹92,094.6 Cr
Earnings-TTM₹2,854.8 CrTTM-Consolidated Results
Price/Earnings32.26xCalculated 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 [ ₹92,094.6 Cr] as on May 05,2025

(/) Earnings [ ₹2,854.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.26x ]

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 32.26 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 32.26x.

- JINDAL STEEL & POWER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.98x.

- JINDAL STEEL & POWER 's operated at median p/e ratio of 9.65x 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 Mar2023 at 17.29x.

- JINDAL STEEL & POWER 's p/e ratio hit its five-year low in Mar2020 of 0x.


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 2,854.7532.2692,094.6
LLOYDS METALS & ENERGY LTD1,449.8944.3664,314.3
JAI BALAJI INDUSTRIES LTD755.3814.2410,760.0
STEEL EXCHANGE INDIA LTD40.9223.76972.5
SURAJ PRODUCTS LTD23.0118.64428.8
SAL STEEL LTD2.2471.73160.7
VASWANI INDUSTRIES LTD9.7212.96126.0
KIC METALIKS LTD-3.02-36.37110.0
BIHAR SPONGE IRON LTD11.539.44108.8

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 -36.37x
Max industry PE 71.73x
Median industry PE 18.64x
Average industry PE 21.22x



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