JINDAL STEEL & POWER
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The Current P/E Ratio of JINDAL STEEL & POWER is 61.16.
| Share Price | ₹1,217.0 | Feb 23,2026 |
| Market Cap | ₹124,146.2 Cr | |
| Earnings-TTM | ₹2,030.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 61.16x | 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 [ ₹124,146.2 Cr] as on Feb 23,2026
(/) Earnings [ ₹2,030.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 61.16x ]
Thus, for JINDAL STEEL & POWER , the investors are currently willing to pay 61.16 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 | 2,029.96 | 61.16 | 124,146.2 |
| LLOYDS METALS & ENERGY LTD | 2,502.37 | 24.82 | 62,106.8 |
| JAI BALAJI INDUSTRIES LTD | 292.93 | 19.38 | 5,676.0 |
| STEEL EXCHANGE INDIA LTD | 19.38 | 49.80 | 965.4 |
| SURAJ PRODUCTS LTD | 16.08 | 16.99 | 273.1 |
| SAL STEEL LTD | -5.29 | -127.80 | 676.1 |
| VASWANI INDUSTRIES LTD | 10.57 | 19.05 | 201.4 |
| KIC METALIKS LTD | -4.78 | -22.60 | 108.1 |
| BIHAR SPONGE IRON LTD | 13.43 | 9.29 | 124.8 |
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 | -127.80x |
| Max industry PE | 61.16x |
| Median industry PE | 19.05x |
| Average industry PE | 5.57x |
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