Home > PE Ratio > JINDAL STEEL

JINDAL STEEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL STEEL is 42.12.

Share Price ₹1,124.9Sep 18,2026
Market Cap ₹114,745.9 Cr
Earnings-TTM₹2,724.2 CrTTM-Consolidated Results
Price/Earnings42.12xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for JINDAL STEEL
Please provide your vote to see the results
JINDAL STEEL is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of JINDAL STEEL

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 is calculated as :

Current Market Cap [ ₹114,745.9 Cr] as on Sep 18,2026

(/) Earnings [ ₹2,724.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 42.12x ]

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

Thus, for JINDAL STEEL , the investors are currently willing to pay 42.12 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 !

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 over the last five years.

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


PE Ratio Performance Analysis for JINDAL STEEL

- JINDAL STEEL 's latest p/e ratio is 42.12x.

- JINDAL STEEL 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 21.34x.

- JINDAL STEEL 's operated at median p/e ratio of 17.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JINDAL STEEL 's p/e ratio peaked in Mar2026 at 33.62x.

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


How does JINDAL STEEL '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 2,724.1842.12114,745.9
LLOYDS METALS & ENERGY LTD4,867.6821.14102,897.0
JAI BALAJI INDUSTRIES LTD292.9320.035,867.6
STEEL EXCHANGE INDIA LTD31.7947.231,501.3
SAL STEEL LTD12.4395.581,188.1
VRAJ IRON & STEEL LTD31.9313.24422.7
VASWANI INDUSTRIES LTD-0.06-2,484.60156.5
KIC METALIKS LTD3.2335.10113.4
BIHAR SPONGE IRON LTD11.6910.33120.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -2,484.60x
Max industry PE 95.58x
Median industry PE 21.14x
Average industry PE -244.43x



You may also like the below Video Courses