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JINDAL STEEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL STEEL is 35.69.

Share Price ₹1,181.3Jun 05,2026
Market Cap ₹120,504.4 Cr
Earnings-TTM₹3,376.0 CrTTM-Consolidated Results
Price/Earnings35.69xCalculated as Market Cap/Earnings
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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 [ ₹120,504.4 Cr] as on Jun 05,2026

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

(=) P/E Ratio [ 35.69x ]

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 35.69 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 35.69x.

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

- JINDAL STEEL '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 's p/e ratio peaked in Mar2025 at 32.82x.

- 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 3,376.0035.69120,504.4
LLOYDS METALS & ENERGY LTD3,808.0326.29100,117.0
JAI BALAJI INDUSTRIES LTD292.9321.666,343.8
STEEL EXCHANGE INDIA LTD26.9958.461,577.8
SAL STEEL LTD-0.34-2,590.91880.9
VRAJ IRON & STEEL LTD29.5313.87409.6
VASWANI INDUSTRIES LTD4.2447.22200.4
KIC METALIKS LTD1.05126.58133.3
BIHAR SPONGE IRON LTD11.3210.36117.3

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 -2,590.91x
Max industry PE 126.58x
Median industry PE 26.29x
Average industry PE -250.09x



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