JINDAL STEEL
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The Current P/E Ratio of JINDAL STEEL is 41.15.
| Share Price | ₹1,099.0 | Oct 01,2026 |
| Market Cap | ₹112,109.0 Cr | |
| Earnings-TTM | ₹2,724.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 41.15x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹112,109.0 Cr] as on Oct 01,2026
(/) Earnings [ ₹2,724.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.15x ]
Thus, for JINDAL STEEL , the investors are currently willing to pay 41.15 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 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 Ratio | Market Cap |
|---|---|---|---|
| JINDAL STEEL | 2,724.18 | 41.15 | 112,109.0 |
| LLOYDS METALS & ENERGY LTD | 4,867.68 | 20.57 | 100,116.0 |
| JAI BALAJI INDUSTRIES LTD | 292.93 | 19.16 | 5,611.3 |
| STEEL EXCHANGE INDIA LTD | 31.79 | 45.03 | 1,431.1 |
| SAL STEEL LTD | 12.43 | 114.71 | 1,425.8 |
| VRAJ IRON & STEEL LTD | 31.93 | 12.62 | 402.9 |
| VASWANI INDUSTRIES LTD | -0.06 | -2,311.43 | 145.6 |
| KIC METALIKS LTD | 3.23 | 32.01 | 103.4 |
| BIHAR SPONGE IRON LTD | 11.69 | 9.42 | 110.1 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs JINDAL STEEL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -2,311.43x |
| Max industry PE | 114.71x |
| Median industry PE | 20.57x |
| Average industry PE | -224.09x |
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