SAL STEEL
|
The Current P/E Ratio of SAL STEEL is 89.96.
| Share Price | ₹77.2 | Oct 29,2026 |
| Market Cap | ₹1,118.1 Cr | |
| Earnings-TTM | ₹12.4 Cr | TTM-Standalone Results |
| Price/Earnings | 89.96x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SAL STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,118.1 Cr] as on Oct 29,2026
(/) Earnings [ ₹12.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 89.96x ]
Thus, for SAL STEEL , the investors are currently willing to pay 89.96 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 SAL 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 SAL STEEL over the last five years.
Historical PE (Price/Earnings) ratio chart of SAL STEEL
PE Ratio Performance Analysis for SAL STEEL
- SAL STEEL 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 82.90x.
- SAL STEEL 's operated at median p/e ratio of 7.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SAL STEEL 's p/e ratio peaked in Mar2024 at 374.5x.
- SAL STEEL 's p/e ratio hit its five-year low in Mar2026 of 0x.
How does SAL 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 |
|---|---|---|---|
| SAL STEEL | 12.43 | 89.96 | 1,118.1 |
| JINDAL STEEL LTD | 2,860.57 | 37.84 | 108,231.0 |
| LLOYDS METALS & ENERGY LTD | 4,867.68 | 21.11 | 102,776.0 |
| JAI BALAJI INDUSTRIES LTD | 292.93 | 19.88 | 5,824.7 |
| STEEL EXCHANGE INDIA LTD | 31.79 | 39.65 | 1,260.2 |
| VRAJ IRON & STEEL LTD | 31.93 | 12.84 | 410.0 |
| VASWANI INDUSTRIES LTD | -0.06 | -2,195.24 | 138.3 |
| KIC METALIKS LTD | 3.23 | 33.95 | 109.7 |
| BIHAR SPONGE IRON LTD | 11.69 | 9.25 | 108.2 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs SAL STEEL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -2,195.24x |
| Max industry PE | 89.96x |
| Median industry PE | 21.11x |
| Average industry PE | -214.53x |
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