SAL STEEL
|
The Current P/E Ratio of SAL STEEL is -35.43.
| Share Price | ₹41.0 | Jan 14,2026 |
| Market Cap | ₹446.4 Cr | |
| Earnings-TTM | ₹-12.6 Cr | TTM-Standalone Results |
| Price/Earnings | -35.43x | 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 [ ₹446.4 Cr] as on Jan 14,2026
(/) Earnings [ ₹-12.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -35.43x ]
Thus, for SAL STEEL , the investors are currently willing to pay -35.43 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 Mar2025 to Mar2021 averaged 83.36x.
- 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 Mar2025 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 | -12.60 | -35.43 | 446.4 |
| JINDAL STEEL & POWER LTD | 2,787.46 | 38.07 | 106,130.0 |
| LLOYDS METALS & ENERGY LTD | 1,800.15 | 37.51 | 67,518.4 |
| JAI BALAJI INDUSTRIES LTD | 292.93 | 20.56 | 6,022.7 |
| STEEL EXCHANGE INDIA LTD | 32.97 | 32.84 | 1,082.6 |
| SURAJ PRODUCTS LTD | 16.03 | 12.18 | 195.2 |
| VASWANI INDUSTRIES LTD | 10.57 | 17.66 | 186.6 |
| KIC METALIKS LTD | -8.17 | -11.09 | 90.6 |
| BIHAR SPONGE IRON LTD | 9.11 | 11.15 | 101.6 |
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 | -35.43x |
| Max industry PE | 38.07x |
| Median industry PE | 17.66x |
| Average industry PE | 13.72x |
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