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STEEL AUTHORITY OF INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of STEEL AUTHORITY OF INDIA is 32.43.

Share Price ₹192.4May 15,2026
Market Cap ₹79,450.2 Cr
Earnings-TTM₹2,449.8 CrTTM-Consolidated Results
Price/Earnings32.43xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STEEL AUTHORITY OF INDIA

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 STEEL AUTHORITY OF INDIA is calculated as :

Current Market Cap [ ₹79,450.2 Cr] as on May 15,2026

(/) Earnings [ ₹2,449.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.43x ]

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

Thus, for STEEL AUTHORITY OF INDIA , the investors are currently willing to pay 32.43 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 STEEL AUTHORITY OF INDIA !

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 STEEL AUTHORITY OF INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of STEEL AUTHORITY OF INDIA


PE Ratio Performance Analysis for STEEL AUTHORITY OF INDIA

- STEEL AUTHORITY OF INDIA 's latest p/e ratio is 32.43x.

- STEEL AUTHORITY OF INDIA 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 13.00x.

- STEEL AUTHORITY OF INDIA 's operated at median p/e ratio of 15.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, STEEL AUTHORITY OF INDIA 's p/e ratio peaked in Mar2025 at 20x.

- STEEL AUTHORITY OF INDIA 's p/e ratio hit its five-year low in Mar2022 of 3.32x.


How does STEEL AUTHORITY OF INDIA 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
STEEL AUTHORITY OF INDIA 2,449.8432.4379,450.2
JSW STEEL LTD25,983.0012.03312,639.0
TATA STEEL LTD8,810.4730.72270,641.0
JINDAL STAINLESS LTD3,167.8419.5361,856.2
APL APOLLO TUBES LTD1,203.1043.6352,495.5
MOTHERSON SUMI WIRING INDIA LTD625.1842.5426,593.0
SHYAM METALICS AND ENERGY LTD1,060.0723.1024,491.0
WELSPUN CORP LTD1,661.2720.7834,513.1
RATNAMANI METALS & TUBES LTD534.4735.3018,864.9
SARDA ENERGY & MINERALS LTD1,016.6818.8719,181.9
JINDAL SAW LTD906.0016.2014,673.5

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs STEEL AUTHORITY OF INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.03x
Max industry PE 43.63x
Median industry PE 23.10x
Average industry PE 26.83x



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