TATA STEEL
|
The Current P/E Ratio of TATA STEEL is 20.33.
| Share Price | ₹177.2 | Nov 02,2026 |
| Market Cap | ₹221,145.2 Cr | |
| Earnings-TTM | ₹10,878.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 20.33x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of TATA STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹221,145.2 Cr] as on Nov 02,2026
(/) Earnings [ ₹10,878.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.33x ]
Thus, for TATA STEEL , the investors are currently willing to pay 20.33 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 TATA 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 TATA STEEL over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA STEEL
PE Ratio Performance Analysis for TATA STEEL
- TATA STEEL 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 18.67x.
- TATA STEEL 's operated at median p/e ratio of 14.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA STEEL 's p/e ratio peaked in Mar2025 at 56.24x.
- TATA STEEL 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does TATA STEEL 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
| Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| TATA STEEL | 10,878.80 | 20.33 | 221,145.2 |
| JSW STEEL LTD | 31,801.00 | 10.07 | 320,354.0 |
| STEEL AUTHORITY OF INDIA LTD | 5,243.31 | 13.01 | 68,195.0 |
| JINDAL STAINLESS LTD | 3,267.72 | 17.13 | 55,986.3 |
| APL APOLLO TUBES LTD | 1,309.92 | 45.53 | 59,643.8 |
| WELSPUN CORP LTD | 1,510.67 | 40.49 | 61,170.4 |
| SHYAM METALICS AND ENERGY LTD | 1,370.78 | 24.25 | 33,243.2 |
| GODAWARI POWER AND ISPAT LTD | 799.43 | 16.30 | 13,029.1 |
| SARDA ENERGY & MINERALS LTD | 1,091.64 | 13.83 | 15,099.5 |
| RATNAMANI METALS & TUBES LTD | 514.35 | 33.03 | 16,989.9 |
| GALLANTT ISPAT LTD | 407.42 | 31.46 | 12,818.0 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs TATA STEEL 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.07x |
| Max industry PE | 45.53x |
| Median industry PE | 20.33x |
| Average industry PE | 24.13x |
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