TATA STEEL
|
The Current P/E Ratio of TATA STEEL is 36.60.
| Share Price | ₹188.6 | Feb 02,2026 |
| Market Cap | ₹235,438.8 Cr | |
| Earnings-TTM | ₹6,432.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 36.60x | 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 [ ₹235,438.8 Cr] as on Feb 02,2026
(/) Earnings [ ₹6,432.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.60x ]
Thus, for TATA STEEL , the investors are currently willing to pay 36.60 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 Mar2025 to Mar2021 averaged 14.50x.
- TATA STEEL 's operated at median p/e ratio of 1.3x 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 | 6,432.57 | 36.60 | 235,438.8 |
| JSW STEEL LTD | 8,314.00 | 35.26 | 293,137.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 22.04 | 65,924.7 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 25.11 | 61,503.5 |
| APL APOLLO TUBES LTD | 1,141.86 | 50.55 | 57,723.3 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 46.30 | 28,834.5 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 24.04 | 23,288.0 |
| WELSPUN CORP LTD | 1,661.27 | 11.93 | 19,810.7 |
| RATNAMANI METALS & TUBES LTD | 619.52 | 23.51 | 14,567.2 |
| SARDA ENERGY & MINERALS LTD | 1,021.00 | 16.75 | 17,102.8 |
| JINDAL SAW LTD | 859.23 | 13.13 | 11,280.9 |
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 | 11.93x |
| Max industry PE | 50.55x |
| Median industry PE | 24.04x |
| Average industry PE | 27.75x |
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