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JINDAL SAW
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL SAW is 10.14.

Share Price ₹296.8Dec 26,2024
Market Cap ₹18,980.4 Cr
Earnings-TTM₹1,872.1 CrTTM-Consolidated Results
Price/Earnings10.14xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JINDAL SAW

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 JINDAL SAW is calculated as :

Current Market Cap [ ₹18,980.4 Cr] as on Dec 26,2024

(/) Earnings [ ₹1,872.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.14x ]

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

Thus, for JINDAL SAW , the investors are currently willing to pay 10.14 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 JINDAL SAW !

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 JINDAL SAW over the last five years.

Historical PE (Price/Earnings) ratio chart of JINDAL SAW


PE Ratio Performance Analysis for JINDAL SAW

- JINDAL SAW 's latest p/e ratio is 10.14x.

- JINDAL SAW 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.51x.

- JINDAL SAW 's operated at median p/e ratio of 7.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JINDAL SAW 's p/e ratio peaked in Mar2024 at 8.24x.

- JINDAL SAW 's p/e ratio hit its five-year low in Mar2020 of 2.64x.


How does JINDAL SAW '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
JINDAL SAW 1,872.1310.1418,980.4
JSW STEEL LTD5,231.0042.75223,637.0
TATA STEEL LTD2,576.6868.00175,205.0
JINDAL STAINLESS LTD2,435.4024.7960,361.7
STEEL AUTHORITY OF INDIA LTD1,985.5124.4648,575.0
APL APOLLO TUBES LTD582.9371.2141,508.0
MOTHERSON SUMI WIRING INDIA LTD660.2539.0225,766.2
RATNAMANI METALS & TUBES LTD531.1443.3523,022.8
SHYAM METALICS AND ENERGY LTD837.3924.5520,559.5
WELSPUN CORP LTD849.1024.6620,938.1
MAHARASHTRA SEAMLESS LTD862.0510.969,450.3

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JINDAL SAW 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.14x
Max industry PE 71.21x
Median industry PE 24.79x
Average industry PE 34.90x



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