JINDAL STAINLESS
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The Current P/E Ratio of JINDAL STAINLESS is 19.99.
Share Price | ₹588.6 | May 02,2025 |
Market Cap | ₹48,488.9 Cr | |
Earnings-TTM | ₹2,426.0 Cr | TTM-Consolidated Results |
Price/Earnings | 19.99x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL STAINLESS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹48,488.9 Cr] as on May 02,2025
(/) Earnings [ ₹2,426.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.99x ]
Thus, for JINDAL STAINLESS , the investors are currently willing to pay 19.99 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 STAINLESS !
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 STAINLESS over the last five years.
Historical PE (Price/Earnings) ratio chart of JINDAL STAINLESS
PE Ratio Performance Analysis for JINDAL STAINLESS
- JINDAL STAINLESS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.01x.
- JINDAL STAINLESS 's operated at median p/e ratio of 11.28x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL STAINLESS 's p/e ratio peaked in Mar2024 at 21.08x.
- JINDAL STAINLESS 's p/e ratio hit its five-year low in Mar2022 of 3.46x.
How does JINDAL STAINLESS '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 |
---|---|---|---|
JINDAL STAINLESS | 2,426.03 | 19.99 | 48,488.9 |
JSW STEEL LTD | 3,478.00 | 68.35 | 237,735.0 |
TATA STEEL LTD | 2,376.45 | 74.22 | 176,391.0 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 27.39 | 46,778.2 |
APL APOLLO TUBES LTD | 634.39 | 69.98 | 44,392.8 |
MOTHERSON SUMI WIRING INDIA LTD | 632.37 | 39.24 | 24,811.3 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 26.44 | 24,029.1 |
WELSPUN CORP LTD | 836.83 | 24.05 | 20,122.0 |
RATNAMANI METALS & TUBES LTD | 531.53 | 34.57 | 18,376.7 |
SARDA ENERGY & MINERALS LTD | 662.92 | 23.47 | 15,561.2 |
JINDAL SAW LTD | 1,431.77 | 10.95 | 15,680.7 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JINDAL STAINLESS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.95x |
Max industry PE | 74.22x |
Median industry PE | 27.39x |
Average industry PE | 38.06x |
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