JINDAL STEEL & POWER
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The Current P/E Ratio of JINDAL STEEL & POWER is 17.11.
Share Price | ₹848.9 | Jan 29,2025 |
Market Cap | ₹86,591.2 Cr | |
Earnings-TTM | ₹5,059.5 Cr | TTM-Consolidated Results |
Price/Earnings | 17.11x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL STEEL & POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹86,591.2 Cr] as on Jan 29,2025
(/) Earnings [ ₹5,059.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.11x ]
Thus, for JINDAL STEEL & POWER , the investors are currently willing to pay 17.11 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 STEEL & POWER !
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 STEEL & POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of JINDAL STEEL & POWER
PE Ratio Performance Analysis for JINDAL STEEL & POWER
- JINDAL STEEL & POWER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 9.98x.
- JINDAL STEEL & POWER 's operated at median p/e ratio of 9.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JINDAL STEEL & POWER 's p/e ratio peaked in Mar2023 at 17.29x.
- JINDAL STEEL & POWER 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does JINDAL STEEL & POWER 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
JINDAL STEEL & POWER | 5,059.52 | 17.11 | 86,591.2 |
LLOYDS METALS & ENERGY LTD | 1,524.92 | 43.11 | 65,734.9 |
JAI BALAJI INDUSTRIES LTD | 869.56 | 14.24 | 12,383.8 |
STEEL EXCHANGE INDIA LTD | 40.92 | 29.62 | 1,212.0 |
SURAJ PRODUCTS LTD | 26.43 | 18.14 | 479.3 |
SAL STEEL LTD | 0.44 | 394.32 | 173.5 |
KIC METALIKS LTD | 0.63 | 222.49 | 141.1 |
BIHAR SPONGE IRON LTD | 10.77 | 12.24 | 131.9 |
VASWANI INDUSTRIES LTD | 10.27 | 14.88 | 152.8 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs JINDAL STEEL & POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.24x |
Max industry PE | 394.32x |
Median industry PE | 18.14x |
Average industry PE | 85.13x |
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