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JSW STEEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of JSW STEEL is 66.65.

Share Price ₹947.9Feb 06,2025
Market Cap ₹231,808.9 Cr
Earnings-TTM₹3,478.0 CrTTM-Consolidated Results
Price/Earnings66.65xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JSW STEEL

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 JSW STEEL is calculated as :

Current Market Cap [ ₹231,808.9 Cr] as on Feb 06,2025

(/) Earnings [ ₹3,478.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 66.65x ]

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

Thus, for JSW STEEL , the investors are currently willing to pay 66.65 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 JSW 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 JSW STEEL over the last five years.

Historical PE (Price/Earnings) ratio chart of JSW STEEL


PE Ratio Performance Analysis for JSW STEEL

- JSW STEEL 's latest p/e ratio is 66.65x.

- JSW STEEL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.87x.

- JSW STEEL 's operated at median p/e ratio of 14.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JSW STEEL 's p/e ratio peaked in Mar2023 at 39.85x.

- JSW STEEL 's p/e ratio hit its five-year low in Mar2022 of 8.51x.


How does JSW 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 RatioMarket Cap
JSW STEEL 3,478.0066.65231,808.9
TATA STEEL LTD2,376.4569.63165,468.0
JINDAL STAINLESS LTD2,426.0321.5852,358.8
STEEL AUTHORITY OF INDIA LTD1,985.5122.4844,630.3
APL APOLLO TUBES LTD634.3962.1439,423.8
MOTHERSON SUMI WIRING INDIA LTD632.3739.2624,828.9
RATNAMANI METALS & TUBES LTD531.1437.6620,001.1
SHYAM METALICS AND ENERGY LTD908.9224.0621,870.0
WELSPUN CORP LTD836.8323.4419,611.9
JINDAL SAW LTD1,831.369.3417,103.7
MAHARASHTRA SEAMLESS LTD771.6611.368,764.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 9.34x
Max industry PE 69.63x
Median industry PE 24.06x
Average industry PE 35.24x



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