JSW STEEL
|
The Current P/E Ratio of JSW STEEL is 67.76.
Share Price | ₹963.7 | Feb 14,2025 |
Market Cap | ₹235,660.6 Cr | |
Earnings-TTM | ₹3,478.0 Cr | TTM-Consolidated Results |
Price/Earnings | 67.76x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of JSW STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹235,660.6 Cr] as on Feb 14,2025
(/) Earnings [ ₹3,478.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 67.76x ]
Thus, for JSW STEEL , the investors are currently willing to pay 67.76 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 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 Ratio | Market Cap |
---|---|---|---|
JSW STEEL | 3,478.00 | 67.76 | 235,660.6 |
TATA STEEL LTD | 2,376.45 | 70.60 | 167,778.0 |
JINDAL STAINLESS LTD | 2,426.03 | 19.86 | 48,182.3 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 25.59 | 43,701.0 |
APL APOLLO TUBES LTD | 634.39 | 56.99 | 36,151.7 |
MOTHERSON SUMI WIRING INDIA LTD | 632.37 | 34.94 | 22,092.3 |
RATNAMANI METALS & TUBES LTD | 531.53 | 32.87 | 17,473.9 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 22.56 | 20,500.8 |
WELSPUN CORP LTD | 836.83 | 23.19 | 19,402.1 |
JINDAL SAW LTD | 1,831.36 | 8.11 | 14,855.8 |
MAHARASHTRA SEAMLESS LTD | 771.66 | 10.58 | 8,163.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs JSW STEEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.11x |
Max industry PE | 70.60x |
Median industry PE | 25.59x |
Average industry PE | 33.91x |
You may also like the below Video Courses