JSW STEEL
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The Current P/E Ratio of JSW STEEL is 68.18.
Share Price | ₹969.7 | Feb 13,2025 |
Market Cap | ₹237,140.1 Cr | |
Earnings-TTM | ₹3,478.0 Cr | TTM-Consolidated Results |
Price/Earnings | 68.18x | Calculated as Market Cap/Earnings |
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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 [ ₹237,140.1 Cr] as on Feb 13,2025
(/) Earnings [ ₹3,478.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 68.18x ]
Thus, for JSW STEEL , the investors are currently willing to pay 68.18 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 | 68.18 | 237,140.1 |
TATA STEEL LTD | 2,376.45 | 71.55 | 170,025.0 |
JINDAL STAINLESS LTD | 2,426.03 | 20.68 | 50,167.6 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 26.46 | 45,187.9 |
APL APOLLO TUBES LTD | 634.39 | 60.11 | 38,136.0 |
MOTHERSON SUMI WIRING INDIA LTD | 632.37 | 35.86 | 22,675.9 |
RATNAMANI METALS & TUBES LTD | 531.53 | 33.48 | 17,796.7 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 22.73 | 20,655.8 |
WELSPUN CORP LTD | 836.83 | 24.85 | 20,797.8 |
JINDAL SAW LTD | 1,831.36 | 8.56 | 15,680.7 |
MAHARASHTRA SEAMLESS LTD | 771.66 | 10.71 | 8,265.7 |
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 | 8.56x |
Max industry PE | 71.55x |
Median industry PE | 26.46x |
Average industry PE | 34.83x |
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