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JSW STEEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of JSW STEEL is 69.02.

Share Price ₹981.6Feb 20,2025
Market Cap ₹240,038.1 Cr
Earnings-TTM₹3,478.0 CrTTM-Consolidated Results
Price/Earnings69.02xCalculated 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 [ ₹240,038.1 Cr] as on Feb 20,2025

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

(=) P/E Ratio [ 69.02x ]

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 69.02 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 69.02x.

- 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 3,478.0069.02240,038.1
TATA STEEL LTD2,376.4572.49172,272.0
JINDAL STAINLESS LTD2,426.0320.9850,909.0
STEEL AUTHORITY OF INDIA LTD1,707.7626.5745,373.8
APL APOLLO TUBES LTD634.3964.6240,994.5
MOTHERSON SUMI WIRING INDIA LTD632.3734.7521,977.3
SHYAM METALICS AND ENERGY LTD908.9221.9019,907.7
WELSPUN CORP LTD836.8324.0920,162.9
RATNAMANI METALS & TUBES LTD531.5333.0117,545.4
SARDA ENERGY & MINERALS LTD662.9225.9317,190.9
JINDAL SAW LTD1,831.368.7716,067.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 8.77x
Max industry PE 72.49x
Median industry PE 26.57x
Average industry PE 36.56x



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