Valuation JSW Steel Limited

Equities

Market Closed - Bombay S.E. Other stock markets 10:28:05 18/02/2026 GMT			5-day change	1st Jan Change
1,250.70 ^INR	+0.48%		+0.16%	+7.36%

02-18	Financials, metals help Indian benchmark shares end higher; IT caps gains	RE
02-10	JSW Steel January Crude Steel Output Slips 2% on Plant Shutdowns	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,123,928	1,762,464	1,651,666	2,022,334	2,589,880	3,052,308	-	-
Change	-	56.81%	-6.29%	22.44%	28.06%	17.86%	-	-
Enterprise Value (EV) ¹	1,521,788	2,310,924	2,232,896	2,754,574	3,374,710	3,845,327	3,801,519	3,755,289
Change	-	51.86%	-3.38%	23.36%	22.51%	13.95%	-1.14%	-1.22%
P/E ratio	14.3x	8.57x	40.1x	23x	74.2x	34.3x	20.2x	16.9x
PBR	3.02x	2.61x	2.48x	2.61x	3.26x	3.47x	2.96x	2.56x
PEG	-	0x	-0.5x	0x	-1.2x	0x	0.3x	0.9x
Capitalization / Revenue	1.41x	1.2x	1x	1.16x	1.53x	1.63x	1.47x	1.38x
EV / Revenue	1.91x	1.58x	1.35x	1.57x	2x	2.06x	1.83x	1.7x
EV / EBITDA	7.56x	5.92x	12x	9.76x	14.7x	12.7x	9.96x	8.89x
EV / EBIT	9.84x	7x	20.2x	13.7x	24.8x	19.1x	13.7x	12.2x
EV / FCF	16x	14.3x	26.1x	-74x	41.1x	39x	20.7x	28x
FCF Yield	6.26%	7%	3.82%	-1.35%	2.43%	2.57%	4.84%	3.57%
Dividend per Share ²	6.5	17.35	3.4	7.3	2.8	5.293	6.307	6.943
Rate of return	1.39%	2.37%	0.49%	0.88%	0.26%	0.42%	0.5%	0.56%
EPS ²	32.72	85.49	17.14	36.17	14.32	36.49	61.87	74.14
Distribution rate	19.9%	20.3%	19.8%	20.2%	19.6%	14.5%	10.2%	9.36%
Net sales ¹	798,390	1,463,710	1,659,600	1,750,060	1,688,240	1,869,114	2,076,604	2,213,929
EBITDA ¹	201,410	390,070	185,470	282,360	229,040	302,689	381,547	422,474
EBIT ¹	154,620	330,060	110,730	200,640	135,950	201,276	276,951	308,461
Net income ¹	79,110	206,650	22,350	88,120	35,040	89,053	151,463	176,975
Net Debt ¹	397,860	548,460	581,230	732,240	784,830	793,019	749,211	702,981
Reference price ²	467.85	732.60	688.05	831.35	1,062.95	1,250.70	1,250.70	1,250.70
Nbr of stocks (in thousands)	2,402,326	2,405,766	2,400,504	2,432,590	2,436,502	2,440,480	-	-
Announcement Date	21/05/21	27/05/22	19/05/23	17/05/24	23/05/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
JSW STEEL LIMITED	34.11x	2.05x	12.66x	0.43%	33.51B
BAOSHAN IRON & STEEL CO., LTD.	14.57x	0.55x	5.57x	3.83%	21.7B
JINDAL STEEL & POWER LIMITED	32.19x	2.62x	14.58x	0.2%	13.63B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	14.01x	-	-	4.04%	11.31B
CHINA STEEL CORPORATION	-65.32x	1.59x	17.35x	0.54%	10.13B
BHARAT FORGE LIMITED	63.81x	5.26x	29.52x	0.47%	9.24B
BLUESCOPE STEEL LIMITED	14.6x	0.79x	6.72x	6.48%	8.66B
TERNIUM S.A.	18.95x	0.53x	5.41x	6.29%	8.49B
APL APOLLO TUBES LIMITED	51.78x	2.68x	34.1x	0.34%	6.82B
Average	19.85x	2.01x	15.74x	2.51%	13.72B
Weighted average by Cap.	21.25x	1.88x	13.63x	2.17%