Jindal Steel & Power Limited (NSE:JINDALSTEL) Shares Could Be 38% Below Their Intrinsic Value Estimate
May 26
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Indian (NIFTY) Steel Industry Analysis
UpdatedMay 29, 2025
DataAggregated Company Financials
Companies157
- 7D0.5%
- 3M12.4%
- 1Y-0.2%
- YTDn/a
Over the last 7 days, the Steel industry has risen 1.3%, and Lloyds Metals and Energy contributed the most with a gain of 2.6%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 35% per annum.
Industry Valuation and Performance
Has the Indian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 30 May 2025 | ₹11.8t | ₹8.4t | ₹358.4b | 21.8x | 32.9x | 1.4x |
| Sun, 27 Apr 2025 | ₹11.1t | ₹8.4t | ₹360.4b | 20.8x | 30.7x | 1.3x |
| Tue, 25 Mar 2025 | ₹11.6t | ₹8.4t | ₹359.6b | 20.5x | 32.3x | 1.4x |
| Thu, 20 Feb 2025 | ₹10.4t | ₹8.4t | ₹359.5b | 19.5x | 29x | 1.2x |
| Sat, 18 Jan 2025 | ₹11.2t | ₹8.3t | ₹386.1b | 24.3x | 29.1x | 1.3x |
| Mon, 16 Dec 2024 | ₹12.2t | ₹8.3t | ₹386.0b | 26.7x | 31.5x | 1.5x |
| Wed, 13 Nov 2024 | ₹11.5t | ₹8.3t | ₹394.9b | 24x | 29x | 1.4x |
| Fri, 11 Oct 2024 | ₹12.3t | ₹8.5t | ₹362.0b | 24.7x | 34x | 1.5x |
| Sun, 08 Sep 2024 | ₹11.7t | ₹8.5t | ₹363.6b | 24.4x | 32.3x | 1.4x |
| Tue, 06 Aug 2024 | ₹11.2t | ₹8.5t | ₹360.0b | 23.7x | 31.1x | 1.3x |
| Thu, 04 Jul 2024 | ₹12.3t | ₹8.5t | ₹369.7b | 24.3x | 33.4x | 1.5x |
| Sat, 01 Jun 2024 | ₹11.5t | ₹8.4t | ₹382.3b | 21.9x | 30.1x | 1.4x |
| Mon, 29 Apr 2024 | ₹11.5t | ₹8.5t | ₹423.1b | 24.9x | 27.3x | 1.4x |
| Wed, 27 Mar 2024 | ₹10.2t | ₹8.4t | ₹419.9b | 21.2x | 24.3x | 1.2x |
| Fri, 23 Feb 2024 | ₹10.5t | ₹8.4t | ₹419.8b | 23.2x | 25.1x | 1.2x |
| Sun, 21 Jan 2024 | ₹10.3t | ₹8.7t | ₹359.0b | 24.3x | 28.6x | 1.2x |
| Tue, 19 Dec 2023 | ₹10.1t | ₹8.7t | ₹351.4b | 22.5x | 28.6x | 1.2x |
| Thu, 16 Nov 2023 | ₹9.1t | ₹8.7t | ₹351.6b | 20.3x | 25.8x | 1x |
| Sat, 14 Oct 2023 | ₹9.0t | ₹8.6t | ₹338.3b | 19.2x | 26.6x | 1x |
| Mon, 11 Sep 2023 | ₹9.1t | ₹8.6t | ₹338.8b | 18.7x | 26.9x | 1.1x |
| Wed, 09 Aug 2023 | ₹8.3t | ₹8.6t | ₹339.2b | 16.5x | 24.5x | 1x |
| Fri, 07 Jul 2023 | ₹7.7t | ₹8.5t | ₹390.8b | 15.1x | 19.7x | 0.9x |
| Sun, 04 Jun 2023 | ₹7.0t | ₹8.5t | ₹395.0b | 15x | 17.6x | 0.8x |
| Tue, 02 May 2023 | ₹6.9t | ₹8.3t | ₹534.5b | 14.2x | 12.9x | 0.8x |
| Thu, 30 Mar 2023 | ₹6.6t | ₹8.4t | ₹517.1b | 13.2x | 12.7x | 0.8x |
| Sat, 25 Feb 2023 | ₹6.6t | ₹8.4t | ₹517.5b | 13.2x | 12.8x | 0.8x |
| Mon, 23 Jan 2023 | ₹7.0t | ₹8.4t | ₹684.2b | 14.5x | 10.2x | 0.8x |
| Wed, 21 Dec 2022 | ₹6.6t | ₹8.4t | ₹721.3b | 13.3x | 9.1x | 0.8x |
| Fri, 18 Nov 2022 | ₹6.2t | ₹8.3t | ₹724.4b | 12.7x | 8.5x | 0.7x |
| Sun, 16 Oct 2022 | ₹5.9t | ₹8.2t | ₹1.0t | 12.9x | 5.8x | 0.7x |
| Tue, 13 Sep 2022 | ₹6.0t | ₹8.2t | ₹1.0t | 13.4x | 6x | 0.7x |
| Thu, 11 Aug 2022 | ₹5.8t | ₹8.1t | ₹1.0t | 11.8x | 5.6x | 0.7x |
| Sat, 09 Jul 2022 | ₹5.1t | ₹7.8t | ₹1.1t | 11.9x | 4.5x | 0.6x |
| Mon, 06 Jun 2022 | ₹5.4t | ₹7.8t | ₹1.1t | 11.3x | 4.8x | 0.7x |
Price to Earnings Ratio
4.8x
Current Industry PE
- Investors are optimistic on the Indian Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.4x which is higher than its 3-year average PE of 21.8x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 32% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Steel compare with similar industries?
| IN Market | 0.50% | |
| Materials | 0.66% | |
| Metals and Mining | 0.69% | |
| Steel | 0.54% | |
| Copper | 8.20% | |
| Gold | 7.95% | |
| Diversified Metals and Mining | 1.67% | |
| Aluminum | -1.33% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 512455 Lloyds Metals and Energy | ₹1.41k | 6.2% +₹43.4b | 106.5% | PE51x | |
| 532144 Welspun | ₹895.00 | 16.7% +₹33.7b | 48.9% | PE12.3x | |
| JSL Jindal Stainless | ₹669.20 | 4.7% +₹24.5b | -5.4% | PE22x | |
| 500470 Tata Steel | ₹163.10 | 1.1% +₹23.1b | -0.7% | PE59.5x | |
| KIOCL KIOCL | ₹308.05 | 10.3% +₹17.5b | -27.0% | PS29.2x |
