Metrics to compare | JINT | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipJINTPeersSector | |
|---|---|---|---|---|
P/E Ratio | 42.3x | 17.8x | 4.4x | |
PEG Ratio | −4.80 | 0.24 | 0.00 | |
Price/Book | 2.3x | 2.2x | 1.6x | |
Price / LTM Sales | 2.0x | 1.1x | 1.3x | |
Upside (Analyst Target) | 10.6% | 16.3% | 35.2% | |
Fair Value Upside | Unlock | −4.0% | 0.8% | Unlock |
Jindal Steel Limited manufactures steel in India and internationally. It offers TMT rebars under the Jindal Panther brand; structural sections, rails, wire rods, round bars, and cut and bend rebars; and flat products, such as hot rolled coils, cast rounds, cold rolled and coated products, plates and coils, rockhard plates, and hollow sections. The company also provides semi-finished and specialized products, including cathode bars, fabricated sections, track shoes, sheet piles, sin beams, and value-added billets and blooms. In addition, it is involved in design and manufacturing of EOT and gantry cranes for steel plants, ports, infrastructure, and heavy engineering applications; manufactures pressure-retaining equipment for high-pressure and high-temperature industrial applications; and manufactures ferrous cast components for metallurgical and thermal processing industries. Further, the company engages in the operation of iron ore mines in Kasia, Roida, and Tensa in India; coal assets; pellet plants; and captive power facilities. It serves infrastructure, distribution, automotive, defense, building and construction, and engineering and packing. The company was formerly known as Jindal Steel & Power Limited and changed its name to Jindal Steel Limited in July 2025. Jindal Steel Limited was incorporated in 1979 and is based in New Delhi, India.