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JSW CementNSE:JSWCEMENT +1.73%12 Debt-to-EBITDA is 2.88 as of Mar. 2026, which is 59% below its 10-year median of 6.98. GuruFocus rates NSE:JSWCEMENT with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 330 Building Materials companies, JSW Cement ranks worse than 73.03% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for JSW Cement's Debt-to-EBITDA or its related term are showing as below:
NSE:JSWCEMENT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -40.33 Med: 6.98 Max: 9.45
Current: 4.29
During the past 4 years, the highest Debt-to-EBITDA Ratio of JSW Cement was 9.45. The lowest was -40.33. And the median was 6.98.
NSE:JSWCEMENT's Debt-to-EBITDA is ranked worse than 73.03% of 330
companies
in the Building Materials industry
Industry Median: 2.27
vs NSE:JSWCEMENT: 4.29
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
JSW Cement Debt-to-EBITDA Related Terms
JSW Cement Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for JSW Cement's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:JSWCEMENT vs CRH, VMC, MLM: Debt-to-EBITDA Comparison
For the Building Materials subindustry, JSW Cement's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JSW Cement Debt-to-EBITDA vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, JSW Cement's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where JSW Cement's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
JSW Cement (NSE:JSWCEMENT) has a Debt-to-EBITDA of 2.88 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JSW Cement. This is 59% below median its historical median of 6.98. According to the industry distribution chart, JSW Cement ranks #241 out of 330 companies in the Building Materials industry, placing it in the top 73%.
Is JSW Cement's Debt-to-EBITDA too high?
JSW Cement's current Debt-to-EBITDA of 2.88 is 59% below median its 10-year median of 6.98. The Building Materials industry median Debt-to-EBITDA is 2.27. JSW Cement's value of 2.88 is 26.9% above this industry median. Based on the distribution chart, JSW Cement ranks #241 out of 330 companies in the Building Materials industry, which is below the industry midpoint. Overall, JSW Cement has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does JSW Cement's Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, JSW Cement ranks #241 out of 330 companies for Debt-to-EBITDA. This places JSW Cement in the lower half of its industry. The industry median Debt-to-EBITDA is 2.27. JSW Cement's value of 2.88 is 26.9% above this benchmark. While the company's 10-year median is 6.98 vs. the industry median of 2.27, JSW Cement has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 330 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JSW Cement's current Debt-to-EBITDA of 2.88 is 26.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JSW Cement. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Cement's current Debt-to-EBITDA is 2.88, which is 59% below median its own 10-year median of 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Cement stock overvalued right now?
JSW Cement (NSE:JSWCEMENT) has a current Debt-to-EBITDA of 2.88. The current Debt-to-EBITDA is 2.88, which is 59% below median its 10-year median of 6.98 and 26.9% above the Building Materials industry median of 2.27. JSW Cement's overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For JSW Cement (NSE:JSWCEMENT), the current Debt-to-EBITDA is 2.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
JSW Cement Ltd is a cement company based in India. Its products include: Cement, additives, plaster, aggregates, ready-mix concrete, cementitious materials.
12GF Score
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