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Jindal StainlessNSE:JSL +0.12%91 Earnings Yield (Joel Greenblatt) % is 8.55% as of Jun. 2026, which is 31% below its 10-year median of 12.46. GuruFocus rates NSE:JSL with a GF Score™ of 91/100 and a GF Value™ of ₹796.48 (Fairly Valued). The stock has 1 warning sign investors should review. Among 633 Steel companies, Jindal Stainless ranks better than 58.14% on this metric.
Jindal Stainless's Enterprise Value for the quarter that ended in Jun. 2026 was ₹570,709 Mil.
Jindal Stainless's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹48,766 Mil. Jindal Stainless's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 8.55%.
The historical rank and industry rank for Jindal Stainless's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:JSL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.65 Med: 12.46 Max: 89.11
Current: 7.39
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Jindal Stainless was 89.11%. The lowest was 5.65%. And the median was 12.46%.
NSE:JSL's Earnings Yield (Joel Greenblatt) % is ranked better than 58.14% of 633
companies
in the Steel industry
Industry Median: 5.74
vs NSE:JSL: 7.39
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Jindal Stainless's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Jindal Stainless Earnings Yield (Joel Greenblatt) % Related Terms
Jindal Stainless Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Jindal Stainless's Earnings Yield (Joel Greenblatt) % 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.
For the Steel subindustry, Jindal Stainless's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.
Jindal Stainless Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Jindal Stainless's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Jindal Stainless's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Jindal Stainlesss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Jindal Stainless's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹48,766 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.55% mean?
Jindal Stainless (NSE:JSL) has a Earnings Yield (Joel Greenblatt) % of 8.55% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Jindal Stainless and its competitors. This is 31% below median its historical median of 12.46. Over the past decade, Jindal Stainless' Earnings Yield (Joel Greenblatt) % has ranged from 5.65 to 89.11. According to the industry distribution chart, Jindal Stainless ranks #265 out of 633 companies in the Steel industry, placing it in the top 41.9%.
Is Jindal Stainless' Earnings Yield (Joel Greenblatt) % too high?
Jindal Stainless' current Earnings Yield (Joel Greenblatt) % of 8.55% is 31% below median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 89.11. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.74. Jindal Stainless' value of 8.55% is 49% above this industry median. Based on the distribution chart, Jindal Stainless ranks #265 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Jindal Stainless has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jindal Stainless' Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Stainless ranks #265 out of 633 companies for Earnings Yield (Joel Greenblatt) %. This puts Jindal Stainless in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.74. Jindal Stainless' value of 8.55% is 49% above this benchmark. Historically, Jindal Stainless' own Earnings Yield (Joel Greenblatt) % has ranged from 5.65 to 89.11 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 5.74, Jindal Stainless 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 Earnings Yield (Joel Greenblatt) % for a Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.74, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jindal Stainless's current Earnings Yield (Joel Greenblatt) % of 8.55% is 49% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Jindal Stainless and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Stainless's current Earnings Yield (Joel Greenblatt) % is 8.55%, which is 31% below median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Stainless stock overvalued right now?
Based on GuruFocus' analysis, Jindal Stainless (NSE:JSL) is currently considered Fairly Valued. The stock's GF Value™ is ₹796.48, compared to a current price of ₹734.90 — trading 7.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.55%, which is 31% below median its 10-year median of 12.46 and 49% above the Steel industry median of 5.74. Jindal Stainless' overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Jindal Stainless (NSE:JSL), the current Earnings Yield (Joel Greenblatt) % is 8.55% as of Jun. 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.
Is Jindal Stainless (NSE:JSL) Overvalued in 2026?
Based on GuruFocus' analysis, Jindal Stainless stock appears to be undervalued.
The current stock price of ₹734.90 is trading 7.7% below its estimated GF Value™ of ₹796.48.
GuruFocus considers Jindal Stainless to be Fairly Valued.
Key valuation signals for NSE:JSL:
Earnings Yield (Joel Greenblatt) %: 8.55% (31% below median its 10-year median of 12.46)
GF Value™: ₹796.48 vs. price of ₹734.90 (7.7% below fair value)
Industry Position: 49% above the Steel median (#265 of 633)
No single metric tells the full story. See the NSE:JSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives the majority of the revenue from the sale of steel products.
91GF Score
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