Tata Steel (LSE:TTST) EV-to-EBIT: 12.86 (As of Aug. 10, 2026) — 38% Above Median

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LSE:TTST Tata Steel Ltd LSE:TTST
66 GF Score
Price $19.95
GF Value $18.19
Valuation Fairly Valued
! 5 Warning Signs
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What is Tata Steel EV-to-EBIT?

Tata Steel LSE:TTST -0.75% 66 EV-to-EBIT is 12.86 as of Aug. 10, 2026, which is 38% above its 10-year median of 9.29. GuruFocus rates LSE:TTST with a GF Score™ of 66/100 and a GF Value™ of $18.19 (Fairly Valued). The stock has 5 warning signs investors should review. Among 489 Steel companies, Tata Steel ranks worse than 50.92% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tata Steel's Enterprise Value is $33,491 Mil. Tata Steel's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,605 Mil. Therefore, Tata Steel's EV-to-EBIT for today is 12.86.

The historical rank and industry rank for Tata Steel's EV-to-EBIT or its related term are showing as below:

LSE:TTST' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.2   Med: 9.29   Max: 66.65
Current: 13.26

During the past 13 years, the highest EV-to-EBIT of Tata Steel was 66.65. The lowest was 1.20. And the median was 9.29.

LSE:TTST's EV-to-EBIT is ranked worse than
50.92% of 489 companies
in the Steel industry
Industry Median: 12.95 vs LSE:TTST: 13.26

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tata Steel's Enterprise Value for the quarter that ended in Jun. 2026 was $25,572 Mil. Tata Steel's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,605 Mil. Tata Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.19%.


Tata Steel  (LSE:TTST) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Tata Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=2604.743/25572.356
=10.19 %

Tata Steel's Enterprise Value for the quarter that ended in Jun. 2026 was $25,572 Mil.
Tata Steel'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 $2,605 Mil.

* 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.


Tata Steel EV-to-EBIT Related Terms


Tata Steel EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tata Steel's EV-to-EBIT 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.

Tata Steel EV-to-EBIT Chart

Tata Steel Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.80 8.05 42.92 17.52 13.88

Tata Steel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.06 16.16 10.94 13.88 9.85

LSE:TTST vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Tata Steel's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Tata Steel EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Tata Steel's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tata Steel's EV-to-EBIT falls into.


LSE:TTST
66GF Score
Tata Steel Ltd LSE:TTST
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Steel EV-to-EBIT Calculation

Tata Steel's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=33490.569/2604.743
=12.86

Tata Steel's current Enterprise Value is $33,491 Mil.
Tata Steel'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 $2,605 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 12.86 mean?
Tata Steel (LSE:TTST) has a EV-to-EBIT of 12.86 as of Aug. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tata Steel and its competitors. This is 38% above median its historical median of 9.29. Over the past decade, Tata Steel's EV-to-EBIT has ranged from 1.20 to 66.65. According to the industry distribution chart, Tata Steel ranks #249 out of 489 companies in the Steel industry, placing it in the top 50.9%.
Is Tata Steel's EV-to-EBIT too high?
Tata Steel's current EV-to-EBIT of 12.86 is 38% above median its 10-year median of 9.29. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 66.65. The Steel industry median EV-to-EBIT is 12.95. Tata Steel's value of 12.86 is 0.7% below this industry median. Based on the distribution chart, Tata Steel ranks #249 out of 489 companies in the Steel industry, which is below the industry midpoint. Overall, Tata Steel has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel ranks #249 out of 489 companies for EV-to-EBIT. This places Tata Steel in the lower half of its industry. The industry median EV-to-EBIT is 12.95. Tata Steel's value of 12.86 is 0.7% below this benchmark. Historically, Tata Steel's own EV-to-EBIT has ranged from 1.20 to 66.65 over the past decade. While the company's 10-year median is 9.29 vs. the industry median of 12.95, Tata Steel has consistently been below 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 EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 12.95, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tata Steel's current EV-to-EBIT of 12.86 is 0.7% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tata Steel and its competitors. For the Steel industry, the median EV-to-EBIT is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Steel's current EV-to-EBIT is 12.86, which is 38% above median its own 10-year median of 9.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel (LSE:TTST) is currently considered Fairly Valued. The stock's GF Value™ is $18.19, compared to a current price of $19.95 — trading 9.7% above its estimated fair value. The current EV-to-EBIT is 12.86, which is 38% above median its 10-year median of 9.29 and 0.7% below the Steel industry median of 12.95. Tata Steel's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Tata Steel (LSE:TTST), the current EV-to-EBIT is 12.86 as of Aug. 10, 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 Tata Steel (LSE:TTST) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Steel stock appears to be overvalued. The current stock price of $19.95 is trading 9.7% above its estimated GF Value™ of $18.19. GuruFocus considers Tata Steel to be Fairly Valued.

Key valuation signals for LSE:TTST:

  • EV-to-EBIT: 12.86 (38% above median its 10-year median of 9.29)
  • GF Value™: $18.19 vs. price of $19.95 (9.7% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 0.7% below the Steel median (#249 of 489)

No single metric tells the full story. See the LSE:TTST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tata Steel Business Description

Address 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400 001
Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strips. Its segments include Tata Steel India, Neelachal Ispat Nigam Limited, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and Rest of the world. It generates the majority of its revenue from the Tata Steel India segment.
66GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.95
Price
$18.19
GF Value