Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
APL Apollo Tubes (NSE:APLAPOLLO) 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.
APL Apollo Tubes's Enterprise Value for the quarter that ended in Jun. 2026 was ₹496,647 Mil.
APL Apollo Tubes'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 ₹17,309 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.
APL Apollo Tubes EV-to-EBIT Related Terms
APL Apollo Tubes EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for APL Apollo Tubes'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.
NSE:APLAPOLLO vs NUE, STLD, RS: EV-to-EBIT Comparison
For the Steel subindustry, APL Apollo Tubes'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.
APL Apollo Tubes EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, APL Apollo Tubes's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where APL Apollo Tubes's EV-to-EBIT falls into.
APL Apollo Tubes's current Enterprise Value is ₹584,919 Mil.
APL Apollo Tubes'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 ₹17,309 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.
APL Apollo Tubes (NSE:APLAPOLLO) has a EV-to-EBIT of 33.79 as of Sep. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on APL Apollo Tubes and its competitors. This is 20% above median its historical median of 28.25. Over the past decade, APL Apollo Tubes' EV-to-EBIT has ranged from 6.70 to 52.29. According to the industry distribution chart, APL Apollo Tubes ranks #402 out of 494 companies in the Steel industry, placing it in the top 81.4%.
Is APL Apollo Tubes' EV-to-EBIT too high?
APL Apollo Tubes' current EV-to-EBIT of 33.79 is 20% above median its 10-year median of 28.25. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 52.29. The Steel industry median EV-to-EBIT is 12.67. APL Apollo Tubes' value of 33.79 is 166.8% above this industry median. Based on the distribution chart, APL Apollo Tubes ranks #402 out of 494 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, APL Apollo Tubes has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #402 out of 494 companies for EV-to-EBIT. This places APL Apollo Tubes in the lower half of its industry. The industry median EV-to-EBIT is 12.67. APL Apollo Tubes' value of 33.79 is 166.8% above this benchmark. Historically, APL Apollo Tubes' own EV-to-EBIT has ranged from 6.70 to 52.29 over the past decade. While the company's 10-year median is 28.25 vs. the industry median of 12.67, APL Apollo Tubes 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 EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 12.67, based on 494 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. APL Apollo Tubes's current EV-to-EBIT of 33.79 is 166.8% 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 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 APL Apollo Tubes and its competitors. For the Steel industry, the median EV-to-EBIT is 12.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APL Apollo Tubes's current EV-to-EBIT is 33.79, which is 20% above median its own 10-year median of 28.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APL Apollo Tubes stock overvalued right now?
Based on GuruFocus' analysis, APL Apollo Tubes (NSE:APLAPOLLO) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,054.89, compared to a current price of ₹2,159.40 — trading 5.1% above its estimated fair value. The current EV-to-EBIT is 33.79, which is 20% above median its 10-year median of 28.25 and 166.8% above the Steel industry median of 12.67. APL Apollo Tubes' overall GF Score™ is 90/100 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 APL Apollo Tubes (NSE:APLAPOLLO), the current EV-to-EBIT is 33.79 as of Sep. 04, 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 APL Apollo Tubes (NSE:APLAPOLLO) Overvalued in 2026?
Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be overvalued.
The current stock price of ₹2,159.40 is trading 5.1% above its estimated GF Value™ of ₹2,054.89.
GuruFocus considers APL Apollo Tubes to be Fairly Valued.
Key valuation signals for NSE:APLAPOLLO:
EV-to-EBIT: 33.79 (20% above median its 10-year median of 28.25)
GF Value™: ₹2,054.89 vs. price of ₹2,159.40 (5.1% above fair value)
Industry Position: 166.8% above the Steel median (#402 of 494)
No single metric tells the full story. See the NSE:APLAPOLLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APL Apollo Tubes Ltd is a manufacturer of steel pipes and tubes. Its multi-product offerings include Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections. It operates in a single segment, which is the business of production of ERW steel tubes. Geographically, it operates only in India.
90GF Score
Get the complete analysis for NSE:APLAPOLLO
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:APLAPOLLO has been successfully added to your 
