Jindal Steel (NSE:JINDALSTEL) EV-to-EBIT: 24.80 (As of Sep. 21, 2026) — 109% Above Median

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NSE:JINDALSTEL Jindal Steel Ltd NSE:JINDALSTEL
74 GF Score
Price ₹1,119.50
GF Value ₹1,140.38
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Jindal Steel EV-to-EBIT?

Jindal Steel NSE:JINDALSTEL -0.79% 74 EV-to-EBIT is 24.80 as of Sep. 21, 2026, which is 109% above its 10-year median of 11.85. GuruFocus rates NSE:JINDALSTEL with a GF Score™ of 74/100 and a GF Value™ of ₹1,140.38 (Fairly Valued). The stock has 4 warning signs investors should review. Among 486 Steel companies, Jindal Steel ranks worse than 75.1% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Jindal Steel's Enterprise Value is ₹1,334,862 Mil. Jindal Steel's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹53,836 Mil. Therefore, Jindal Steel's EV-to-EBIT for today is 24.80.

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

NSE:JINDALSTEL' s EV-to-EBIT Range Over the Past 10 Years
Min: -45.23   Med: 11.85   Max: 512.56
Current: 24.87

During the past 13 years, the highest EV-to-EBIT of Jindal Steel was 512.56. The lowest was -45.23. And the median was 11.85.

NSE:JINDALSTEL's EV-to-EBIT is ranked worse than
75.1% of 486 companies
in the Steel industry
Industry Median: 12.765 vs NSE:JINDALSTEL: 24.87

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Jindal Steel's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil. Jindal Steel's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹53,836 Mil. Jindal Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Jindal Steel  (NSE:JINDALSTEL) 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) %.

Jindal 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 )
=53835.7/
= %

Jindal Steel's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil.
Jindal 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 ₹53,836 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.


Jindal Steel EV-to-EBIT Related Terms


Jindal Steel EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Jindal 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.

Jindal Steel EV-to-EBIT Chart

Jindal 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 4.93 10.33 12.61 17.87 21.20

Jindal 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 - 22.04 - 21.95 -

NSE:JINDALSTEL vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Jindal 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.


Jindal Steel EV-to-EBIT vs Steel Industry

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

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


NSE:JINDALSTEL
74GF Score
Jindal Steel Ltd NSE:JINDALSTEL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindal Steel EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1334861.986/53835.7
=24.80

Jindal Steel's current Enterprise Value is ₹1,334,862 Mil.
Jindal 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 ₹53,836 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 24.80 mean?
Jindal Steel (NSE:JINDALSTEL) has a EV-to-EBIT of 24.80 as of Sep. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Jindal Steel and its competitors. This is 109% above median its historical median of 11.85. According to the industry distribution chart, Jindal Steel ranks #365 out of 486 companies in the Steel industry, placing it in the top 75.1%.
Is Jindal Steel's EV-to-EBIT too high?
Jindal Steel's current EV-to-EBIT of 24.80 is 109% above median its 10-year median of 11.85. The Steel industry median EV-to-EBIT is 12.77. Jindal Steel's value of 24.80 is 94.3% above this industry median. Based on the distribution chart, Jindal Steel ranks #365 out of 486 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Jindal Steel has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jindal Steel's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Steel ranks #365 out of 486 companies for EV-to-EBIT. This places Jindal Steel in the lower half of its industry. The industry median EV-to-EBIT is 12.77. Jindal Steel's value of 24.80 is 94.3% above this benchmark. While the company's 10-year median is 11.85 vs. the industry median of 12.77, Jindal Steel 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 12.77, based on 486 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. Jindal Steel's current EV-to-EBIT of 24.80 is 94.3% 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 Jindal Steel and its competitors. For the Steel industry, the median EV-to-EBIT is 12.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Steel's current EV-to-EBIT is 24.80, which is 109% above median its own 10-year median of 11.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Steel stock overvalued right now?
Based on GuruFocus' analysis, Jindal Steel (NSE:JINDALSTEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,140.38, compared to a current price of ₹1,119.50 — trading 1.8% below its estimated fair value. The current EV-to-EBIT is 24.80, which is 109% above median its 10-year median of 11.85 and 94.3% above the Steel industry median of 12.77. Jindal Steel's overall GF Score™ is 74/100 with 4 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 Jindal Steel (NSE:JINDALSTEL), the current EV-to-EBIT is 24.80 as of Sep. 21, 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 Steel (NSE:JINDALSTEL) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Steel stock appears to be undervalued. The current stock price of ₹1,119.50 is trading 1.8% below its estimated GF Value™ of ₹1,140.38. GuruFocus considers Jindal Steel to be Fairly Valued.

Key valuation signals for NSE:JINDALSTEL:

  • EV-to-EBIT: 24.80 (109% above median its 10-year median of 11.85)
  • GF Value™: ₹1,140.38 vs. price of ₹1,119.50 (1.8% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 94.3% above the Steel median (#365 of 486)

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


Jindal Steel Business Description

Other Exchanges 532286:India
Address Bhikaiji Cama Place, Jindal Centre 12, New Delhi, IND, 110066
Jindal Steel Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors, with its presence in various countries. The iron and steel industry is the company's key revenue-generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.
74GF Score

Get the complete analysis for NSE:JINDALSTEL

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

₹1,119.50
Price
₹1,140.38
GF Value