Zenith Steel Pipes & Industries (NSE:ZENITHSTL) EV-to-EBIT: 45.03 (As of Aug. 28, 2026) — 2361% Above Median

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NSE:ZENITHSTL Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
39 GF Score
Price ₹5.40
GF Value ₹2.76
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Zenith Steel Pipes & Industries EV-to-EBIT?

Zenith Steel Pipes & Industries NSE:ZENITHSTL +0.37% 39 EV-to-EBIT is 45.03 as of Aug. 28, 2026, which is 2361% above its 10-year median of 1.83. GuruFocus rates NSE:ZENITHSTL with a GF Score™ of 39/100 and a GF Value™ of ₹2.76 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 493 Steel companies, Zenith Steel Pipes & Industries ranks worse than 87.42% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zenith Steel Pipes & Industries's Enterprise Value is ₹2,952.2 Mil. Zenith Steel Pipes & Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹65.6 Mil. Therefore, Zenith Steel Pipes & Industries's EV-to-EBIT for today is 45.03.

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

NSE:ZENITHSTL' s EV-to-EBIT Range Over the Past 10 Years
Min: -53.7   Med: 1.83   Max: 148.26
Current: 45.03

During the past 13 years, the highest EV-to-EBIT of Zenith Steel Pipes & Industries was 148.26. The lowest was -53.70. And the median was 1.83.

NSE:ZENITHSTL's EV-to-EBIT is ranked worse than
87.42% of 493 companies
in the Steel industry
Industry Median: 12.57 vs NSE:ZENITHSTL: 45.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zenith Steel Pipes & Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹798.2 Mil. Zenith Steel Pipes & Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹65.6 Mil. Zenith Steel Pipes & Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.21%.


Zenith Steel Pipes & Industries  (NSE:ZENITHSTL) 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) %.

Zenith Steel Pipes & Industries'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 )
=65.561/798.1908
=8.21 %

Zenith Steel Pipes & Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹798.2 Mil.
Zenith Steel Pipes & Industries'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 ₹65.6 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.


Zenith Steel Pipes & Industries EV-to-EBIT Related Terms


Zenith Steel Pipes & Industries EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Zenith Steel Pipes & Industries'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.

Zenith Steel Pipes & Industries EV-to-EBIT Chart

Zenith Steel Pipes & Industries 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 11.32 -31.47 122.75 95.68 40.86

Zenith Steel Pipes & Industries 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 20.33 44.61 12.13 40.86 12.33

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

For the Steel subindustry, Zenith Steel Pipes & Industries'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.


Zenith Steel Pipes & Industries EV-to-EBIT vs Steel Industry

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

* The bar in red indicates where Zenith Steel Pipes & Industries's EV-to-EBIT falls into.


NSE:ZENITHSTL
39GF Score
Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenith Steel Pipes & Industries EV-to-EBIT Calculation

Zenith Steel Pipes & Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2952.201/65.561
=45.03

Zenith Steel Pipes & Industries's current Enterprise Value is ₹2,952.2 Mil.
Zenith Steel Pipes & Industries'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 ₹65.6 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 45.03 mean?
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a EV-to-EBIT of 45.03 as of Aug. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Zenith Steel Pipes & Industries and its competitors. This is 2361% above median its historical median of 1.83. According to the industry distribution chart, Zenith Steel Pipes & Industries ranks #431 out of 493 companies in the Steel industry, placing it in the top 87.4%.
Is Zenith Steel Pipes & Industries' EV-to-EBIT too high?
Zenith Steel Pipes & Industries' current EV-to-EBIT of 45.03 is 2361% above median its 10-year median of 1.83. The Steel industry median EV-to-EBIT is 12.57. Zenith Steel Pipes & Industries' value of 45.03 is 258.2% above this industry median. Based on the distribution chart, Zenith Steel Pipes & Industries ranks #431 out of 493 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Zenith Steel Pipes & Industries ranks #431 out of 493 companies for EV-to-EBIT. This places Zenith Steel Pipes & Industries in the lower half of its industry. The industry median EV-to-EBIT is 12.57. Zenith Steel Pipes & Industries' value of 45.03 is 258.2% above this benchmark. While the company's 10-year median is 1.83 vs. the industry median of 12.57, Zenith Steel Pipes & Industries 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 12.57, based on 493 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. Zenith Steel Pipes & Industries's current EV-to-EBIT of 45.03 is 258.2% 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 Zenith Steel Pipes & Industries and its competitors. For the Steel industry, the median EV-to-EBIT is 12.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Steel Pipes & Industries's current EV-to-EBIT is 45.03, which is 2361% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.76, compared to a current price of ₹5.40 — trading 95.7% above its estimated fair value. The current EV-to-EBIT is 45.03, which is 2361% above median its 10-year median of 1.83 and 258.2% above the Steel industry median of 12.57. Zenith Steel Pipes & Industries' overall GF Score™ is 39/100 with 9 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current EV-to-EBIT is 45.03 as of Aug. 28, 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued. The current stock price of ₹5.40 is trading 95.7% above its estimated GF Value™ of ₹2.76. GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.

Key valuation signals for NSE:ZENITHSTL:

  • EV-to-EBIT: 45.03 (2361% above median its 10-year median of 1.83)
  • GF Value™: ₹2.76 vs. price of ₹5.40 (95.7% above fair value)
  • GF Score™: 39/100 with 9 warning signs
  • Industry Position: 258.2% above the Steel median (#431 of 493)

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


Zenith Steel Pipes & Industries Business Description

Other Exchanges 531845:India
Address 206, J.B. Marg, 1st Floor, Dalamal House, Nariman Point, Mumbai, MH, IND, 400021
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
39GF Score

Get the complete analysis for NSE:ZENITHSTL

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

₹5.40
Price
₹2.76
GF Value