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Jindal SteelNSE:JINDALSTEL -0.79%74 EV-to-EBITDA is 15.24 as of Sep. 22, 2026, which is 113% above its 10-year median of 7.14. 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 540 Steel companies, Jindal Steel ranks worse than 71.48% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Jindal Steel's enterprise value is ₹1,334,862 Mil.
Jindal Steel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹87,599 Mil. Therefore, Jindal Steel's EV-to-EBITDA for today is 15.24.
The historical rank and industry rank for Jindal Steel's EV-to-EBITDA or its related term are showing as below:
NSE:JINDALSTEL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.46 Med: 7.14 Max: 17.35
Current: 15.27
During the past 13 years, the highest EV-to-EBITDA of Jindal Steel was 17.35. The lowest was 1.46. And the median was 7.14.
NSE:JINDALSTEL's EV-to-EBITDA is ranked worse than 71.48% of 540
companies
in the Steel industry
Industry Median: 9.125
vs NSE:JINDALSTEL: 15.27
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Jindal Steel's PE Ratio (TTM) for today is calculated as:
Jindal Steel's share price for today is ₹1130.60.
Jindal Steel's Earnings per Share (Diluted) 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 ₹26.712.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Jindal Steel's EV-to-EBITDA 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:JINDALSTEL vs NUE, STLD, RS: EV-to-EBITDA Comparison
For the Steel subindustry, Jindal Steel's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Jindal Steel's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Jindal Steel's EV-to-EBITDA falls into.
Jindal Steel's current Enterprise Value is ₹1,334,862 Mil.
Jindal Steel's EBITDA 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 ₹87,599 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 (NSE:JINDALSTEL) has a EV-to-EBITDA of 15.24 as of Sep. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Jindal Steel. This is 113% above median its historical median of 7.14. Over the past decade, Jindal Steel's EV-to-EBITDA has ranged from 1.46 to 17.35. According to the industry distribution chart, Jindal Steel ranks #386 out of 540 companies in the Steel industry, placing it in the top 71.5%.
Is Jindal Steel's EV-to-EBITDA too high?
Jindal Steel's current EV-to-EBITDA of 15.24 is 113% above median its 10-year median of 7.14. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 17.35. The Steel industry median EV-to-EBITDA is 9.13. Jindal Steel's value of 15.24 is 67% above this industry median. Based on the distribution chart, Jindal Steel ranks #386 out of 540 companies in the Steel industry, which is below the industry midpoint. 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-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Steel ranks #386 out of 540 companies for EV-to-EBITDA. This places Jindal Steel in the lower half of its industry. The industry median EV-to-EBITDA is 9.13. Jindal Steel's value of 15.24 is 67% above this benchmark. Historically, Jindal Steel's own EV-to-EBITDA has ranged from 1.46 to 17.35 over the past decade. While the company's 10-year median is 7.14 vs. the industry median of 9.13, 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-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.13, based on 540 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jindal Steel's current EV-to-EBITDA of 15.24 is 67% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Jindal Steel. For the Steel industry, the median EV-to-EBITDA is 9.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Steel's current EV-to-EBITDA is 15.24, which is 113% above median its own 10-year median of 7.14. 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 ₹1,130.60 — trading 0.9% below its estimated fair value. The current EV-to-EBITDA is 15.24, which is 113% above median its 10-year median of 7.14 and 67% above the Steel industry median of 9.13. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Jindal Steel (NSE:JINDALSTEL), the current EV-to-EBITDA is 15.24 as of Sep. 22, 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 ₹1,130.60 is trading 0.9% 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-EBITDA: 15.24 (113% above median its 10-year median of 7.14)
GF Value™: ₹1,140.38 vs. price of ₹1,130.60 (0.9% below fair value)
Industry Position: 67% above the Steel median (#386 of 540)
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 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
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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