Jindal Stainless (NSE:JSL) EV-to-EBITDA: 10.82 (As of Aug. 20, 2026) — 99% Above Median

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NSE:JSL Jindal Stainless Ltd NSE:JSL
92 GF Score
Price ₹718.40
GF Value ₹793.27
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Jindal Stainless EV-to-EBITDA?

Jindal Stainless NSE:JSL -0.77% 92 EV-to-EBITDA is 10.82 as of Aug. 20, 2026, which is 99% above its 10-year median of 5.45. GuruFocus rates NSE:JSL with a GF Score™ of 92/100 and a GF Value™ of ₹793.27 (Fairly Valued). The stock has 1 warning sign investors should review. Among 531 Steel companies, Jindal Stainless ranks worse than 56.12% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Jindal Stainless's enterprise value is ₹647,772 Mil. Jindal Stainless's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹59,874 Mil. Therefore, Jindal Stainless's EV-to-EBITDA for today is 10.82.

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

NSE:JSL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.95   Med: 5.45   Max: 14.56
Current: 10.83

During the past 13 years, the highest EV-to-EBITDA of Jindal Stainless was 14.56. The lowest was 0.95. And the median was 5.45.

NSE:JSL's EV-to-EBITDA is ranked worse than
56.12% of 531 companies
in the Steel industry
Industry Median: 9.82 vs NSE:JSL: 10.83

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.

As of today (2026-08-20), Jindal Stainless's stock price is ₹718.40. Jindal Stainless's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹39.370. Therefore, Jindal Stainless's PE Ratio (TTM) for today is 18.25.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Jindal Stainless  (NSE:JSL) EV-to-EBITDA Explanation

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 Stainless's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=718.40/39.370
=18.25

Jindal Stainless's share price for today is ₹718.40.
Jindal Stainless'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 ₹39.370.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Jindal Stainless EV-to-EBITDA Related Terms


Jindal Stainless EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jindal Stainless'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.

Jindal Stainless EV-to-EBITDA Chart

Jindal Stainless Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 7.14 12.41 10.94 11.02

Jindal Stainless Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 11.60 12.33 12.66 11.02 9.53

NSE:JSL vs NUE, STLD, RS: EV-to-EBITDA Comparison

For the Steel subindustry, Jindal Stainless'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 Stainless EV-to-EBITDA vs Steel Industry

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

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


NSE:JSL
92GF Score
Jindal Stainless Ltd NSE:JSL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jindal Stainless EV-to-EBITDA Calculation

Jindal Stainless's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=647771.651/59874.3
=10.82

Jindal Stainless's current Enterprise Value is ₹647,772 Mil.
Jindal Stainless'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 ₹59,874 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-EBITDA →
What does a EV-to-EBITDA of 10.82 mean?
Jindal Stainless (NSE:JSL) has a EV-to-EBITDA of 10.82 as of Aug. 20, 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 Stainless. This is 99% above median its historical median of 5.45. Over the past decade, Jindal Stainless' EV-to-EBITDA has ranged from 0.95 to 14.56. According to the industry distribution chart, Jindal Stainless ranks #298 out of 531 companies in the Steel industry, placing it in the top 56.1%.
Is Jindal Stainless' EV-to-EBITDA too high?
Jindal Stainless' current EV-to-EBITDA of 10.82 is 99% above median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 14.56. The Steel industry median EV-to-EBITDA is 9.82. Jindal Stainless' value of 10.82 is 10.2% above this industry median. Based on the distribution chart, Jindal Stainless ranks #298 out of 531 companies in the Steel industry, which is below the industry midpoint. Overall, Jindal Stainless has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jindal Stainless' EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Stainless ranks #298 out of 531 companies for EV-to-EBITDA. This places Jindal Stainless in the lower half of its industry. The industry median EV-to-EBITDA is 9.82. Jindal Stainless' value of 10.82 is 10.2% above this benchmark. Historically, Jindal Stainless' own EV-to-EBITDA has ranged from 0.95 to 14.56 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 9.82, Jindal Stainless 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 9.82, based on 531 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 Stainless's current EV-to-EBITDA of 10.82 is 10.2% 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-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 Stainless. For the Steel industry, the median EV-to-EBITDA is 9.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Stainless's current EV-to-EBITDA is 10.82, which is 99% above median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Stainless stock overvalued right now?
Based on GuruFocus' analysis, Jindal Stainless (NSE:JSL) is currently considered Fairly Valued. The stock's GF Value™ is ₹793.27, compared to a current price of ₹718.40 — trading 9.4% below its estimated fair value. The current EV-to-EBITDA is 10.82, which is 99% above median its 10-year median of 5.45 and 10.2% above the Steel industry median of 9.82. Jindal Stainless' overall GF Score™ is 92/100 with 1 warning sign 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 Stainless (NSE:JSL), the current EV-to-EBITDA is 10.82 as of Aug. 20, 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 Stainless (NSE:JSL) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Stainless stock appears to be undervalued. The current stock price of ₹718.40 is trading 9.4% below its estimated GF Value™ of ₹793.27. GuruFocus considers Jindal Stainless to be Fairly Valued.

Key valuation signals for NSE:JSL:

  • EV-to-EBITDA: 10.82 (99% above median its 10-year median of 5.45)
  • GF Value™: ₹793.27 vs. price of ₹718.40 (9.4% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 10.2% above the Steel median (#298 of 531)

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


Jindal Stainless Business Description

Other Exchanges 532508:India
Address Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives the majority of the revenue from the sale of steel products.
92GF Score

Get the complete analysis for NSE:JSL

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

₹718.40
Price
₹793.27
GF Value