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JSW SteelNSE:JSWSTEEL -0.46%90 EV-to-EBITDA is 7.78 as of Aug. 22, 2026, which is 1% above its 10-year median of 7.70. GuruFocus rates NSE:JSWSTEEL with a GF Score™ of 90/100 and a GF Value™ of ₹1,103.58 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 529 Steel companies, JSW Steel ranks better than 62.76% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, JSW Steel's enterprise value is ₹3,901,876 Mil.
JSW Steel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹501,360 Mil. Therefore, JSW Steel's EV-to-EBITDA for today is 7.78.
The historical rank and industry rank for JSW Steel's EV-to-EBITDA or its related term are showing as below:
NSE:JSWSTEEL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.75 Med: 7.7 Max: 15.57
Current: 7.78
During the past 13 years, the highest EV-to-EBITDA of JSW Steel was 15.57. The lowest was 2.75. And the median was 7.70.
NSE:JSWSTEEL's EV-to-EBITDA is ranked better than 62.76% of 529
companies
in the Steel industry
Industry Median: 9.75
vs NSE:JSWSTEEL: 7.78
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.
JSW Steel's share price for today is ₹1293.70.
JSW 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 ₹101.350.
* 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 JSW 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:JSWSTEEL vs NUE, STLD, RS: EV-to-EBITDA Comparison
For the Steel subindustry, JSW 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.
JSW Steel EV-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, JSW Steel's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where JSW Steel's EV-to-EBITDA falls into.
JSW Steel's current Enterprise Value is ₹3,901,876 Mil.
JSW 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 ₹501,360 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.
JSW Steel (NSE:JSWSTEEL) has a EV-to-EBITDA of 7.78 as of Aug. 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 JSW Steel. This is near median its historical median of 7.70. Over the past decade, JSW Steel's EV-to-EBITDA has ranged from 2.75 to 15.57. According to the industry distribution chart, JSW Steel ranks #197 out of 529 companies in the Steel industry, placing it in the top 37.2%.
Is JSW Steel's EV-to-EBITDA too high?
JSW Steel's current EV-to-EBITDA of 7.78 is near median its 10-year median of 7.70. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 15.57. The Steel industry median EV-to-EBITDA is 9.75. JSW Steel's value of 7.78 is 20.2% below this industry median. Based on the distribution chart, JSW Steel ranks #197 out of 529 companies in the Steel industry, which is above the industry midpoint. Overall, JSW Steel has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Steel's EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, JSW Steel ranks #197 out of 529 companies for EV-to-EBITDA. This puts JSW Steel in the upper half of its industry. The industry median EV-to-EBITDA is 9.75. JSW Steel's value of 7.78 is 20.2% below this benchmark. Historically, JSW Steel's own EV-to-EBITDA has ranged from 2.75 to 15.57 over the past decade. While the company's 10-year median is 7.70 vs. the industry median of 9.75, JSW Steel has consistently been below 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 9.75, based on 529 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. JSW Steel's current EV-to-EBITDA of 7.78 is 20.2% below 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 JSW Steel. For the Steel industry, the median EV-to-EBITDA is 9.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Steel's current EV-to-EBITDA is 7.78, which is near median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Steel stock overvalued right now?
Based on GuruFocus' analysis, JSW Steel (NSE:JSWSTEEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,103.58, compared to a current price of ₹1,293.70 — trading 17.2% above its estimated fair value. The current EV-to-EBITDA is 7.78, which is near median its 10-year median of 7.70 and 20.2% below the Steel industry median of 9.75. JSW Steel's overall GF Score™ is 90/100 with 7 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 JSW Steel (NSE:JSWSTEEL), the current EV-to-EBITDA is 7.78 as of Aug. 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 JSW Steel (NSE:JSWSTEEL) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Steel stock appears to be overvalued.
The current stock price of ₹1,293.70 is trading 17.2% above its estimated GF Value™ of ₹1,103.58.
GuruFocus considers JSW Steel to be Modestly Overvalued.
Key valuation signals for NSE:JSWSTEEL:
EV-to-EBITDA: 7.78 (near median its 10-year median of 7.70)
GF Value™: ₹1,103.58 vs. price of ₹1,293.70 (17.2% above fair value)
Industry Position: 20.2% below the Steel median (#197 of 529)
No single metric tells the full story. See the NSE:JSWSTEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.
90GF Score
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