Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
JSW Steel's earnings per share without non-recurring items for the
three
months ended in Jun. 2026 was ₹19.02.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2026 was ₹39.96.
During the past 12 months, JSW Steel's average earnings per share (NRI) Growth Rate was 88.50% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 23.40% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was -13.30% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 10.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for JSW Steel's EPS without NRI or its related term are showing as below:
NSE:JSWSTEEL'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -43 Med: 4.3 Max: 103.8
Current: 23.4
During the past 13 years, JSW Steel's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 103.80% per year. The lowest was -43.00% per year. And the median was 4.30% per year.
NSE:JSWSTEEL's 3-Year EPS without NRI Growth Rate is ranked better than 78.29% of 456
companies
in the Steel industry
Industry Median: -2.9
vs NSE:JSWSTEEL: 23.40
JSW Steel's EPS (Diluted) for the
three
months ended in Jun. 2026 was ₹19.02.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹101.35.
JSW Steel's EPS (Basic) for the
three
months ended in Jun. 2026 was ₹19.05.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹101.54.
JSW Steel (NSE:JSWSTEEL) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
JSW Steel EPS without NRI Related Terms
JSW Steel EPS without NRI Historical Data
* Premium members only.
The historical data trend for JSW Steel's EPS without NRI 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: EPS without NRI Comparison
For the Steel subindustry, JSW Steel's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Steel Industry
For the Steel industry and Basic Materials sector, JSW Steel's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where JSW Steel's PE Ratio without NRI falls into.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI 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 ₹39.96
* 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 EPS without NRI of ₹39.96 as of Jun. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on JSW Steel and its competitors. According to the industry distribution chart, JSW Steel ranks #99 out of 456 companies in the Steel industry, placing it in the top 21.7%.
Is JSW Steel's EPS without NRI too high?
JSW Steel's current EPS without NRI is ₹39.96. Based on the distribution chart, JSW Steel ranks #99 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. 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 EPS without NRI compare to NUE and STLD?
According to the Steel industry distribution chart, JSW Steel ranks #99 out of 456 companies for EPS without NRI. This places JSW Steel in the top 22% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Steel company?
A good EPS without NRI depends on the Steel industry context. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on JSW Steel and its competitors. JSW Steel's current EPS without NRI is ₹39.96. 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 ₹1,080.94, compared to a current price of ₹1,237.30 — trading 14.5% above its estimated fair value. The current EPS without NRI is ₹39.96. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For JSW Steel (NSE:JSWSTEEL), the current EPS without NRI is ₹39.96 as of Jun. 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 ₹1,237.30 is trading 14.5% above its estimated GF Value™ of ₹1,080.94.
GuruFocus considers JSW Steel to be Modestly Overvalued.
Key valuation signals for NSE:JSWSTEEL:
EPS without NRI: ₹39.96
GF Value™: ₹1,080.94 vs. price of ₹1,237.30 (14.5% above fair value)
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
Get the complete analysis for NSE:JSWSTEEL
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:JSWSTEEL has been successfully added to your 
