Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Jindal Steel's share price for the quarter that ended in Mar. 2026 was ₹1113.1. Jindal Steel's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,017 Mil. Therefore, Jindal Steel's market cap for the quarter that ended in Mar. 2026 was ₹1,132,566 Mil.
Jindal Steel's quarterly market cap
declined
from Sep. 2025 (₹1,082,353 Mil) to Dec. 2025 (₹1,072,229 Mil) but then
increased
from Dec. 2025 (₹1,072,229 Mil) to Mar. 2026 (₹1,132,566 Mil).
Jindal Steel's annual market cap
increased
from Mar. 2024 (₹851,212 Mil) to Mar. 2025 (₹923,046 Mil) and
increased
from Mar. 2025 (₹923,046 Mil) to Mar. 2026 (₹1,132,566 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Jindal Steel's Enterprise Value for Today is ₹1,234,584 Mil.
Jindal Steel (NSE:JINDALSTEL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Jindal Steel Market Cap Related Terms
Jindal Steel Market Cap Historical Data
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The historical data trend for Jindal Steel's Market Cap 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: Market Cap Comparison
For the Steel subindustry, Jindal Steel's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Jindal Steel's Market Cap distribution charts can be found below:
* The bar in red indicates where Jindal Steel's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Jindal Steel's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Market Cap of ₹1,069,990 Mil as of Jul. 12, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Jindal Steel and its competitors. According to the industry distribution chart, Jindal Steel ranks #11 out of 639 companies in the Steel industry, placing it in the top 1.7%.
Is Jindal Steel's Market Cap too high?
Jindal Steel's current Market Cap is ₹1,069,990 Mil. Based on the distribution chart, Jindal Steel ranks #11 out of 639 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Jindal Steel has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Steel's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Steel ranks #11 out of 639 companies for Market Cap. This places Jindal Steel in the top 2% of its industry — outperforming the majority of peers. The industry median Market Cap is 99.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 99.54, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Jindal Steel and its competitors. For the Steel industry, the median Market Cap is 99.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Steel's current Market Cap is ₹1,069,990 Mil. 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 Modestly Undervalued. The stock's GF Value™ is ₹1,183.63, compared to a current price of ₹1,051.30 — trading 11.2% below its estimated fair value. The current Market Cap is ₹1,069,990 Mil. Jindal Steel's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Jindal Steel (NSE:JINDALSTEL), the current Market Cap is ₹1,069,990 Mil as of Jul. 12, 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 ₹1,051.30 is trading 11.2% below its estimated GF Value™ of ₹1,183.63.
GuruFocus considers Jindal Steel to be Modestly Undervalued.
Key valuation signals for NSE:JINDALSTEL:
Market Cap: ₹1,069,990 Mil
GF Value™: ₹1,183.63 vs. price of ₹1,051.30 (11.2% below fair value)
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.
80GF Score
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