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). JSW Steel's share price for the quarter that ended in Mar. 2026 was ₹1122.5. JSW Steel's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 2,441 Mil. Therefore, JSW Steel's market cap for the quarter that ended in Mar. 2026 was ₹2,739,828 Mil.
JSW Steel's quarterly market cap
increased
from Sep. 2025 (₹2,791,098 Mil) to Dec. 2025 (₹2,842,849 Mil) but then
declined
from Dec. 2025 (₹2,842,849 Mil) to Mar. 2026 (₹2,739,828 Mil).
JSW Steel's annual market cap
increased
from Mar. 2024 (₹2,022,784 Mil) to Mar. 2025 (₹2,594,717 Mil) and
increased
from Mar. 2025 (₹2,594,717 Mil) to Mar. 2026 (₹2,739,828 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. JSW Steel's Enterprise Value for Today is ₹3,706,118 Mil.
JSW Steel (NSE:JSWSTEEL) 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.
JSW Steel Market Cap Related Terms
JSW Steel Market Cap Historical Data
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The historical data trend for JSW 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:JSWSTEEL vs NUE, STLD, RS: Market Cap Comparison
For the Steel subindustry, JSW 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.
JSW Steel Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, JSW Steel's Market Cap distribution charts can be found below:
* The bar in red indicates where JSW 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.
JSW 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.
JSW Steel (NSE:JSWSTEEL) has a Market Cap of ₹2,968,168 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on JSW Steel and its competitors. According to the industry distribution chart, JSW Steel ranks #4 out of 640 companies in the Steel industry, placing it in the top 0.59999999999999%.
Is JSW Steel's Market Cap too high?
JSW Steel's current Market Cap is ₹2,968,168 Mil. Based on the distribution chart, JSW Steel ranks #4 out of 640 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 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Steel's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, JSW Steel ranks #4 out of 640 companies for Market Cap. This places JSW Steel in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 101.21. 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 101.21, based on 640 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 JSW Steel and its competitors. For the Steel industry, the median Market Cap is 101.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Steel's current Market Cap is ₹2,968,168 Mil. 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 ₹1,038.50, compared to a current price of ₹1,216.20 — trading 17.1% above its estimated fair value. The current Market Cap is ₹2,968,168 Mil. JSW Steel's overall GF Score™ is 87/100 with 8 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 JSW Steel (NSE:JSWSTEEL), the current Market Cap is ₹2,968,168 Mil as of Jul. 02, 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 ₹1,216.20 is trading 17.1% above its estimated GF Value™ of ₹1,038.50.
GuruFocus considers JSW Steel to be Modestly Overvalued.
Key valuation signals for NSE:JSWSTEEL:
Market Cap: ₹2,968,168 Mil
GF Value™: ₹1,038.50 vs. price of ₹1,216.20 (17.1% 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.
87GF Score
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