Zenith Steel Pipes & Industries's quarterly market cap
increased
from Sep. 2025 (₹984.6 Mil) to Dec. 2025 (₹1,037.2 Mil) but then
declined
from Dec. 2025 (₹1,037.2 Mil) to Mar. 2026 (₹661.6 Mil).
Zenith Steel Pipes & Industries's annual market cap
declined
from Mar. 2024 (₹1,067.1 Mil) to Mar. 2025 (₹924.8 Mil) and
declined
from Mar. 2025 (₹924.8 Mil) to Mar. 2026 (₹661.6 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. Zenith Steel Pipes & Industries's Enterprise Value for Today is ₹2,984.9 Mil.
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) 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.
Zenith Steel Pipes & Industries Market Cap Related Terms
Zenith Steel Pipes & Industries Market Cap Historical Data
* 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:ZENITHSTL vs NUE, STLD, RS: Market Cap Comparison
For the Steel subindustry, Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Zenith Steel Pipes & Industries's Market Cap falls into.
Zenith Steel Pipes & Industries Market Cap Calculation
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.
* 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.
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a Market Cap of ₹798.2 Mil as of Jul. 05, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Zenith Steel Pipes & Industries and its competitors. According to the industry distribution chart, Zenith Steel Pipes & Industries ranks #555 out of 640 companies in the Steel industry, placing it in the top 86.7%.
Is Zenith Steel Pipes & Industries' Market Cap too high?
Zenith Steel Pipes & Industries' current Market Cap is ₹798.2 Mil. Based on the distribution chart, Zenith Steel Pipes & Industries ranks #555 out of 640 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Zenith Steel Pipes & Industries ranks #555 out of 640 companies for Market Cap. This places Zenith Steel Pipes & Industries in the lower half of its industry. The industry median Market Cap is 98.84. 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 98.84, 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 Zenith Steel Pipes & Industries and its competitors. For the Steel industry, the median Market Cap is 98.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Steel Pipes & Industries's current Market Cap is ₹798.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.26, compared to a current price of ₹5.61 — trading 72.1% above its estimated fair value. The current Market Cap is ₹798.2 Mil. Zenith Steel Pipes & Industries' overall GF Score™ is 47/100 with 7 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current Market Cap is ₹798.2 Mil as of Jul. 05, 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued.
The current stock price of ₹5.61 is trading 72.1% above its estimated GF Value™ of ₹3.26.
GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.
Key valuation signals for NSE:ZENITHSTL:
Market Cap: ₹798.2 Mil
GF Value™: ₹3.26 vs. price of ₹5.61 (72.1% above fair value)
No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenith Steel Pipes & Industries Business Description
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
47GF Score
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