JSW Steel (NSE:JSWSTEEL) ROE % Adjusted to Book Value: 23.89% (As of Mar. 2026)


NSE:JSWSTEEL JSW Steel Ltd NSE:JSWSTEEL
89 GF Score
Price ₹1,230.20
GF Value ₹1,039.68
Valuation Modestly Overvalued
! 8 Warning Signs
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What is JSW Steel ROE % Adjusted to Book Value?

JSW Steel NSE:JSWSTEEL +0.52% 89 ROE % Adjusted to Book Value is 23.89% as of Mar. 2026. GuruFocus rates NSE:JSWSTEEL with a GF Score™ of 89/100 and a GF Value™ of ₹1,039.68 (Modestly Overvalued). The stock has 8 warning signs investors should review.

JSW Steel's ROE % for the quarter that ended in Mar. 2026 was 65.45%. JSW Steel's PB Ratio for the quarter that ended in Mar. 2026 was 2.74. JSW Steel's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 23.89%.


JSW Steel ROE % Adjusted to Book Value Related Terms


JSW Steel ROE % Adjusted to Book Value Historical Data

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The historical data trend for JSW Steel's ROE % Adjusted to Book Value 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.

JSW Steel ROE % Adjusted to Book Value Chart

JSW Steel Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.03 2.47 4.73 1.37 9.07

JSW Steel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.32 0.00 2.32 0.00 23.89

NSE:JSWSTEEL vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, JSW Steel's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, JSW Steel's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where JSW Steel's ROE % Adjusted to Book Value falls into.


NSE:JSWSTEEL
89GF Score
JSW Steel Ltd NSE:JSWSTEEL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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JSW Steel ROE % Adjusted to Book Value Calculation

JSW Steel's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=24.86% / 2.74
=9.07%

JSW Steel's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=65.45% / 2.74
=23.89%

* 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.

What does a ROE % Adjusted to Book Value of 23.89% mean?
JSW Steel (NSE:JSWSTEEL) has a ROE % Adjusted to Book Value of 23.89% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on JSW Steel and its competitors.
Is JSW Steel's ROE % Adjusted to Book Value too high?
JSW Steel's current ROE % Adjusted to Book Value is 23.89%. Overall, JSW Steel has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Steel's ROE % Adjusted to Book Value compare to NUE and STLD?
JSW Steel's ROE % Adjusted to Book Value of 23.89% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on JSW Steel and its competitors. JSW Steel's current ROE % Adjusted to Book Value is 23.89%. 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 ₹1,039.68, compared to a current price of ₹1,230.20 — trading 18.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 23.89%. JSW Steel's overall GF Score™ is 89/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For JSW Steel (NSE:JSWSTEEL), the current ROE % Adjusted to Book Value is 23.89% as of Mar. 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 ₹1,230.20 is trading 18.3% above its estimated GF Value™ of ₹1,039.68. GuruFocus considers JSW Steel to be Modestly Overvalued.

Key valuation signals for NSE:JSWSTEEL:

  • ROE % Adjusted to Book Value: 23.89%
  • GF Value™: ₹1,039.68 vs. price of ₹1,230.20 (18.3% above fair value)
  • GF Score™: 89/100 with 8 warning signs

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 Business Description

Other Exchanges 500228:India
Address Bandra Kurla Complex, JSW Centre, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400051
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.
89GF Score

Get the complete analysis for NSE:JSWSTEEL

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,230.20
Price
₹1,039.68
GF Value