Jindal Stainless Limited
JSL
Rank in Stocks
#2797
Established in 1970 and headquartered in New Delhi, India, Jindal Stainless... Established in 1970 and headquartered in New Delhi, India, Jindal Stainless Limited is a global manufacturer and supplier of stainless steel products. The company's comprehensive portfolio includes ferro alloys, stainless steel slabs, and a range of hot-rolled and cold-rolled coils, plates, and sheets. These materials serve a diverse array of industries, such as automotive, railway and transportation, architecture, building and construction, chemical and petrochemical processing, capital goods, consumer durables, nuclear applications, precision strip and blade steel, coin blanks, plumbing, and various other industrial processes.
Share Price
$8.11
Last synced: 2026-10-19
Market Cap
$6.68B
Change (1 day)
-0.14%
Change (1 year)
-9.19%
Country
IN
Trade Jindal Stainless Limited (JSL)
Category
Basic Materials
P/E ratio for Jindal Stainless Limited (JSL)
P/E ratio as of October 2026 TTM: 18.31
According to Jindal Stainless Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.31. At the end of 2024 the company had a P/E ratio of 21.84.
P/E ratio history for Jindal Stainless Limited from 2005 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 18.31 | -3.45% |
| 2025 | 18.96 | -13.21% |
| 2024 | 21.84 | 93.56% |
| 2023 | 11.29 | 233.62% |
| 2022 | 3.38 | -58.28% |
| 2021 | 8.11 | -52.28% |
| 2020 | 16.99 | -7.28% |
| 2019 | 18.33 | 20.30% |
| 2018 | 15.24 | -65.29% |
| 2017 | 43.89 | -2,108.81% |
| 2016 | -2.19 | -177.69% |
| 2015 | 2.81 | -619.87% |
| 2014 | -0.54 | -59.04% |
| 2013 | -1.32 | -85.55% |
| 2012 | -9.14 | -268.34% |
| 2011 | 5.43 | -5.80% |
| 2010 | 5.76 | -516.39% |
| 2009 | -1.38 | -112.50% |
| 2008 | 11.07 | 48.63% |
| 2007 | 7.45 | 129.88% |
| 2006 | 3.24 | 86.08% |
| 2005 | 1.74 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 20.49 | 11.92% |
US
|
|
| 26.40 | 44.23% |
LU
|
|
| 21.94 | 19.88% |
US
|
|
| 11.71 | -36.03% |
IN
|
|
| 19.88 | 8.62% |
IN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.