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Jindal Stainless (BOM:532508) EV-to-EBIT : 14.65 (As of May. 15, 2024)


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What is Jindal Stainless EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Jindal Stainless's Enterprise Value is ₹626,285 Mil. Jindal Stainless's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹42,757 Mil. Therefore, Jindal Stainless's EV-to-EBIT for today is 14.65.

The historical rank and industry rank for Jindal Stainless's EV-to-EBIT or its related term are showing as below:

BOM:532508' s EV-to-EBIT Range Over the Past 10 Years
Min: -52.73   Med: 9.97   Max: 1441.4
Current: 14.65

During the past 13 years, the highest EV-to-EBIT of Jindal Stainless was 1441.40. The lowest was -52.73. And the median was 9.97.

BOM:532508's EV-to-EBIT is ranked worse than
63.65% of 498 companies
in the Steel industry
Industry Median: 11.135 vs BOM:532508: 14.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Jindal Stainless's Enterprise Value for the quarter that ended in Dec. 2023 was ₹471,417 Mil. Jindal Stainless's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹42,757 Mil. Jindal Stainless's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.07%.


Jindal Stainless EV-to-EBIT Historical Data

The historical data trend for Jindal Stainless's EV-to-EBIT 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.

* Premium members only.

Jindal Stainless EV-to-EBIT Chart

Jindal Stainless Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.96 7.64 5.87 3.24 8.84

Jindal Stainless Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 2.78 8.84 8.09 10.89 11.03

Competitive Comparison of Jindal Stainless's EV-to-EBIT

For the Steel subindustry, Jindal Stainless's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Stainless's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jindal Stainless's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jindal Stainless's EV-to-EBIT falls into.



Jindal Stainless EV-to-EBIT Calculation

Jindal Stainless's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=626285.066/42756.9
=14.65

Jindal Stainless's current Enterprise Value is ₹626,285 Mil.
Jindal Stainless's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹42,757 Mil.

* 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 Stainless  (BOM:532508) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Jindal Stainless's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=42756.9/471416.5375
=9.07 %

Jindal Stainless's Enterprise Value for the quarter that ended in Dec. 2023 was ₹471,417 Mil.
Jindal Stainless's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹42,757 Mil.

* 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 Stainless EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Jindal Stainless's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jindal Stainless (BOM:532508) Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives most of the revenue from the sale of steel products.

Jindal Stainless (BOM:532508) Headlines

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