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Jindal Steel & Power (BOM:532286) PEG Ratio : 2.38 (As of May. 15, 2024)


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What is Jindal Steel & Power PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Jindal Steel & Power's PE Ratio without NRI is 21.92. Jindal Steel & Power's 5-Year EBITDA growth rate is 9.20%. Therefore, Jindal Steel & Power's PEG Ratio for today is 2.38.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Jindal Steel & Power's PEG Ratio or its related term are showing as below:

BOM:532286' s PEG Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.54   Max: 9.69
Current: 2.35


During the past 13 years, Jindal Steel & Power's highest PEG Ratio was 9.69. The lowest was 0.15. And the median was 0.54.


BOM:532286's PEG Ratio is ranked worse than
72.59% of 259 companies
in the Steel industry
Industry Median: 0.72 vs BOM:532286: 2.35

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Jindal Steel & Power PEG Ratio Historical Data

The historical data trend for Jindal Steel & Power's PEG Ratio 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 Steel & Power PEG Ratio Chart

Jindal Steel & Power Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.29 0.28 0.81 2.04

Jindal Steel & Power Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PEG Ratio 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 0.81 1.15 2.36 2.22 2.04

Competitive Comparison of Jindal Steel & Power's PEG Ratio

For the Steel subindustry, Jindal Steel & Power's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 Steel & Power's PEG Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jindal Steel & Power's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Jindal Steel & Power's PEG Ratio falls into.



Jindal Steel & Power PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Jindal Steel & Power's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=21.923246581385/9.20
=2.38

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Jindal Steel & Power  (BOM:532286) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Jindal Steel & Power PEG Ratio Related Terms

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Jindal Steel & Power (BOM:532286) Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110 066
Jindal Steel & Power Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors. The iron and steel segment is the company's largest segment, representing the majority of the company's sales. Jindal Steel and Power's iron and steel segment manufacture a wide range of steel products that find applications in railway, road, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Jindal Steel and Power's power segment operates power plants and transmission lines. The company generates most of its revenue from the Indian domestic market.

Jindal Steel & Power (BOM:532286) Headlines

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