The historical rank and industry rank for Jindal Steel & Power's Pretax Margin % or its related term are showing as below:
BOM:532286'
s Pretax Margin % Range Over the Past 10 Years
Min: -16.97 Med: -3.38 Max: 18.57
Current: 12.86
BOM:532286's Pretax Margin % is ranked better than 83.64% of 599
companies
in the Steel industry
Industry Median: 3.55
vs BOM:532286: 12.86
Jindal Steel & Power Pretax Margin % Historical Data
The historical data trend for Jindal Steel & Power's Pretax Margin % 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.
Competitive Comparison of Jindal Steel & Power's Pretax Margin %
For the Steel subindustry, Jindal Steel & Power's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Jindal Steel & Power's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Jindal Steel & Power's Pretax Margin % falls into.
Jindal Steel & Power Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Jindal Steel & Power's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as
* 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 Steel & Power (BOM:532286) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Jindal Steel & Power Pretax Margin % Related Terms
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Jindal Steel & Power (BOM:532286) Business Description
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.
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