Top Steel companies in India by Price to Earnings Ratio (P/E)

This ranking features the top 82 Steel companies in India ranked by Price to Earnings Ratio (P/E), averaging a Price to Earnings Ratio (P/E) of 31.07, for January 15, 2025.

India

Steel

#	Name	Price to Earnings Ratio (P/E)	Reported Date	Stock Price	Change	Country
1	S.A.L. Steel Limited 1 SALSTEEL.NS	397.21	Jan. 14, 2025	USD 0.24	10.16%	India
2	Shyam Century Ferrous Limited 2 SHYAMCENT.NS	343.61	Jan. 14, 2025	USD 0.14	2.45%	India
3	Ganga Forging Limited 3 GANGAFORGE.NS	205.97	Jan. 14, 2025	USD 0.08	5.01%	India
4	MSP Steel & Power Limited 4 MSPL.NS	110.67	Jan. 14, 2025	USD 0.44	5.14%	India
5	Steel Exchange India Limited 5 STEELXIND.NS	104.12	Jan. 14, 2025	USD 0.11	7.59%	India
6	Tirupati Forge Limited 6 TIRUPATIFL.NS	84.09	Jan. 14, 2025	USD 0.65	-1.87%	India
7	HLE Glascoat Limited 7 HLEGLAS.NS	73.67	Jan. 14, 2025	USD 3.82	0.74%	India
8	Manaksia Coated Metals & Industries Limited 8 MANAKCOAT.NS	68.25	Jan. 14, 2025	USD 1.23	-1.37%	India
9	Hi-Tech Pipes Limited 9 HITECH.NS	63.70	Jan. 14, 2025	USD 1.67	6.43%	India
10	Mishra Dhatu Nigam Limited 10 MIDHANI.NS	62.48	Jan. 14, 2025	USD 3.60	3.48%	India
11	Rama Steel Tubes Limited 11 RAMASTEEL.NS	59.08	Jan. 14, 2025	USD 0.13	3.89%	India
12	Lloyds Metals and Energy Limited 12 LLOYDSME.NS	57.90	Jan. 14, 2025	USD 16.39	3.59%	India
13	APL Apollo Tubes Limited 13 APLAPOLLO.NS	54.55	Jan. 14, 2025	USD 16.95	3.16%	India
14	Pitti Engineering Limited 14 PITTIENG.NS	50.27	Jan. 14, 2025	USD 14.37	-0.09%	India
15	Ramkrishna Forgings Limited 15 RKFORGE.NS	48.70	Jan. 14, 2025	USD 10.85	2.50%	India
16	Mahamaya Steel Industries Limited 16 MAHASTEEL.NS	43.03	Jan. 14, 2025	USD 2.19	0.23%	India
17	Salasar Techno Engineering Limited 17 SALASAR.NS	39.83	Jan. 14, 2025	USD 0.15	10.50%	India
18	Kamdhenu Ventures Limited 18 KAMOPAINTS.BO	38.27	Jan. 14, 2025	USD 0.20	3.36%	India
19	Incredible Industries Limited 19 INCREDIBLE.NS	35.72	Jan. 14, 2025	USD 0.53	7.07%	India
20	Sunflag Iron and Steel Company Limited 20 SUNFLAG.NS	34.19	Jan. 14, 2025	USD 3.28	3.44%	India
21	Gallantt Ispat Limited 21 GALLANTT.NS	34.12	Jan. 14, 2025	USD 3.73	2.42%	India
22	JTL Industries Limited 22 JTLIND.NS	34.02	Jan. 14, 2025	USD 1.18	5.65%	India
23	Ratnamani Metals & Tubes Limited 23 RATNAMANI.NS	33.31	Jan. 14, 2025	USD 34.66	0.05%	India
24	Kirloskar Ferrous Industries Limited 24 KIRLFER.BO	31.85	Jan. 14, 2025	USD 6.86	-1.99%	India
25	Hilton Metal Forging Limited 25 HILTON.NS	31.77	Jan. 14, 2025	USD 1.07	1.22%	India
26	Bedmutha Industries Limited 26 BEDMUTHA.NS	30.43	Jan. 14, 2025	USD 2.32	1.40%	India
27	Ratnaveer Precision Engineering Limited 27 RATNAVEER.NS	27.72	Jan. 14, 2025	USD 1.94	3.31%	India
28	Sarda Energy & Minerals Limited 28 SARDAEN.NS	27.64	Jan. 14, 2025	USD 4.89	-1.57%	India
29	Hariom Pipe Industries Limited 29 HARIOMPIPE.NS	26.64	Jan. 14, 2025	USD 5.77	0.28%	India
30	HEG Limited 30 HEG.NS	25.88	Jan. 14, 2025	USD 4.95	1.19%	India
31	Kritika Wires Limited 31 KRITIKA.NS	25.36	Jan. 14, 2025	USD 0.12	-1.60%	India
32	Usha Martin Limited 32 USHAMART.NS	24.26	Jan. 14, 2025	USD 4.09	3.59%	India
33	JSW Steel Limited 33 JSWSTEEL.NS	24.18	Jan. 14, 2025	USD 10.47	2.67%	India
34	Pennar Industries Limited 34 PENIND.NS	23.25	Jan. 14, 2025	USD 2.04	3.21%	India
35	Kamdhenu Limited 35 KAMDHENU.NS	23.01	Jan. 14, 2025	USD 0.49	-1.13%	India
36	Steelcast Limited 36 STEELCAS.NS	22.20	Jan. 14, 2025	USD 9.80	-0.36%	India
37	Vibhor Steel Tubes Limited 37 VSTL.NS	20.97	Jan. 14, 2025	USD 2.33	2.99%	India
38	Goodluck India Limited 38 GOODLUCK.NS	20.89	Jan. 14, 2025	USD 10.09	3.31%	India
39	Vardhman Special Steels Limited 39 VSSL.NS	19.99	Jan. 14, 2025	USD 2.65	5.18%	India
40	Shyam Metalics and Energy Limited 40 SHYAMMETL.NS	19.17	Jan. 14, 2025	USD 8.67	-1.87%	India
41	Man Industries (India) Limited 41 MANINDS.NS	18.98	Jan. 14, 2025	USD 3.66	2.48%	India
42	Surya Roshni Limited 42 SURYAROSNI.NS	18.25	Jan. 14, 2025	USD 3.24	20.16%	India
43	Jindal Stainless Limited 43 JSL.NS	18.13	Jan. 14, 2025	USD 7.23	3.29%	India
44	IFGL Refractories Limited 44 IFGLEXPOR.NS	18.08	Jan. 14, 2025	USD 4.86	2.41%	India
45	Welspun Corp Limited 45 WELCORP.NS	17.60	Jan. 14, 2025	USD 8.45	1.70%	India
46	Jayaswal Neco Industries Limited 46 JAYNECOIND.NS	17.17	Jan. 14, 2025	USD 0.45	2.25%	India
47	Jai Balaji Industries Limited 47 JAIBALAJI.NS	16.93	Jan. 14, 2025	USD 9.71	4.09%	India
48	Hisar Metal Industries Limited 48 HISARMETAL.NS	16.53	Jan. 14, 2025	USD 2.40	5.58%	India
49	Kalyani Steels Limited 49 KSL.NS	16.38	Jan. 14, 2025	USD 11.25	3.72%	India
50	Mukand Limited 50 MUKANDLTD.NS	15.80	Jan. 14, 2025	USD 1.33	0.74%	India

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Frequently Asked Questions

Which Steel company in India has the highest Price to Earnings Ratio (P/E) ?

The Steel company in India with the highest Price to Earnings Ratio (P/E) is S.A.L. Steel Limited (NSE: SALSTEEL.NS) at 397.21.
Which Steel company in India has the lowest Price to Earnings Ratio (P/E) ?

The Steel company in India with the lowest Price to Earnings Ratio (P/E) is Zenith Steel Pipes & Industries Limited (NSE: ZENITHSTL.NS) at -148.31.

What are the top 10 Steel companies in India by Price to Earnings Ratio (P/E) ?

The top 10 Steel companies in India by Price to Earnings Ratio (P/E) are S.A.L. Steel Limited, Shyam Century Ferrous Limited, Ganga Forging Limited, MSP Steel & Power Limited, Steel Exchange India Limited, Tirupati Forge Limited, HLE Glascoat Limited, Manaksia Coated Metals & Industries Limited, Hi-Tech Pipes Limited and Mishra Dhatu Nigam Limited.
What are the bottom 10 Steel companies in India by Price to Earnings Ratio (P/E) ?

The bottom 10 Steel companies in India by Price to Earnings Ratio (P/E) are Zenith Steel Pipes & Industries Limited, RHI Magnesita India Limited, Grand Foundry Limited, Tata Steel Limited, NMDC Steel Limited, VISA Steel Limited, Shah Alloys Limited, Supreme Engineering Limited, Impex Ferro Tech Limited and Ankit Metal & Power Limited.