Tata Steel (TATASTEEL)₹184.85−2.81%Iron & Steel
Tata Steel is compared with the 7 closest in size in Iron & Steel (15 companies in the industry). It has a P/E of 21.0 against a peer median of 17.1, and ROCE of 13.0% against a peer median of 10.4%, and latest-quarter sales growth of 14.3% against a peer median of 18.9%. By market cap it is #2 of 8 in this set.
As of · Peer set: 7 closest in size in Iron & Steel
| Company | M-cap (₹ Cr) | P/E | ROCE % | ROE % | Debt / equity | Div. yield % | Sales (₹ Cr) | Net profit (₹ Cr) | Qtr sales growth % | Qtr profit growth % | Compare |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JSW Steel | 3,30,015 | 11.6 | 10.9 | 10.3 | 0.62 | 0.5 | 1,85,874 | 25,429 | 20.5 | 225.4 | vs TATASTEEL |
| Tata Steel | 2,30,693 | 21.0 | 13.0 | 11.7 | 0.90 | 2.2 | 2,32,332 | 10,865 | 14.3 | 18.8 | — |
| JINDAL STEEL | 1,16,892 | 41.0 | 9.9 | 8.2 | 0.43 | 0.2 | 53,217 | 3,363 | 42.6 | 21.4 | vs TATASTEEL |
| Steel Authority of India | 70,041 | 12.5 | 8.0 | 6.6 | 0.53 | 1.4 | 1,10,957 | 3,379 | 19.8 | 317.3 | vs TATASTEEL |
| Jindal Stainless | 56,943 | 17.1 | 19.1 | 17.8 | 0.36 | 0.6 | 42,964 | 3,176 | 18.1 | 11.1 | vs TATASTEEL |
| Sarda Energy & Minerals | 15,486 | 13.8 | 17.1 | 16.1 | 0.36 | 0.5 | 5,713 | 1,108 | −1.6 | 9.4 | vs TATASTEEL |
| NMDC Steel | 11,849 | 192.6 | 3.0 | 0.5 | 0.35 | 0.0 | 13,695 | 59 | 36.6 | — | vs TATASTEEL |
| Vedanta Iron and Steel | 10,416 | — | −4.2 | — | — | 0.0 | 13,567 | −2,936 | −2.4 | — | vs TATASTEEL |
| Peer median | 63,492 | 17.1 | 10.4 | 10.3 | 0.43 | 0.5 | 48,090 | 3,269 | 18.9 | 20.1 |
Listed companies closest to Tata Steel in Iron & Steel include JSW Steel, JINDAL STEEL, Steel Authority of India, Jindal Stainless, Sarda Energy & Minerals, NMDC Steel, Vedanta Iron and Steel.
JSW Steel, with a market cap of ₹3.30 L Cr.
Tata Steel trades at a P/E of 21.0; the median of its peer set is 17.1. A P/E above or below the median is a description, not a judgement on value.
Tata Steel's return on capital employed is 13.0%, above the peer median of 10.4%.