JSW STEEL LIMITED Valuation

JSWSTEEL · Metals & Mining · Current price ₹1,237.3

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DocStoX fair value
₹918
low confidence
Current price
₹1,237
Upside
-25.8%
P/E ratio
13.6x
P/B ratio
3.0x
Verdict
Expensive
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Is JSW STEEL LIMITED undervalued?

DocStoX estimates the fair value of JSW STEEL LIMITED at ₹918 per share, versus the current market price of ₹1,237. That puts the stock about -25.8% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹391), Relative P/E (₹1,973), Graham floor (₹916). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.

Bear, base and bull scenarios

Our scenarios span ₹391 (bear) to ₹918 (base) to ₹1,973 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Valuation multiples

JSW STEEL LIMITED trades at a P/E of 13.6x and a P/B of 3.0x, with a dividend yield of 0.6%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

More on JSW STEEL LIMITED

DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.