Nova Iron & Steel Ltd Peer Comparison
NOVIS · Industrials · Current price ₹12.3
Peers tracked
11
Nova Iron & Steel Ltd P/E
0.3x
Sector
Industrials
Nova Iron & Steel Ltd vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| JSW Steel Ltd | ₹1,267.4 | 13.4x | 3,09,936 |
| Tata Steel Ltd | ₹187.24 | 21.7x | 2,31,644 |
| Jindal Steel Ltd | ₹1,044.7 | 31.6x | 1,05,242 |
| Steel Authority of India Ltd | ₹164.07 | 20.6x | 67,526 |
| Jindal Stainless Ltd | ₹739.05 | 17.8x | 60,966 |
| Shyam Metalics & Energy Ltd | ₹1,062.65 | 25.1x | 28,477 |
| Sarda Energy & Minerals Ltd | ₹508.6 | 15.9x | 17,381 |
| Gallantt Ispat Ltd. | ₹591 | 33.9x | 16,343 |
| Godawari Power & Ispat Ltd | ₹246.05 | 21.5x | 16,255 |
| Usha Martin Ltd | ₹500.2 | 32.9x | 15,086 |
| Nova Iron & Steel Ltd | — | 0.3x | 45 |
Nova Iron & Steel Ltd versus its peers
Nova Iron & Steel Ltd operates in the Industrials space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 0.3x may be cheap in one industry and expensive in another.
More on Nova Iron & Steel Ltd
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.