Valuation Tata Steel Limited

Equities

500470

INE081A01020

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 03:56:32 19/05/2026 pm IST			5-day change	1st Jan Change
209.30 ^INR	-0.26%		-1.27%	+16.25%

16/05	Tata Steel Limited, Q4 2026 Earnings Call, May 16, 2026
16/05	Why India's Tata Sons is under pressure to list as trust divisions emerge	RE

Company Valuation: Tata Steel Limited

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	9,73,418	15,96,681	12,77,223	19,46,183	19,25,584	26,19,669	-	-
Change	-	64.03%	-20.01%	52.38%	-1.06%	36.05%	-	-
Enterprise Value (EV) ¹	16,48,206	21,08,061	19,94,212	27,46,195	27,73,118	34,22,995	33,70,973	32,77,994
Change	-	27.9%	-5.4%	37.71%	0.98%	23.43%	-1.52%	-2.76%
P/E ratio	12.7x	3.94x	14.6x	-43.1x	56.3x	22.2x	14.1x	12.7x
PBR	1.28x	1.38x	1.24x	2.11x	2.11x	2.65x	2.25x	2x
PEG	-	0x	-0.2x	0x	-0x	0x	0.2x	1.1x
Capitalization / Revenue	0.62x	0.65x	0.52x	0.85x	0.88x	1.03x	1.01x	0.97x
EV / Revenue	1.05x	0.86x	0.82x	1.2x	1.27x	1.48x	1.3x	1.21x
EV / EBITDA	5.4x	3.32x	6.17x	12.3x	11x	10x	7.57x	6.84x
EV / EBIT	7.75x	3.88x	8.68x	22.1x	18.6x	15.1x	10.7x	9.64x
EV / FCF	4.41x	6.23x	264x	131x	35.4x	25.6x	20x	17.2x
FCF Yield	22.7%	16.1%	0.38%	0.76%	2.83%	3.91%	5%	5.83%
Dividend per Share ²	2.5	5.1	3.6	3.6	3.6	3.656	4.081	4.416
Rate of return	3.08%	3.9%	3.44%	2.31%	2.33%	1.74%	1.94%	2.1%
EPS ²	6.378	33.21	7.17	-3.62	2.74	8.65	14.87	16.54
Distribution rate	39.2%	15.4%	50.2%	-99.4%	131%	38.6%	27.5%	26.7%
Net sales ¹	15,62,942	24,39,592	24,33,527	22,91,708	21,85,425	23,21,399	26,00,987	27,13,820
EBITDA ¹	3,05,043	6,34,900	3,23,002	2,23,059	2,52,984	3,43,524	4,45,084	4,79,210
EBIT ¹	2,12,706	5,43,891	2,29,650	1,24,237	1,48,771	2,23,979	3,16,165	3,40,003
Net income ¹	74,902	4,01,539	87,604	-44,374	34,205	1,07,939	1,85,405	2,05,728
Net Debt ¹	6,74,789	5,11,380	7,16,989	8,00,013	8,47,534	8,03,326	7,51,304	6,58,325
Reference price ²	81.20	130.70	104.50	155.90	154.25	209.85	209.85	209.85
Nbr of stocks (in thousands)	1,19,85,893	1,22,16,159	1,22,22,312	1,24,83,532	1,24,83,527	1,24,83,532	-	-
Announcement Date	05/05/21	03/05/22	02/05/23	29/05/24	12/05/25	15/05/26	-	-

¹INR in Million²INR

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TATA STEEL LIMITED	22.14x	1.48x	10.01x	1.74%	2.72TCr
NUCOR CORPORATION	15.17x	1.45x	8.51x	0.99%	5.16TCr
ARCELORMITTAL	13.28x	0.81x	6.45x	1.02%	4.66TCr
STEEL DYNAMICS, INC.	15.61x	1.62x	10.07x	0.93%	3.3TCr
POSCO HOLDINGS INC.	18.15x	0.7x	6.48x	2.15%	2.33TCr
CARPENTER TECHNOLOGY CORPORATION	38.82x	6.49x	23.97x	0.2%	2.01TCr
NIPPON STEEL CORPORATION	-66.92x	0.75x	7.59x	4.37%	1.81TCr
LLOYDS METALS AND ENERGY LIMITED	22.6x	5.43x	16.71x	0.09%	990.36Cr
DAZHONG MINING CO., LTD.	58.87x	-	-	-	920.64Cr
VOESTALPINE AG	20.87x	0.61x	6.35x	1.61%	896.76Cr
Average	15.86x	2.15x	10.68x	1.46%	2.48TCr
Weighted average by Cap.	13.98x	1.78x	9.79x	1.36%