P/E ratio for Steel Authority of India (SAIL.NS)
P/E ratio as of July 2025 (TTM): 32.5
According to Steel Authority of India's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.5173. At the end of 2024 the company had a P/E ratio of 19.0.
P/E ratio history for Steel Authority of India from 2009 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 19.0 | 21.1% |
| 2023 | 15.7 | 374.97% |
| 2022 | 3.30 | -58.17% |
| 2021 | 7.88 | 98.25% |
| 2020 | 3.98 | -58.9% |
| 2019 | 9.67 | -109.01% |
| 2018 | -107 | 1073.68% |
| 2017 | -9.15 | 112.97% |
| 2016 | -4.30 | -130.69% |
| 2015 | 14.0 | 26.37% |
| 2014 | 11.1 | -0.35% |
| 2013 | 11.1 | 2.64% |
| 2012 | 10.8 | -21.28% |
| 2011 | 13.8 | -6.51% |
| 2010 | 14.7 | 138.54% |
| 2009 | 6.17 | -34.99% |
| 2008 | 9.49 | 25.89% |
| 2007 | 7.54 | -10.18% |
| 2006 | 8.39 | 126.15% |
| 2005 | 3.71 | -29.57% |
| 2004 | 5.27 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.