SAL Steel

SAL Steel Forward P/E

The Forward P/E Ratio of SAL Steel (SALSTEEL.NS) as of Oct 16, 2026 is -65.32. In the previous year, Forward P/E Ratio was 893.44 — a change of -107.31% (lower).

Forward P/E

-65.32

YoY

-107.31%

Last updated:

Forward P/E Ratio of SAL Steel is 2025 -65.32 . Forward P/E Ratio of SAL Steel was 2024 893.44 . It decreases by -107.31% lower compared to the previous year.

The SAL Steel Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2018
9.90 INR
Jan 1, 2019
-19.43 INR
Jan 1, 2020
26.43 INR
Jan 1, 2021
36.32 INR
Jan 1, 2022
36.36 INR
Jan 1, 2023
118.34 INR
Jan 1, 2024
893.44 INR
Jan 1, 2025
-65.32 INR
The SAL Steel Forward P/E history
YEARForward P/EYoY
-65.32-107.31%
893.44+654.99%
118.34+225.50%
36.36+0.10%
36.32+37.44%
26.43-236.00%
-19.43-296.28%
9.90-97.93%
478.56-3,380.69%
-14.59+163.61%
-5.53-53.29%
-11.85—

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SAL Steel Stock analysis

What does SAL Steel do? SAL Steel Ltd, listed on the National Stock Exchange of India with ticker SALSTEEL.NS and ISIN INE658G01014, is a company operating in the Materials sector within the Metals & Mining industry. Headquartered in Gandhinagar, Gujarat, the company was incorporated and went public through an IPO on November 26, 2004. SAL Steel Ltd is situated near Kandla Port in Gujarat, Western India, where it conducts its manufacturing operations. The company produces direct reduced iron, also known as sponge iron, ferro alloys, iron ore pellets, and various finished steel products. Additionally, it operates a 40-megawatt power plant that utilizes waste heat recovery and fluidized bed combustion technologies to generate electricity. This power is primarily used for the company's internal operations, with any surplus power sold to external customers. The company's website is http://www.salsteel.co.in/. SAL Steel Ltd focuses on the production and marketing of its products within the Indian market, leveraging its strategic location near Kandla Port for logistics and supply chain efficiency. SAL Steel is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SAL Steel stock

Forward P/E Ratio of SAL Steel is -65.32 in 2025.

Forward P/E Ratio of SAL Steel changed from 893.44 to -65.32, representing a -107.31% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio SAL Steel since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's SAL Steel with sector peers and the industry average to assess whether it is attractive.

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Valuation — SAL Steel

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