JSW Steel vs Tata Steel: share price, P/E, ROE and financials compared
JSW Steel
Tata Steel
JSW Steel and Tata Steel at a glance
JSW Steel and Tata Steel are both listed in Metals & Mining. JSW Steel is the larger by market cap, at ₹3.3L Cr against ₹2.3L Cr for Tata Steel (1.4 times as large). On valuation, JSW Steel has the lower P/E (11.7× against 21.1×), while Tata Steel has the lower price-to-book (2.28× against 2.92×). On returns and margins, JSW Steel has the higher ROCE (18.7% against 11.3%), the higher ROE (31.9% against 11.2%) and the higher operating margin (17.7% against 15.2%). Over three years, JSW Steel has faster 3-year sales growth (+3.6% against −1.6% a year) and faster 3-year profit growth (+75.3% against +7.2% a year). JSW Steel carries less debt for its equity, with a debt-to-equity of 0.62× against 0.89×.
Key metrics, side by side
| Metric | JSW SteelJSWSTEEL | Tata SteelTATASTEEL |
|---|---|---|
| Price (₹) | 1,357.10 | 186.30 |
| Market cap (₹ Cr) | 3,31,265 | 2,32,397 |
| P/E | 11.7× (the lower figure, shaded) | 21.1× |
| P/B | 2.92× | 2.28× (the lower figure, shaded) |
| Dividend yield, trailing | 0.52% | 2.15% (the higher figure, shaded) |
| ROE | 31.9% (the higher figure, shaded) | 11.2% |
| ROCE | 18.7% (the higher figure, shaded) | 11.3% |
| Operating margin (OPM) | 17.7% (the higher figure, shaded) | 15.2% |
| Net margin (NPM) | 14.3% (the higher figure, shaded) | 4.6% |
| Sales CAGR 3Y | +3.6% (the higher figure, shaded) | −1.6% |
| Profit CAGR 3Y | +75.3% (the higher figure, shaded) | +7.2% |
| Debt to equity | 0.62× (the lower figure, shaded) | 0.89× |
| Interest cover | 4.5× (the higher figure, shaded) | 3.2× |
| Net profit TTM (₹ Cr) | 28,439 | 11,035 |
| 1Y return | +14.7% (the higher figure, shaded) | +1.5% |
| Promoter holding | – | – |
JSW Steel vs Tata Steel: common questions
Which is bigger, JSW Steel or Tata Steel?
By market cap, JSW Steel is bigger at ₹3.3L Cr, against ₹2.3L Cr for Tata Steel (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹28,439 Cr for JSW Steel and ₹11,035 Cr for Tata Steel.
Which has a lower P/E ratio, JSW Steel or Tata Steel?
JSW Steel trades at a P/E of 11.7× and Tata Steel at 21.1×. JSW Steel has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, JSW Steel or Tata Steel?
JSW Steel reports a return on equity of 31.9% and Tata Steel 11.2%. JSW Steel has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, JSW Steel or Tata Steel?
Over the last three years: Sales grew +3.6% a year at JSW Steel and −1.6% at Tata Steel, so JSW Steel grew sales faster; profit grew +75.3% a year at JSW Steel and +7.2% at Tata Steel, so JSW Steel grew profit faster. Past growth doesn’t predict future growth.