Zenith Steel Pipes & Industries Limited
Zenith Steel Pipes & Industries Limited, together with its subsidiaries, manufactures and sells steel pipes in India and internationally. It offers electric resistance welded black and galvanized pipes; and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, sprinklers, drill rods, bore-well, construc… Read more
Market Cap & Net Worth: Zenith Steel Pipes & Industries Limited (ZENITHSTL)
Zenith Steel Pipes & Industries Limited (NSE:ZENITHSTL) has a market capitalization of $8.25 Million (₹714.25 Million) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #31397 globally and #1749 in its home market, demonstrating a -8.89% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Zenith Steel Pipes & Industries Limited's stock price ₹5.02 by its total outstanding shares 142280448 (142.28 Million).
Zenith Steel Pipes & Industries Limited Market Cap History: 2015 to 2026
Zenith Steel Pipes & Industries Limited's market capitalization history from 2015 to 2026. Data shows growth from $1.48 Million to $8.25 Million (21.68% CAGR).
Zenith Steel Pipes & Industries Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Zenith Steel Pipes & Industries Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.01x
Zenith Steel Pipes & Industries Limited's market cap is 0.01 times its annual revenue
0.02x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
5.32x
Zenith Steel Pipes & Industries Limited's market cap is 5.32 times its annual earnings
0.25x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $1.31 Million | $914.87 Million | -$326.60 Million | 0.00x | N/A |
| 2017 | $821.44K | $1.57 Billion | -$331.99 Million | 0.00x | N/A |
| 2018 | $1.15 Million | $1.57 Billion | -$410.73 Million | 0.00x | N/A |
| 2019 | $903.59K | $1.55 Billion | -$1.20 Billion | 0.00x | N/A |
| 2020 | $1.31 Million | $763.82 Million | -$283.45 Million | 0.00x | N/A |
| 2021 | $2.14 Million | $557.39 Million | -$135.75 Million | 0.00x | N/A |
| 2022 | $8.79 Million | $1.50 Billion | $116.28 Million | 0.01x | 0.08x |
| 2023 | $12.90 Million | $1.48 Billion | -$143.84 Million | 0.01x | N/A |
| 2024 | $13.21 Million | $1.43 Billion | -$6.96 Million | 0.01x | N/A |
| 2025 | $11.98 Million | $1.19 Billion | $2.25 Million | 0.01x | 5.32x |
Competitor Companies of ZENITHSTL by Market Capitalization
Companies near Zenith Steel Pipes & Industries Limited in the global market cap rankings as of March 18, 2026.
Key companies related to Zenith Steel Pipes & Industries Limited by market ranking:
- Nucor Corp (NYSE:NUE): Ranked #593 globally with a market cap of $35.76 Billion USD.
- Steel Dynamics Inc (NASDAQ:STLD): Ranked #839 globally with a market cap of $23.47 Billion USD.
- Nippon Steel Corporation (PINK:NISTF): Ranked #985 globally with a market cap of $19.91 Billion USD.
- Reliance Steel & Aluminum Co (NYSE:RS): Ranked #1207 globally with a market cap of $15.56 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #593 | Nucor Corp | NYSE:NUE | $35.76 Billion | $162.08 |
| #839 | Steel Dynamics Inc | NASDAQ:STLD | $23.47 Billion | $172.63 |
| #985 | Nippon Steel Corporation | PINK:NISTF | $19.91 Billion | $19.62 |
| #1207 | Reliance Steel & Aluminum Co | NYSE:RS | $15.56 Billion | $299.04 |
Zenith Steel Pipes & Industries Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Zenith Steel Pipes & Industries Limited's market cap moved from $1.48 Million to $ 8.25 Million, with a yearly change of 21.68%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹8.25 Million | -31.14% |
| 2025 | ₹11.98 Million | -9.33% |
| 2024 | ₹13.21 Million | +2.42% |
| 2023 | ₹12.90 Million | +46.73% |
| 2022 | ₹8.79 Million | +311.54% |
| 2021 | ₹2.14 Million | +62.50% |
| 2020 | ₹1.31 Million | +45.45% |
| 2019 | ₹903.59K | -21.43% |
| 2018 | ₹1.15 Million | +40.00% |
| 2017 | ₹821.44K | -37.50% |
| 2016 | ₹1.31 Million | -11.11% |
| 2015 | ₹1.48 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Zenith Steel Pipes & Industries Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $8.25 Million USD |
| MoneyControl | $8.25 Million USD |
| MarketWatch | $8.25 Million USD |
| marketcap.company | $8.25 Million USD |
| Reuters | $8.25 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.