Zenith Steel Pipes & Industries Limited (NSE:ZENITHSTL) — Market Cap & Net Worth
Market Cap & Net Worth: Zenith Steel Pipes & Industries Limited (ZENITHSTL)
Zenith Steel Pipes & Industries Limited (NSE:ZENITHSTL) has a market capitalization of $9.60 Million (Rs887.83 Million) as of May 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #26968 globally and #1519 in its home market, demonstrating a -8.24% 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 Rs6.24 by its total outstanding shares 142280448 (142.28 Million). Analyse ZENITHSTL operating cash flow to see how efficiently the company converts income to cash.
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 $1.38 Million to $9.60 Million (23.94% 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
Latest Price to Earnings (P/E) Ratio
4.98x
Zenith Steel Pipes & Industries Limited's market cap is 4.98 times its annual earnings
What 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 | $1.23 Million | $914.87 Million | -$326.60 Million | 0.00x | N/A |
| 2017 | $769.35K | $1.57 Billion | -$331.99 Million | 0.00x | N/A |
| 2018 | $1.08 Million | $1.57 Billion | -$410.73 Million | 0.00x | N/A |
| 2019 | $846.29K | $1.55 Billion | -$1.20 Billion | 0.00x | N/A |
| 2020 | $1.23 Million | $763.82 Million | -$283.45 Million | 0.00x | N/A |
| 2021 | $2.00 Million | $557.39 Million | -$135.75 Million | 0.00x | N/A |
| 2022 | $8.23 Million | $1.50 Billion | $116.28 Million | 0.01x | 0.07x |
| 2023 | $12.08 Million | $1.48 Billion | -$143.84 Million | 0.01x | N/A |
| 2024 | $12.37 Million | $1.43 Billion | -$6.96 Million | 0.01x | N/A |
| 2025 | $11.22 Million | $1.19 Billion | $2.25 Million | 0.01x | 4.98x |
Competitor Companies of ZENITHSTL by Market Capitalization
Companies near Zenith Steel Pipes & Industries Limited in the global market cap rankings as of May 4, 2026.
Key companies related to Zenith Steel Pipes & Industries Limited by market ranking:
- ArcelorMittal SA ADR (NYSE:MT): Ranked #577 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (AS:MT): Ranked #671 globally with a market cap of $39.68 Billion USD ( €33.94 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #689 globally with a market cap of $38.59 Billion USD ( €33.01 Billion EUR).
- Nucor Corp (NYSE:NUE): Ranked #741 globally with a market cap of $35.76 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #577 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #671 | ArcelorMittal SA | AS:MT | $39.68 Billion | €49.24 |
| #689 | ArcelorMittal SA | MC:MTS | $38.59 Billion | €49.24 |
| #741 | Nucor Corp | NYSE:NUE | $35.76 Billion | $226.04 |
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 $1.38 Million to $ 9.60 Million, with a yearly change of 23.94%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs9.60 Million | -14.40% |
| 2025 | Rs11.22 Million | -9.33% |
| 2024 | Rs12.37 Million | +2.42% |
| 2023 | Rs12.08 Million | +46.73% |
| 2022 | Rs8.23 Million | +311.54% |
| 2021 | Rs2.00 Million | +62.50% |
| 2020 | Rs1.23 Million | +45.45% |
| 2019 | Rs846.29K | -21.43% |
| 2018 | Rs1.08 Million | +40.00% |
| 2017 | Rs769.35K | -37.50% |
| 2016 | Rs1.23 Million | -11.11% |
| 2015 | Rs1.38 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Zenith Steel Pipes & Industries Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $9.60 Million USD |
| MoneyControl | $9.60 Million USD |
| MarketWatch | $9.60 Million USD |
| marketcap.company | $9.60 Million USD |
| Reuters | $9.60 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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