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 $8.59 Million (Rs793.92 Million) as of September 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #27535 globally and #1533 in its home market, demonstrating a -7.92% 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 Rs5.58 by its total outstanding shares 142280448 (142.28 Million). Also see Zenith Steel Pipes & Industries Limited asset portfolio for a full breakdown of the balance sheet.
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 $8.59 Million (21.75% CAGR). Also see ZENITHSTL cash generation efficiency for how efficiently the company converts equity into cash flow.
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. Check Zenith Steel Pipes & Industries Limited share price for real-time trading data and today's change.
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 September 19, 2026. Review tangible net worth ratio of Zenith Steel Pipes & Industries Limited to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Zenith Steel Pipes & Industries Limited by market ranking:
- ArcelorMittal SA (AS:MT): Ranked #563 globally with a market cap of $48.06 Billion USD ( €41.11 Billion EUR).
- ArcelorMittal SA ADR (NYSE:MT): Ranked #606 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (XETRA:ARRD): Ranked #689 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #693 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #563 | ArcelorMittal SA | AS:MT | $48.06 Billion | €63.12 |
| #606 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #689 | ArcelorMittal SA | XETRA:ARRD | $39.90 Billion | €60.56 |
| #693 | ArcelorMittal SA | MC:MTS | $39.75 Billion | €63.10 |
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 $ 8.59 Million, with a yearly change of 21.75%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs8.59 Million | -23.46% |
| 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 Sep 19th, 2026 the market cap of Zenith Steel Pipes & Industries Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $8.59 Million USD |
| MoneyControl | $8.59 Million USD |
| MarketWatch | $8.59 Million USD |
| marketcap.company | $8.59 Million USD |
| Reuters | $8.59 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