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Undervalued Steel Stocks

Last Updated on 19 May 2026 (Close)

Cheapest Steel stocks on the basis of historical earnings

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CompanyCMP
(Rs)
P/E
(x)
P/BV
(x)
Price / Sales
(x)
MCap
(Rs m)
RoE
(Latest, %)
D/E
(Curr FY, x)
NOVA IRON & STEEL12.00.3NM0.14340.0%8.1
RUCHI STRIPS153.01.31.11.029193.9%0.0
RAASI REFRACTORIES13.81.4NM0.2650.0%-2.3
UNISON METALS0.93.10.40.127311.8%1.7
SHAH ALLOYS70.03.23.60.51,3860.0%-10.3
MUKAND145.33.51.40.420,9888.0%1.6
MODERN STEEL13.43.71.00.018525.8%0.0
IFGL REFRACTORIES68.23.92.40.32,36011.7%0.2
KRIDHAN INFRA2.94.3NM12.53220.0%-0.1
SRU STEELS 1.65.30.20.493NM0.0
MAITHAN ALLOYS958.86.30.71.527,91216.8%0.2
NATIONAL FITTINGS173.77.21.52.01,57828.8%0.1
GARG FURNACE133.58.10.90.390914.3%0.0
KAMDHENU ISPAT24.18.71.80.96,80220.3%0.4
BIHAR SPONGE13.18.8NM0.41,1840.0%-1.8
MAHARASHTRA SEAMLESS636.510.01.31.685,28412.3%0.0
NILE.1,743.010.21.80.65,23213.7%0.1
JAI CORP112.411.41.33.819,7184.8%0.0
METAL COATING59.312.11.00.34355.6%0.0
JSW STEEL1,284.912.13.21.93,142,0424.4%1.2
RATHI BARS25.612.30.40.14192.7%0.8
BHAGWATI AUT559.512.82.81.21,61213.2%0.2
ADHUNIK INDUSTRIES35.112.81.10.21,6398.6%0.1
MAHALAXMI SM8.012.8NM2.3420.0%-4.2
DEEPTI ALLOY STEEL52.213.11.81.03635.1%0.0

* We show NM where the values are negative

Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.

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