Tata Steel Ratios and Metrics

Market cap in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 6, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	20,137	17,442	18,495	12,572	16,006	9,658
Market Cap Growth	28.76%	-5.69%	47.11%	-21.45%	65.72%	195.73%
Enterprise Value	27,300	25,533	25,977	19,892	23,388	19,190
Last Close Price	15.68	13.59	14.16	9.82	11.54	7.36
PE Ratio	26.56	56.30	-	14.58	3.98	13.32
PS Ratio	1.08	0.88	0.85	0.53	0.65	0.62
PB Ratio	2.54	2.11	2.11	1.21	1.36	1.26
P/TBV Ratio	3.21	2.66	2.65	1.53	1.52	1.47
P/FCF Ratio	-	24.56	92.94	16.94	4.72	2.61
P/OCF Ratio	-	8.19	9.59	5.89	3.60	2.20
EV/Sales Ratio	1.49	1.29	1.19	0.83	0.96	1.24
EV/EBITDA Ratio	11.03	11.76	12.84	6.82	3.66	7.03
EV/EBIT Ratio	17.17	19.50	22.07	9.48	4.19	9.92
EV/FCF Ratio	-	35.95	130.54	26.80	6.89	5.18
Debt / Equity Ratio	1.00	1.04	0.94	0.81	0.65	1.14
Debt / EBITDA Ratio	3.17	3.81	3.91	2.77	1.17	3.08
Debt / FCF Ratio	-	12.09	41.59	11.26	2.23	2.37
Net Debt / Equity Ratio	0.91	0.93	0.86	0.66	0.44	0.98
Net Debt / EBITDA Ratio	2.98	3.54	3.72	2.33	0.81	2.75
Net Debt / FCF Ratio	-	10.81	37.85	9.17	1.52	2.03
Asset Turnover	-	0.79	0.82	0.85	0.92	0.63
Inventory Turnover	-	2.23	2.18	2.39	2.20	1.94
Quick Ratio	-	0.18	0.14	0.25	0.40	0.32
Current Ratio	-	0.79	0.72	0.89	1.02	0.85
Return on Equity (ROE)	-	3.45%	-4.97%	7.27%	42.91%	10.66%
Return on Assets (ROA)	-	3.27%	2.76%	4.65%	13.12%	4.91%
Return on Invested Capital (ROIC)	7.18%	3.14%	7.16%	5.51%	28.79%	6.89%
Return on Capital Employed (ROCE)	-	7.50%	7.10%	11.20%	28.60%	11.20%
Earnings Yield	3.77%	1.78%	-2.28%	6.86%	25.15%	7.70%
FCF Yield	-	4.07%	1.08%	5.90%	21.21%	38.37%
Dividend Yield	1.22%	0.24%	0.24%	0.36%	0.44%	0.34%
Payout Ratio	-	131.26%	-	71.08%	7.59%	18.84%
Buyback Yield / Dilution	-0.17%	-1.66%	-0.47%	-1.02%	-5.50%	-0.10%
Total Shareholder Return	1.04%	-1.42%	-0.23%	-0.66%	-5.06%	0.24%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.