
Is JSW Cement the Best Stock in Its Sector? A Look at the Numbers
JSW Cement CMP Rs 114 (30 Sep 2026). Market cap Rs 15,351 Cr. ROE 11.15%. P/E 21.29x versus Industry P/E 30.36x.
Updated: 30 Sept 2026 • 9:47 am
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Quick Answer
JSW Cement is one of the names investors compare when screening the Construction Materials sector, built on a 11.15% return on equity and a P/E of 21.29x against an Industry P/E of 30.36x. Whether JSW Cement is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Construction Materials sector peers, so you can judge that for yourself.
Is JSW Cement the best stock in its sector? The stock trades on the NSE at Rs 114 as of 30 September 2026, within its 52-week range of Rs 106.65 to Rs 143.40. JSW Cement Ltd manufactures blended and green cement, including slag-based products.
JSW Cement sits in the Construction Materials sector, and its 11.15% ROE and 21.29x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About JSW Cement
JSW Cement Ltd manufactures blended and green cement, including slag-based products. The stock is trading near its 52-week low. At a market capitalisation of Rs 15,351 Cr, it is tracked as part of the Construction Materials sector on Univest.
Is JSW Cement the Best Stock in Its Sector?
JSW Cement makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 11.15% ROE with a 21.29x P/E against the sector's 30.36x Industry P/E. JSW Cement's 21.29x P/E is below the 30.36x Industry P/E with an 11.15% ROE, backed by a notably high 4.37% dividend yield, though the stock is trading near its 52-week low.
| Metric | JSW Cement |
|---|---|
| CMP (NSE) | Rs 113.60 |
| 52-Week High / Low | Rs 143.40 / Rs 106.65 |
| Market Cap | Rs 15,351 Cr |
| P/E (TTM) vs Industry P/E | 21.29x vs 30.36x |
| P/B | 2.34 |
| ROE | 11.15% |
| EPS (TTM) | Rs 5.29 |
| Dividend Yield | 4.37% |
| Debt to Equity | 0.68 |
Compare JSW Cement Against Other Construction Materials Sector Stocks
How JSW Cement Compares Against Its Construction Materials Sector Peers
The table below sets JSW Cement against 2 other Construction Materials sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| JSW Cement | 15,351 | 21.29 | 11.15% | 0.68 |
| HeidelbergCement India | 3,063 | 26.35 | 9.77% | 0.01 |
| JK Cement | 36,455 | 38.85 | 14.10% | 0.88 |
| Peer average (2 companies) | - | 32.60 | 11.93% | 0.45 |
Against this peer set, JSW Cement's 11.15% ROE is below the 11.93% peer average, and its P/E of 21.29x runs below the peer average of 32.60x. JSW Cement's 21.29x P/E is below the 30.36x Industry P/E with an 11.15% ROE, backed by a notably high 4.37% dividend yield, though the stock is trading near its 52-week low.
What Makes JSW Cement Worth Watching in Construction Materials
- Below Industry P/E: A 21.29x P/E against a 30.36x Industry P/E is a discount for a business with an 11.15% ROE.
- High dividend yield: A 4.37% dividend yield is one of the highest in this batch.
- Blended and green cement mix: A large share of blended and slag cement gives JSW Cement a differentiated, lower-carbon product mix versus pure clinker producers.
JSW Cement Valuation: Is It Justified?
JSW Cement's 21.29x P/E is below the 30.36x Industry P/E with an 11.15% ROE, backed by a notably high 4.37% dividend yield, though the stock is trading near its 52-week low. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Jaykay Enterprises the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track JSW Cement and other Construction Materials sector stocks.
How to Track JSW Cement Before You Invest
Before deciding whether JSW Cement deserves its label as the best stock in its sector for your own portfolio, compare it directly against Construction Materials sector peers using the steps below.
- Open the Univest Screener and search for JSW Cement to view live price, valuation ratios, and peer comparisons within the Construction Materials sector.
- Compare its P/E, P/B, and ROE against other Construction Materials sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
JSW Cement earns a place in the best stock in its sector conversation on the strength of a 11.15% ROE and a P/E of 21.29x against a 30.36x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is JSW Cement the best stock in its sector?
Ans. JSW Cement has a 11.15% ROE and trades at 21.29x P/E against a 30.36x Industry P/E, and compares below the peer average ROE of 11.93% in this article's named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of JSW Cement?
Ans. JSW Cement was trading at Rs 113.60 on the NSE as of 30 September 2026, within its 52-week range of Rs 106.65 to Rs 143.40.
What sector does JSW Cement belong to?
Ans. JSW Cement is classified under the Construction Materials sector on Univest.
How does JSW Cement compare to its sector peers on P/E?
Ans. JSW Cement's P/E of 21.29x is below the 32.60x average of the 2 named peers compared in this article.
What is JSW Cement's return on equity?
Ans. JSW Cement reported a return on equity of 11.15%, which is below the 11.93% average of its named peers in this comparison.
Should I invest in JSW Cement based on its sector position?
Ans. JSW Cement's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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