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, construction water distribution, space frames, fences, firefighting and chilled water systems, structural scaffolding and props, green house, industrial general engineering, container making, distribution of gas and crude, transportation of raw and potable water, poles, transmission tower, transportation of oil and gas, transportation of sewage disposal irrigation, piling, ash/slurry transportation, and electricity conduits, as well as the auto industry. It also exports its products to approximately 79 countries, including the United States. The company was formerly known as Zenith Birla (India) Limited and changed its name to Zenith Steel Pipes & Industries Limited in July 2020. The company was incorporated in 1960 and is based in Mumbai, India.
Metrics to compare | ZNTH | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipZNTHPeersSector | |
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P/E Ratio | 38.5x | 27.6x | 0.0x | |
PEG Ratio | 0.02 | −0.76 | 0.00 | |
Price/Book | −0.5x | 2.3x | 1.6x | |
Price / LTM Sales | 1.2x | 1.7x | 1.4x | |
Upside (Analyst Target) | - | 26.0% | 19.2% | |
Fair Value Upside | Unlock | 0.6% | −1.6% | Unlock |