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JINDAL DRILLING & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL DRILLING & INDUSTRIES is 19.35.

Share Price ₹796.3Apr 21,2025
Market Cap ₹2,309.1 Cr
Earnings-TTM₹119.4 CrTTM-Consolidated Results
Price/Earnings19.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of JINDAL DRILLING & INDUSTRIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of JINDAL DRILLING & INDUSTRIES is calculated as :

Current Market Cap [ ₹2,309.1 Cr] as on Apr 21,2025

(/) Earnings [ ₹119.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 19.35x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for JINDAL DRILLING & INDUSTRIES , the investors are currently willing to pay 19.35 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of JINDAL DRILLING & INDUSTRIES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of JINDAL DRILLING & INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of JINDAL DRILLING & INDUSTRIES


PE Ratio Performance Analysis for JINDAL DRILLING & INDUSTRIES

- JINDAL DRILLING & INDUSTRIES 's latest p/e ratio is 19.35x.

- JINDAL DRILLING & INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.79x.

- JINDAL DRILLING & INDUSTRIES 's operated at median p/e ratio of 7.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, JINDAL DRILLING & INDUSTRIES 's p/e ratio peaked in Mar2024 at 36.04x.

- JINDAL DRILLING & INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does JINDAL DRILLING & INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Earnings-TTM (Cr)PE RatioMarket Cap
JINDAL DRILLING & INDUSTRIES 119.3519.352,309.1
OIL & NATURAL GAS CORPORATION LTD40,408.407.77314,004.0
OIL INDIA LTD7,302.658.8264,373.0
DEEP INDUSTRIES LTD164.5819.063,136.6
HINDUSTAN OIL EXPLORATION COMPANY LTD165.4015.032,485.5
ASIAN ENERGY SERVICES LTD29.9946.891,405.9
SELAN EXPLORATION TECHNOLOGY LTD70.3012.33866.7
GUJARAT NATURAL RESOURCES LTD-5.02-101.33509.0
ABAN OFFSHORE LTD-968.22-0.24235.6

Oil Exploration Industry Benchmark (Top 10) PE Analysis vs JINDAL DRILLING & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -101.33x
Max industry PE 46.89x
Median industry PE 12.33x
Average industry PE 3.07x



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