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JINDAL DRILLING & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL DRILLING & INDUSTRIES is 8.99.

Share Price ₹600.2Mar 05,2026
Market Cap ₹1,740.4 Cr
Earnings-TTM₹193.7 CrTTM-Consolidated Results
Price/Earnings8.99xCalculated 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 [ ₹1,740.4 Cr] as on Mar 05,2026

(/) Earnings [ ₹193.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 8.99x ]

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 8.99 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 8.99x.

- JINDAL DRILLING & INDUSTRIES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 13.03x.

- JINDAL DRILLING & INDUSTRIES 's operated at median p/e ratio of 10.73x 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 193.678.991,740.4
OIL & NATURAL GAS CORPORATION LTD44,123.407.88347,656.0
OIL INDIA LTD6,190.9912.5777,841.3
DEEP INDUSTRIES LTD-2.39-944.992,256.6
HINDUSTAN OIL EXPLORATION COMPANY LTD106.1419.032,020.0
ASIAN ENERGY SERVICES LTD37.6834.641,305.4
SELAN EXPLORATION TECHNOLOGY LTD67.4628.011,889.8
GUJARAT NATURAL RESOURCES LTD7.26211.141,532.5
ABAN OFFSHORE LTD-790.50-0.16124.6

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

Top 10 Industry PeersPE Ratio
Min industry PE -944.99x
Max industry PE 211.14x
Median industry PE 12.57x
Average industry PE -69.21x



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