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JINDAL DRILLING & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of JINDAL DRILLING & INDUSTRIES is 22.56.

Share Price ₹791.5Jan 02,2025
Market Cap ₹2,295.2 Cr
Earnings-TTM₹101.7 CrTTM-Consolidated Results
Price/Earnings22.56xCalculated 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 [ ₹2,295.2 Cr] as on Jan 02,2025

(/) Earnings [ ₹101.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.56x ]

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 22.56 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 22.56x.

- 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 101.7222.562,295.2
OIL & NATURAL GAS CORPORATION LTD40,937.907.56309,475.0
OIL INDIA LTD8,260.909.1375,401.4
HINDUSTAN OIL EXPLORATION COMPANY LTD168.6515.202,562.9
ASIAN ENERGY SERVICES LTD36.4848.911,784.3
SELAN EXPLORATION TECHNOLOGY LTD57.8322.801,318.6
DEEP ENERGY RESOURCES LTD-1.61-617.78992.2
ABAN OFFSHORE LTD-1,018.24-0.36368.9
GUJARAT NATURAL RESOURCES LTD-1.73-141.76245.4
AAKASH EXPLORATION SERVICES LTD5.2220.01104.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -617.78x
Max industry PE 48.91x
Median industry PE 15.20x
Average industry PE -61.37x



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