JINDAL DRILLING & INDUSTRIES
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The Current P/E Ratio of JINDAL DRILLING & INDUSTRIES is 9.81.
| Share Price | ₹583.7 | Jun 22,2026 |
| Market Cap | ₹1,692.6 Cr | |
| Earnings-TTM | ₹172.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 9.81x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of JINDAL DRILLING & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,692.6 Cr] as on Jun 22,2026
(/) Earnings [ ₹172.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.81x ]
Thus, for JINDAL DRILLING & INDUSTRIES , the investors are currently willing to pay 9.81 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 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 Ratio | Market Cap |
|---|---|---|---|
| JINDAL DRILLING & INDUSTRIES | 172.62 | 9.81 | 1,692.6 |
| OIL & NATURAL GAS CORPORATION LTD | 46,791.20 | 6.60 | 308,783.0 |
| OIL INDIA LTD | 6,429.11 | 10.70 | 68,773.0 |
| DEEP INDUSTRIES LTD | 197.06 | 15.95 | 3,142.7 |
| HINDUSTAN OIL EXPLORATION COMPANY LTD | 62.75 | 34.79 | 2,182.7 |
| ASIAN ENERGY SERVICES LTD | 48.33 | 37.65 | 1,819.8 |
| GUJARAT NATURAL RESOURCES LTD | 9.89 | 133.41 | 1,319.7 |
| ABAN OFFSHORE LTD | -790.50 | -0.10 | 81.0 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs JINDAL DRILLING & INDUSTRIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -0.10x |
| Max industry PE | 133.41x |
| Median industry PE | 15.95x |
| Average industry PE | 31.10x |
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