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JINDAL DRILLING & INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of JINDAL DRILLING & INDUSTRIES is 4.22.

Share Price ₹759.6May 07,2024
Market Cap ₹2,202.8 Cr
Sales-TTM₹522.4 CrTTM-Consolidated Results
Price/Sales4.22xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of JINDAL DRILLING & INDUSTRIES

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

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

Current Market Cap [ ₹2,202.8 Cr] as on May 07,2024

(/) Sales [ ₹522.4 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.22x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for JINDAL DRILLING & INDUSTRIES , the investors are currently willing to pay '4.22 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of JINDAL DRILLING & INDUSTRIES !

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

Historical PS (Price/Sales) ratio chart of JINDAL DRILLING & INDUSTRIES


PS Ratio Performance Analysis for JINDAL DRILLING & INDUSTRIES

- JINDAL DRILLING & INDUSTRIES 's latest p/e ratio is 4.22x.

- JINDAL DRILLING & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.13x.

- JINDAL DRILLING & INDUSTRIES 's operated at median p/e ratio of 1.36x 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 Mar2022 at 1.65x.

- JINDAL DRILLING & INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.61x.


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

Peer Comparison (Oil Exploration Industry)Sales (Cr)PS RatioMarket Cap (Cr)
JINDAL DRILLING & INDUSTRIES 522.44.222,202.8
OIL & NATURAL GAS CORPORATION LTD640,333.00.54344,071.0
OIL INDIA LTD34,905.61.9869,082.0
HINDUSTAN OIL EXPLORATION COMPANY LTD634.64.112,609.2
ASIAN ENERGY SERVICES LTD305.14.101,251.1
SELAN EXPLORATION TECHNOLOGY LTD165.66.531,082.1
DEEP ENERGY RESOURCES LTD22.226.13580.6
ABAN OFFSHORE LTD335.11.18396.6
GUJARAT NATURAL RESOURCES LTD22.96.06138.9
AAKASH EXPLORATION SERVICES LTD81.11.30105.3

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.54x
Max industry PS 26.13x
Median industry PS 4.11x
Average industry PS 5.62x



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