Home

PB Ratio of Jindal Drilling & Industries Ltd

Image

Jindal Drilling & Industries Ltd

NSE: JINDRILL

PB Ratio

1.8

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Jindal Drilling & Industries Ltd is 1.8.
  • The PB ratio of the Jindal Drilling & Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Jindal Drilling & Industries Ltd changed from 0.2 on March 2019 to 1.4 on March 2024 . This represents a CAGR of 38.31% over 6 years.

Historical P/B Ratio of Jindal Drilling & Industries Ltd

No data available

Company Fundamentals for Jindal Drilling & Industries Ltd

Market Cap

2,221 Cr

EPS

32.9

P/E Ratio (TTM)

23.3

P/B Ratio (TTM)

1.8

Day’s High

803.2

Day’s Low

740.5

DTE

0.2

ROE

7.9

52 Week High

860.0

52 Week Low

497.25

ROCE

10.1

Market Price of Jindal Drilling & Industries Ltd

1M

1Y

3Y

5Y

Monitoring Jindal Drilling & Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
20 Dec 2024766.55
19 Dec 2024743.85
18 Dec 2024745.7
17 Dec 2024768.9
16 Dec 2024782.45

SWOT Analysis Of Jindal Drilling & Industries Ltd

Strength

3

che

Weakness

4

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Jindal Drilling & Industries Ltd

Asset Value vs Market Value of Jindal Drilling & Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Jindal Drilling & Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Jindal Drilling & Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Jindal Drilling & Industries Ltd

What is the PB ratio of Jindal Drilling & Industries Ltd?

The current PB ratio of Jindal Drilling & Industries Ltd is 1.84. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Jindal Drilling & Industries Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Jindal Drilling & Industries Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Jindal Drilling & Industries Ltd calculated?

The PB ratio of Jindal Drilling & Industries Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Jindal Drilling & Industries Ltd?

A high PB ratio suggests that Jindal Drilling & Industries Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Jindal Drilling & Industries Ltd?

A low PB ratio of Jindal Drilling & Industries Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Jindal Drilling & Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Jindal Drilling & Industries Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions