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Jindal Drilling & Industries Ltd P/E Ratio

Jindal Drilling & Industries Ltd P/E Ratio

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Jindal Drilling & Industries Ltd

NSE: JINDRILL

PE

28.5

Last updated : 21 May 11:27 AM

Key Highlights

    The P/E Ratio of Jindal Drilling & Industries Ltd is 28.5 as of 21 May 11:27 AM .a1#The P/E Ratio of Jindal Drilling & Industries Ltd changed from 4.2 on March 2019 to 7.2 on March 2023 . This represents a CAGR of 11.38% over 5 years. a1#The Latest Trading Price of Jindal Drilling & Industries Ltd is ₹ 755.35 as of 21 May 11:06 .a1#The PE Ratio of Oil Drill/Allied Industry has changed from 4.3 to 8.0 in 5 years. This represents a CAGR of 13.22%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Oil Drill/Allied industry is 8.0. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Jindal Drilling & Industries Ltd changed from ₹ 285.31 crore on March 2019 to ₹ 696.24 crore on March 2023 . This represents a CAGR of 19.53% over 5 years. a1#The Revenue of Jindal Drilling & Industries Ltd changed from ₹ 149.92 crore to ₹ 189.85 crore over 7 quarters. This represents a CAGR of 14.45% a1#The EBITDA of Jindal Drilling & Industries Ltd changed from ₹ 58.87 crore to ₹ 61.83 crore over 7 quarters. This represents a CAGR of 2.84% a1#The Net Profit of Jindal Drilling & Industries Ltd changed from ₹ 30.12 crore to ₹ 31.94 crore over 7 quarters. This represents a CAGR of 3.41% a1#The Dividend Payout of Jindal Drilling & Industries Ltd changed from 4.25 % on March 2019 to 1.3 % on March 2023 . This represents a CAGR of -21.09% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '194.2
Mar '200
Mar '210
Mar '2210.7
Mar '237.2

Fundamental Metrics

Market Cap

2,210 Cr

EPS

26.3

P/E Ratio (TTM) *

28.5

P/B Ratio (TTM) *

1.6

Day’s High

771.7

Day’s Low

744.0

DTE *

0.2

ROE *

5.1

52 Week High

913.5

52 Week Low

280.4

ROCE *

7.3

* All values are consolidated

* All values are consolidated

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Jindal Drilling & Industries Ltd

NSE: JINDRILL

PRICE

755.35

-7.35(-0.96%)

stock direction

Last updated : 21 May 11:06

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Jindal Drilling & Industries Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

2,172

Asset Value

560

2.9 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

76 Cr

28.5 X

PE Ratio

Market Cap

₹2172Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

76 Cr

28.5 X

PE Ratio

Market Cap

₹2172Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Oil Drill/Allied Industry over time

PE Ratio of Top Sectors

Jindal Drilling & Industries Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Jindal Drilling & Industries Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Jindal Drilling & Industries Ltd's Share Price stands at 755.35. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-21T11:06:00 is 26.33. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 755.35/ 26.33= 28.47.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Jindal Drilling & Industries Ltd's stock is trading at approximately 28.47 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Jindal Drilling & Industries Ltd’s PE Ratio (BSE: JINDRILL)

    The Price-to-Earnings (PE) ratio, used to assess Jindal Drilling & Industries Ltd's stock (BSE: JINDRILL), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '19285
Mar '20131
Mar '21260
Mar '22692
Mar '23696

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22150
Sep '22156
Dec '22146
Mar '22108
Jun '2399
Sep '23150
Dec '23190

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2259
Sep '2261
Dec '2252
Mar '2235
Jun '2338
Sep '2352
Dec '2362

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2230
Sep '2232
Dec '2225
Mar '2210
Jun '2312
Sep '2322
Dec '2332

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '194
Mar '206
Mar '2116
Mar '222
Mar '231

* All values are a in %

About Jindal Drilling & Industries Ltd

About Jindal Drilling & Industries Ltd

    Jindal Drilling & Industries Limited promoted by D P Jindal Group was incorporated on 17th October, 1983. The Company is a manufacturer of seamless casing pipes and off-shore oil well drilling activities. The Company is engaged in providing services to entities involved in exploration of Oil & Gas. It undertakes drilling operations for ONGC on leased jack-up drilling rigs, as also mud-logging operations. It re-threads casing pipe on a job-work basis for ONGC and OIL and trades in steel pipes; it also heat-treats, cold processes, threads and finishes seamless pipes. The company came out with a rights issue in Jan.'94 to part-finance finishing facilities for seamless pipes, which are used by its sister concern Maharashtra Seamless -- and a small part by ONGC and OIL. Seamless pipes find applications in the oil sector, the automobile, fertiliser, chemical and process industries and in the manufacture of bearings. The installed capacity of Threading,end finishing & upsetting of Seamless Pipes was 75000 MT till March 2002. The company is planning to change its Registered ofice from Delhi to Maharashtra and the same is subject to approval. During the year 2006, the Company had filed 2 separate Schemes of Arrangement before the Hon'ble High Court for the States of Punjab and Haryana at Chandigarh for the approval of a) the demerger of Casinvest Division into Haryana Capfin Limited. b) the merger of Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. with the Company. By orders of Hon'ble High Court dated 27th July 2006, the said Schemes were approved and accordingly, Newsco Newtech Pvt. Ltd. & Discovery Hydrocarbons Pvt. Ltd. amalgamated with the Company and Casinvest Division demerged into Haryana Capfin Limited with effect from the Appointed Date i.e. 1st April, 2005. Further, Casing Pipe Division of the Company was also sold in 2006. Discovery Hydrocarbons Pvt. Ltd. (DHPL) formed a wholly owned subsidiary, namely Discovery Drilling Pte Ltd. (DDPL) in Singapore in April, 2006. Consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company w.e.f. 1st April, 2005. On 2nd February, 2007 DDPL allotted new shares to financial parties and accordingly this wholly owned subsidiary of the Company became joint venture of the Company, wherein the Company holds 49.07% of its Equity Capital. Discovery Hydrocarbons Pvt. Ltd. (DHPL) entered into a Vessel construction agreement (VCA) with Keppel Fels Limited for construction of new premium jack-up Rig and consequent upon scheme of amalgamation as approved by Hon'ble High Court of Punjab & Haryana on 27th July, 2006, DHPL got merged with Company. During the year 2007-08, Company acquired 49% stake in Virtue Drilling Pte Ltd. (VDPL), Singapore and with this acquisition, VDPL became the Joint Venture Company of the Company. During year 2012, the Company commenced operations for 3 sets of directional drilling tools in ONGC Ankleshwar and 1 set of tools for ONGC Ahmedabad, completed 2 wells contract with M/s. Naftogaz India Pvt Ltd., Ahmedabad. During the year 2015-16, the Company was operating one Jack up Rig, sixteen Directional Drilling units along with split units on call and eleven Mud logging units. It commenced operation of another Rig 'Rowan Louisiana' awarded by ONGC in May, 2016. During the year 2018-19, Company operated 2 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units. It purchased a Jack-up Rig 'Discovery-I' at the cost of USD 75 Million from its Joint Venture Company Discovery Drilling Pte. Ltd. During the year 2021-22, Company operated 5 Jackup Rigs, 6 Directional Drilling sets and 22 Mud Logging units.

Jindal Drilling & Industries Ltd News Hub

News

Board of Jindal Drilling & Industries recommends Final Dividend

Jindal Drilling & Industries announced that the Board of Directors of the Company at its m...

Read more

21 May 2024 16:08

News

Jindal Drilling & Industries to convene board meeting

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company ...

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14 May 2024 11:51

News

Jindal Drilling rises as board OKs to buy jack-up rig for $75 mln

Discovery Drilling Pte., Singapore is a joint venture of company of Jindal Drilling and In...

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18 Mar 2024 14:42

News

Jindal Drilling & Industries to declare Quarterly Result

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company ...

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17 Jan 2024 17:22

News

Jindal Drilling & Industries schedules board meeting

Jindal Drilling & Industries will hold a meeting of the Board of Directors of the Company ...

Read more

25 Oct 2023 12:59

News

CRISIL upgrades ratings of Jindal Drilling

The agency has also reaffirmed the company's short term rating at 'CRISIL A1'. The upgrade...

Read more

23 Aug 2023 13:58

Product Composition by Percentage (Revenue)

FAQs for PE of Jindal Drilling & Industries Ltd

What is Jindal Drilling & Industries Ltd current share price?

The current market price of Jindal Drilling & Industries Ltd as of May 21, 2024 is ₹755.35.

What is Jindal Drilling & Industries Ltd's market cap?

Jindal Drilling & Industries Ltd's market capitalisation stood at ₹2,172 Cr as of May 21, 2024

What are Jindal Drilling & Industries Ltd's total net assets?

According to Jindal Drilling & Industries Ltd's most recent financial filings, the company's net assets total ₹560.4 Cr.

Is Jindal Drilling & Industries Ltd making a profit or loss?

Jindal Drilling & Industries Ltd's net Profit as of May 21, 2024 is close to ₹76 Cr.
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