Analysis Article • Jun 01
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- 7D0.4%
- 3M1.9%
- 1Y6.5%
- YTD8.0%
Last week, the Energy Services industry hasn't moved much but Jindal Drilling & Industries is up 9.6% in that time. The past year has been better, since the industry has gained 6.5% in that time. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Indian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Jul 2026 | ₹143.4b | ₹52.2b | ₹7.8b | 23.4x | 18.4x | 2.7x |
| Tue, 09 Jun 2026 | ₹151.3b | ₹51.5b | ₹7.8b | 22.9x | 19.5x | 2.9x |
| Thu, 07 May 2026 | ₹139.4b | ₹48.0b | ₹5.5b | 22.1x | 25.5x | 2.9x |
| Sat, 04 Apr 2026 | ₹127.9b | ₹47.6b | ₹5.3b | 19.3x | 24.2x | 2.7x |
| Mon, 02 Mar 2026 | ₹119.5b | ₹47.6b | ₹5.3b | 20.4x | 22.6x | 2.5x |
| Wed, 28 Jan 2026 | ₹116.3b | ₹44.0b | ₹5.3b | 24.9x | 22.1x | 2.6x |
| Fri, 26 Dec 2025 | ₹128.1b | ₹44.0b | ₹5.3b | 26.7x | 24.3x | 2.9x |
| Sun, 23 Nov 2025 | ₹124.5b | ₹44.0b | ₹5.3b | 25.7x | 23.5x | 2.8x |
| Tue, 21 Oct 2025 | ₹127.4b | ₹42.6b | ₹4.6b | 23.5x | 27.6x | 3x |
| Thu, 18 Sep 2025 | ₹137.3b | ₹41.4b | ₹4.5b | 22.6x | 30.2x | 3.3x |
| Sat, 16 Aug 2025 | ₹136.6b | ₹46.7b | ₹4.5b | 20.8x | 30.3x | 2.9x |
| Mon, 14 Jul 2025 | ₹133.9b | ₹45.1b | ₹3.9b | 22x | 34.3x | 3x |
| Wed, 11 Jun 2025 | ₹131.4b | ₹44.9b | ₹3.9b | 22.8x | 33.7x | 2.9x |
| Fri, 09 May 2025 | ₹121.8b | ₹38.7b | ₹3.6b | 22.8x | 33.7x | 3.1x |
| Sun, 06 Apr 2025 | ₹133.4b | ₹37.7b | ₹6.0b | 21.3x | 22.3x | 3.5x |
| Tue, 04 Mar 2025 | ₹122.9b | ₹37.7b | ₹6.0b | 20.9x | 20.6x | 3.3x |
| Thu, 30 Jan 2025 | ₹152.1b | ₹43.2b | ₹6.3b | 19.9x | 24.1x | 3.5x |
| Sat, 28 Dec 2024 | ₹170.4b | ₹42.3b | ₹5.8b | 23.3x | 29.2x | 4x |
| Mon, 25 Nov 2024 | ₹167.2b | ₹42.6b | ₹5.8b | 22.9x | 28.7x | 3.9x |
| Wed, 23 Oct 2024 | ₹162.4b | ₹34.5b | ₹5.2b | 28.5x | 31.3x | 4.7x |
| Fri, 20 Sep 2024 | ₹175.4b | ₹32.4b | ₹4.9b | 36.7x | 36x | 5.4x |
| Sun, 18 Aug 2024 | ₹157.7b | ₹32.4b | ₹4.8b | 35.2x | 33x | 4.9x |
| Tue, 16 Jul 2024 | ₹163.5b | ₹35.0b | ₹3.8b | 44.9x | 42.5x | 4.7x |
| Thu, 13 Jun 2024 | ₹153.0b | ₹35.0b | ₹3.8b | 40.5x | 39.8x | 4.4x |
| Sat, 11 May 2024 | ₹142.9b | ₹26.8b | ₹9.0b | 41.6x | 15.8x | 5.3x |
| Mon, 08 Apr 2024 | ₹122.7b | ₹25.7b | ₹8.9b | 26.1x | 13.8x | 4.8x |
| Wed, 06 Mar 2024 | ₹118.5b | ₹25.2b | ₹8.8b | 27.7x | 13.4x | 4.7x |
| Fri, 02 Feb 2024 | ₹118.1b | ₹27.8b | ₹6.5b | 28.3x | 18.2x | 4.3x |
| Sun, 31 Dec 2023 | ₹112.0b | ₹26.7b | ₹6.2b | 28.9x | 18.1x | 4.2x |
| Tue, 28 Nov 2023 | ₹101.6b | ₹26.7b | ₹6.2b | 25x | 16.5x | 3.8x |
| Thu, 26 Oct 2023 | ₹84.3b | ₹21.7b | ₹7.7b | 20.7x | 11x | 3.9x |
| Sat, 23 Sep 2023 | ₹83.1b | ₹21.7b | ₹7.7b | 17.7x | 10.8x | 3.8x |
| Mon, 21 Aug 2023 | ₹76.5b | ₹21.7b | ₹7.3b | 17.2x | 10.5x | 3.5x |
| Wed, 19 Jul 2023 | ₹73.4b | ₹25.4b | ₹7.0b | 13.5x | 10.4x | 2.9x |
Price to Earnings Ratio
10.4x
Current Industry PE
- Investors are pessimistic on the Indian Energy Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 18.4x which is lower than its 3-year average PE of 24.2x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have grown 3.4% per year over the last three years.
- Revenues for these companies have grown 27% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Energy industry?
| IN Market | 0.26% | |
| Energy | 0.20% | |
| Energy Services | 0.44% | |
| Oil and Gas Drilling | 9.57% | |
| Oil and Gas Services | -0.75% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 32.6x.
- Analysts expect its future annual earnings growth (34.5%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Oil and Gas Drilling industry, which is trading below its 3-year average of 18.5x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 34% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 34% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 511034 Jindal Drilling & Industries | ₹604.85 | 9.6% +₹1.5b | -1.5% | PE8.3x | |
| 522014 United Drilling Tools | ₹228.35 | 5.2% +₹230.4m | 1.7% | PE24.4x | |
| DEEPINDS Deep Industries | ₹465.30 | 0.5% +₹144.0m | 3.1% | PE16.5x | |
| 522261 Dolphin Offshore Enterprises (India) | ₹384.70 | 0.7% +₹108.0m | -14.1% | PE22.5x | |
| 530355 Asian Energy Services | ₹333.40 | 0.3% +₹37.7m | 13.2% | PE28.9x |
