Just Dial Limited

NSEI:JUSTDIAL Stock Report

Market Cap: ₹85.3b

Just Dial Valuation

Is JUSTDIAL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JUSTDIAL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JUSTDIAL (₹1003.45) is trading above our estimate of fair value (₹666.98)

Significantly Below Fair Value: JUSTDIAL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JUSTDIAL?

Key metric: As JUSTDIAL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for JUSTDIAL. This is calculated by dividing JUSTDIAL's market cap by their current earnings.
What is JUSTDIAL's PE Ratio?
PE Ratio17x
Earnings₹5.03b
Market Cap₹85.33b

Price to Earnings Ratio vs Peers

How does JUSTDIAL's PE Ratio compare to its peers?

The above table shows the PE ratio for JUSTDIAL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average50.9x
MATRIMONY Matrimony.com
28.7x16.4%₹14.4b
DGCONTENT Digicontent
19.9xn/a₹3.4b
NAZARA Nazara Technologies
106.3x27.4%₹85.1b
532163 Saregama India
48.6x23.7%₹91.2b
JUSTDIAL Just Dial
17x4.4%₹85.3b

Price-To-Earnings vs Peers: JUSTDIAL is good value based on its Price-To-Earnings Ratio (17x) compared to the peer average (50.9x).

Price to Earnings Ratio vs Industry

How does JUSTDIAL's PE Ratio compare vs other companies in the Asian Interactive Media and Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
JUSTDIAL 17.0xIndustry Avg. 20.9xNo. of Companies14PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: JUSTDIAL is good value based on its Price-To-Earnings Ratio (17x) compared to the Asian Interactive Media and Services industry average (20.9x).

Price to Earnings Ratio vs Fair Ratio

What is JUSTDIAL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JUSTDIAL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17x
Fair PE Ratio25.1x

Price-To-Earnings vs Fair Ratio: JUSTDIAL is good value based on its Price-To-Earnings Ratio (17x) compared to the estimated Fair Price-To-Earnings Ratio (25.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JUSTDIAL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,003.45
₹1,287.63
+28.3%
13.2%₹1,500.00₹1,008.00n/a8
Dec ’25₹1,105.80
₹1,296.57
+17.3%
13.8%₹1,500.00₹1,008.00n/a7
Nov ’25₹1,141.70
₹1,287.63
+12.8%
13.2%₹1,500.00₹1,008.00n/a8
Oct ’25₹1,164.65
₹1,219.63
+4.7%
15.2%₹1,500.00₹944.00n/a8
Sep ’25₹1,252.05
₹1,218.86
-2.7%
16.3%₹1,500.00₹944.00n/a7
Aug ’25₹1,219.45
₹1,219.63
+0.01%
15.2%₹1,500.00₹944.00n/a8
Jul ’25₹1,052.35
₹1,092.57
+3.8%
11.8%₹1,260.00₹910.00n/a7
Jun ’25₹932.30
₹1,092.57
+17.2%
11.8%₹1,260.00₹910.00n/a7
May ’25₹1,153.20
₹1,092.57
-5.3%
11.8%₹1,260.00₹910.00n/a7
Apr ’25₹836.40
₹974.14
+16.5%
12.6%₹1,125.00₹798.00n/a7
Mar ’25₹924.10
₹974.14
+5.4%
12.6%₹1,125.00₹798.00n/a7
Feb ’25₹812.65
₹974.14
+19.9%
12.6%₹1,125.00₹798.00n/a7
Jan ’25₹804.45
₹891.67
+10.8%
11.4%₹1,050.00₹748.00n/a6
Dec ’24₹729.00
₹891.67
+22.3%
11.4%₹1,050.00₹748.00₹1,105.806
Nov ’24₹724.20
₹891.67
+23.1%
11.4%₹1,050.00₹748.00₹1,141.706
Oct ’24₹729.40
₹867.22
+18.9%
15.8%₹1,150.00₹690.00₹1,164.659
Sep ’24₹765.65
₹856.11
+11.8%
16.8%₹1,150.00₹690.00₹1,252.059
Aug ’24₹779.70
₹856.11
+9.8%
16.8%₹1,150.00₹690.00₹1,219.459
Jul ’24₹738.70
₹823.33
+11.5%
16.8%₹1,150.00₹629.00₹1,052.359
Jun ’24₹708.15
₹823.33
+16.3%
16.8%₹1,150.00₹629.00₹932.309
May ’24₹675.00
₹823.33
+22.0%
16.8%₹1,150.00₹629.00₹1,153.209
Apr ’24₹595.20
₹794.44
+33.5%
17.9%₹1,150.00₹660.00₹836.409
Mar ’24₹581.60
₹794.44
+36.6%
17.9%₹1,150.00₹660.00₹924.109
Feb ’24₹616.70
₹794.44
+28.8%
17.9%₹1,150.00₹660.00₹812.659
Jan ’24₹600.90
₹793.38
+32.0%
20.0%₹1,150.00₹650.00₹804.458
Dec ’23₹597.60
₹793.38
+32.8%
20.0%₹1,150.00₹650.00₹729.008

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 02:27
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Just Dial Limited is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vivekanand SubbaramanAmbit Capital
Pankaj KaduAxis Capital Limited
Hitesh DasBarclays