Just Dial Adjusts Valuation Grade Amidst Competitive Industry Landscape and Performance Metrics

Just Dial, a midcap player in the IT software industry, has recently undergone a valuation adjustment, reflecting its current financial standing. The company's price-to-earnings (PE) ratio stands at 24.11, while its price-to-book value is recorded at 2.17. The enterprise value to EBITDA ratio is noted at 19.43, indicating the company's valuation relative to its earnings before interest, taxes, depreciation, and amortization.
In terms of performance metrics, Just Dial's return on equity (ROE) is at 9.02%, although it faces challenges with negative capital employed impacting its return on capital employed (ROCE). The company has a PEG ratio of 0.40, suggesting a favorable growth outlook relative to its earnings.

When compared to its peers, Just Dial's valuation metrics position it distinctly within the industry. For instance, Zensar Technologies is categorized differently, with a PE ratio of 24.2, while Indegene shows a higher PE at 35.67. Notably, Just Dial's recent stock performance has outpaced the Sensex over various time frames, particularly in the short term, highlighting its relative strength in the market.