Start with its own history
At 47.15×, MJDLF is 48.5% above its 6-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
47.15×
48.5% abovethe 6-observation annual average
Price and EPS in quote currency. Calculation details
Investors are paying 47.15 for every 1 of reported earnings per share.
Annual period-end data · 18 observations
| Period end | P/E | Change |
|---|---|---|
| Apr 30, 2026 | 60.27× | +121.2% |
| Apr 30, 2025 | 27.25× | +82.4% |
| Apr 30, 2024 | 14.94× | +24.4% |
| Apr 30, 2023 | 12.01× | -32.8% |
| Apr 30, 2022 | 17.86× | -69.3% |
| Apr 30, 2021 | 58.17× | N/M |
| Apr 30, 2020 | N/M | N/M |
| Apr 30, 2019 | N/M | N/M |
| Period end | P/E | Change |
|---|---|---|
| Apr 30, 2018 | N/M | N/M |
| Apr 30, 2017 | N/M | N/M |
| Apr 30, 2016 | N/M | N/M |
| Apr 30, 2015 | N/M | N/M |
| Apr 30, 2014 | N/M | N/M |
| Apr 30, 2013 | 11.41× | -9.2% |
| Apr 30, 2012 | 12.57× | -68.9% |
| Apr 30, 2011 | 40.41× | N/M |
| Apr 30, 2010 | N/M | N/M |
| Apr 30, 2009 | 6.94× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
MJDLF This stockMajor Drilling Group International Inc. | 47.15× |
MCHHFMacmahon Holdings Limited | 20.72× |
CTJHFCITIC Resources Holdings Limited | 13.18× |
CREQFChina Rare Earth Holdings Limited | N/M |
SLGGFSolGold Plc | N/M |
BAJFFCamrova Resources Inc. | N/M |
IBJHFIbstock plc | N/M |
NCKAFNickel Asia Corporation | 8.27× |
ICHMFISE Chemicals Corporation | 34.99× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 47.15×, MJDLF is 48.5% above its 6-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 4 positive peer ratios above is 16.95×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("MJDLF", "PE Ratio", "LQ")Share price 10.74 ÷ EPS 0.2278 = 47.15×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Major Drilling Group International Inc.'s current P/E is 47.15× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.