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ABAN OFFSHORE
PE (Price/Earnings) Ratio

The Current P/E Ratio of ABAN OFFSHORE is -0.24.

Share Price ₹40.4Apr 24,2025
Market Cap ₹236.0 Cr
Earnings-TTM₹-968.2 CrTTM-Consolidated Results
Price/Earnings-0.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ABAN OFFSHORE

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ABAN OFFSHORE is calculated as :

Current Market Cap [ ₹236.0 Cr] as on Apr 24,2025

(/) Earnings [ ₹-968.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -0.24x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ABAN OFFSHORE , the investors are currently willing to pay -0.24 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ABAN OFFSHORE !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of ABAN OFFSHORE over the last five years.

Historical PE (Price/Earnings) ratio chart of ABAN OFFSHORE


PE Ratio Performance Analysis for ABAN OFFSHORE

- ABAN OFFSHORE 's latest p/e ratio is -0.24x.

- ABAN OFFSHORE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.

- ABAN OFFSHORE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ABAN OFFSHORE 's p/e ratio peaked in Mar2024 at 0x.

- ABAN OFFSHORE 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does ABAN OFFSHORE 's P/E Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ABAN OFFSHORE -968.22-0.24236.0
OIL & NATURAL GAS CORPORATION LTD40,408.407.76313,689.0
OIL INDIA LTD7,302.658.9765,471.0
DEEP INDUSTRIES LTD164.5818.603,060.8
HINDUSTAN OIL EXPLORATION COMPANY LTD165.4015.332,535.8
JINDAL DRILLING & INDUSTRIES LTD119.3517.262,060.6
ASIAN ENERGY SERVICES LTD29.9945.511,364.5
SELAN EXPLORATION TECHNOLOGY LTD70.3012.20857.6
GUJARAT NATURAL RESOURCES LTD-5.02-105.50529.9

Oil Exploration Industry Benchmark (Top 10) PE Analysis vs ABAN OFFSHORE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -105.50x
Max industry PE 45.51x
Median industry PE 12.20x
Average industry PE 2.21x



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