ABAN OFFSHORE
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The Current P/E Ratio of ABAN OFFSHORE is -0.17.
| Share Price | ₹23.4 | Mar 23,2026 |
| Market Cap | ₹136.7 Cr | |
| Earnings-TTM | ₹-790.5 Cr | TTM-Consolidated Results |
| Price/Earnings | -0.17x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ABAN OFFSHORE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹136.7 Cr] as on Mar 23,2026
(/) Earnings [ ₹-790.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -0.17x ]
Thus, for ABAN OFFSHORE , the investors are currently willing to pay -0.17 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 p/e ratio for fiscal years ending Mar2025 to Mar2021 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 Mar2025 at 0x.
- ABAN OFFSHORE 's p/e ratio hit its five-year low in Mar2025 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 Ratio | Market Cap |
|---|---|---|---|
| ABAN OFFSHORE | -790.50 | -0.17 | 136.7 |
| OIL & NATURAL GAS CORPORATION LTD | 44,123.40 | 7.57 | 333,818.0 |
| OIL INDIA LTD | 6,190.99 | 12.20 | 75,555.9 |
| DEEP INDUSTRIES LTD | -2.39 | -1,059.83 | 2,530.9 |
| HINDUSTAN OIL EXPLORATION COMPANY LTD | 106.14 | 15.18 | 1,611.4 |
| JINDAL DRILLING & INDUSTRIES LTD | 193.67 | 6.90 | 1,336.6 |
| ASIAN ENERGY SERVICES LTD | 37.68 | 31.41 | 1,183.6 |
| SELAN EXPLORATION TECHNOLOGY LTD | 67.46 | 26.77 | 1,805.8 |
| GUJARAT NATURAL RESOURCES LTD | 7.26 | 183.14 | 1,329.2 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs ABAN OFFSHORE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,059.83x |
| Max industry PE | 183.14x |
| Median industry PE | 12.20x |
| Average industry PE | -86.31x |
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