CASTROL INDIA
|
The Current P/E Ratio of CASTROL INDIA is 23.74.
Share Price | ₹207.4 | Apr 19,2024 |
Market Cap | ₹20,513.9 Cr | |
Earnings-TTM | ₹864.1 Cr | TTM-Standalone Results |
Price/Earnings | 23.74x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CASTROL INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹20,513.9 Cr] as on Apr 19,2024
(/) Earnings [ ₹864.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 23.74x ]
Thus, for CASTROL INDIA , the investors are currently willing to pay 23.74 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 CASTROL INDIA !
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 CASTROL INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of CASTROL INDIA
PE Ratio Performance Analysis for CASTROL INDIA
- CASTROL INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 17.58x.
- CASTROL INDIA 's operated at median p/e ratio of 16.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CASTROL INDIA 's p/e ratio peaked in Dec2020 at 20.9x.
- CASTROL INDIA 's p/e ratio hit its five-year low in Dec2022 of 14.94x.
How does CASTROL INDIA 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?
Peer Comparison (Lubricants Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
CASTROL INDIA | 864.13 | 23.74 | 20,513.9 |
GULF OIL LUBRICANTS INDIA LTD | 283.50 | 17.16 | 4,864.5 |
SAVITA OIL TECHNOLOGIES LTD | 206.38 | 19.83 | 4,092.1 |
TIDE WATER OIL COMPANY (INDIA) LTD | 123.53 | 22.37 | 2,762.8 |
PANAMA PETROCHEM LTD | 184.98 | 11.07 | 2,048.3 |
GP PETROLEUMS LTD | 24.58 | 13.53 | 332.6 |
Lubricants Industry Benchmark (Top 10) PE Analysis vs CASTROL INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.07x |
Max industry PE | 23.74x |
Median industry PE | 19.83x |
Average industry PE | 17.95x |
You may also like the below Video Courses