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GP PETROLEUMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of GP PETROLEUMS is 14.12.

Share Price ₹68.0Apr 24,2024
Market Cap ₹347.0 Cr
Earnings-TTM₹24.6 CrTTM-Standalone Results
Price/Earnings14.12xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GP PETROLEUMS

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 GP PETROLEUMS is calculated as :

Current Market Cap [ ₹347.0 Cr] as on Apr 24,2024

(/) Earnings [ ₹24.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 14.12x ]

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

Thus, for GP PETROLEUMS , the investors are currently willing to pay 14.12 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 GP PETROLEUMS !

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 GP PETROLEUMS over the last five years.

Historical PE (Price/Earnings) ratio chart of GP PETROLEUMS


PE Ratio Performance Analysis for GP PETROLEUMS

- GP PETROLEUMS 's latest p/e ratio is 14.12x.

- GP PETROLEUMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.85x.

- GP PETROLEUMS 's operated at median p/e ratio of 10.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GP PETROLEUMS 's p/e ratio peaked in Mar2019 at 20.27x.

- GP PETROLEUMS 's p/e ratio hit its five-year low in Mar2023 of 6.29x.


How does GP PETROLEUMS 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GP PETROLEUMS 24.5814.12347.0
CASTROL INDIA LTD864.1324.3221,013.9
GULF OIL LUBRICANTS INDIA LTD283.5017.114,851.0
SAVITA OIL TECHNOLOGIES LTD206.3819.043,930.1
TIDE WATER OIL COMPANY (INDIA) LTD123.5323.612,917.1
PANAMA PETROCHEM LTD184.9811.072,047.4

Lubricants Industry Benchmark (Top 10) PE Analysis vs GP PETROLEUMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.07x
Max industry PE 24.32x
Median industry PE 19.04x
Average industry PE 18.21x



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