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GUJARAT NATURAL RESOURCES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GUJARAT NATURAL RESOURCES is -51.75.

Share Price ₹15.4Apr 26,2024
Market Cap ₹123.7 Cr
Earnings-TTM₹-2.4 CrTTM-Consolidated Results
Price/Earnings-51.75xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GUJARAT NATURAL RESOURCES

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 GUJARAT NATURAL RESOURCES is calculated as :

Current Market Cap [ ₹123.7 Cr] as on Apr 26,2024

(/) Earnings [ ₹-2.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -51.75x ]

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

Thus, for GUJARAT NATURAL RESOURCES , the investors are currently willing to pay -51.75 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 GUJARAT NATURAL RESOURCES !

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 GUJARAT NATURAL RESOURCES over the last five years.

Historical PE (Price/Earnings) ratio chart of GUJARAT NATURAL RESOURCES


PE Ratio Performance Analysis for GUJARAT NATURAL RESOURCES

- GUJARAT NATURAL RESOURCES 's latest p/e ratio is -51.75x.

- GUJARAT NATURAL RESOURCES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- GUJARAT NATURAL RESOURCES '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, GUJARAT NATURAL RESOURCES 's p/e ratio peaked in Mar2023 at 0x.

- GUJARAT NATURAL RESOURCES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does GUJARAT NATURAL RESOURCES 's P/E Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GUJARAT NATURAL RESOURCES -2.39-51.75123.7
OIL & NATURAL GAS CORPORATION LTD50,690.907.02355,833.0
OIL INDIA LTD6,730.3310.1268,138.6
HINDUSTAN OIL EXPLORATION COMPANY LTD263.8210.372,735.5
JINDAL DRILLING & INDUSTRIES LTD100.2022.792,283.9
ASIAN ENERGY SERVICES LTD3.98287.951,146.9
SELAN EXPLORATION TECHNOLOGY LTD25.8436.89953.3
DEEP ENERGY RESOURCES LTD-0.64-907.91582.9
ABAN OFFSHORE LTD-1,355.95-0.30409.5
AAKASH EXPLORATION SERVICES LTD3.7629.12109.4

Oil Exploration Industry Benchmark (Top 10) PE Analysis vs GUJARAT NATURAL RESOURCES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -907.91x
Max industry PE 287.95x
Median industry PE 10.37x
Average industry PE -55.57x



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