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GULF OIL LUBRICANTS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of GULF OIL LUBRICANTS INDIA is 17.17.

Share Price ₹989.4Apr 19,2024
Market Cap ₹4,867.6 Cr
Earnings-TTM₹283.5 CrTTM-Consolidated Results
Price/Earnings17.17xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GULF OIL LUBRICANTS INDIA

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 GULF OIL LUBRICANTS INDIA is calculated as :

Current Market Cap [ ₹4,867.6 Cr] as on Apr 19,2024

(/) Earnings [ ₹283.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.17x ]

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

Thus, for GULF OIL LUBRICANTS INDIA , the investors are currently willing to pay 17.17 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 GULF OIL LUBRICANTS 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 GULF OIL LUBRICANTS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of GULF OIL LUBRICANTS INDIA


PE Ratio Performance Analysis for GULF OIL LUBRICANTS INDIA

- GULF OIL LUBRICANTS INDIA 's latest p/e ratio is 17.17x.

- GULF OIL LUBRICANTS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 9.30x.

- GULF OIL LUBRICANTS INDIA 's operated at median p/e ratio of 10.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, GULF OIL LUBRICANTS INDIA 's p/e ratio peaked in Mar2022 at 10.07x.

- GULF OIL LUBRICANTS INDIA 's p/e ratio hit its five-year low in Mar2023 of 8.53x.


How does GULF OIL LUBRICANTS INDIA 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GULF OIL LUBRICANTS INDIA 283.5017.174,867.6
CASTROL INDIA LTD864.1323.7420,514.4
SAVITA OIL TECHNOLOGIES LTD206.3819.834,092.1
TIDE WATER OIL COMPANY (INDIA) LTD123.5322.372,762.8
PANAMA PETROCHEM LTD184.9811.072,048.3
GP PETROLEUMS LTD24.5813.53332.6

Lubricants Industry Benchmark (Top 10) PE Analysis vs GULF OIL LUBRICANTS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.07x
Max industry PE 23.74x
Median industry PE 19.83x
Average industry PE 17.95x



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