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HINDUSTAN PETROLEUM CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN PETROLEUM CORPORATION is 4.73.

Share Price ₹482.9Apr 23,2024
Market Cap ₹68,492.3 Cr
Earnings-TTM₹14,473.2 CrTTM-Consolidated Results
Price/Earnings4.73xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN PETROLEUM CORPORATION

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 HINDUSTAN PETROLEUM CORPORATION is calculated as :

Current Market Cap [ ₹68,492.3 Cr] as on Apr 23,2024

(/) Earnings [ ₹14,473.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 4.73x ]

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

Thus, for HINDUSTAN PETROLEUM CORPORATION , the investors are currently willing to pay 4.73 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 HINDUSTAN PETROLEUM CORPORATION !

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 HINDUSTAN PETROLEUM CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTAN PETROLEUM CORPORATION


PE Ratio Performance Analysis for HINDUSTAN PETROLEUM CORPORATION

- HINDUSTAN PETROLEUM CORPORATION 's latest p/e ratio is 4.73x.

- HINDUSTAN PETROLEUM CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.17x.

- HINDUSTAN PETROLEUM CORPORATION 's operated at median p/e ratio of 5.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN PETROLEUM CORPORATION 's p/e ratio peaked in Mar2020 at 10.98x.

- HINDUSTAN PETROLEUM CORPORATION 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does HINDUSTAN PETROLEUM CORPORATION 's P/E Ratio benchmark against top 10 peers in Refineries Industry?

Peer Comparison (Refineries Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTAN PETROLEUM CORPORATION 14,473.204.7368,492.3
RELIANCE INDUSTRIES LTD78,633.0025.111,974,690.0
INDIAN OIL CORPORATION LTD47,115.605.04237,449.0
BHARAT PETROLEUM CORPORATION LTD26,635.604.83128,626.0
MANGALORE REFINERY AND PETROCHEMICALS LTD4,353.579.0339,319.6
CHENNAI PETROLEUM CORPORATION LTD3,100.344.4613,816.0

Refineries Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN PETROLEUM CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 4.46x
Max industry PE 25.11x
Median industry PE 5.04x
Average industry PE 8.87x



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