INDIAN OIL CORPORATION
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The Current P/E Ratio of INDIAN OIL CORPORATION is 12.37.
Share Price | ₹138.9 | Nov 04,2024 |
Market Cap | ₹196,143.5 Cr | |
Earnings-TTM | ₹15,856.0 Cr | TTM-Consolidated Results |
Price/Earnings | 12.37x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of INDIAN OIL CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹196,143.5 Cr] as on Nov 04,2024
(/) Earnings [ ₹15,856.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.37x ]
Thus, for INDIAN OIL CORPORATION , the investors are currently willing to pay 12.37 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 INDIAN OIL 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 INDIAN OIL CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIAN OIL CORPORATION
PE Ratio Performance Analysis for INDIAN OIL CORPORATION
- INDIAN OIL CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.40x.
- INDIAN OIL CORPORATION 's operated at median p/e ratio of 2.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIAN OIL CORPORATION 's p/e ratio peaked in Mar2023 at 10.96x.
- INDIAN OIL CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does INDIAN OIL CORPORATION 's P/E Ratio benchmark against top 10 peers in Refineries Industry?
Peer Comparison (Refineries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDIAN OIL CORPORATION | 15,856.00 | 12.37 | 196,143.5 |
RELIANCE INDUSTRIES LTD | 77,180.00 | 22.83 | 1,761,920.0 |
BHARAT PETROLEUM CORPORATION LTD | 11,785.80 | 11.17 | 131,673.0 |
HINDUSTAN PETROLEUM CORPORATION LTD | 3,793.39 | 20.67 | 78,410.3 |
MANGALORE REFINERY AND PETROCHEMICALS LTD | 884.65 | 29.20 | 25,833.3 |
CHENNAI PETROLEUM CORPORATION LTD | 667.16 | 13.72 | 9,153.6 |
Refineries Industry Benchmark (Top 10) PE Analysis vs INDIAN OIL CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.17x |
Max industry PE | 29.20x |
Median industry PE | 20.67x |
Average industry PE | 18.33x |
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