Home > PE Ratio > OIL & NATURAL GAS CORPORATION

OIL & NATURAL GAS CORPORATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of OIL & NATURAL GAS CORPORATION is 6.82.

Share Price ₹222.2Oct 16,2026
Market Cap ₹279,534.3 Cr
Earnings-TTM₹40,965.6 CrTTM-Consolidated Results
Price/Earnings6.82xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for OIL & NATURAL GAS CORPORATION
Please provide your vote to see the results
OIL & NATURAL GAS CORPORATION is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Top Undervalued Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of OIL & NATURAL GAS 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 OIL & NATURAL GAS CORPORATION is calculated as :

Current Market Cap [ ₹279,534.3 Cr] as on Oct 16,2026

(/) Earnings [ ₹40,965.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 6.82x ]

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

Thus, for OIL & NATURAL GAS CORPORATION , the investors are currently willing to pay 6.82 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 OIL & NATURAL GAS 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 OIL & NATURAL GAS CORPORATION over the last five years.

Historical PE (Price/Earnings) ratio chart of OIL & NATURAL GAS CORPORATION


PE Ratio Performance Analysis for OIL & NATURAL GAS CORPORATION

- OIL & NATURAL GAS CORPORATION 's latest p/e ratio is 6.82x.

- OIL & NATURAL GAS CORPORATION 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 6.75x.

- OIL & NATURAL GAS CORPORATION 's operated at median p/e ratio of 6.86x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OIL & NATURAL GAS CORPORATION 's p/e ratio peaked in Mar2026 at 8.64x.

- OIL & NATURAL GAS CORPORATION 's p/e ratio hit its five-year low in Mar2022 of 4.53x.


How does OIL & NATURAL GAS CORPORATION 's P/E Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Earnings-TTM (Cr)PE RatioMarket Cap
OIL & NATURAL GAS CORPORATION 40,965.606.82279,534.3
OIL INDIA LTD8,954.328.1172,611.8
DEEP INDUSTRIES LTD224.5121.474,820.8
HINDUSTAN OIL EXPLORATION COMPANY LTD25.1187.512,197.2
JINDAL DRILLING & INDUSTRIES LTD168.599.811,653.2
ASIAN ENERGY SERVICES LTD55.2740.382,231.8
GUJARAT NATURAL RESOURCES LTD19.3175.891,465.5
ABAN OFFSHORE LTD-193.11-0.4893.4

Oil Exploration Industry Benchmark (Top 10) PE Analysis vs OIL & NATURAL GAS CORPORATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -0.48x
Max industry PE 87.51x
Median industry PE 21.47x
Average industry PE 31.19x



You may also like the below Video Courses