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OIL INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of OIL INDIA is 11.39.

Share Price ₹450.0Jul 24,2026
Market Cap ₹73,197.0 Cr
Earnings-TTM₹6,429.1 CrTTM-Consolidated Results
Price/Earnings11.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of OIL 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 OIL INDIA is calculated as :

Current Market Cap [ ₹73,197.0 Cr] as on Jul 24,2026

(/) Earnings [ ₹6,429.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 11.39x ]

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

Thus, for OIL INDIA , the investors are currently willing to pay 11.39 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 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 OIL INDIA over the last five years.

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


PE Ratio Performance Analysis for OIL INDIA

- OIL INDIA 's latest p/e ratio is 11.39x.

- OIL INDIA 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 5.38x.

- OIL INDIA 's operated at median p/e ratio of 4.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OIL INDIA 's p/e ratio peaked in Mar2025 at 9.59x.

- OIL INDIA 's p/e ratio hit its five-year low in Mar2023 of 2.08x.


How does OIL INDIA '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 INDIA 6,429.1111.3973,197.0
OIL & NATURAL GAS CORPORATION LTD46,791.206.69312,934.0
DEEP INDUSTRIES LTD197.0615.583,069.4
HINDUSTAN OIL EXPLORATION COMPANY LTD62.7534.172,144.3
JINDAL DRILLING & INDUSTRIES LTD172.6210.161,754.5
ASIAN ENERGY SERVICES LTD48.3335.871,733.4
GUJARAT NATURAL RESOURCES LTD9.89143.371,418.2
ABAN OFFSHORE LTD-790.50-0.1188.0

Oil Exploration Industry Benchmark (Top 10) PE Analysis vs OIL INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -0.11x
Max industry PE 143.37x
Median industry PE 15.58x
Average industry PE 32.14x



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