OIL INDIA
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The Current P/E Ratio of OIL INDIA is 8.70.
| Share Price | ₹479.0 | Sep 24,2026 |
| Market Cap | ₹77,914.1 Cr | |
| Earnings-TTM | ₹8,954.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 8.70x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of OIL INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹77,914.1 Cr] as on Sep 24,2026
(/) Earnings [ ₹8,954.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 8.70x ]
Thus, for OIL INDIA , the investors are currently willing to pay 8.70 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 p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 6.65x.
- OIL INDIA 's operated at median p/e ratio of 6.85x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OIL INDIA 's p/e ratio peaked in Mar2026 at 11.68x.
- 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 Ratio | Market Cap |
|---|---|---|---|
| OIL INDIA | 8,954.32 | 8.70 | 77,914.1 |
| OIL & NATURAL GAS CORPORATION LTD | 40,965.60 | 7.31 | 299,348.0 |
| DEEP INDUSTRIES LTD | 224.51 | 21.85 | 4,905.9 |
| HINDUSTAN OIL EXPLORATION COMPANY LTD | 25.11 | 91.28 | 2,291.8 |
| JINDAL DRILLING & INDUSTRIES LTD | 168.59 | 10.16 | 1,712.9 |
| ASIAN ENERGY SERVICES LTD | 55.27 | 41.75 | 2,307.3 |
| GUJARAT NATURAL RESOURCES LTD | 19.31 | 77.96 | 1,505.5 |
| ABAN OFFSHORE LTD | -529.64 | -0.15 | 81.8 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs OIL INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -0.15x |
| Max industry PE | 91.28x |
| Median industry PE | 21.85x |
| Average industry PE | 32.36x |
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