OIL INDIA
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The Current P/E Ratio of OIL INDIA is 10.32.
Share Price | ₹640.7 | May 08,2024 |
Market Cap | ₹69,472.1 Cr | |
Earnings-TTM | ₹6,730.3 Cr | TTM-Consolidated Results |
Price/Earnings | 10.32x | Calculated as Market Cap/Earnings |
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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 [ ₹69,472.1 Cr] as on May 08,2024
(/) Earnings [ ₹6,730.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.32x ]
Thus, for OIL INDIA , the investors are currently willing to pay 10.32 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 Mar2023 to Mar2019 averaged 3.92x.
- OIL INDIA 's operated at median p/e ratio of 3.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OIL INDIA 's p/e ratio peaked in Mar2019 at 6.21x.
- OIL INDIA 's p/e ratio hit its five-year low in Mar2020 of 1.91x.
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 | 6,730.33 | 10.32 | 69,472.1 |
OIL & NATURAL GAS CORPORATION LTD | 50,690.90 | 6.87 | 348,222.0 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 263.82 | 9.87 | 2,605.2 |
JINDAL DRILLING & INDUSTRIES LTD | 100.20 | 22.74 | 2,278.9 |
ASIAN ENERGY SERVICES LTD | 25.01 | 47.72 | 1,193.4 |
SELAN EXPLORATION TECHNOLOGY LTD | 32.74 | 32.62 | 1,068.0 |
DEEP ENERGY RESOURCES LTD | -0.64 | -915.64 | 587.8 |
ABAN OFFSHORE LTD | -1,355.95 | -0.29 | 391.6 |
GUJARAT NATURAL RESOURCES LTD | -2.39 | -59.24 | 141.6 |
AAKASH EXPLORATION SERVICES LTD | 3.76 | 28.99 | 108.8 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs OIL INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -915.64x |
Max industry PE | 47.72x |
Median industry PE | 10.32x |
Average industry PE | -81.60x |
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