OIL INDIA
|
The Current P/E Ratio of OIL INDIA is 12.98.
| Share Price | ₹488.7 | Feb 03,2026 |
| Market Cap | ₹79,491.9 Cr | |
| Earnings-TTM | ₹6,124.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 12.98x | 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 [ ₹79,491.9 Cr] as on Feb 03,2026
(/) Earnings [ ₹6,124.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.98x ]
Thus, for OIL INDIA , the investors are currently willing to pay 12.98 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 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 Ratio | Market Cap |
|---|---|---|---|
| OIL INDIA | 6,124.74 | 12.98 | 79,491.9 |
| OIL & NATURAL GAS CORPORATION LTD | 42,422.50 | 7.62 | 323,439.0 |
| DEEP INDUSTRIES LTD | -26.12 | -94.19 | 2,460.5 |
| HINDUSTAN OIL EXPLORATION COMPANY LTD | 141.18 | 14.43 | 2,037.2 |
| JINDAL DRILLING & INDUSTRIES LTD | 193.67 | 6.91 | 1,338.6 |
| ASIAN ENERGY SERVICES LTD | 27.00 | 41.72 | 1,126.5 |
| SELAN EXPLORATION TECHNOLOGY LTD | 67.46 | 28.41 | 1,916.5 |
| GUJARAT NATURAL RESOURCES LTD | 1.59 | 1,003.05 | 1,593.9 |
| ABAN OFFSHORE LTD | -1,096.60 | -0.11 | 119.9 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs OIL INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -94.19x |
| Max industry PE | 1,003.05x |
| Median industry PE | 12.98x |
| Average industry PE | 113.43x |
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